Energy Companies Want Basics in ETRM

Publication Date	February 2008
Publisher	IDC
Product Type	Report
Pages	7
ISBN Number	not applicable
Product Code	IDC03995

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£765.00
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Summary

This Energy Insights Perspective discusses the energy trading and risk management (ETRM) software market. After the collapse of Enron, the California energy crisis, and misreporting of gas prices, the market for software to support ETRM hit a low point. In the last two years, however, the market has picked up, driven largely by increased liquidity, an uptick in electronic trading, the introduction of new energy products and markets, and more intensive regulatory scrutiny. Energy companies are now actively considering ETRM applications to perform basic trading and risk functions: deal capture, risk management, credit risk management, scheduling/nominations, and settlement.

Content

In This Perspective
- What Energy Companies Look For in an ETRM Vendor
- Table: Criteria for Fit to Market
- Table: Criteria for Ownership Confidence
- Table: Integrations with the ETRM Application
  - Feature Functionality Is Still Important
  - Table: Feature Functionality Preferences - Oil and Gas Companies
  - Speed and Performance Have Improved
- Benefits and Costs
  - It Is Hard to Measure the Benefits
  - The Cost of ETRM Is Small Compared with the Cost of Enterprise Applications
- Best Practices Entail Business Process, Phased Implementation, and Partnership
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