Balancing Market in DAMAS Is in Live Operation in Transelectrica

Unicorn Systems has finished the Damas deployment for Romanian Transmission System Operator, Transelectrica.

Damas now supports, besides the cross-border trading, the evidence of bilateral trades in Romania, transparent purchase of ancillary services and balancing energy on the balancing market. Damas also provides an evaluation of imbalances and transaction clearing and settlement in the whole electricity market. The complete transition to operation was now successfully completed.

“It was crucial for us to succeed in this more than 2 mil EUR project as it brought the extent of Damas operation farther to the East. We are convinced that our services will satisfy all requirements of Transelectrica’s users and partners,” added Jiří Mráz, Managing Director of Unicorn Systems.

Damas system replaced a number of disparate legacy applications. It significantly contributes to greater stability and efficiency of the Romanian electricity market and transmission system. It provides hundreds of reports to better inform energy market participants and the regulator, and it is also fully compliant with local legislation as well as EU legislation.

Costel Buscoveanu, Project Director in Transelectrica said: “It is our ambition to provide our customers the best professional services as well as meet all the legislative and regulatory requirements. Damas is a user-friendly system that fully meets these objectives.”

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 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 banking, insurance, telecommunications, energy, industry, commerce and public sectors. Our customers are not only the largest companies but also market leaders. We have a 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.
More press releases published by Unicorn Systems are available here: www.unicornsystems.eu.

About Transelectrica SA

Transelectrica is the Romanian Transmission System Operator (TSO) who plays a key role on the Romanian electricity market.
Manages and operates the electricity transmission system and provides the electricity exchanges between the central and eastern European countries as an ENTSO-E member (European Network of Transmission System Operators for Electricity).

Transelectrica is responsible for electricity transmission, system and market operation, grid and market infrastructure development ensuring the security of the Romanian power system. It also serves as the main link between electricity supply and demand, matching all the times power generation with demand.

Source: Unicorn Systems
 
 

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