Organized daily market

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XMtrade®/ISOT platform upgrade successfully implemented
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Renewable Energy for the Creation of a Balanced Ecological Carbon Agenda (REBECCA)
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7/13/2009

The portal www.isot.sk of information system XMtrade^®/ISOT supporting processes of organized day ahead electricity market in Slovakia has started on 30/6/2009.

Information system, designed by our company, was delivered to Slovenská elektrizačná prenosová sústava, a.s., which is the electricity market organizer in Slovakia. Participants of electricity daily market can offer or request electricity and the system will provide automated matching and optimization of final price of daily contracts. Organized daily market provides possibility to decrease spending on deviation between scheduled and real electricity consumption.

Information system XMtrade^®/ISOT V3.4 will support connection of daily markets in SR and CR by market coupling from the September 1, 2009. The orders from both Czech and Slovak trade areas will be matched together, thus increasing the liquidity of both daily electricity markets. Our company cooperates in the project of market coupling with customer, SEPS, a.s., as well as market operator in CR, Operátor trhu s elektřinou, a.s., and its suppliers, Logica Czech Republic, s.r.o., and INDRA Czech Republic, s.r.o.

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