Transelectrica has completed the first investment with financing from the Modernization Fund
Transelectrica has completed the investment regarding the implementation of a metering and management system for electricity measurement data on the wholesale market to optimize the metering activity and align with the new requirements of the Electricity Measurement Code, the first component of the project financed from the Modernization Fund. A total non-repayable financing of over 88.8 million RON was obtained for the entire project.
Through the implementation of this project, the existing telemetry system for the wholesale market was replaced with a new metering and management system for electricity measurement data on the wholesale market, a system that will allow the acquisition of data from meters with an integration period of 1 minute, 15 minutes and 60 minutes.
As part of the investment regarding the implementation of a metering and management system for electricity measurement data on the wholesale market, a new IT platform, a backup system (Disaster Recovery), and remote metering subsystems were installed in 107 locations, namely high-voltage substations belonging to Transelectrica and third parties.
Currently, the second component of the project is underway, namely “Implementation of a Power Quality Monitoring System (PQMS), which includes: subsystems for monitoring electricity quality in electrical transformer substations, an IT platform and equipment for ensuring cybersecurity”.
The main objectives are to extend electricity quality monitoring to the entire electricity transmission network, maintain electricity quality according to the Performance Standard and reduce the time to complete this process.
The implementation period of the project financed from the Modernization Fund is until May 2027.