THESIS - Value of MFRR market for flexible industrial loads

Background 

The rapidly developing electrical power system with increased dynamics from more renewable energy has led to a need for increased flexible production. As an electricity customer, one can earn income by shifting electricity consumption for a short period of time while also supporting the transition to renewable energy. This happens automatically, and usually, only a few minutes are needed a few times a year. As a customer, you also have the option to turn off the regulation. 

Objective 

The Master Thesis Project includes conducting a literature study of frequency regulation within industrial loads and a theoretical investigation of the dynamic effects of frequency regulation to industries.  

The aim of the work is to develop a better understanding of the value of frequency regulation in industries and how it can affect the industrial clients in the future.  

Our offer 

At Fortum we see a Thesis Project as a good way to get to know you during your study time and for you to learn more about Fortum and how our business is working. A Supervisor will be appointed to support and guide you through the Thesis Project and you will also create a network of people within the Company as well as with other Students doing their Thesis with us.  

For a well performed and approved work, we will provide a taxable lumpsum award. 

This Thesis Project is preferably executed at either of our offices in Stockholm/Solna. 

Your Qualifications 

We believe that you are studying Mechanical Engineering, Electrical Engineering, Engineering Physics or similar, at a Master Programme level. The Project will be performed in English. 

We expect you to be analytical, energetic and able to work independently. You like challenges and are interested in solving complicated technical problems. 

Interested? 

To apply, register your CV and a personal letter of maximum one page or a Power Point presentation of maximum two slides, in our Recruitment Tool via “Apply now”, latest by 24th November 2024. Applications will be evaluated continuously and an applicant may be on-boarded before this date. 

The personal letter shall include an approach on how you would like to investigate the idea. Mark your application with the reference number HYG-173. 

If you have General questions about Theses or Internship at Fortum, please address those to fortumcareers@fortum.com. 

Please note that we have more Master Thesis Projects open for application at our recruitment site.