“Allegro demonstrated the ability to handle the unique aspects of our coal business, including managing multiple coal types and qualities, logistics across multiple methods of delivery, the need for real-time data, and comprehensive reports around pricing, value, and risk, all on a single platform.”

SUEK AG

UtiliPoint Releases First Expert Series Book PDF Print E-mail

Source: UtiliPoint International
www.acespower.com

UtiliPoint Releases First Expert Series Book Trends in Energy Trading, Transaction and Risk Management Software – A Primer

UtiliPoint International, Inc. has published, “Trends in Energy Trading, Transaction and Risk Management Software – A Primer,” the first in its’ Expert Series. “The ETRM software sector has existed in one form or another for about 15-years, but “Trends in Energy Trading, Transaction and Risk Management Software – A Primer” is the first book published on the subject,” said Dr. Gary M. Vasey. “This book will provide a complete primer for consultants, buyers and suppliers of this important category of energy software.” Acclaimed energy experts Dr. Gary M. Vasey and Mr. Andrew Bruce edit the definitive book on the software used to support energy trading, transaction and risk management. Vasey and Bruce also contribute to the book along with Cal Payne of UtiliPoint, Eldon Klaassen of Allegro Development, Leigh Parkinson of RiskAdvisory (A Division of SAS) and others. The book is also sponsored by Allegro and RiskAdvisory. “As indicated in his article Adapting to Rapid Change: ETRM Software Vendors Face Crucial Test Helping Energy Companies Thrive in Complex Volatile Markets, Eldon Klaassen, founder and CEO of Allegro focuses on marketplace realities: “Multiple ongoing volatilities in markets, energy demand, regulation and accounting practices will continue to drive the need for ETRM software that readily adapts to complexity and rapid change. Vendors must enable users to derive the maximum value possible from their software investments. This can only be accomplished by delivering more flexible and scalable ETRM solutions for critical business activities such as managing risk, improving profitability, and ensuring regulatory compliance.”

The book defines energy trading software, provides a history of the products and vendors, describes how industry change drives new waves of development and visits the current state of these dynamic software markets. For instance, RiskAdvisory’s Leigh Parkinson’s article on hedging contends that the utility industry can change “the backward-looking nature of the rate-setting process, embracing techniques of mechanistic hedging and minding the details of its business through comprehensive monitoring of market positions.”