TSO compliance
With the upcoming EAM (Energy Activation Market) and MARI (Manual Activated Reserves Initiative) implementations in the Nordic countries and the EU, balance responsible parties (BRPs) are obliged to comply with the new requirements to submit bids to the Transmission System Operators (TSOs). However, many BRPs work in patchwork legacy systems that are missing the required integrations.
Do you need to comply and perform in increasingly complex markets?
In current years, the energy market is developing with the rising number of renewables added to the grid. This brings new regulations and expectations to the software that power traders and balances responsible parties utilize to ensure safe and reliable power trades and operations. Many software systems are, however, outdated and cannot meet the demands of the future.
Maybe you can relate to the following challenges:
Software with no integration into ECP
It is a requirement in the EAM and MARI implementations that BRPs’ software integrates with the information exchange platform ECP (Energy Communication Platform).
Current software is obsolete and missing critical updates
Patchwork legacy systems are hard to maintain as they are no longer supported with relevant system updates, which can influence the quality of the data.
Current software is unreliable and slow
The software has bugs and misses critical updates, resulting in either old or insufficient data and making the decision-making processes last longer.
Your team is not working efficiently
It is hard to meet deadlines and ensure fast and reliable operations due to the team working in various systems and with outdated software
The current system limits your options in the energy market
Your software can not handle new market developments, e.g., capacity market and frequency control bids, which gives your customers fewer options when participating in the energy market
Choose a future-proofed and reliable ETRM solution
OneView® ETRM is a flexible and independent ETRM solution that simplifies power trading in a fast-pacing market. It is designed to adapt to market changes and fits the new demands that follow the green energy transition. With the system, you get future-proofed technology that can quickly adapt to new conditions and regulations so you can meet deadlines and optimize your operations.
The OneView® ETRM also supports bids for ancillary services like frequency control (FCR and FFR) and balancing (mFFR). This enables your customers to gain access to the capacity and frequency markets, giving them multiple bidding options and the possibility to increase their revenue.
The OneView® ETRM enables you to:
- Comply with current and future requirements and regulations
- Integrate to ECP, TSOs, power exchanges, and operating assets through SCADA and PLC
- Gain market share in new markets due to a system with easy TSO integration
- Access reliable documentation data for safe administration
- Access real-time and historical data for improved operations
- Accurately assess risks to make informed decisions
- Reduce manual errors and mitigate risks with automated operations
- Handle and send bids for capacity markets, energy markets, and frequency control
- Easily manage stakeholders through one system
- Ensure realiable operations with a safe and continuously updated system
- Plan and accommodate changes in production and demand directly in the system
