This article was featured on the CTRM Center blog in June 2023 – Written by Dr. Gary M. Vasey
Simon Wheeler is happy with progress at Energy One citing a ‘really busy year, a terrific E-world and the general increase in activity in the market’. To emphasize that, Simon also reported that it had just signed a larger ETRM deal for its Contigo software in the UK for a firm trading in European markets and has recently signed new deals on the scheduling and logistics side of the business.
Energy One Europe has now successfully consolidated all the acquired brands such as Contigo, eZ-nergy and EGGSIS, and the European operation is now working as one seamless entity, he told me. Indeed, it has just rolled out an all-new website for the company and has already migrated to a ‘follow the sun’ support structure using its Australian offices to support out of hours for Europe and vice versa for Australia. “We had a combined booth at E-World, a new website and the Energy One brand is now being well established in European markets,’ he told me. Indeed, E-world proved to be a successful venue for the vendor which performed over 150 meetings and demonstrations at the event. “We are already planning for next year’s event which of course is back to the traditional February slot,” he said.
Energy One is also offering managed services in several areas and seeing significant growth and opportunities in that area of its business. It now has over forty customers using its managed services ranging from trading on behalf of as per agreed strategies, to out of hours and weekend balancing, dispatch, and auctioning services. “We have some smaller clients who use our managed services extensively and a number of larger ones who use our services for weekend and out of hours coverage,” he told me. “With our follow the sun structure and operations, we can offer all day shifts.” Indeed, Commodity Technology sees the managed services side growing in the coming years as indicated in a recent article here.