LEAD Consult and IWB Successfully Implement Future-Ready ETRM and Scheduling System
As energy markets evolve, companies require scalable solutions to navigate market volatility, enhance automation, and drive real-time decision-making. Recognizing this, IWB partnered with LEAD Consult to implement a next-generation Energy Trading and Risk Management (ETRM) and Scheduling system, optimizing operations and improving trading efficiency.
A Strategic Partnership from Start to Finish
From initial analysis to full-scale implementation, LEAD Consult provided strategic direction, technical expertise, and seamless system integration. The project, executed in key phases, delivered:
- Pre-selection & selection of ETRM and Scheduling systems – evaluating and implementing the best-fit solutions
- IT landscape analysis & target architecture definition – designing a scalable and future-proof system
- Low-level design & implementation, including:
· Business process optimization
· New dataflows & system integrations
· Enhanced system & service interface - ETRM and scheduling system configurations – customizing platforms for IWB’s specific needs
- Establishing a Data Hub – Centralizing data for better insights and efficiency Test management & execution – ensuring system stability and performance
Through this collaboration, IWB successfully improved:
- Scheduling, long-term trading & settlement Streamlined workflows and reduced operational risk
- Balancing group & energy data management Improved accuracy and compliance
- The project also laid the foundation for improvements in:
- Power plant optimization Real-time performance monitoring and automation
- Spot trading & price forward curve management Enhanced market positioning
- Forecasting & portfolio management Insights for better decision-making
- Sales portfolio & risk management Strengthened basis for risk mitigation strategies
“LEAD Consult played a crucial role in modernizing our ETRM and Scheduling infrastructure. Their expertise in system integration and industry best practices enabled us to automate critical workflows and improve efficiency. This collaboration has positioned us for long-term success in an increasingly dynamic energy market.” – said Yves Weisskopf, Head of Trading, IWB
“Our partnership with IWB showcases our commitment to delivering tailored ETRM solutions that empower companies to stay ahead in a rapidly changing industry. By combining strategic guidance with technical innovation, we helped IWB build a future-proof energy trading framework.” said Alexander Nikolov, Founder & CEO, LEAD Consult.