IP Systems

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.

History

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

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.

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.