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Sentinel provides a comprehensive solution for businesses engaged in the delivery of balancing services in Great Britain. It includes applications designed to support interaction with Elexon and NGESO throughout the business cycle, ensuring BSC and Grid Code compliance in all aspects of your balancing services provision including the Balancing Mechanism and Ancillary Services.
Sentinel is the market leader for the key interfaces you need to participate in the BM. Regardless of whether you are a generator, supplier, aggregator or VLP we can tailor Sentinel to deliver the right level of automation for your portfolio.
BM settlement relies on data delivered to the Elexon central system from a number of sources, including National Grid. Sentinel BM Settlements can emulate the settlement calculations carried out by Elexon to provide you with early visibility of your settlement position, some 4 to 8 days ahead of the Interim Information run provided by Elexon. This synthesised view provides an estimate of BM cashflow and flags any issues regarding credit cover.
Once Elexon settlement flows are available, Sentinel Settlements enables you to track and reconcile variances for each successive settlement run from II to DF to ensure that these are addressed before your final BM settlement position is confirmed. Sentinel Settlements also allows the capture of Ancillary Services settlement data (for the Mandatory Frequency Response and Reactive Power services) published by National Grid providing a comprehensive view of your balancing services settlement position.
The Settlements application provides snapshots of data from different metering flows (OMS, FMS and CDCA) to aid the identification of variances so that these can be addressed. Difference reports are provided to ensure such variances can be easily identified and comprehensive backing data ensures that your settlement position is fully auditable and defensible.
PPA and Contract Settlement
Energy systems are evolving fast and with them the need for effective management and settlement of complex contracts is growing.
We have provided PPA and contract management solutions in different countries and markets for over 10 years and we have continually developed the capabilities of our Contract Management System (CMS) to meet the needs of a diverse range of energy market participants to deliver secure, scalable solutions tailored to reflect each contract precisely.
CMS provides a tried and tested framework for configuring complex settlement calculations and processes that reflect specific PPAs, O&M contracts and other bilateral or multi-party contracts, automating their operating and settlement processes.
As traditional market boundaries are blurred by the growth of demand response, aggregation, peer to peer arrangements and the wider adoption of renewables, storage and VPPs, our energy market experience and track record in the delivery of contract and PPA management solutions means we are uniquely placed to support you through the design, delivery and operation of your system.
CMS supports a range of industry standard interface protocols making it open to integration with many plant control and metering systems, third party data services including weather, market pricing, ETRM, ERP and accounting systems. This openness enables CMS to acquire and organise large volumes of time series data via a structured, scalable data dictionary, making it available to the embedded calculation engine to power bespoke algorithms that reflect the terms of your contracts.
All services that make up the API are documented online using Swagger, a resource that facilitates rapid development of the counterparts to the API that you wish to use. Available as read only and read-write versions, the Sentinel API provides a mechanism for embedding Sentinel and SOLV applications within your existing IT landscape to deliver process efficiencies and reliable results.
In addition to the Sentinel API, we have extensive experience of integrating to legacy systems and plant controllers via a range of options including OPC, Modbus and shared databases. Should you wish to use any of these technologies, we can engage with you to develop the required services.