Painful mistakes

Despite the sophistication and bespoke nature of today's energy trading and risk management (ETRM) software, the use of spreadsheets remains widespread, bringing with it a huge increase in operational risk.

Estimates for the number of spreadsheets in use at any one time range from thousands to even millions for larger organisations. A recent survey of 32 energy companies by ETRM software vendor Triple Point Technology found 70% use spreadsheets or internally-assembled systems to manage

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here