Responding To Energy Market Change

Responding To Energy Market Change

The European power and gas industry is currently going through a period of very rapid change that has potentially far reaching consequences. While change is certainly no stranger to the industry, it requires players in the industry to constantly re-evaluate their business process and technology infrastructures in order to adapt and thrive. This whitepaper explores how...

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Risk Associated with Older Technology

Risk Associated with Older Technology

Adrian Bullock, Contigo managing director warns that many energy businesses are operating with a higher level of risk than is necessary, because important systems do not use the latest technology.

He likens the situation in some to “driving a Heavy Goods Vehicle down the motorway and only looking out at the road ahead every few hours” and has released a simple check-list to help businesses judge whether their ETRM system is based on modern technology.

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Meeting your REMIT Obligations

Meeting your REMIT Obligations

Under the new REMIT regulation, which came into force on October 7th 2015, energy trading companies and large energy consumers will need to report all standard trades and orders to trade in the European wholesale power and gas markets to ACER, via a RRM (Registered Reporting Mechanism).  There are various RRMs available, such as Trayport, EFETNet and RegisTR.  “Standard” trades cover those executed on exchanges such as EEX and ICE, and the majority of trades executed electronically through brokers.

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