INTRODUCING EMPIRE
The exciting new auction and nomination platform from BritNed
Empire is the next-generation allocation and nomination platform we have developed to deliver the functionality, reliability, and flexibility that our customers deserve.
The platform enables our customers to purchase multiple different types of long and short-term capacity products, manage nominations, view a summary of their settlements and produce comprehensive reports from one single-window solution.
Drawing on over a decade of operational experience, Empire delivers unparalleled levels of performance and efficiency for interconnector trading, providing easier and unique trading possibilities.
Buy Now is an innovative and unique Dutch-style auction, enabling participants to instantly secure a predetermined amount of explicit Intraday capacity.
Developed by BritNed, and enabled by Empire, Buy Now is the first interconnector auction of its kind. Once the Buy Now offer is published, the price will automatically begin to decrease from the starting price in equal price steps, every 15 seconds.
Participants can acquire capacity before, during, and after the regular Intraday auctions, up to five minutes before the Nomination Gate closure.
Learn about the daily operation of BritNed in our unique and interactive experience.
FAQs
