ECONOMIC PRESSURES, MARKET REGULATION AND NEW TECHNOLOGIES ARE RESHAPING PLAYERS IN THE COMMODITIES AND UTILITIES INDUSTRIES
Our experience spans the energy supply chain – from strategy and market entry, regulation and compliance, governance and risk management, operating model and architecture design, to custom or package-based systems implementation and integration.
As a key technology supplier to many Commodity firms, including a Top-3 Oil & Gas major, in addition to a growing Utilities practice, we have used our Queen’s Award-winning delivery approach – Enterprise Agile to deliver varied assignments including implementing and integrating CTRM systems, architecture optimisation, bespoke software development and the provision of expert advisory services in the development of strategy, roadmaps and business cases.
IN THE COMMODITIES AND UTILITIES INDUSTRIES, WE HAVE:
- Delivered Business Consulting to one of Europe’s largest energy houses. This included understanding their business performance, monitoring their health status against their peers and other market entries, and fine-tuning their Operations and commercial processes to achieve profitable growth.
- Built and implemented a Crude and Products trading valuation and exposure engine for a global Oil and Gas major. This delivered improvements to real-time exposure, P&L and risk management oversight.
- Delivered a platform to help a global utilities provider improve flexibility and capability related opportunities in the power market.
- Modernised a global agriculture CTRM platform for a large commodities house, enabling the business to improve its response to market opportunities and benefit from a consolidated position and exposure management capability. This platform handles thousands of trades every day.
E.ON is one of the UK’s leading power and gas companies, generating electricity, and retailing power and gas. BJSS is helping this utility with an aggressive programme of change that includes several projects and a transition to the Microsoft Azure Cloud.
WITH A BROADER PERSPECTIVE, ANYTHING IS POSSIBLE
We bring fresh perspectives to our Commodities and Utilities clients.
New business opportunities are prevalent in the Energy sector. From fossil-based and renewable sources, to a shifting political and regulatory landscape, existing players are offering new solutions to their clients, while new entrants are introducing fresh technologies and services to disrupt. By enabling technology transformation, players in this challenging industry can solve their greatest challenges, service their clients better, and apply greater fiduciary rigour to their investors. These are our thoughts on how Energy organisations can achieve this.
For the public charging network operators to survive and stay relevant, they must service the growing wants and needs of an evolving customer base. The UK’s public charging network will need to satisfy the needs and wants of millennials, as the Electric...read more
What opportunities remain for major utilities in the current stabilised market and what strengths can they leverage? UK solar PV installed capacity has grown to 13GW (UK Department for BEIS, 2018). Encouraged by UK government strategy and funding schemes...read more
Improved competition, operational excellence and cost-efficiency will define the future of the utilities sector, creating an environment that will, within five years, look radically different to how it looks at the moment. Driven by global and political...read more
Commodity company earnings on a global basis are under pressure thanks to the lowest prices for a decade across the entire commodity spectrum. For centuries, commodity markets price fluctuations have impacted not only global and domestic firms but also...read more
IT transformation is apparent in production areas such hydraulic fracturing and extremely responsive microgrids, and on trading floors where Big Data analytics provide accurate insights from the vast amount of data available on consumption, demand patterns...read more
By encouraging the adoption of Open Source and Agile, the UK Government has been able to benefit from technologies that outperform their commercial alternatives while delivering dramatic cost-savings without compromising reliability or security. Since the...read more