Energy, Oil & Gas Magazine Issue 220 May 2024 | Page 75

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BritNed
With continuous investment and constant improvements , BritNed is sure to continue providing customers with great flexibility , convenience , and control . “ Thanks to the highly successful launch of Empire last year , we ’ re able to deliver innovative new products and updates to the market at pace ,” Stewart suggests . “ We take a customer-centric approach and continue to listen to what our customers need as the market changes and develops .
“ We recently launched the unique ‘ Buy Now ’ auction in early 2024 , for instance , which is the first Dutch-style interconnector auction of its kind , providing further flexibility and security by enabling participants to acquire capacity before , during , and after the regular Intraday auctions . Also , after a recent survey focusing on customer priorities , we ’ re excited to be the first UK interconnector to introduce a weekly auction .
“ We continually strive to maintain excellent service levels with our customers as we support both the UK and the Netherlands with security of supply and energy transition ,” Stewart concludes . “ I am proud to see our team develop innovative ideas and solutions that prioritize the needs of our customers in a landscape that is rapidly changing in the wake of the sustainable energy revolution . It ’ s an incredibly exciting time to be involved with energy as the evolution to a greener European energy system continues to gather pace with future developments including offshore hybrid assets . BritNed has been at the heart of connecting Europe for 13 years and will continue to be a vital part of the energy transition , delivering new trading possibilities and world class asset reliability .” ■
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