Development of a Modern, Resilient Nomination and Market Data Platform for Cross-Border Energy Trading

The client operates a high-capacity interconnector managing complex cross-border energy flows. Their existing legacy nomination platform is outdated, leading to increased operational risks, manual inefficiencies, inability to adapt quickly to regulatory or market changes, and difficulty integrating with multiple external market participants and control systems, which hampers real-time decision making and trading efficiency.

A large-scale energy interconnection operator responsible for managing cross-border electricity transfers, seeking to modernize their nomination and trading systems to enhance operational reliability and market responsiveness.

• Replace outdated legacy nomination system with a robust, scalable, web-based platform supporting real-time management of interconnector nominations.
• Ensure zero operational downtime during transition and continuous system availability post-deployment.
• Enable full API integration with external entities such as transmission system operators, regulatory agencies, and market platforms.
• Support automated data exchange, including transmission rights, capacity management, and curtailment information, to reduce manual intervention and error rates.
• Design the system with flexibility for quick adaptation to regulatory and industry changes, ensuring future-proof operations.
• Improve decision-making processes for traders through consolidated real-time data, optimizing cross-border trading efficiency.

• A microservice architecture supporting scalability and rapid deployment of new features.
• Full cloud management for seamless updates, high availability, and regional failover capabilities.
• Integration with external systems such as transmission system operators, regulatory bodies, and internal dispatch systems via APIs.
• Automated management of interconnector capacity and transmission rights based on external inputs and operational data.
• Automated exchanges of curtailment and capacity information with external entities.
• Real-time consolidated dashboard providing comprehensive market data and operational insights.
• Secure user access controls and data protection measures ensuring compliance and confidentiality.
• Built-in flexibility to enable rapid integration of regulatory updates or new functionalities.

• Transmission System Operators for capacity and operational data
• Regulatory entities for compliance data and reporting
• Market participants for trading and nomination data
• Internal dispatch and control systems

• System availability: 99.99% uptime with zero downtime deployments
• Scalability: Ability to handle high-volume, real-time data traffic
• Security: Strong encryption, user authentication, and data protection measures
• Performance: Fast response times suitable for real-time trading decisions
• Compliance: Adherence to relevant industry and regulatory standards

By implementing a modern, resilient nomination platform, the client is expected to achieve near-100% operational availability, significantly reduce manual processing errors, enhance decision-making capabilities with real-time data, and expedite cross-border energy trading processes. This transformation will position the client as a future-ready leader in interconnection management, supporting growth and increased market participation.