Energy Trading and Risk Management (ETRM) System
- The Minister for the Cabinet Office acting through Crown Commercial Service
Procurement identifier (OCID): ocds-h6vhtk-04b58b
Description
The Energy Trading and Risk Management system (ETRM) was 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) was 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 was seeking to replace its current ETRM by sourcing a replacement, cloud based system. This was an off-the-shelf ready to deploy software procurement, rather than a software development project. The ETRM would support CCS's ability to provide its customers with risk managed products for power and gas.
Notices
F03: Contract award notice
- Notice identifier
- 2025/S 000-010393
- Published
- 20 March 2025, 1:02pm
F14: Corrigendum notice for changes or additional information
- Notice identifier
- 2024/S 000-036581
- Published
- 12 November 2024, 1:56pm
F02: Contract notice
- Notice identifier
- 2024/S 000-036454
- Published
- 11 November 2024, 3:10pm