Trade, Track and Manage Emissions Like Never Before with the Allegro 8 Platform

DALLAS, TX, August 31, 2009 – Allegro, the leading provider of energy trading and risk management (ETRM) solutions, has announced the release of Emissions 8.1, a first-of-its kind component for the Allegro 8 platform that provides efficient and instantaneous management of all trade activity for emissions certificates on a global basis.  While Allegro solutions have always supported emissions trading processes, this dedicated component was specifically developed to deliver comprehensive capabilities not available from any other ETRM platform on the market today.

Increasing and ever-changing government regulations are driving the need for sophisticated emissions management solutions that can handle the complexities of accurate reporting and compliance to avoid significant fines and penalties.  Today, energy companies are struggling with disparate systems, manual, error-prone processes, the inability to track the unique characteristics of emissions trades and manage different requirements for each registry or jurisdiction.

“Allegro has again demonstrated its ability to rapidly respond to market needs with their emissions management solution,” stated Dr. Gary M. Vasey, GM, Europe for CommodityPoint, Inc., a leading market research firm.  “The enhanced Emissions 8.1 component is a fully featured offering that includes an accelerated trade entry process achieved by requiring traders to enter only the most basic trade information and allowing the back office personnel to provide the remaining information during reconciliation.  Another significant addition is the ability to simply download registry data from any global registry to perform a comparative analysis and accurately generate reports that show compliance to regulatory agencies.”

Allegro’s Emissions 8.1 component is a flexible, centralized tool that captures sophisticated deals and automates processes to manage physical inventory and financial positions to make intelligent decisions and optimize a complete emissions and renewables portfolio.  Allegro is the only ETRM vendor to provide this level of comprehensive emissions management with the following functions associated with emissions trading:

• Captures trades with unique attributes including phase, vintage year and registry.
• Inventory Management – tracks physical open certificate allocations, surrender, bilateral trades, options, and expire certificates.
• Position Modeling and Reporting – captures planned and forecasted physical positions, short emissions usage, and the ability to match corporate position with any registry position.
• Valuation and Mark to Market – creates forward curves, runs valuation in real-time and allows certificate to remain in inventory after trade value.
• Compliance Reporting – downloads registry data, generates comparative analysis with registries and reconciles with national or regional holding entity.

About Allegro Development

Allegro is a global leader in energy trading & risk management solutions for power and gas utilities, refiners, producers, traders, and commodity consumers. With more than 27 years of deep industry expertise, Allegro’s enterprise platform drives profitability and efficiency across front, middle, and back offices, while managing the complex logistics associated with physical commodities.  Allegro provides customers with agile solutions to manage risk across natural gas, power, coal, crude oil, petroleum products, emissions, and other commodity markets, allowing decision makers to hedge and execute with confidence. Headquartered in Dallas, Texas, Allegro has offices in Calgary, Houston, London, Singapore, Sydney, and Zurich, along with a global network of partners.

For further information please contact Christie Lindstrom at media@allegrodev.com or +1.214.237.8117.