Unicorn Systems Deploys New Platform Version for EirGrid Group
Unicorn Systems has deployed a new version of the AMP (Auction Management Platform) with advanced features for EirGrid Group, the Irish transmission system operator.
The project goal was to modify the Damas trading system for explicit auctions, deployed by Unicorn Systems at EirGrid in 2011. Unicorn Systems bears the responsibility for development, support, and maintenance of this trading system.
Damas facilitates electricity transmission capacity trading on Moyle and East-West Interconnector high-voltage submarine power lines, connecting the island of Ireland with Great Britain. Moyle Interconnector offers the transmission capacity of 450MW and EWIC the capacity of 530MW.
The new modification fully reflects the specifics of the all-island Single Electricity Market, as well as the customer’s needs. Among other things, it provides more flexible submission of trades between partner transmission system operators (TSOs) and faster data interchange. Thus, the new modification offers higher efficiency.
“I am glad Unicorn Systems finished the project on the schedule agreed and further confirmed its unique position in Western Europe, as the current leading operator of trading systems for submarine power lines,”
commented Jan Konrád, International Services Director, Unicorn Systems, on deployment of the new platform version.
“Deployment of the new platform version has optimised submitting of trading transactions, which assist in making the electricity trading process easier for market participants, and contributing to closer integration of the Single Electricity Market with that of the EU,”
said Robin McCormick, EirGrid Group’s Executive Director for the Single Electricity Market Operator (SEMO) and System Operator for Northern Ireland (SONI).
About Unicorn Systems
Unicorn Systems is a renowned European company providing the largest information systems and solutions in the area of information and communication technologies. We have focused on providing high added value and a competitive edge to our clients for many years.
We have been operating on the market since 1990 and since then we have created a series of high-end large-scale solutions that are extended and used among the most important companies in a variety of sectors. We have the best references from the banking, insurance, telecommunications, energy, industry, commerce and public sectors.
Our customers are not only the largest companies but also market leaders. We have detailed knowledge of the entire spectrum of all business sectors. We understand the principles of their operation as well as comprehend the specific needs of our customers.
Our extensive team of systematically educated experts perfectly masters all current product lines, components, technology, and therefore we have essentially no technological restrictions. Even though we enforce a lot of revolutionary ideas in our work, the overall delivery of proven solutions are subject to fundamental criteria – quality, scope, term and budget.
About EirGrid Group
EirGrid plc is a leading Irish energy business, dedicated to the provision of transmission and market services for the benefit of electricity consumers. It is a state-owned commercial company.
EirGrid is committed to delivering high quality services to all customers, including generators, suppliers and consumers across the high voltage electricity system and via the efficient operation of the wholesale power market. It puts in place the grid infrastructure needed to support competition in energy, to promote economic growth, to facilitate more renewable energy, and to provide essential services.
EirGrid holds licences as independent electricity Transmission System Operator (TSO) and Market Operator (MO) in the wholesale trading system in Ireland, and is the owner of the System Operator Northern Ireland (SONI Ltd), the licenced TSO and market operator in Northern Ireland. The Single Electricity Market Operator (SEMO) is part of the EirGrid Group, and operates the Single Electricity Market on the island of Ireland. It owns and operates the East West Interconnector.
Source: Unicorn Systems
