Energy trading & risk management (ETRM) is
a type of software applications, tools and frameworks that support business
routes related to trading energy commodities. It enables data swap among
traders & retailers, generators or operations, contract, and accounting
functions. The ETRM system covers composite trading requirements of a slackened
energy market & helps market contributors to trade in the complete range of
contracts across the world. The system also entails inclusive risk management
strategies & policies, scheduling & settlement execution and event and
trade identification. It contains comprehensive risk management event, plan
& trade identification, settlement execution and scheduling transportation.
Moreover, ETRM solutions offer consulting services for price transparency,
market monitoring, and regulatory compliance. These can be employed to manage
the value chain of the energy business. These systems are established to
understand the authentic risks involved in the value chain and offer the best
options to conquer these risks.
According to study, “Global
Energy Trading & Risk Management (ETRM) Market, By Commodities (Power,
Natural Gas, Natural Gas Liquids, Coal) By Functional Types, By Vendor Types
& By Regions - Trends & Forecast - 2015-2020” the major
companies currently operating in the global energy trading & risk
management market are OpenLink Financial LLC, KYOS Energy Consulting, Eka
Software Solutions, ABB's Enterprise Software Product Group, Tigernix Triple
Point Technology, SunGard Financial Systems, The MathWorks Inc., Quantrisk
Corp., Open Access Technology International Inc., ComFIn Software GmbH, Allegro
Development Corporation, Brady plc, APLUS Energy, Pte Ltd., Likron, Murex,
Paragon Energy Software – An MCG Company, MCG Energy Solutions, Powel, Quorum
Business Solutions, Inc., ProCom GmbH, ComFin Software, Tech Mahindra,
Transition Technologies S.A., VisoTech, Unicorn Systems, Sinergetica Srl,
SoftSmiths, C Square International, Inc., Enuit LLC, Hivedome Ltd., Aspect Enterprise
Solutions Inc., Momentum3 LLC, Igloo Trading Solutions, IntStream Oy, InstaNext
Inc., Kisters, Blacklight Systems, Accenture, Amphora Inc., Ignite ETRM LLC,
SAP, Ventyx, Sapient, Calvus, Abacus Solutions Inc., Trayport. Key players in
the global market are focusing on introducing distinguished products like
Public private partnership (PPP) to retain a larger market share.
Based on commodities, global energy trading
& risk management market is segmented into power, natural gas liquids,
natural gas and coal etc. The major share of ETRM software is in power sectors,
followed by the oil & products and natural gas segments. Based on the
end-users, market is segmented into energy producers, large energy consumers,
energy suppliers, energy traders and others.
The global energy trading & risk
management market is primarily driven by the emergence of vertical markets,
followed by government regulations. Apart from the major benefits, some of the
restraints include lack of new market participants and energy renaissance.
Additionally, few of the new opportunities include alternative sources of
energy, increase in energy demand and emerging markets.
The North American region is the prime
consumption place, with an expenditure market share nearly 38% in 2016. The European
region is the second major consumption place with the consumption share of 31%.
In 2018, the revenue of global ETRM market was reached at US $1260 million and
it is expected that it will be reached at US $1,351.6 million, by 2020.
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