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Managing the European Energy Equation

Power and gas markets in the European Union are undergoing a period of substantial change due to political intervention, expansion of market reach, and uncertain supply and demand dynamics. Power and gas companies now require advanced technology to overcome challenges that threaten to remove unprepared participants from the market.

Legacy systems that have remained unchanged over the past five years, or have only had minor maintenance-related updates, will struggle to support the minimum requirements for power and gas market participants. These outdated applications will ultimately fail. Regulators have made it clear to companies that placing blame on a susceptible system will not be an acceptable defence to elude severe penalties for non-compliance. The intricacies of today’s market therefore mandate a complete overhaul of processes and technology to survive.

Download the White Paper here