In today's rapidly evolving energy landscape, the role of international trading companies has become increasingly vital in connecting and optimising energy markets worldwide. One such influential player is BritNed, an international trading company that owns and operates the interconnector between the Netherlands and the UK.
Alongside being a transmission system operator, BritNed is also a market facilitator providing a commercial offering of 1000MW of capacity to electricity trading companies across Europe. For BritNed, the biggest challenge in embarking on a transformative project was instigating a paradigm shift to break away from the status quo and adopt a fresh perspective on the energy market’s setup. To achieve this, BritNed sought a new partner who could bring innovative ideas and facilitate a different angle of approach. Enter Supercharge, a company known for its ability to challenge conventions and foster change. As their innovation partner, we joined BritNed on their mission to revolutionise their IT systems.
Together we’ve created Empire, a next-generation energy trading platform, and alongside it, a new support setup for BritNed’s market participants. Our work with BritNed will help the business become more flexible in product development, respond to market needs faster and provide better customer support and engagement.
The launch of the new modern and responsive web application allows BritNed and its participants to use one single platform with a uniform experience instead of three different platforms with convoluted processes. Empire unlocks new value by rethinking the functionality of the three legacy platforms and building on it.
A new market product has already been created through this collaboration: Buy Now auctions. Buy Now auctions allow customers to allocate Day Ahead and Intraday capacity with one click instead of going through the usual lengthy auction process. The best-in-class design promises to make a material difference in the way the BritNed team operates the platform by enhancing the user experience, increasing efficiency and ease of use.
We sat down with Nils Teipel, Commercial Operations & Planning Manager at BritNed who leads the commercial operations team ensuring IT platforms are running as expected on a day-to-day basis to share his experience.
Watch the video below to learn more about the challenges and success of this exciting collaboration project between BritNed and Supercharge.
"There’s a different way of thinking here at Supercharge which can help us improve things over the next couple of years, which we will require to face the challenges that the changing energy market provides to us."
The new platform Empire is development ready, we are entering FAT and UAT as we speak, customer testing starts early August along with the help desk going live. We anticipate the Empire go live to take place mid September followed by troubleshooting in October.
The collaboration between BritNed and Supercharge represents a significant leap forward in the international energy trading sector. By challenging the status quo, embracing innovation, and leveraging cutting-edge technology, this partnership aims to optimise energy markets and revolutionise the interconnector landscape. As we continue working with BritNed, our combined expertise, and shared vision will undoubtedly shape the industry, enabling us to navigate the ever-changing energy market with confidence and success.