Ask Ed Bell about energy trading and risk management (ETRM) technology and he’ll likely bring up his days with Enron back in the early 1990s. Bell—now a principal at Houston-based technology...
ETRM software is adapting to a changing energy market.
is, and always will, be Xcel personnel.
“Risk analyses are becoming more complex, so companies like ours increasingly are relying on technology,” he says. “But you still need the brain power. In risk management you find a lot of modelers, but they don’t have the utility business background. You need personnel with utility operations experience, people that know how a wholesale system works, who can interpret the data from that perspective and choose the best solution going forward. And that’s never going to change.”