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Schweighofer to deploy FSIGHT's Energy AI

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12.9.2019

Holzindustrie Schweighofer to deploy FSIGHT's Energy AI to shave electricity peaks and save up to 80% on grid costs.

Holzindustrie Schweighofer, one of Europe’s leading wood processing companies, is joining forces with FSIGHT, a smart grid management platform developer, to deploy a large scale Distributed Energy Resources (DER) system in its Kodersdorf/DE sawmill. 

FSIGHT is widely known among Commercial and Industrial (C&I) energy consumers in several European countries, including Germany and Austria. The initial idea for a joint project was based on the contact between Holzindustrie Schweighofer’s top management and FSIGHT’s chairman, former Austrian chancellor Christian Kern. The resulting partnership is based on the fact that both parties pursue the same goals: they share a vision of clean energy and a more stable energy grid.

“Holzindustrie Schweighofer’s management approached us with the challenge of significantly reducing the electricity peaks of their factory. Once we demonstrated how our planning and real-time operation of a DER setup could save money, the decision to move to the realization of the plan was easy,” says Emek Sadot, FSIGHT’s CEO. 

Kodersdorf Sawmill, Germany.

The project kicked off in January 2019 with an analysis and planning stage powered by FSIGHT’s artificial intelligence engine, Energy AI. The system performed a technical and economic analysis based on 2 years of historical data such as energy consumption patterns, weather history and energy costs, and scanned hundreds of possibilities in order to identify the optimal setup. The analysis’ findings included a recommendation for a hybrid setup of a commercial scale battery combined with a generator. 

The feasibility tests showed that Holzindustrie Schweighofer’s Kodersdorf sawmill, located in Saxony, Germany, can save about 80% of its grid costs every year by deploying FSIGHT’s system. Using its load forecasting technology and the storage optimization feature, FSIGHT’s Energy AI system will allow Holzindustrie Schweighofer to better balance their energy consumption and reduce peak demand.

Holzindustrie Schweighofer Sawmill.

“This project demonstrates the value and efficiency of Energy AI in complex energy environments. The solution we provide integrates multiple technologies: a consumption forecasting system, battery and generator control systems, an optimization engine and more,” says Evgeny Finkel, VP R&D at FSIGHT. “I believe many more C&I consumers will follow Holzindustrie Schweighofer’s approach to reduce peak demand. It's a win-win solution for everybody, saving costs for consumers, optimizing energy usage, reducing the load on the grid and minimizing the environmental footprint.”


About FSIGHT:

FSIGHT is a technology company which combines Artificial Intelligence with big data algorithms for the purpose of smart grid management. FSIGHT’s Energy AI platform uses Artificial Intelligence algorithms to determine the best times to produce, consume, store and trade energy, to save on energy costs for the end user, the service provider and the grid operator.


About the Schweighofer Group:

The Schweighofer Group has its roots in a traditional Austrian family company with over 400 years of experience in wood processing. Today, the Group is primarily active in the wood processing industry, forest management, bioenergy production and real estate. The industry division of the Schweighofer Group operates three sawmills and two wooden panel productions in Romania and one sawmill in Germany. It takes a leading role in the European timber-processing industry, currently employing around 3,100 employees. Holzindustrie Schweighofer exports products to over 70 countries worldwide.