The nature of electricity makes it almost inevitable that quantities produced and consumed will deviate from the quantities for which contracts have been defined in advance. In deregulated energy markets these differences (imbalances) can lead to financial settlements. To avoid and minimize the resulting costs, companies must be able to analyze and validate all available data about delivered energy and communicate their findings back to the system operator within a specific period of days.
In particular, Dutch energy companies like E.ON Benelux have 10 days to report to TenneT (the system operator) any discrepancies or errors found. During that 10 day period, corrections to the data can be made by any of the involved parties (including the TenneT and Grid Operators) and financial settlements can be avoided or at least minimized. However, the high volume of exchanged data makes it practically impossible to fully validate it using manual processes.
E.ON was looking for a solution that would automate the data collection and assembly, and simplify the whole imbalance validation process. The objective was to achieve a high level of visibility over imbalance, to quickly understand its causes and take any corrective measures within the time-frame defined by TenneT.
E.ON Benelux selected the OutSystems Energy Imbalance Settlement &
Reporting (EISR) solution. The EISR solution replaces time-consuming manual and spreadsheet-based imbalance validation processes with a sophisticated, yet simple to use Web-based system, allowing companies to quickly identify imbalance causes and take the necessary corrective measures. The solution offers:
E.ON Benelux concentrates on the supply of electricity and heat to major customers and distributors. It operates in the Netherlands and is focusing on supplying The Netherlands and Belgium markets. The company has its own production capacity, with international purchasing potential and a professional sales organization, supplying also energy related services. E.ON Benelux B.V. is part of the German group E.ON Energie AG. E.ON is the world's largest investorowned energy services provider. It employs around 88,000 people and generated more than 56 billion Euros in sales in 2005.
For more information please visit www.eon-benelux.com
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