Brady Energy To Market Settlement For Brookfield Renewable Ireland

Brookfield Renewable Ireland has chosen Brady Energy to supply its Irish business with an overall market settlement process system solution.

Brookfield Renewable Ireland manages one of the largest renewable energy portfolios in Ireland.

Its business comprises of 450 MW of operating wind capacity across 19 wind projects in eight counties across Ireland and Northern Ireland, as well as a development pipeline of 200 MW.

Brady Energy Settlement Manager will provide a solution to support the overall market settlement processes in the wholesale physical power market of Ireland.


Brady settlement customers benefit from the automation of the settlement work processes that would otherwise be highly time-consuming, including the ability to settle the following product categories, amongst others:

• Spot contracts

• Balancing market trade

• Ancillary services

• Market imbalance

• Market administration fees

• Grid administration fees

Gavin Lavelle, CEO of Brady, said: "Brady has substantial in depth expertise in implementing Settlement Market Rules, offering full traceability of calculations and auditability of all operations and I am confident that our modern and robust web framework will meet Brookfield's requirements for its current settlement objectives, as well as offer the scalability to meet its future expansion plans."

(CD/MH)