Corporate presentation

eSett provides imbalance settlement services to participants of electricity markets in Finland, Norway and Sweden.

Formed and jointly owned by the three Nordic Transmission

System Operators (TSO):

Headquartered in Finland and founded in 2013

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).

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.

NORDIC IMBALANCESETTLEMENT

Operational responsibility for imbalance settlement and invoicing

The handover of the settlement business to eSett will take place in 2016

Supported by the governments and regulators in the Nordic countries

Important step towards a fully functional common Nordic retail market

OUR MISSION?

To provide harmonized operational preconditions for imbalance settlement in Finland, Norway and Sweden

COMMISSIONING PLAN

Guideline for market participants for the handover of settlement business to eSett

Includes contingency plans, description of fall back options, training plans, communication plans, checklists prior to Go-Live for all parties

HANDBOOK

Provides a comprehensive overview to the Nordic Imbalance Settlement Model from the market participant’s perspective

Collects information on rules, regulation and standards

ONLINE SERVICE

eSett’s main communication tool and primary interface to stakeholders

Includes settlement information from the imbalance settlement IT system

Will also provide functionality for update of structure information and upload of settlement data

INFORMATION SERVICE

System-to-system connection between the market participant and eSett

Gives market participants the possibility to retrieve settlement data

Established as a web service, which provides the possibility for data requesting and transfer but also capabilities for information security

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.

Thank youwww.esett.com