While a little slow to exploit electronic commerce, the energy industry is very information intensive.
Many observers feel that network industries are ideal candidates for web based trading.
Although the energy sector was not caught up in the dotcom rush, the Internet has had a huge impact on energy trading.
The volume of on-line energy trading accelerated sharply in 2000, with wholesale energy traders transacting $400 billion via on-line channels; a 750% increase on 1999 volumes.The rise of the new exchanges is having a significant impact on existing trading operations.
The new management report B2B Energy Trading: The Surge On-line provides you with a detailed overview of the energy trading market and identifies the critical strategies for success.B2B Energy Trading: The Surge On-line provides you with:
• A survey of senior energy company executives identifying the crucial factors for on-line success in the present market and those anticipated for the future
• In-depth case studies of the market leaders including EnronOnline, eNymex, HoustonStreet.com and Tradespark
• An overview of the wholesale energy trading sector and the opportunities in gas-electricity arbitrage
• Evaluation of the technical issues and developments in on-line energy Trading
• An assessment of the barriers to getting on-line in energy trading and practical strategies to overcome these barriers;Benefit from over 150 pages of expert insight and analysis, enabling you to:
• Achieve liquidity by identifying the key factors for success
• Increase revenue by extending on-line capabilities into other commodity areas.
• Benefit from case studies which examine the experiences of the early movers
• Develop successful strategies through assessing the business models of the current on-line energy traders
• Forecast the impact of technological developments on energy trading as a whole