Constellation of Energy Solutions
Another vendor we recently ‘discovered’ is Constellation of Energy Solutions in Moscow. In fact, they emailed us and last week we got acquainted over the phone.
Constellation have developed an Energy Trading solution called Sozvezdie specifically targeting Russian power markets and generation and wholesale companies operating there. They also implement and support the product and provide consulting services to market participants. The company has grown since 2006 steadily and has around 30 clients and 40 staff. Its software, Sozvezdie, is now the main ETRM platform used in Russia with more than 60% of the market including 2 of the 3 foreign investors – E.On and ENEL. In fact, 27% of energy traded in Russian wholesale markets is processed with Sozvezdie.
