What prevents industry from fully exploiting the opportunities of the energy revolution?

The energy transition, a revolution, is shaping the electricity market at a frantic pace. The game's rules are changing, and new resources, marketplaces, services, and actors exist. In the past, electricity producers anticipated electricity demand and price levels based on their solid experience and planned electricity production accordingly. This is changing and has already changed. The electricity supply from renewable sources varies regardless of demand, increasing price volatility in the electricity market. Price spikes tend to pass through the entire electricity supply chain over time, which is apt to encourage end users to plan their consumption. With more adaptively planned consumption, factories can significantly reduce the average price of purchased electricity already - and this development is getting stronger.

Syncron Tech participates at CxO Industry 2023 event, which will be held at Tampere Hall on August 31, 2023. The event has already reached its fifth year and brings together hundreds of C-level decision-makers as well as respected international speakers from pioneering organizations.

Daily operations management and MES The daily operations management - from herein daily management, process of a production facility ensures distribution of important information to every employee. Production processes are often very complex, and the ability to react quickly is essential. Decisions must be made quickly based on facts. The MES system (Manufacturing Execution System) is well suited to support daily management because it deals with issues related to business process management and measured real time process information. The MES system often has relevant KPI figures ready to monitor the progress of production. The observations collected from the operators, combined with electronically collected information, enable monitoring of the efficiency of the measures taken in production and provide a basis for continuous improvement. MES brings many benefits to the daily management of a production facility. By utilizing available data correctly, it enables cost savings, improved quality, identification of bottlenecks, prediction of maintenance needs, avoidance of unexpected production interruptions, rapid response to alarms, and continuous development of production processes.

Wind power on the rise Wind power is being built in Finland at an accelerating pace. According to the Finnish Wind Power Association's statistics, there are over 50,000 megawatts worth of wind power projects at various stages in Finland. As wind power increases rapidly, it occasionally covers a significant part of the electricity system's production. However, the production and consumption of the electricity system must be constantly balanced. Such situations pose challenges for maintaining balance. Wind power can also be part of the solution to these challenges. At the same time, opportunities open up for more versatile use of wind power in the energy system, rather than just producing energy. Correspondingly, the economic potential for return on investment increases when wind turbines can be used for multiple purposes.

Vaasa EnergyWeek is one of the most important events in the energy sector in the Nordic countries, as it brings together energy industry professionals from several different countries to discuss current topics and future prospects of the energy industry. The event will be held at Vaasa City Hall on March 20-24 and Syncron Tech will be there throughout the event. The themes of the event are Energy & Climate, Wind & Renewable Energy, Gas Energy and Energy Storage. Exhibitors change according to the day's theme, and there will be seminars, workshops and matchmaking. You can find us at: booth D5 from Tuesday to Wednesday (Wind & Renewable Energy). booth B21 from Thursday to Friday (Gas Energy and Energy Storage). Welcome to visit our booth. See you at the event!

Our website has been renewed! We have just launched our new website. We have worked hard to create even clearer and more user-friendly pages for visitors to improve the user experience. One of our biggest improvements is the reorganized site navigation to make it easier and faster to find the most important information about our products and services on the website. From the front page of the products, e.g., SyncMES® and SyncPower®, you can drill down into the topic from different perspectives. We have also added News & Blogs section to our site, where we publish blogs and news about our company. We hope that with the new website we can serve the site's visitors even better. Welcome to our new website!

Syncron Tech participates at FBI Day 2023 (Forest-based Industries), which brings together professionals and students from the forest industry. The FBI Day will take place at Radisson Blu in Oulu on Wednesday, January 25, 2023 . This year, Oulu University's Process Engineering Guild organizes the event.

Syncron Tech participates at Energia 2022 Event, which is the main Event of Energy in Finland, 25-27 Oct 2022 in Tampere.

Until lately process industry has operated in an environment of reasonably predictable costs of energy. However, the recent turmoil in prices of natural gas and electricity is only adding to the impact of longer-term global trends in the energy markets, creating challenges to the industry.