Technology Assessment: The Market for ETRM Applications

This publication has been discontinued on September 9, 2011.

Introduction

Abstract

This Energy Insights report provides a forecast for IT spending on energy trading and risk management (ETRM) software by oil and gas companies and utilities for 2007 through 2012. IDC Energy Insights provides a overview of the current market in six regions — Asia/Pacific, Eastern Europe, Latin America, Middle East and Africa, North America, and Western Europe and a forecast from 2007 to 2012, as well as guidance for vendors serving this market.

"There are still liquidity, regulatory, and physical infrastructure challenges in most energy commodity markets — physical and financial — that must be faced to continue the growth of energy trading on the pre-2008 trajectory," says Jill Feblowitz, IDC Energy Insights analyst. "After the collapse of Enron, and slowing of the market, ETRM sales declined. However, the good news is that there are more market participants now active in the energy markets than in the post-Enron period."

Table of Contents

• Energy Insights Opinion
• In This Report
• Introduction
• Brief Description of the Domain
• Segmenting the Market
• Purchasers of ETRM Applications
• Oil and Gas
• Utilities
• Situation Overview
• Market Conditions
• There Are Huge Swings in Commodity Prices
• Oil Takes Contango
• Natural Gas Stalls with Low Volatility
• Electricity Stays Flat
• Electronic Trading Holds Its Own
• Clearing Takes Off
• Power Trading Sees Lower Rates of Growth
• Trading Activity Expands to More Markets and Products
• Carbon Trading
• Findings
• Worldwide IT Spending on ETRM
• Oil and Gas
• Utilities
• Future Outlook
• Forecast and Assumptions
• Oil and Gas
• Utilities
• Market Trends
• Asia/Pacific
• Eastern Europe
• Latin America
• Middle East and Africa
• North America
• Western Europe
• Essential Guidance
• Actions to Consider
• Learn More
• Related Research
• Synopsis
• Table: Definitions of Application Categories for Energy Trading and Risk Management
• Table: Oil and Gas Sector and Subsector SIC Codes
• Table: Industry Sectors and SIC Codes
• Table: U.S. Power Spot Market Day-Ahead Prices ($/MW)
• Table: Worldwide Oil and Gas ETRM Spending by Region, 2007–2012 ($M)
• Table: Worldwide Utility ETRM Spending by Region, 2007–2012 ($M)
• Figure: Energy Trading and Risk Management Applications for Front, Middle, and Back Office
• Figure: Worldwide Crude Oil Spot Price FOB Weighted by Estimated Export Volume, 1Q08–2Q09
• Figure: U.S. Natural Gas Prices, 1Q08–2Q09
• Figure: ICE Electronic Trading and OTC Number of Contracts, 2006–2008
• Figure: NYMEX Electronic Trading Average Daily Volume, 2007–2008
• Figure: European Exchange Electricity Trading Volume, 2002–2008
• Figure: Distribution of Trade Volumes and Financial Value for Carbon Instruments, 1H09
• Figure: Worldwide Oil and Gas ETRM Spending Share, 2007
• Figure: Worldwide Utilities ETRM Spending Share, 2007

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