SINGAPORE and SENDAI, Japan, Aug. 14, 2018 /PRNewswire/ — ION, the largest global provider of trading, analytics and risk management solutions for capital markets, commodities and treasury management, today announced that Tohoku Electric Power Company (Tohoku), a top-tier power generating utility in Japan, has implemented Openlink’s platform for energy trading and risk management (ETRM) on the cloud.
With total power generation assets amounting to 18,210 megawatts(as of March 2017), Tohoku is a major presence and pioneer in the country’s recently liberalized and highly competitive energy market. Legal unbundling of transmission and distribution is expected in April 2020.
Tohoku crafted an ambitious plan to set up a new subsidiary trading company that could take…
