Innovation of the year – Technology: Cumulus9
Energy Risk Awards 2025: Disruptive technology firm harnesses AI to create transformative risk management capabilities

Energy risk managers face a slew of daily challenges, from market volatility and economic uncertainty to the increasing complexity of margin models used by clearing houses and exchanges. Traditional methods of managing risk often rely heavily on manual data analysis and fail to keep pace with the dynamic nature of modern markets.
In recent years there has been much talk about the revolutionary potential of artificial intelligence to provide risk managers with real-time analysis and actionable
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Commodities technology house of the year: Topaz Technology
Strong revenue growth, Asia focus and a unique approach to unifying physical and financial risk
Electricity house of the year: Provincial Electricity Authority (PEA)
Power company uses renewables to help Thailand attract energy-intensive manufacturers amid recent geopolitical shifts
Energy Risk Asia Awards 2025: the winners
Winning firms showcase the value of prudent risk management amid challenging market conditions
Data and analytics firm of the year: LSEG Data & Analytics
Energy Risk Awards 2025: Firm’s vast datasets and unique analytics deliver actionable insights into energy transition trends
Newcomer of the year: Eleox
Energy Risk Awards 2025: Six energy titans collaborate to transform post-trade landscape
CTRM software house of the year: ION
Energy Risk Awards 2025: Software firm stands out for its wide and expanding portfolio, new technology use and impressive client growth
Emissions house of the year: Grey Epoch
Energy Risk Awards 2025: Carbon trader meets clients’ increasing needs through deep expertise and ability to warehouse risk
One to watch: Fenergo
Energy Risk Awards 2025: SaaS firm brings digitalised counterparty management to energy and commodities