ElectraLink launches data requirement to simplify the energy marketSeptember 30, 2020
ElectraLink is delighted to announce that today we are launching the Single Energy Market Data Catalogue (SEMDC) – the GB energy market’s first combined, free to use electricity and gas data catalogue. The SEMDC is a solution to reduce complexity in the currently overcomplex energy market.
Market participants will benefit from a one-stop shop for data requirements on one website. Here you can access a range of simplified items, such as data flow obligations, code obligations, and data interface documents, all in digital formats. This will reduce overhead and make navigating the energy market even easier.
The SEMDC will be particularly valuable for new market entrants with simpler, clearer explanations of license obligations and how to meet them through the complex code governance landscape.
“The energy market is extremely complex resulting in high overhead costs and making it difficult for new and established market participants to navigate the market’s essential requirements. A single data catalogue for the market with all requirements and documentation digitalised and simplified will make the market more accessible for new entrants and untangle the highly technical requirements that Ofgem recognises currently prevents many new players from entering the market,” said Rosella Jones, ElectraLink’s Head of Data Integration Services.
ElectraLink is continually striving to make improvements to the services it offers it offers the market, and this represents the latest innovation we have brought to the market. This new service will bring value to the whole energy market but is free to use and accessible to all through the ElectraLink website, just visit the SEMDC page on our website to see what is included in the SEMDC.
Combined with recent updates rolled out on FlowBuilder, announced earlier this month, the SEMDC will support market change and innovation, and aligns with Ofgem’s works to deliver digitalisation across the energy market.
For further information on the SEMDC, contact firstname.lastname@example.org.