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Energy Trading and Risk Management (ETRM) System

Contracts Finder notice active GET /api/v1/contracts/85434
£1,300,000
value
GBP
25 Feb 2025
awarded
1
suppliers named

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.