Definition
ETRM (Energy Trading and Risk Management) is software for managing energy commodity trading, position management, risk exposure and settlementTurning metering data into money. Consumption and production per metering point become what each party owes or is owed.. ETRM systems track physical and financial energy contracts, calculate mark-to-market values, manage counterparty risk and interface with exchanges such as Nord PoolNordic electricity exchange where power is traded in the wholesale market - the basis for electricity prices in Norway and the Nordic region.. In the Nordic power market, ETRM is used by power producers, large consumers, financial traders and utilities.