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Development of a Real-time Energy Market Nomination Platform

supercharge.io

Energy & natural resources

Challenges with Legacy Nomination System

ElecLink's legacy nomination system was outdated and unable to effectively support the demands of a rapidly evolving energy market. The lack of real-time data, manual processes, and integration limitations hindered efficient trading, informed decision-making, and responsiveness to regulatory changes. The system's age also presented operational risks with potential downtime.

About the Client

ElecLink operates a high-voltage interconnector cable linking France and Great Britain, facilitating sustainable energy trading between the two countries.

Project Goals

Replace the existing legacy nomination platform with a modern, robust, and scalable solution.
Enable real-time nomination processing and trading.
Improve decision-making capabilities for market participants.
Facilitate seamless integration with external systems (TSOs, JAO, regulatory entities).
Ensure zero downtime during platform migration.
Maintain system adaptability to future regulatory and market changes.

System Functionality

Real-time nomination submission and validation.
Automated communication with Transmission System Operators (TSOs).
Integration with the Joint Allocation Office (JAO) for auction workflow.
Seamless exchange of transmission rights and curtailment information.
Capacity management automation based on TSO limitations.
Comprehensive reporting and analytics.
User access control and security measures.

Technology Stack

Microservice architecture

Cloud-based platform (e.g., AWS, Azure, GCP)

API-first design

Modern database technologies

Real-time data processing capabilities

External System Integrations

Transmission System Operators (TSOs)
Joint Allocation Office (JAO)
Regulatory Entities
ElecLink's Dispatch System

Non-Functional Requirements

High availability (24/7/365 operation)
Scalability to handle increasing data volumes and user traffic
Security to protect sensitive market data
Performance for real-time processing
Zero downtime during deployment and upgrades

Expected Business Impact

The new platform will significantly improve operational efficiency, reduce manual errors, enhance decision-making speed, and enable smoother cross-border energy trading. The platform's resilience and adaptability will ensure ElecLink remains competitive in the evolving energy market, contributing to greater stability and efficiency in the energy supply chain.