Development of a Real-Time Cross-Border Energy Nominations Platform

The client faces outdated legacy systems that hinder real-time decision making, integration complexities with external entities like Transmission System Operators (TSOs), and manual processes leading to errors, delays, and reduced operational efficiency in cross-border electricity trading. As the energy market rapidly evolves, the need for a modern, scalable, and flexible nomination platform has become critical to maintain competitiveness and compliance.

A large, multinational energy transmission company operating high-voltage interconnectors between countries, requiring a modern platform to manage energy nominations, automate capacity management, and facilitate cross-border trading.

• Replace the existing legacy nomination system with a modern, robust, web-based platform ensuring zero operational downtime during transition.
• Enable real-time management of nominations and capacity allocation with automated data exchange with external entities such as TSOs and regulatory bodies.
• Support extensive API integrations for seamless data flow and decision support from multiple third-party systems.
• Incorporate a microservice-based architecture for flexibility, scalability, and ease of maintenance.
• Design the system with built-in adaptability to accommodate regulatory changes and evolving market demands.
• Deliver increased operational efficiency, faster decision-making, and reduced manual errors, aiming for significant improvements in trading velocity and accuracy.

• Web-based interface for real-time nomination management accessible to traders and operations teams.
• Integration with external TSOs, regulatory agencies, and internal dispatch systems via APIs.
• Automation of interconnector capacity allocation, including capacity restrictions and curtailments, based on external inputs.
• Seamless exchange of transmission rights, capacity limits, and curtailment information with third-party systems like joint allocation offices.
• Microservice architecture supporting flexible customization, rapid scaling, and continuous deployment.
• Cloud management with capabilities for zero downtime rolling updates, regional failover, and high availability.
• Built-in flexibility to quickly adapt to new regulatory requirements and market changes.

• Transmission System Operator (TSO) communication interfaces
• Regulatory data exchange platforms
• Third-party dispatch and market data systems
• Joint Allocation Office (JAO) systems for trading and capacity management

• System availability of 99.99% with zero operational downtime during updates
• Real-time data processing with latency under 1 second for nomination updates
• Scalable architecture to accommodate increasing market participants and data volume
• Secure data handling meeting industry regulations and standards
• Flexibility for rapid incorporation of new functions and regulatory changes

The new nomination platform is projected to significantly enhance operational efficiency, reduce manual errors, and support real-time decision-making, enabling the client to better meet market demands and regulatory requirements. Anticipated improvements include a reduction in process lead times, increased trading volume, and improved system reliability, ultimately strengthening market competitiveness and customer confidence.