European market integration
The integration of the European energy market is taking shape. Each day, the various initiatives of Transmission System Operators (TSOs) and Power Exchanges (PX) are moving towards one Internal European Market. At this stage, the projects are becoming more intertwined. This leads to even more complexity in governing these cross-border and cross-organization projects.
Magnus Red has more than ten years experience in leading cross-border market integration and harmonization projects. One of these projects is the prominent CWE project. We also support market integration initiatives such as CORE, CEE, CMGB, and DAT. We work with 26 TSOs and power exchanges on a daily basis. Our role is to ensure that that common goals are met. Magnus Red takes on a neutral position in these projects. We consider the stakes of all parties involved, whilst creating coherence in projects and activities across Europe. We bring a truly unique seniority in managing to cross-border consortia.
Magnus Red’s team of experts has comprehensive know-how of the European electricity market and of TSOs in particular. We have in-depth knowledge of Capacity Calculation methods and processes (explicit and implicit, ATC and Flow-Based) as well as the IT software, hardware and infrastructure used by TSOs in the European environment. We have ample experience in methodological, financial, legal and regulatory topics, including market acceptance issues. We combine this know-how with our own business diplomacy approach: creating consensus and working towards commonly accepted solutions. This is how Magnus Red mitigates risks and steers projects towards success.
- CWE: consortium management for European market coupling
- JRC: five studies on electricity systems in Europe
Dutch energy market
Suppliers and Distribution System Operators (DSOs) are no longer the only significant players in the Dutch energy market. Many startups are entering the energy sector, introducing innovations that offer consumers a sense of convenience and sustainability.
Over the past ten years, Magnus Red has helped several energy companies to achieve their strategic goals. Our experts understand the challenges of this digital age and know how to retain and service clients via all new relevant communication channels. This is how we give our energy partners, both vested energy players and promising start-ups, a head start. Moreover, Magnus Red supports brand new initiatives through the Rockstart Smart Energy accelerator program.
- European energy company: digital customer service program
- Startup: professionalisation and acceleration
- Top 2 energy supplier: communication and change for integration
- European energy supplier: realisation synergy effects IT infrastructure
Contact Alexander van der Mark for more information.