Energy One Dominates Australian Power & Gas ETRM Software Markets

Energy One Ltd is an Australian ETRM and related software vendor that has thrived in its domestic market and is only one of two public companies in the space (the other being Brady PLC). In fact, Energy One went public back in 2007 and today has revenues in excess of $5m according to its financial disclosures. It sells a range of software products that include the Wholesale Energy Suite, Energy Business Intelligence, Energy Cloud and others catering for electric power, natural gas and associated environmental instruments. Last week, I spoke with Mr. Shaun Ankers, CEO and had a short demo of the Energy One Trading ETRM platform. Mr. Ankers told me that around 35% of the Australian electricity market goes through the product and that the company can boast two of the Australian Big 4 companies (the other two using a combination of proprietary and in house software) and a significant portion of the second tier in that market. With recent developments, the Company’s software also controls the transmission trading for 40% of that country’s gas. While American vendors are also present in the market and have a couple of accounts there, the major competitor is in house development. EnergyOne
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Energy One Dominates Australian Power & Gas ETRM Software Markets appeared first on CTRM Center.