Unicorn Systems Provides Technological Management for Electricity Trading in the Balkans

The SEE CAO auction office, which enables cross-border power capacity trading in most Balkan countries, has expanded its trading to include the border between Greece and Turkey.

This step directly affects the supply of electricity for 86 million people. The electricity trading is carried out through Damas, an information system developed by a Czech Republic-based software house, Unicorn Systems.

SEE CAO holds yearly, monthly, and daily auctions with participation of more than a hundred electricity traders. Transmission capacity auctions are an established, proven instrument used to maximise the social utility of limited resources, and cross-border transmission capacity certainly is such a resource (especially in the Balkans).

SEE CAO’s auction rules comply with the EU’s legislative regulations governing access to grids and cross-border power exchanges. In this, SEE CAO is a demonstration and a proof of the convergence of Balkan countries with the European Union and its legislative frameworks.

After nearly two years in the market, the auction office ensures the purchase and sale of electricity capacities for five borders: between Croatia and Bosnia and Herzegovina, between Bosnia and Herzegovina and Montenegro, between Montenegro and Albania, between Albania and Greece, and between Greece and Turkey. And it intends to cover additional regions before the end of the year.

The business process is fully covered by the Damas information system developed by Unicorn, a software house based in the Czech Republic. A recognised international industry authority, the company specialises in the information technology for energy trading. Unicorn also provides service support and future upgrading of the system.

“We enjoy working on technologically challenging projects which have a great social impact,”

said Jan Konrád, International Services Director, Unicorn Systems.

About SEE CAO

The auction office SEE CAO has been founded in 2014. The purpose of both SEE CAO and transmission capacity auctions is not business profit, but rather the maximisation of social utility of limited resources and the capacity of cross-border electricity transmission lines certainly is such a resource. SEE CAO is owned by national operators of transmission systems, coming mostly from countries formed after the breakup of former Yugoslavia.

In this politically sensitive region, the emergence of a joint venture with common rules and equal access is a rare phenomenon, an achievement, and a sign of tentative convergence of separate countries and nations.

In technical process terms, SEE CAO holds explicit auctions of transmission capacity for very high voltage cross-border power lines. Calculations of available capacity are based on the NTC method.

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 a 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 companies in banking, insurance, energy and utilities, communication and media, manufacturing, trade and the government.

Our customers are not only the largest companies but also market leaders. We have 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.

Source: Unicorn Systems
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