Energy markets are evolving fast and becoming more complex, shaped by factors such as shifting supply chains, the spread of renewables and increasing globalisation. For energy firms with a portfolio of demand- and supply-side resources, managing the complexities of forecasting, contract management, operational optimisation and risk mitigation is increasingly challenging.
In the Energy50 rankings, Chartis considers the current energy market landscape and the new demands it places on energy trading and risk management (ETRM) software systems, modelling techniques and pricing systems, drilling down into different vendor offerings. This article looks at how ETRM, modelling and pricing tools are evolving, and shines a light on one particular firm that performed strongly in the rankings.