1st September 2014, London:Brady plc (BRY.L), the leading supplier of trading and risk management solutions for energy, commodities and recycling, announced today that Clean Energy Sourcing AG (CLENS), a European energy supply company, focussed on delivering clean energy to large industrial and commercial consumers has selected Brady Power Scheduling and Balancing solution to ensure greater transparency and streamlining of its power scheduling activities.
CLENS is one of the leading providers of green energy to both industrial and commercial consumers, as well as to household customers, supplying exclusively renewable power. The company buys green electricity directly from renewable energy plant operators and operates primarily within Germany and Austria. As well as being the leading supplier of green power in Germany, the company also trades power and gas and operates a virtual power plant for supply of balancing power.
“Having been a customer of Brady since 2010, we are highly impressed by the team’s understanding of our business and the professional partnership that we have enjoyed to date. This coupled with Brady’s unique position in being able to cover almost all European markets within one modern technology platform, made Brady the right partner for CLENS,” said Thomas Pröger, CIO at CLENS. Continuing he added: “We were looking for a way to improve the transparency of the balancing and scheduling processes, whilst simultaneously gaining greater efficiency in streamlining the processes by automating the time-consuming stages of the various processes. We are confident that we have chosen the best product on the market to improve the efficiency of our business, resulting in reduced costs and shorter release cycles. ”
Gavin Lavelle, CEO of Brady plc, commented: “By opting for Brady Energy Power Scheduling and Balancing solution, CLENS endorses once again the position of the Brady solution as the market-leading solution for being able to manage both balancing and scheduling of power contracts across numerous borders. We are confident that CLENS will quickly enjoy the benefits and are delighted that they have selected Brady.”
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Brady Energy Balancing and Scheduling Solution
As national energy markets increasingly move towards cross-border trading, market participants must be able to view electricity balances and inform the relevant transmission system operator (TSO) of the power scheduling or nomination across multiple standards in near to real time.
Since harmonisation of standards appears to be many years away, market participants are faced with the challenge of exchanging information across multiple markets and standards for the foreseeable future. However, for market participants ready to embrace cross-border energy trading, the ability to schedule efficiently at lower risk is critical to success.
In this area, Brady Energy has extensive experience in balancing and scheduling or nomination. With our leading industry insight we are well equipped to assist you in finding the best solutions to stay ahead of competitors.
Automated scheduling streamlines day-to-day tasks
Why spend three to four hours a day repeatedly performing administrative tasks manually, such as typing up and reformatting data, importing data into your tool, exporting results and logging into an FTP server to upload these to the relevant TSO, when you can do it automatically with the Brady Energy Balancing and Scheduling solution?
With this automated solution, you can utilise our user-friendly interface, which provides a comprehensive overview of your entire scheduling workflow and status as well as access to step-by-step guidance through the process. You can also drill down to any level of detail.
Integrate with any ETRM system
The Brady Energy Balancing and Scheduling solution functions as a stand-alone solution or as an integrated part of your ETRM system. When used with Brady Energy ETRM system, installing the solution is as simple as plug-and-play. We also have extensive experience in connecting our modules with other ETRM systems.
To gain a real edge in intraday trading across multiple markets using different formats, choose the Brady Energy Balancing and Scheduling solution.
Editorial contact for Brady
Rebecca Sanders-Hewett / Charlie Geller / David Ison
Telephone: +44 (0)20 7382 4730
Notes to Editors:
About Brady plc:
Brady plc (BRY.L) is the largest European-headquartered provider of trading and risk management software to the global commodity, recycling and energy markets. Brady combines fully integrated and complete solutions supporting the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations, back office financials and treasury settlement, for energy, refined and unrefined metals, scrap and secondary metals, soft commodities and agricultural products.
Brady has 25 years’ expertise in the commodity markets with over 300 customers worldwide, who depend on Brady's software solutions to deliver vital business transactions across their global operations. Brady clients include many of the world's largest financial institutions, trading companies, miners, refiners and producers, tier one banks and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members and many leading European energy generators, traders and consumers. For further information visit: www.bradyplc.com
About CLENS :
CLENS, based in Leipzig, is a dynamic energy supply company with a focus on delivering clean energy to large industrial and commercial consumers. The company operates predominantly within Germany and Austria as the leading green power supplier in Germany, exclusively supplying renewable power.
Commodities traded: Power, Gas, Green Power Certificates and Emissions
For further information visit: www.
22nd July 2014, London: Brady plc (BRY.L), the leading global supplier of trading, risk management and settlement solutions to the commodities, recycling and energy sectors, announced a trading update for the half year to 30 June 2014.
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