Download - eSett corporate presentation
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Corporate presentation
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eSett provides imbalance settlement services to participants of electricity markets in Finland, Norway and Sweden.
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Formed and jointly owned by the three Nordic Transmission
System Operators (TSO):
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Headquartered in Finland and founded in 2013
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In 2010, Fingrid, Svenska kraftnät and Statnett agreed to form a joint project with the objective to establish a common imbalance settlement for three of the Nordic countries called Nordic Imbalance Settlement (NBS).
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It is necessary for TSOs to utilise balancing power to settle the imbalances between supply and consumption of electricity, which arise from uncertainties in plans and failures in generation, consumption and grid.
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NORDIC IMBALANCESETTLEMENT
Operational responsibility for imbalance settlement and invoicing
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The handover of the settlement business to eSett will take place in 2016
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Supported by the governments and regulators in the Nordic countries
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Important step towards a fully functional common Nordic retail market
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OUR MISSION?
To provide harmonized operational preconditions for imbalance settlement in Finland, Norway and Sweden
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COMMISSIONING PLAN
Guideline for market participants for the handover of settlement business to eSett
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Includes contingency plans, description of fall back options, training plans, communication plans, checklists prior to Go-Live for all parties
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HANDBOOK
Provides a comprehensive overview to the Nordic Imbalance Settlement Model from the market participant’s perspective
Collects information on rules, regulation and standards
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ONLINE SERVICE
eSett’s main communication tool and primary interface to stakeholders
Includes settlement information from the imbalance settlement IT system
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Will also provide functionality for update of structure information and upload of settlement data
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INFORMATION SERVICE
System-to-system connection between the market participant and eSett
Gives market participants the possibility to retrieve settlement data
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Established as a web service, which provides the possibility for data requesting and transfer but also capabilities for information security
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Is used both for inbound messages, such as meter values sent from the DSOs, and outbound messages, such as the settlement result to the BRPs.
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Thank youwww.esett.com