Leading Utility, Power, and Gas Company Gains Centralized Data Repository with Eka CTRM
Energy markets are extremely volatile, often subject to dramatic fluctuations in price. For energy market participants that produce, process, or market energy products, these sudden swings in energy prices impair forecasts and negatively impact bottom lines. Over the last few years, the unparalleled volatility in power prices, complex transmission networks, and changing regulatory requirements have increased uncertainty, thereby threatening profits.
Using Eka CTRM, the company has a centralized data repository for all risk data and a unified system that integrates wholesale and retail power, and gas. The company accurately captures physical and financial position to provide a clear picture to management.
The company has greater control over trading, risk management, and the supply. Eka also provides predictive analytics, visualization, and optimization, enabling the company’s management team to make better, faster, smarter decisions. Its advanced analysis and reporting module gives the company a definite competitive advantage.