Cloud-based solution to support meeting new wholesale electricity market requirements under the European Target Model to increase competition, security of supply and transparency London, 29th August 2017: Brady plc (BRY.L), a leading global provider of trading, risk management and settlement solutions to the energy, commodities, and recycling sectors, announced today that Brookfield Renewable Ireland Limited, a leading owner, operator and developer of wind assets in Ireland has selected Brady’s I-SEM Cloud solution for electricity trading and settlement in the new Integrated Single Electricity Market (I-SEM). I-SEM is a new wholesale electricity market arrangement for Ireland and Northern Ireland, designed to integrate the all-island electricity market with European electricity markets in alignment with the European Target Model, which aims to deliver increased levels of competition, security of supply and transparency. As an established player in the Irish market, Brookfield Renewable requires a robust and scalable solution to cover the full trading and operations process for the new I-SEM setup. Brady is leveraging its product knowledge and European market experience to deliver the new I-SEM solution. Brookfield Renewable Ireland commented: “Brady’s trading and settlement system offered us the capability to build a single bespoke solution to meet the requirements of I-SEM and
Continue reading Brookfield Renewable Ireland Selects Brady plcs I-SEM Cloud Solution. This article appeared first on CTRM Center.
Source: CTRM Center