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IP Systems

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IP Systems Ltd. is a consultancy and IT company specialized for the liberalized European energy market. Its applications support the whole energy trading process, including forecasting, nomination, allocation and accounting.

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History

IP Systems were set up in 2008. In 2011, the company started its international growth.[1]

International participation

  • Gas Balancing-IP was introduced in 2012 on the 4th Energy Trading Week was recommended for the use on regional level, furthermore in a unique way besides FGSZ Natural Gas Transmission Closed Company Limited, IP Systems were also invited by ENTSOG to the working group to help developing the European natural gas balancing model.[2]

Awards and appreciations

  • Gas Balancing-IP won the ’ICT project of the year’ award of the IVSZ ICT Association of Hungary and National Innovation Office in 2012.[3]

References

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