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Skagerak Kraft Selects Aurora ETRM to Support Energy Trading and Risk Management Operations

27. October 2025 By Aurora Systems

Porsgrunn / Bergen, Norway – October 2025

Skagerak Kraft has chosen Aurora Systems as its provider for energy trading and risk management software, to be used primarily in its production company Skagerak Kraft and subsidiary Skagerak Energitjenester. Aurora ETRM is now live at Skagerak, supporting trading and risk management for power and environmental certificates.

The implementation provides Skagerak with a cloud-based platform that supports the full trade lifecycle from deal capture and valuation to risk analysis and reporting. The system consolidates data and processes, improving transparency and control across front, middle and back-office functions.

“We were looking for a partner that combines energy market expertise with a flexible and future-oriented technology platform,” said Aleksander Dyrseth, Risk Manager at Skagerak Energi. “Aurora ETRM allows us to handle trading and risk management efficiently. The system’s intuitive design and focus on automation help our team spend more time on analysis and decision-making, and less on manual processes.”

Aurora ETRM has been developed for the Nordic and European energy markets and offers tools for trade capture, risk analytics and reporting. Its modular design and integration capabilities enable customers to adapt to market changes and support internal business development.

“We are pleased that Skagerak has chosen Aurora as their ETRM partner,” said Bjarne Johansen, CEO of Aurora Systems. “Having the system live at Skagerak is an important milestone for both companies and underlines our shared focus on making energy trading and risk management more efficient and transparent.”

About Skagerak Kraft

Skagerak is a Norwegian energy company engaged in the production, distribution and sale of renewable energy through its subsidiaries Skagerak Kraft and Skagerak Energitjenester. Headquartered in Porsgrunn, the company plays an important role in ensuring a sustainable and reliable energy supply in southern Norway. Skagerak’s annual production is approximately 5.9 TWh.

About Aurora Systems

Aurora Systems is a Nordic software company specializing in energy trading and risk management solutions. Its flagship product, Aurora ETRM, is designed for energy producers, traders and utilities seeking modern, cloud-based tools to manage trading and risk efficiently. Aurora Systems combines energy market expertise with flexible technology to help customers navigate an increasingly complex market environment.

Filed Under: Company News

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