Energy Trading and Risk Management (ETRM) System
Buyer: The Minister for the Cabinet Office acting through Crown Commercial Service
- Published
- 7 October 2025
- Estimated value
- £738,571
- Place of performance
- UK
- Procedure
- Open procedure
- Lots
- 1
- Notice number
- 062981-2025
- Reference
- ocds-h6vhtk-04b58b
- Official source
- Official source
Description
The Energy Trading and Risk Management system (ETRM) was used by Trading and Risk to manage the CCS energy portfolio for more than 1,200 customers across the Public Sector with a total spend of more than £1.5 billion per annum. The Energy Trading and Risk Management system (ETRM) was used to record trade and demand forecasts, calculate open positions and valuations based on market prices, and serves as Trading and Risk's 'single source of truth' for portfolio reporting and information. CCS was seeking to replace its current ETRM by sourcing a replacement, cloud based system. This was an off-the-shelf ready to deploy software procurement, rather than a software development project. The ETRM would support CCS's ability to provide its customers with risk managed products for power and gas.
Awards
| Awarded to | Amount | Date |
|---|---|---|
| See Contracts Finder Notice for full supplier list | — | — |
Official publications
- FTS · 062981-2025 · 7 October 2025
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £738,571.
- Who is the buyer of this tender?
- The contracting authority is The Minister for the Cabinet Office acting through Crown Commercial Service (United Kingdom).
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