Copperleaf, an IFS company, announces that Vattenfall Hydro, one of Europe’s largest providers of hydroelectric power, has selected Copperleaf PortfolioTM for asset investment planning (AIP). The Copperleaf solution will support Vattenfall Hydro’s goal of aligning its investment planning with its financial and operational objectives (Hydro P25), enhancing asset risk visibility across their hydroelectric dams and river systems, and enabling value-based, risk-informed decision making.
With the implementation of Copperleaf’s AI-powered solution, Vattenfall Hydro will streamline its investment portfolio, balancing time-varying risks, costs, and strategic objectives. The solution will also incorporate regulatory investments using a TOTEX driven approach, expand planning constraints to include resource and material limits and sustainability goals, and introduce non-economic measures like carbon dioxide reduction and biodiversity, ensuring a comprehensive and transparent approach to asset management.
“Copperleaf will assist us in setting the right investment level based on our strategy,” said Yvonne Björnström, Director Technology Dam Safety, Environment, Asset Management and Technology, Vattenfall Hydro. “Improved efficiency in asset investment planning enables higher focus on risk and puts us in a better position to run a profitable business.”
“We’re incredibly proud to welcome Vattenfall Hydro to the Copperleaf Community as our first client in Sweden,” added Christina Jørgensen, Copperleaf Regional Manager. “Their decision to partner with us is a testament to the trust they place in Copperleaf to deliver a future-proof solution that aligns with their strategic objectives and operational needs.”
“We are excited to embark on this long-term partnership with Vattenfall Hydro, a company whose commitment to sustainability and innovation aligns perfectly with Copperleaf’s values,” concluded Stefan Sadnicki, Copperleaf Managing Director, EMEA & APJ. “By implementing the Copperleaf solution, we look forward to helping our client improve transparency, foster better governance, and enable more agile and informed decision making across its planning cycles.”
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