News

goto.energy go live with Igloo Cloud ETRM

Igloo Trading Solutions, a leading provider of smarter ETRM solutions for the European energy market, announced today that goto.energy have gone live with its cloud ETRM platform, enabling detailed management of its complex UK power and gas positions.

goto.energy is a trusted supplier of green energy to the UK domestic market, offering transparent, sustainable value for money to its customers, while focusing on providing high levels of service in a competitive market.

Igloo allows goto.energy to manage its energy price risk by aggregating power and gas demand forecasts with its hedging activity to provide a full picture of exposure. Configurable position and P&L screens allow users analyse the portfolio at any level of granularity in real time. Igloo’s automated connection with ELEXON settlement flows allows further analysis of forecast versus actuals and hedging performance.

Nikki Goode (CEO of goto.energy) noted that “goto.energy is a technology innovator, so we needed an ETRM platform that was modern, built for the cloud and provided state of the art end-to-end risk management functionality to support us as we grow. Additionally, like ourselves the team at Igloo have decades of experience in the energy markets and understand the complexities.”

Igloo is an energy trading and risk management platform engineered to meet the needs of traders operating in today’s energy markets. Igloo Trading Solutions, the developer of Igloo, is a leading provider of cutting-edge products and solutions for traders in these markets. With substantial experience in trading and technology at some of Europe’s largest energy trading organisations, the team behind Igloo have developed the platform with the conviction that ETRM can be done simpler, better and more cost effectively.

For more information

Contact Igloo at info@iglootradingsolutions.com or visit www.iglootradingsolutions.com

Contact goto.energy at customerservices@goto.energy or visit www.goto.energy

Published on:
04 Jan 2021

Get in touch and see Igloo for yourself

Whether you’re a physical or financial trader (or both), or are engaged in asset optimisation and aggregation, contact us. We’ll be pleased to arrange a demo of Igloo for you.