04 Apr 2018
As reported previously, Bridgeall played a key role in the successful launch of the deregulated Open Market for commercial water in England which came into effect on 1 April last year (see Bridgeall’s Deep Water Knowledge Delivers Certainty for English Water).
Working closely with CGI, we successfully launched the Central Market Operating System (CMOS), the system underpinning what is now the world’s largest competitive water market.
CMOS sits at the heart of the new market. It enables customers to switch between suppliers and acts as a central market transaction and settlement system, calculating usage charges between wholesalers and retailers, enabling retailers to charge customers and wholesalers to recover their regulatory income in a market expected to generate revenues of £2.4 billion per annum.
Bridgeall was responsible for developing the settlements sub-system underpinning CMOS.