Contigo supplies enTrader to Barking PowerCase Study, 30/Mar/2012 - James Weavin
Contigo provided a new, state of the art, energy trading and risk management software solution for Barking Power to replace its existing legacy system.
Barking Power is one of the largest independently-owned generating plants in the UK, capable of generating 1,000MW of electricity - about two per cent of the peak electricity demand in England and Wales.
Barking Power’s 15 year Power Purchase Agreement (PPA) expired in 2010, initiating a complete review of the station’s trading regime. This in turn led to a sea change in its operation, which resulted in a need to adapt, replace or supplement its existing energy trading system.
Contigo was then able to present enTrader as a complete energy trading and risk management solution. Seeing the product as an easy to implement, cost effective solution was vital in the selection process as was enTrader's ability to handle large quantities of data.
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