An Introduction to EGSSIS

While we track over 100 vendors in the CTRM and related space, we still frequently happen upon other vendors. Recently, for example, we heard of EGSSIS and saw its stand at E-World. EGSSIS has actually been around since 2008 delivering solutions for market access, communication and dispatching and now has over 30 customers including shippers, traders and industrials. Based in Belgium, EGSSIS provides solutions in both gas and power markets in Europe. On the gas side, it is active with nominations, balancing, capacity bookings and trading while on the power side, it is involved in market communications towards the TSO. I had the opportunity to talk with Jean-Pierre van de Loo of EGSSIS recently to find out more about the business. It provides egssPort Gas and egssPort Power software to deliver market access services along with Cosmos for market communication in gas and power. Interestingly, it both offers the software (as SaaS) and provides operational service utilizing that software for customers. Here, it can perform services such as nomination and balancing of gas and power grids, including handling of gas storages and LNG terminals, capacity bookings across Europe. For example, using the gas capacity trading platform PRISMA, hub trading based… continue reading
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