White Papers European Power Logistics – The next step in reduci | Page 2
European power markets remain in flux driven by many factors ranging from the EU’s objective
to move to a single market and new regulations to progressively support that initiative, the rapid
march of renewable generation and intraday trading, changes in infrastructure and indeed,
in the needs of the consumer impacting demand. Essentially, we are observing the transition
from national or subnational markets through to regional markets with significant cross border
trade activity across all tenors. Of course, these changes have an impact on Energy Trading
and Risk Management (ETRM) solution requirements and have already helped to create a new
subcategory of ETRM for intraday trading. However, perhaps an overlooked impact is on the need
for communication with the various European entities around scheduling, bidding, capacity,
moving and managing power around the continent.
Power logistics solutions have emerged over time
somewhat separately from ETRM solutions in Europe.
While some ETRM’s do offer logistics for specific local
markets, increasingly a true pan-European logistics
solution is needed but this has proven to be quite
complex to achieve due to the large number of markets,
entities, communication standards and formats that exist
across Europe. Only a few such solutions are offered
on the market and this paper will look specifically at the
solution offered by Brady PLC.
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