[smart_link url="https://truman.cloud/wp-content/uploads/2025/08/truman_pressrelease_21.8.2025_fi.pdf" label="The release in Finnish ›"] [smart_link url="https://truman.cloud/wp-content/uploads/2025/08/truman_pressrelease_21.8.2025_eng.pdf" label="The release in English ›"] [smart_link url="https://truman.cloud/wp-content/uploads/2025/08/Technical-appendix-by-Truman-Data-Ltd.-data-science-team.pdf" label="Background data document ›"]
This chart illustrates how measured energy flexibility aligns with external buy signals. The grey bars are the total flexibility capacity available from a sample of all the connected 15 pilot buildings’ behind-the-meter energy assets. The blue line shows real-time imbalance ask prices, i.e., the offered market price for acquiring flexibility. The red line indicates the city’s sell threshold. Highlighted with brighter blue matching the black: The available flexibility ca be sold when prices exceed this threshold … and if the energy is not required locally for something else. The highlighted peak shows the point where available capacity is activated, turning flexibility into a market sell order.
The blue line represent the pricing of flexibility deals (€/MWh), while grey bars are the available flexibility at all properties managed by Riihimäki. It is decided that flexibility is profitable to sell when the pricing is over 100 €/MWh. The red rectangles show the profitable earning opportunities when the city can sell their available flexibility at the time by creating asks for those time slots.
The stacked bars are flexibility asks from different sellers, while the red bars are bid orders from one buyer. Sellers names were obfuscated with the exception of Riihimäki. The buyer is a single company.
 |
The person unknown would preferably have extensive experience in computing, or built environment, or the energy sector, but not from the traditional, legacy side. S/he brings strong business development and sales skills and has hopefully worked in early-stage companies focused on the built environment, automated energy assessment services, finance, or IoT. S/he has strong business skills and has been involved in business development across a wide range, from large corporations to early-stage startups. It’s a plus if s/he knows proptech, has experience in the energy sector, or understands the built environment from an automation perspective. But most importantly, s/he brings a proactive attitude to sales, is creative, and knows how to pitch complex ideas simply and engagingly, whether to a major player like EDF or a small real estate portfolio holder. S/he can learn complex stuff fast, demonstrates leadership skills, ie, knowledge of how to lead multi-lateral projects, works independently (including remotely), sales & sales & sales, and is fluent in cap tables, Excel, and making shit happen. In free time, the person unknown enjoys a good life, has meaningful values, friends, and family, and s/he aims to leave Earth wealthier and the planet itself better off than when s/he entered it. |
 |
 CTO/COO Rauno Jokelainen is a seasoned executive with over three decades of experience in the telecommunications and IoT industry. Prior to Truman Data, he held the demanding roles of CTO, Country Manager, and eventually CEO at UROS. During his tenure, he established an IoT innovation center in Oulu together with Qualcomm. Before this, Rauno served as Vice President of Radio Platforms at Nokia Networks. He has also successfully led an IPO for a health-tech company to the Toronto Stock Exchange. He has experience in scaling worldwide teams up to 3200 persons. Rauno is a semi-pro at smacking flying balls around: badminton, padel, tennis, volleyball. Back in the day, he even captained the Cambridge University volleyball team. |
 |
CEO Björn Hammar has in the scale of Nordics a unique expertise in building platforms, both for domestic and international markets. As a co-founder of Igglo platform and exposure to several seed-investments, he has very extensive international networks and direct relationships with Nordic influencers. He has comprehensive experience in launching and scaling up start-ups, as well as in growth financing. He is very good in talent management. On weekends, he studies or spends time outdoors. Still, the man doesn’t hate Mondays, though he sometimes does for Fridays, as the team/s are usually unreachable for the next couple of days. |