Ferranti helps Large Belgian Energy Supplier with Grid Fee Settlement Process
SPE has chosen for MECOMS for Dynamics AX
Antwerp, December 2007 – System integrator Ferranti will install MECOMS for DynamicsTM AX at SPE to support the grid fee settlement process.
SPE is the second largest player in the Belgian energy market, with a turnover of approximately 2 billion euros, and is in the Top 30 of the largest Belgian companies. SPE produces electricity at 19 power plants in Flanders and Wallonia. SPE-Luminus has more than 1.5 million customer accounts, both householders and companies and approximately 1000 employees. SPE supplies householders and companies with gas and electricity under the brand name Luminus.
The Grid Fee is a fee which in the Belgian liberalized energy market model is billed by the DGO (Distribution Grid Operator) to the Supplier(s) for the usage of the distribution grid. It is based on consumption data. The process of reconciling these invoices with the validated consumption data is often not supported by the Backoffice systems in place. Suboptimal systems and workarounds take a lot of time and often lead to errors and related rectification processes. This is why SPE has chosen for MECOMS for DynamicsTM AX to support this process.
MECOMS “Read-Process” stores all invoice-, consumption- and master data (including tariffs) using its market-compliant messaging system. The “Treat-Process” then starts validating and checking on correctness and completeness of these data and will start the reconciliation. Also, for B2B customers where more complex algorithms apply, MECOMS validates the full cycle before passing this information to the billing system. This validation takes place before billing of the customer takes place.
In the end, the reconciliation and settlement process is performed in a much shorter cycle with fewer errors. Also, MECOMS’ built-in flexibility will allow SPE to faster respond to changing market conditions due to regulation or other related to grid fee.
www.spe.be
www.luminus.be