Energy Trading and Risk Management (ETRM) System
Crown Commercial Service · £1,300,000 · closes 10 Dec 2024
£1,300,000
Estimated value
Closed
Deadline
11 Nov 2024
Published
Awarded
Awarded 6 October 2025
This tender has closed.
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About this contract
The Energy Trading and Risk Management system (ETRM) is used by Trading and Risk to manage the CCS energy portfolio for more than 1,200 customers across the Public Sector with a total spend of more than £1.5 billion per annum. The Energy Trading and Risk Management system (ETRM) is used to record trade and demand forecasts, calculate open positions and valuations based on market prices, and serves as Trading and Risk's 'single source of truth' for portfolio reporting and information. CCS is seeking to replace its current ETRM by sourcing a replacement, cloud based system. This is an off-the-shelf ready to deploy software procurement, rather than a software development project. The ETRM will support CCS's ability to provide its customers with risk managed products for power and gas.
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