Energy procurement and
trading

Trading and Energy Procurement

The Trading and Procurement Module helps end customers manage their energy purchase requirements for gas and power more effectively through flexible or progressive purchasing.

Key Features

User friendly trade entry

Understand your costs and risk position

Proactively manage weighted average costs and related budgets

Manage key stakeholders and counterparties using interactive dashboards

The system manages the portfolio risk position by basket or aggregated, provides stress testing through “what if analysis” should wholesale forward curves rise or fall. It also allows the purchaser to meet their financial risk obligation through the application of risk limits, enter transactions or trades and produce risk reports. The system handles both simple exclusive energy supply agreements or more complex multiple supplier arrangement with multiple baskets and purchasing strategies on behalf of end customers.

Furthermore, the module easily integrates with Utilidex’s billing and bill validation modules allowing suppliers and customers to apply weighted average cost of energy for budgeting and forecasting purposes and manages flexible demand profiles more effectively through the introduction of on the day/ balancing products. We also accurately confirm and settle transactions through “cash out” prices or “residual trades.

FIND OUT HOW WE CAN HELP

CONTACT US

Applications to help you do more

You can purchase any one of our software products direct as a customer, or through our partner consultancy firms (TPIs), or via energy suppliers. Our goal is to make it easy for you to work together, and stay in control of your energy estate.

Energy Analytics

Utility Bill Validation

Budgeting & Demand Forecasting

Accounting Intergration

Wall boards & Dashboards

Latest Insights.

Integration made easy for Corporate Customers

Welcome to this week's product updates for Corporates & ConsultantsMany users need to integrate with third-party sources, particularly for publishing monthly bills and accruals to their accounting systems. Harnessing the power of Microsoft Azure Cloud, Utilidex...

Integration made easy for Suppliers

Welcome to this week's product update for Suppliers & GeneratorsSuppliers need to integrate with third-party sources to complete certain activities, whether this is calculating customer energy rates based off trades or publishing monthly bills and accruals to...

Welcome to this week’s product updates for Corporates & Consultants

Welcome to this week's product updates for Corporates & ConsultantsWe’ve made upgrades to our key features including easily tracking portfolio changes, setting up complex I&C tariffs, and further helping customers with their compliance reporting.Site...