SC :FAST Balancing and recall system

Efficient IT infrastructure for procurement and trade

To ensure grid stability, TSOs carry out numerous transactions with different business partners, for example, to procure ancillary services or resolve technical restrictions. To this end, they manage their own balance group and act in the market as energy traders. This means that they have to manage all relevant trading business processes, for example, send trade confirmations, dispatch and manage schedules as well as operate accounting systems.

With FAST, SOPTIM Connect offers an IT solution which supports all the central business processes such as

  • Redispatch
  • Procurement of emergency reserve
  • Procurement of ancillary services
  • OTC transactions
  • Transit transactions (single trades and day trades)
  • Exchange trades (day-ahead and intraday).

Also subsequent tasks such as transaction confirmation, schedule calculation or invoice preparation can be integrated.

As business processes at the TSO site are very different, FAST provides an extremely high degree of flexibility in configuration: For example, for redispatch measures power plant informations must be modeled and managed, trading must transfer deals into schedules and dispatch them, for the procurement of tertiary control energy, a reliably and secure communication with MOLS must be ensured.

Due to this high flexibility, FAST is ideally suited to replace existing applications based on Excel or Access and can be gradually integrated into a central, revision-safe and multi-client solution. The range of functionalities can be easily and quickly expanded.

In addition, FAST offers comfortable monitoring features with clear displays for the process status or statistics. Users can even create new business processes, extend the solution or improve existing processes on their own. A central, fail-safe database ensures the availability of data and enables smooth operation.

FAST is already experiencing a high acceptance from two TSOs as an efficient and proven IT system.

Your contact Andreas Gergs What can I do for you?
+49 241 400 230

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