The growth of regional entities, whether spot markets or balancing markets, is creating a need for market settlement processes that can handle cross-border issues.
In the next few years transnational integration will further increase as EU directives are implemented and greater transmission capacity between formerly fragmented markets becomes available. These developments will intensify the need for settlement systems that can handle the growing complexity of cross-border data trading, such as national value added taxes, currencies and languages. To effectively compete, market and grid operators need to upgrade to standardised and configurable systems in a seamless way and without system failure.
With its extensive expertise in market settlement globally, Brady is helping make the transition to more integrated markets a seamless, low risk and cost efficient experience.
Brady covers the following asset classes: power, electricity, gas, emissions, renewables, LNG, LPG.
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