Our Team Delivers Hydrogen Mechanism for EU Energy and Raw Materials Platform

Yesterday, the European Commission officially launched the first mechanism within the new platform for trading selected commodities in the EU – the Modular IT Platform (MIP).

Our company, SFÉRA, a.s., was entrusted with the development of this innovative platform, which, within the consortium formed by PwC EU Services EESV (represented by PricewaterhouseCoopers Advisory, s.r.o.), succeeded in the public tender announced by the European Commission’s Directorate-General for Energy (DG ENER).

The MIP online platform is a strategic tool to support the competitiveness and decarbonization of European industry and will also contribute to Europe’s energy security. It is designed for three areas – in addition to the already launched hydrogen mechanism, it will also include a mechanism for strategic raw materials and a mechanism for energy products such as natural gas and biomethane.

Our hydrogen mechanism software solution will enable the European market to register and match supply and demand for renewable and low-carbon hydrogen and its derivatives, such as ammonia, methanol and electro-sustainable aviation fuel (eSAF). This mechanism will provide the industry with a strategic tool for efficient demand aggregation, joint purchasing and support for the development of the hydrogen market across the EU.

For our company, the launch of the first part of the MIP system into production represents a significant milestone and confirmation of our competence in the development of strategic European IT solutions, as well as a significant reference that demonstrates our ability to support the transformation of the European energy market.

More information about the launch of the first MIP mechanism is available on the official website of the European Commission.