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TED - Tenders Electronic Daily (Publications Office of the EU) verified 1 day ago Contract award

Finland - Software package and information systems - Transmission System Operator Electricity Market Management IT System for Balancing

Awarded Finland Software & IT systems

Buyer Fingrid Oyj

€5.2M awarded value · €5,166,896

Key facts

Awarded
Procedure
Negotiated procedure
  1. Awarded
  2. Published
  3. Contract ends September 2030
View the official notice Watch this tender

This contract runs about 60 months, so it is back on the market around September 2030. Log in

Awarded to

Unicorn Systems a.s.

Awarded value
€5,166,896
Award date
Record with this buyer
1 first contract from this buyer in the register
Back on the market
Sep 2030 How we know

When this contract comes back

This contract runs about 60 months, so it is back on the market around September 2030.

Every contract expiring, on the radar

Description

The procurement object is the Finnish Transmission System Operator Fingrid's Market Management System for Balancing. The system is used for managing several different electricity reserve market products as well as balancing and managing transfer capacity. Further details of the system to be procured can be found in the Procurement Object document attached. The product will operate the following markets: - Fast Frequency Reserve (FFR) - Frequency Containment Reserve for Disturbances (FCR-D) - Frequency Containment Reserve for Normal operation (FCR-N) - Automatic Frequency Restoration Reserve (aFRR) - manual Frequency Restoration Reserves (mFRR) Some of the markets are primarily operated in joint Nordic or European market places. For these, the procured system acts as a national fallback system. The system will handle standard market functionality such as bid submission, bid processing, bid selection and market clearing. Fingrid utilizes the products in the markets for balancing and transmission management activities. The procured system serves a significant portion of the Fingrid's balancing process functionality. This includes for example calculating the energy activation need as well as determining the required energy bid selections. Also determining the cross-zonal capacity for Day-ahead, Intraday and mFRR is a part of the system's functionality. Transmission management in the procured system consists mainly of control scheduling of the interconnector links as well as transmission line fault handling. It also includes transmission management within the price area for handling congestions. The system will be installed locally on Fingrid's IT premises. As it is a business critical solution, there will be heavy technical requirements for security and architecture.

Official source

Source: TED - Tenders Electronic Daily (Publications Office of the EU)

Always verify details on the official notice.

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Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 1 day ago

View the official notice

What this market pays

The buyer has too few awards of its own in this sector, so this is the range of the last 191 awards for Software & IT systems in Finland.

This award
€5.2M
Median award
€520,639
Middle half of past awards
€261,493 to €1.4M

The award is larger than three in four past awards.

Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.

The buyer

Full buyer profile

Fingrid Oyj

Finland

notices in the register
89
awards
47
awarded in total
€417.4M

One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.

Awards most often to

  1. LEONHARD WEISS OÜ 3 awards €110.2M
  2. Caverion Suomi Oy 3 awards €50.7M
  3. Enersense PN Oy 3 awards €35.8M

39 open tenders right now

Market context

open now in Software & IT systems
3,152
median open notice
€531,444

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