Customer stories E.fos

How E.fos turned Cypriot market complexity into confident growth

E.fos logo
Supplier and RES aggregator, Cyprus

Challenge

Market participation, trading, settlement and reconciliation ran across fragmented, manual processes. That raised operational risk and made it hard to grow a mixed portfolio of assets and loads with confidence.

Solution

An integrated ATLAS rollout covering scheduling, portfolio, assets and back office, with a Math Editor for custom calculations, backed by StellarBlue’s trading consulting for strategy and daily decisions.

Results

  • Improved operational efficiency
  • More confident, better informed market participation
  • Positive financial performance over time
  • Greater control over settlement, commissions and payments

StellarBlue helped us transform complex market participation into a streamlined, reliable process. Their ETRM platform, combined with experienced trading consulting services and constant support, has had a clear positive impact on our operations and financial results.

E.fos

Who is E.fos?

E.fos is an active participant in the Cypriot energy markets, operating in a highly regulated and fast-moving environment where accuracy, speed, and market expertise are critical for success. They act as both a supplier and a RES Aggregator, managing a portfolio of nearly 50 MW, which includes a 12 MW wind farm.

Beyond production, E.fos also represents loads, balancing a diverse portfolio of assets and consumer demand. Their core objective is to optimize transactions between their internal assets and their broader market activities, ensuring maximum efficiency and value in every trade.

ATLAS between the Cyprus TSO and E.fos: market participation out, market results and data in, feeding E.fos accounting and trading
ATLAS sits between the Cyprus TSO and E.fos accounting and trading teams.

A dual role, without a central system

Entering and operating in the energy markets required managing a complex end-to-end process: market participation, trading execution, settlement calculations, and financial reconciliation. Handling these activities manually or through fragmented systems increased operational risk and limited the ability to scale with confidence.

As they expanded, E.fos faced specific operational difficulties in balancing their dual role. The lack of a centralized system created optimization gaps, making it difficult to synchronize their 50 MW capacity with market obligations. Managing complex tasks like commission tracking and financial reconciliation manually became a significant barrier to their growth.

Why StellarBlue

E.fos partnered with StellarBlue because we offered more than just software. As a Greek software company with a strong focus on energy markets, StellarBlue combines an ETRM platform with experienced trading consulting, covering both the technical and operational sides of market participation.

Scheduling
Participation in both spot and balancing markets, with a friendly interface for building bidding strategies.
Portfolio Management
Centralized management of positions and transactions across the entire energy mix.
Asset Management
Granular control and visibility over the 50 MW capacity and wind assets.
Back Office
Automated settlement amounts and financial obligations, including commissions and financial reconciliation.
Math Editor
Advanced, customized calculations for specific market requirements.

In parallel, our trading consulting services provided the insight to support strategy, execution, and daily decision-making.

Structure, visibility and reliability

The platform brought structure, visibility, and reliability to E.fos operations. Processes that were previously complex and fragmented became centralized and transparent, significantly reducing manual effort and operational uncertainty.

An extension of the team

StellarBlue’s team is consistently available and highly responsive. We function as an extension of E.fos’ own team, providing continuous support and practical 360-degree guidance whenever issues arise, whether they are technical, operational, or related to shifting market regulations.

Working with StellarBlue has transformed the way E.fos participates in the energy markets. The ETRM platform and consulting services enabled them to operate more efficiently, manage risk with confidence, and achieve sustainable financial results. Above all, they gained a strategic and reliable partner who actively supports their long-term growth.

See ATLAS on your own portfolio. We will walk you through it with your assets and your markets.