SUPPORTING R&D CAPACITIES IN THE FIELD OF GENERATING ADVANCED SOFTWARE TOOLS DESIGNED TO INCREASE THE RESILIENCE OF ECONOMIC OPERATORS TO EXCESSIVE VOLATILITY IN THE ENERGY COMMODITIES MARKET
Project title:
Supporting R&D capacities in the field of generating advanced software tools designed to increase the resilience of economic operators to excessive volatility in the energy commodities market
Project designation in ITMS2014+:
313011BUK9
Provider:
Ministry of Transport and Construction of the Slovak Republic
Operational program:
311000 – Operational program integrated infrastructure.
Priority axis:
313010 – Support of research, development and innovations (ex Po1 OPVaI)
Goal:
313010031 – 1.1.3 Increasing of the research activity through improvement of coordination
Project description
Through research and development activities to propose, analyze, test, verify the solutions demanded within the framework of the volatility issues in the energy commodities market, all based on knowledge leading to the selection of risk indicators that are present within the given energy trading processes in the market. Through standard scientific, research and development and engineering practices of the applicant and the partner, to create a basic software framework that can contribute in a tangible way to the management of the risks present in the processes associated with the provision of the energy commodities in demand on the market, while eliminating the negative elements of the manifested price volatility of the market.
Name and residency of the receiver
University of Žilina, Univerzitná 8215/1, 010 26 Žilina
Partner:
IPESOFT, spol. s r.o. Bytčická 2, 01001 Žilina
Execution period:
05/2022 – 11/2023
Non-refundable grant:
1 497 852,74 €
The place of project implementation within the eligible territory of the Operational program:
Žilina
Attachments:
Zborník Entris (pdf, 4 MB)