Merus Power, a Finnish provider of battery energy storage, power quality solutions, and battery optimization and trading services, has selected Tieto's Energy Management solution to strengthen its digital trading capabilities and support continued business growth.
The new platform enables Merus Power to optimize battery and hybrid assets across electricity reserve and wholesale markets, helping customers maximize the value of their battery energy storage system (BESS), create new revenue opportunities, and contribute to a more flexible and sustainable energy system.
“Our goal is to offer tailored trading services for all markets, also supporting hybrid solutions and local flexibility. Tieto’s solution has a proven track record in the Finnish energy market and provides a reliable foundation for trading operations. We’re satisfied with solution development and excited about how it enables our strategic direction,” says Matti Uusipaasto, Head of Trading at Merus Power.
Tieto's Energy Management solution provides a modern platform for managing battery energy storage assets, using AI and analytics to optimize participation in electricity markets. The solution enables aggregated storage capacity with Virtual Power Plant (VPP) to participate in power reserve and wholesale markets, unlocking additional value from battery energy storage systems.
"Our collaboration is built on a shared commitment to accelerating the green transition through innovative technology. Together with Merus Power, we are building a scalable digital foundation that enables intelligent energy management, supports new business opportunities for end customers, and helps maximize the value of battery energy storage and hybrid assets with multimarket optimization," says Niko Jauhiainen, Head of Asset & Data Solutions, Energy & Utilities at Tieto.
Merus Power's battery energy storage and power quality solutions are used in more than 70 countries worldwide.
For further information, please contact:
Tieto Newsdesk, news@tieto.com, tel. +358 40 570 4072
Matti Uusipaasto
matti.uusipaasto@meruspower.com
Tieto is a leading software and digital engineering services company with global market reach and capabilities. We provide customers across different industries with mission-critical solutions through our specialized software businesses Tieto Caretech, Tieto Banktech and Tieto Indtech as well as Tieto Tech Consulting business.
Our around 13 000 talented vertical software, design, cloud and AI experts are dedicated to empowering our customers to succeed and innovate with latest technology.
Tieto`s annual revenue is approximately EUR 2 billion. The company`s shares are listed on the NASDAQ exchange in Helsinki and Stockholm. www.tieto.com
Merus Power is a technology company driving the sustainable energy transition. We design and produce innovative electrical engineering solutions such as energy storages and power quality solutions, and services for the needs of renewable energy and industry.
Through our scalable technology, we facilitate the growth of renewable energy in the electricity grids and improve the energy efficiency of society. We are a domestic specialist in innovative electrical engineering and operate in global and high-growth markets.
Our personnel represent internationally renowned engineering expertise. Our net sales in 2025 was EUR 54.6 million and our stock’s trading symbol on the Nasdaq First North Growth Market Finland is MERUS. www.meruspower.com