Energy trading technologies: increasing efficiency and resilience in European energy

Energy trading technologies: increasing efficiency and resilience in European energy

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Energy trading technologies: increasing efficiency and resilience in European energy
Author: Miguel Angel Vicente Gonzalez
Published: Jan, 15 2025 09:24

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS. NTT DATA is a Business Reporter client. Advanced tools such as AI and real-time data analytics are reshaping the trading landscape, enhancing resilience and competitiveness in volatile markets.

With geopolitical disruptions, increasingly volatile markets and a pressing need to secure a sustainable energy future, the European energy sector is undergoing profound challenges. And it’s meeting those challenges head-on. To deal with these dramatic changes, European policymakers are recognising the role the market plays in guaranteeing energy security, promoting low-carbon strategies to drive the transition to a Net Zero economy.

Europe’s push for decarbonisation is a bold bid to transform the region’s energy systems, but it also introduces new complexities thanks to a greater reliance on intermittent sources and varied market dynamics. Against a backdrop of geopolitical instability and growing price volatility, energy trading firms are under immense pressure to adapt their strategies and operations to remain competitive and ensure market stability.

The energy sector has always been dynamic, but the current convergence of crises demands innovation at an accelerated pace. This is where advanced energy trading and risk management (ETRM) technologies have emerged as critical tools. They not only support the operational demands of a trading company but also transform the way market participants monitor KPIs, make decisions and optimise processes to ensure energy supplies while minimising risk.

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