Energy Trading and Risk Management Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Energy Trading & Risk Management Market Size And Forecast

Energy Trading & Risk Management Market size was valued at USD 1449.15 Million in 2021 and is projected to reach USD 1879.60 Million by 2030, growing at a CAGR of 3.31% from 2022 to 2030.

The volatile prices of energy is the crucial aspect of the rise in the market revenue of Energy Trading & Risk Management as well as the evolving regulatory requirements will foster market growth. The Global Energy Trading & Risk Management Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Energy Trading & Risk Management Market Definition

Energy trading and risk management (ETRM) systems comprise using an integrated system to make commercial decisions and carry them out on the market while allowing data exchanges between trade floor, operations, credit, contract, and accounting activities. The process requires the identification and capturing of events and trades, significant risk management procedures and policies, scheduling, nomination, transportation, and settlement execution. The approach also offers controlled access, regulatory compliance, and market monitoring.

Tools, applications, and architecture are all parts of the energy trading, transactions, and risk management (ETRM) software, which is used in business activities involving the trading of energy commodities. The credit, operations, contract, trading floor, and accounting departments may share information more easily thanks to the ETRM system, which employs an integrated system. Task scheduling, risk management, risk policies, event and trade data, and settlement execution are all related processes. Access control, monitoring, transparency, and compliance issues are provided by the systems.

Global Energy Trading & Risk Management Market Overview

ETRM systems are used by the energy sectors to help them achieve a range of objectives, including regulatory compliance, a reduction in risk coverage, and an acceleration of trading activities. Growing demand for ETRM technologies is being driven by enterprise resource planning (ERP) services for process-oriented enterprises or trading and collateral management platforms for significant sell-side firms. The absence of regulatory compliance deters new competitors.

ETRM systems can also aid in avoiding the risks associated with trading in energy. Energy trading involves a substantial level of risk, and profit margins are affected by changes in the market. Complex supply networks, erratic energy costs, and shifting regulatory requirements are some of the greatest problems enterprises in the energy sector confront. Providers of ETRM solutions may use this opportunity to offer creative solutions that are especially suited to a company’s business requirements. One of the additional advantages of ETRM is its ability to efficiently record trade and equity data as opposed to human recording, which is prone to errors.
The global energy trading, transaction, and risk management (ETRM) market offers attractive potential for the industry’s growth with a wide range of applications in crude oil, natural gas, electricity, refined petrochemical products, and NGLs. Due to the difficult industrial and regulatory contexts, there is a strong need for the worldwide energy trading, transaction, and risk management (ETRM) industry. Participants in the oil and petrochemical industries gain from these software solutions by making regulatory compliance easier, speeding up trade activities, and lowering risk coverage.

Nevertheless, a fundamental obstacle to the market’s expansion is a dearth of technical ability. Nevertheless, due to rising financial concerns and the rise of large organisations, this industry will have more room to expand.

Segmentation Analysis

By Type

• Software
• Service
• Other

By Application

• Power
• Natural Gas
• Oil and Products
• Others

Based on Application, the market is bifurcated into Power, Natural Gas, Oil and Products, and Others. Power application segment is estimated to significantly drive the market and dominate the market in terms of volume. Trading energy commodities including crude oil, minerals, natural gas, electricity, etc. is made easier by the Energy Trading and Risk Management (ETRM) network of applications, tools, and systems. It includes programs and equipment designed particularly to address procedures and possible issues. ETRM is quite active in a variety of areas, including on-time energy supply, data collection, and resource optimization.

Key Players

• ABB
• Amphora Inc
• Momentum3, LLC
• Amphora
• Trayport
• Accenture
• Ignite ETRM, LLC
• Allegro Development Corporation
• Tigernix Pte Ltd
• Allegro
• SAP
• OpenLink
• Eka Software
• Sapient
• Triple Point
• Triple Point Technology Inc
• FIS

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Key Developments

• In October 2021, in order to give energy traders new options for better risk management and decision-making, Eka Software Solutions, the top cloud platform for digital innovation, announced a partnership with Enverus, the top global energy data analytics and SaaS technology firm.

• In June 2022, A rapidly growing energy trading and risk management solutions provider, Inatech, which was formerly owned by Glencore, has been acquired by a Canadian company that specialises in the purchase and growth of vertical market software enterprises.

Report Scope