Improve your business process efficiency by combining metered asset, contract, and market communication data into a single platform that seamlessly automates all trading, balance, settlement, and billing operations.
Organisations implementing Hansen EDM realise tangible value through increased automation, control, and asset portfolio optimisation. It helps organisations reduce the cost of operations, minimise imbalance penalties, and maximise revenue potential.
Swissgrid Press Release Energy Balance BlogHansen EDM Delivers
Scalable and performant, optimised for time-series data.
Billing of generation and consumption volume.
Centralised repository of all asset parameters and trading operations.
Provides balance group management.
Delivers market compliance and market messaging.
Automation of end-to-end balance and settlement processes.
Creation of complex aggregations and calculations.
Manage all contract data; calculate and create invoices.
An Evolving Marketplace
Energy Data Management (EDM) is vital for all energy market participants, particularly Energy Traders and Balance Responsible Parties (BRPs). EDM enables the management of customer contracts and time-series data related to Electricity and Gas operations. It optimises balance management and settlement processes and the provision of market-messaging to facilitate industry compliance.
This domain is complex and challenging, particularly with an increase in distributed renewable generation and the growth in PPA contracts; organisations often find themselves with large portfolios of highly dynamic and diverse assets. The crucial challenge for organisations operating an EDM is maintaining a real-time overview of imbalances and dispatching controllable assets. Additionally, organisations must discover agile and innovative solutions to handle significant increases in data volumes and contractual complexity, manage data security and privacy concerns, and ensure system interoperability, data quality, and regulatory compliance.
Consolidate, Automate, & Optimise
An effective EDM platform must deliver a broad range of capabilities that collect, process, analyse, and manage all commercial aspects of energy-related data. It also provides a powerful toolset for organisations seeking to optimise and balance their operations and positions across all asset classes.
Hansen EDM delivers crucial energy data management capabilities built on a single unified platform, leveraging a consolidated data repository to efficiently process time-series data from various energy assets and manage multiple contractual positions.
By delivering ready access to compelling features and functionality, Hansen EDM enables organisations to implement automated control of their operations, and it empowers organisations to meet the challenges of their increasingly diverse and distributed portfolios more efficiently. The deployment agility of a cloud-based platform reduces time-to-market and leverages a deterministic OPEX funding model.
Hansen EDM delivers timely access to new and advanced capabilities, is proven at scale, and provides confidence that matches market requirements. Conceived by a software solutions provider with a global reach and fifty years of industry expertise across multiple energy and regulatory environments, Hansen EDM innovates the energy data management market.