Under the five year contract, LogicaCMG, together with subcontractor Soluziona, will implement and operate the information technology for the national emissions registry from its data centre in Prague.
The emissions market will be supervised by the Czech environmental ministry, making the Czech electricity market operator (OTE), of which LogicaCMG is a partner, responsible for the infrastructure of this market.
Market participants will be able to access the LogicaCMG solution through the Internet. This solution will cover functions such as allowance registration, transactions registration and settlement and approval workflow, as well as communication with other European systems.
All other EU member states will require similar solutions to set up and operate their national registries. Additional registries will be needed outside the EU, as the Kyoto Protocol is due to come into force in February this year.
Petr Hubl, managing director, industry and utilities at LogicaCMG in the Czech Republic, stated: I am fully convinced that this project will be as successful as the implementation of the core electricity market system which LogicaCMG built for OTE.
Completion of the implementation phase has a deadline of the March 1.
