As in 2014, we again took an active part in the conference by giving a presentation. The GTS Summit is an international industry conference focusing on gas storage and gas transportation matters.
In his workshop titled “Short Term Capacity Markets: Consequences of Within-Day Processes for Organization and IT” Frank Sonne, the head of ECG's Transport division, illustrated the challenges transmission system operators, storage operators and traders face in connection with within-day capacity products, which must be introduced this year. While for transmission system operators implementation is a regulatory requirement they have to comply with, traders and storage operators are free to engage their creativity, to assess the added value the increase in flexibility could bring to their business, and to decide what products to offer.
The key to successfully implementing the within-day capacity regime lies in ensuring functioning IT systems and adjusting organisational structures for the new round-the-clock processes to run smoothly. We offer assistance to our customers in both of these fields. For instance, at ECG work is well underway to implement the within-day capacity marketing functionality in our software solution MTS TSO.
How well do your processes already meet the requirements of within-day capacity marketing?
Please feel free to contact us. We are always glad to provide advice.