When it comes to power trading across the Nordic region, staying ahead of market changes and utilising ‘best of breed’ energy trading and operations software is crucial. Brady Technologies’ PowerDesk Data Manager is designed to do just that, offering a comprehensive, proven solution to streamline and increase productivity of power trading operations.
The ‘go to solution’ for anyone trading power in the Nordic region
PowerDesk Data Manager is a market-leading power trading, communications and operations platform that continuously evolves to meet the needs of the Nordic energy sector. With robust features and regular updates, it helps to ensure that your power trading operations (including short-term trading), are efficient, accurate and compliant.
Nordic market changes – solution highlights
1. mFRR Energy Activation Market
Despite the regulator’s go-live postponement to January 2025, PowerDesk Data Manager has already been developed to support:
- Seamless bid submission to TSOs
- Efficient bid activation and ramping
- Importing results of accepted activations
2. Settlement of mFRR at eSett
eSett’s upcoming changes will affect products and invoices related to mFRR EAM. Brady is proactively analysing these changes to ensure seamless integration, including:
- Updates to data packages and online services
- New invoice rows for Balance Responsible Parties and Balance Service Providers
- Enhanced cross-links and new energy types
3. 15-Minute Market Time Unit in the Day-Ahead Market
Launching in Q1-2025, this update aims for a more stable and efficient short-term market. PowerDesk Data Manager will support 15-minute trading and market result imports, ensuring you are ready for this shift.
4. 15-Minute Market Time Unit in the Intraday Auctions Market
Trade results will be imported via the existing auction day-ahead API, with necessary adjustments to ensure smooth operations.
5. Imbalance Price in 15-Minute Intervals
eSett will publish prices in 15-minute intervals, which can be imported into PowerDesk Data Manager. This change will provide more accurate pricing data, for more informed trading decisions.
6. aFRR and mFRR Capacity Market
With the trilateral mFRR Capacity Market launching in November 2024 and a common Nordic market expected by 2025/2026, Brady is updating the Fifty Market Management System to support these markets, ensuring you are ready for new trading opportunities.
New Product Codes and PRODAT Types by the Swedish TSO, Svenska kraftnät
New EU rules effective January 2025 will introduce new product types and PRODAT types. Brady will support these changes, ensuring your operations remain compliant and efficient.
Why Choose PowerDesk Data Manager?
By choosing PowerDesk Data Manager, you are investing in a power trading operations solution that not only meets today’s needs but is also prepared for tomorrow’s challenges. The solution also supports asset and meter data management, trading and settlements, with market connectivity in Europe, Western Australia and Canada (Ontario).
