Given The Ongoing Energy Transition What Impacts Do You Foresee On CTRM And Related Software Requirements?

In the ComTechAdvisory RoundTable Q2 2024, industry experts explore the impact of the ongoing energy transition on Commodity Trading and Risk Management (CTRM) and related software requirements. Various experts from the industry highlight several emerging trends necessitating adaptations in CTRM systems. Key themes include increased granularity in managing energy portfolios, the advent of non-linear contracts, and the integration of new energy technologies such as virtual power plants (VPPs), batteries, and demand response mechanisms. These trends demand that CTRM systems evolve to handle more detailed data, support real-time operations, and accommodate complex contractual arrangements. The document emphasizes that as renewable energy sources and intermittent generation become more prevalent, CTRM software must efficiently process large volumes of granular data to optimize energy portfolio management, address market fluctuations, and enhance storage solutions.