SunGard Energy just issued a press release identifying TaTa Power Co, Ltd. as the new India based deal that I mentioned a couple of weeks ago.
From the press release…
Tata Power Trading Company Limited (Tata Power Trading), part of theTata Group of companies, […]

There have been rumors in the market recently that ConocoPhillips had signed a significant new contract with Triple Point. I had the chance to talk with Peter Armstrong, Triple Point’s president and CEO, recently and he confirmed the rumors with the following statement, "ConocoPhillips, a long-time customer of Triple Point, has just licensed additional […]

To borrow a visual from my one of my more exciting experiences as a truck driver in the oil fields, ERCOT’s Nodal restructuring project has slid off the road and landed firmly in the ditch with the dirty side up and the wheels spinning.
In a press release sent out the day before Thanksgiving, ERCOT said, […]

It seemed that with their acquisition by ICE, Yellow Jacket had gone very quiet, almost dormant, other than their weather derivatives business. However, this morning, they’ve issued a new press release detailing a new product, YJ Block, which they describe as “an automated block-trade function that supports broker execution and submission of cleared over-the-counter […]

While Triple Point has recently released a raft of announcements noting multiple sales of products derived from their acquisition of INSSINC earlier this year; according to the rumor mill, they are not talking about what would be the largest license deal in the history of the ETRM/CTRM market.
According to multiple sources, the company has closed […]

UtiliPoint International is conducting research to examine the impacts of the recent and ongoing market shifts on companies participating in evolving commodity markets, particularly as they apply to the physical players in the market. Additionally, we’re looking at the impacts to the ETRM/CTRM software used to manage transactions in this volatile environment.
Based upon […]

Allegro just announced a new enhancement to their product offering, one that moves them ahead of the competition in terms of fully integrating the major electronic exchanges (22 exchanges in total) directly into their system. As they say in their press release…
“This latest enhancement of the ExchangeConnect component provides two-way exchange connectivity (view and […]

UBS is the latest victim of the ongoing credit crisis. The company announced earlier today that they are shutting down their softs and energy commodity trading groups, sending several hundred traders and support folks to the unemployment line. This shut down is somewhat ironic in that UBS was the company that came in […]

UtiliPoint IssueAlertPatrick Reames
Energy Trading and Risk Management (ETRM) software providers have been enjoying considerable success over the last several years. With a market buoyed by higher commodity prices, high levels of volatility, new regulation and reporting requirements, and new market entrants, software vendors have been making some serious hay. These companies have been […]

Mid-American Energy just announced that they will acquire Constellation Energy for $26.50/share. Constellation, which had traded at almost $108/share in January of this year, had been seeking a life-line for several days as its credit was being downgraded. This is a company that had revenues of around $8 billion in wholesale power trading […]