The Engrate Settlement Management API provides a comprehensive solution for managing energy settlement processes across German and Dutch electricity markets. This RESTful API enables Balance Responsible Parties (BRPs), Virtual Power Plants (VPPs), and energy flexibility operators to automate their settlement workflows with Transmission System Operators (TSOs) Amprion, 50Hertz, TenneT, and TransnetBW in Germany and TenneT in The Netherlands.The service handles the complete settlement lifecycle after final schedule confirmation up to final financial settlement of the balance group. Built for the complexities of European energy markets, the API processes time series data in standardized local formats and rules, manages cross-border capacity settlements, and ensures compliance with market-specific regulations.You can integrate settlement operations directly into your energy management systems, reducing manual processes and operational risks while maintaining full audit trails. The platform supports internal settlements within scheduling areas, external between settlement areas as well as cross-border transactions, with real-time status updates and comprehensive error handling.Whether you’re managing renewable energy portfolios, operating flexibility assets, or coordinating multi-market trading strategies, the Settlement Management API provides the programmatic access needed to streamline your settlement operations in Europe’s evolving energy landscape.
1. Multi-Market Settlement Processing Handle settlements seamlessly across German and Dutch energy markets with market-specific business rules, validation logic, and TSO requirements. Support for both domestic (A02) and cross-border (A03, A06) transaction types with automatic format conversion between market standards.2. Automated Status Management Receive, process and create status reports from and to BIKOs, TSOs and DSOs with detailed reason codes, automated reconciliation workflows, and time series matching validation.3. Automate Standard Actions Handle standard scenarios with configuratble business rules, like confirm matching or reject non-matching time series automatically, based on absolute value or percentage based deviations.4. Time Series Data Management Process and validate 15-minute interval power values (PT15M resolution) with support for daylight saving transitions. Handle complete delivery day settlements with position-based period tracking (1-96/92/100 positions) and automatic MW unit conversion.
Expanding CoverageWe’re continuously adding support for more countries and TSOs across Europe to provide comprehensive coverage for the energy market. Our roadmap is driven by customer needs, so please reach out to let us know which markets and TSO integrations would be valuable for your business - we prioritize development based on customer demand.
