Nuon goes live with Xenon platform
Nuon now has eighty business users of Xenon for trade capture, processing and risk management including VaR for fuels, carbon emissions credits, natural gas and electric power. The platform is also used to generate data on physical deliveries to the European gas pipeline systems and power grids. Xenon had previously been used only for fuels trading and risk management.
“This is the largest hosted implementation of an energy trading application in the industry today,” says Thurstan Bannister
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