Powerful trading technology for a renewables pioneer
Learn about how a renewable energy company gains speed and simplifies operations by automating trading management using Hitachi Energy’s TRMTracker, an award‑winning C/ETRM solution.
The Client
This customer success story is written about a globally leading offshore and onshore renewables developer and independent power producer (IPP) that shares Hitachi Energy’s vision to create a more sustainable future for all.
The Challenges
The company’s legacy trading and risk management system was primarily manual, which introduced the potential for inaccuracies, delays, and a lack of real‑time visibility, all of which impacts the speed and efficiency of trading in volatile
energy markets. Most significantly, allowing inaccurate information into the evaluation process could lead to making the wrong decisions. To unite and streamline their front‑, middle‑, and back‑office activities, the energy company sought an easy‑to‑use, cloud‑based solution that could automate their
trading processes while shifting the system maintenance and update duties to a trusted vendor, freeing up their own staff to focus on other company IT and business priorities. The new commodity/energy trading and risk management (C/ETRM)
solution also had to be able to integrate with their in‑house risk management system.
The Solution
The renewable energy company discovered that TRMTracker, Hitachi Energy’s C/ETRM solution, fulfilled their needs for an end‑to‑end platform that delivered transparency, efficiency, automation, and regulatory compliance. Deployed as software as a service (SaaS), TRMTracker easily integrated with the
company’s internal risk management system, providing a seamless way to monitor and manage all aspects of their energy trading and risk management operations.
Results
- Increased time-to-market
- Agility from automation
- Cost savings
- Powerful integration
- Multi-commodity support
Main data |
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Location |
North America |
Industry |
Renewables |
Solutions Used |
