Vwd Launches Energy Analysis Service

Twenty-five companies across Europe have bought the software, including UK energy trader Accord, Centrica (owner of British Gas and Energy America), the public utility corporations of Düsseldorf and Leipzig, and the Austrian utilities Verbund and Salzburg. It has about 50 users in total, a vwd spokesperson said.

Vwd Energy Analyser displays historical data from all the major European energy exchanges. Customers can use tools to monitor and analyse the development of contracts and volumes to prepare for their trading activities. They can also import and export data between applications such as Microsoft Excel.

The product also incorporates indexes from Dow Jones for a number of regulated energy markets as well as over-the-counter electricity and gas market prices, market reports and energy news, all from vwd.

The spokesperson said the value of the service lies in the functions that are specific to the energy market. For example, volatility can be calculated on the basis of 365 values a year (the number of days that energy traders can trade) instead of the usual 250 trading days of the financial markets (365 minus the weekends and holidays), unlike most analysis tools for the energy market.

The Java-based client software was developed with software company GeVaSyS, which is part-owned by vwd.

Andreas Schober, head of European power trading at Accord, said: "It is a very convenient tool to analyse the markets. The functionalities and data help us to save time on our daily work."

  • LinkedIn  
  • Save this article
  • Print this page  

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 indvidual account here: