Brady plc (BRY.L), the leading supplier of trading and risk management solutions for metals, recycling, energy and soft commodities, announced today that EirGrid plc (TSO) has successfully commissioned a single Brady Central Dispatch solution to underpin its core role in controlling the generation of electricity to meet national demand in both the Republic of Ireland and Northern Ireland.
Brady’s Central Dispatch solution is a strategic business system for transacting real time dispatch instructions and declarations of operational capability with Centrally Dispatched Generating Units and Interconnectors in the Irish electricity market. This essential 24/7 activity is required to maintain the moment by moment balance of energy production and consumption and incorporates coordination of both the Moyle and East West Interconnectors.
Historically, EirGrid plc used two separate Brady Energy solutions tailored to the particular business processes at its EirGrid and SONI subsidiaries. EirGrid plc however identified a single shared solution as a key requirement in its progress towards fully integrated business processes. The Brady solution facilitates both jurisdictional and pan Island dispatch which allows EirGrid plc to transition from the existing separate activities to integrated processes within a single solution, with the additional benefit of being able to consolidate interaction with other core business functions such as near time planning and downstream energy and ancillary market settlement, further supporting EirGrid plc’s strategic consolidation objective.
Mr Fintan Slye, Managing Director of EirGrid plc, who has been a key sponsor of the solution requirements, commented: “It is essential that we have a world-class technology infrastructure to meet our business requirements. The Brady Central Dispatch solution is an enterprise-level solution, which fully complies with the security and reliability demands of a TSO, which is in use 24 hours a day, facilitating an uninterrupted operation of the grid. We are delighted to have a single integrated solution that fully meets our stringent requirements, with upgraded security levels, whilst being able to benefit from the experience of the Brady team that is fully versant with our business requirements”.
Gavin Lavelle, CEO of Brady plc commented “At Brady we are constantly in tune with the key business drivers in our markets in order to anticipate customer requirements. It is this close involvement with both the market and our customers that enable us to respond in a timely manner to offer solutions that are tailored to market needs.” Continuing, he said: “We recognise the mission critical relevance of our solutions to organisations such as EirGrid and consequently the need to work in partnership to deliver a secure and reliable solution, providing greater operating efficiency and a solid basis for growth. We are delighted at the trust shown in Brady by EirGrid and we are committed to continuing to strengthen our customer partnerships to ensure that they can meet the challenges of the ever-changing market environment."