Removing complexity Processes that make energy markets work
The Challenge
Energy and utilities have to create an efficient
and customer centric market. Customer
processes like supplier switching and moving
house have to be handled transparently and
without disruption.
Liberalisation and deregulation inevitably lead
to a massive increase in the flow of information
between the market parties, who include
distribution companies, incumbent suppliers,
new entrants and the regulators. The consumer
should benefit from fair and transparent market
facilitation.
A Central Market Facilitation body should take
the lead in the transformation. This must be a
predictable, first time right project. And requires
a flexible and trusted partner to oversee all
implementation aspects. Such a partner would
need to be experienced in setting up and
servicing central market systems in the utilities
sector.
Our Answer
Energy Clearing House (ECH) or Central
Market System is the best way to co-ordinate
and facilitate information transfer between
energy companies. Our concept for Central
Market Systems has matured through years
of innovative thought and market feedback.
We have transformed the majority of existing
deregulated markets and are proud of our long
track record. This covers retail and/or wholesale
processes in both gas and electricity markets.
We take care of the design, realisation,
implementation, hosting and support the
Clearing House system. We are closely involved
in the development of new processes and
services.
Key Benefits
Central Market Systems
allow:
- increased retail market
competition
- competitive smart
markets to operate
effectively
- utilities to enhance the
benefits of deploying
smart meters.
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