Energy Trading and Risk Management (ETRM) System
Who
| Buyer | Crown Commercial Service — not a council we hold |
| Supplier | A list of successful suppliers can be found in the attachments a |
What
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.
Dates and source
| Runs | 25 Feb 2025 to 24 Feb 2027 |
| OCID | ocds-b5fd17-b33e6070-7288-473f-b444-e23c614b0e5b |
| Notice | Read it on Contracts Finder |
Figures are as published An award value in OCDS may be a framework ceiling rather than a sum anyone expects to spend, so a large figure here is not evidence of a large purchase.