CxO Industry 2024 event in Tampere

Syncron Tech participates at CxO Industry 2024 event, which will be held at Tampere Hall on September 4, 2024. The event has already reached its sixth year and brings together hundreds of decision-makers as well as respected international speakers from pioneering organizations. The event offers a unique opportunity to network and share ideas with the most influential decision-makers. International speakers from industry-leading organizations will take the stage to share their views and best practices, and will deal with the hottest topics throughout the day, which will provide valuable information and insights for business development. Some of the interesting topics of this year's event include utilizing big data and artificial intelligence to achieve competitive advantage, strategic investments and sustainable growth. We at Syncron Tech are looking forward to the event's interesting discussions and new insights. See you in Tampere in September! Read more about the CxO Industry 2024 event here.

Vaasa EnergyWeek is one of the key energy industry events in the Nordics, bringing together energy industry professionals from several different countries to exchange the latest insights, get inspired, and build valuable connections. This year's event will be held on March 11-14 at Vaasa City Hall. Each day of the event has its own focus: Energy & Climate, Wind & Renewable Energy, Energy Storage and Gas Energy. The event's exhibitors change according to the day's theme, and this year's themes include batteries and storage, circular economy, future smart cities, digitalization, energy sector regulation, as well as business and innovations. There will also be seminars and opportunities for networking. Syncron Tech will be there every day of the event - Welcome to visit our booth B9! See you at the event!

Participating in the electricity reserve market can be beneficial for renewable energy power plants that produce a lot of electricity, as it provides an opportunity to support the electricity grid and be compensated for providing the reserve. With the help of the reserve market, you can diversify the earning models of the production unit and make more versatile use of the investment. In this blog, I discuss a little about how renewable energy sites and electricity storages can be utilized in accordance with the latest technologies and how to get familiar with the matter.

Teknologia 23 is the leading industrial event in the Nordic countries, which presents the latest innovations in intelligent and sustainable industrial technology, covering a wide range from industrial process automation and digitalization to maintenance and energy solutions. The event will be held on November 7-9, 2023 at Helsinki Expo and Convention Centre, and Syncron Tech will be present throughout the event.

Syncron Tech participates at Wind Finland 2023 event, which will be held at Kaapelitehdas in Helsinki on October 4, 2023. Wind Finland is the most significant wind power-focused event in Finland, and this year, the event is expected to have over 700 participants from more than 12 different countries.

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.