EIA’s Short-Term Energy Outlook forecasts that the typical U.S. residential household will consume about 3,080 kilowatthours of electricity this summer (June through August), down 5% from the average summer consumption in 2018. If this forecast is realized, it would be…

EIA’s Short-Term Energy Outlook forecasts that the typical U.S. residential household will consume about 3,080 kilowatthours of electricity this summer (June through August), down 5% from the average summer consumption in 2018. If this forecast is realized, it would be…

Clearing house eyes June release; dealers voice concerns over liquidity and margining Source: Risk feed

Saudi Arabia, the world’s largest oil exporter, has ambitious plans to tap into the potential of renewables to fill a shortfall in regional power demand. But opinions are divided on how realistic the Kingdom’s strategy is, given its track record…

LONDON (Reuters) – Oil prices eased on Thursday, although a decline in U.S. inventories, ongoing supply cuts from OPEC and its allies, and U.S. sanctions on Venezuela and Iran all limited losses. Brent crude futures were at $71.49 a barrel…

Backward-looking fallbacks are incompatible with the product, which relies on forward rates Source: Risk feed

Acquisition gives Ion a near monopoly in energy trading and risk software Source: Risk feed

Accounts payable and cash management functionality sets the firm apart FundCount, LLC, a worldwide provider of accounting and investment analysis software, today announced that it has won Best Client Accounting solution at the WealthBriefing European Awards ceremony held in London….

April 17th, 2019 – Allegro Development Corporation, a global provider of enterprise commodity management solutions, has been acquired by ION Group, the companies announced today. Andrea Pignataro, ION’s CEO, said, “The acquisition of Allegro Development Corporation expands our footprint in…

Having been involved in the ETRM/CTRM market for almost 25 years, most of those as a market analyst, I’m struck by the fact that license prices haven’t increased much, if really at all, for almost the entirety of that time. …

Membership in innovation hub enables OutSystems to drive low-code adoption in manufacturing sector OutSystems, provider of the number one low-code platform for rapid application development, today announced that it has joined the Manufacturing Technology Centre (MTC), enabling it to deliver……

In the April 2019 update of its Summer Fuels Outlook, EIA expects the retail price of U.S. regular-grade gasoline will average $2.76 per gallon (gal) during the summer from April through September 2019. EIA’s expected average is down 3% from…

Argus – Commodity trading company Trafigura has set up a new joint venture to trade petrochemicals, five years after it scaled back its presence in the sector. The new venture, which will focus on bulk liquid chemicals, includes senior petrochemical…

Argus – Commodity trading company Trafigura has set up a new joint venture to trade petrochemicals, five years after it scaled back its presence in the sector. The new venture, which will focus on bulk liquid chemicals, includes senior petrochemical…

Grupo Flor, one of the largest cannabis corporations in California, has made a trading desk aimed at bringing buyers and sellers in the budding cannabis industry on a single platform. Being hailed as the industry’s first cannabis commodity trading desk,…

ARVADA, Colo., April 16, 2019 /PRNewswire/ — Lumidyne Consulting LLC announced today the release of a new modeling Software as a Service (SaaS) tool that helps electric distribution utilities, cities and other organizations integrate distributed energy resources (DERs) into their planning processes. The modeling software, named SPIDER™…

BELLIN becomes first TMS provider to enable SWIFT gpi within Lite2 for Business Applications framework BELLIN, a global leader in providing web-based treasury software and services for multinational corporations, has successfully integrated SWIFT gpi for Corporates (g4C) technology in its…

Source: Risk feed

April 16th, 2018. VuePoint Solutions has now launched its ENTSO-E service, providing access to European Network of Transmission System Operators for Electricity (ENTSO-E) data via its market leading, Market VuePoint service. Market VuePoint now provides access to all the published…

BOSTON (April 16, 2019): Salary Finance, the leading global provider of financial education and salary-linked savings and loans for employees, announces $32.8 million Series C funding announcement, led by existing investors Blenheim Chalcot and Legal & General. This comes in…