Clearwater Analytics Debuts Transparent Risk Platform for Power and Gas Markets at E-world 2026
Clearwater Power and Gas breaks industry reliance on black-box systems as energy transition drives trading opportunity

The transparent, platform leading energy and commodities firms use to model, value, and manage complex energy portfolios — with full source-code visibility into every calculation.
Beacon by Clearwater
Most energy risk platforms are black boxes built on legacy ETRM architecture. Beacon by Clearwater is the opposite — transparent, , and built for the instruments and strategies that define modern energy risk management.
Complete source-code visibility for every power, gas, and commodity instrument. Validate, customize, and extend every calculation — without relying on a vendor’s black box.
Calculate VaR, CVaR, PFE, credit risk, and custom metrics with full audit trails. Defensible data for your risk committee, your auditors, and your counterparties.
Beacon sits as an independent analytics layer alongside your existing systems — consolidating legacy ETRM systems, exchange feeds, and bespoke workflows into one consistent view. Deploy standalone in the cloud, integrate with what you have, or build custom solutions on Beacon’s open development foundation.
Instrument Coverage
Where most risk platforms fall short, Beacon goes deep — with specialized models for the structured, illiquid, and physical instruments that define modern energy and commodity trading portfolios.
| Commodity: Listed | Commodity: OTC | Energy-Specific | Power-Specific |
| Futures | Swaps & Swap Series | Heat Rate Swaps | Power Swaps & Series |
| Spread Strips | Average Price Options | Calendar Spread Options | Power Physical |
| Futures Strips | LNG Swing Contracts | REC Inventory | Power Option Strips |
| Gas Storage |
Need something we haven’t listed? Beacon’s open architecture lets you build, customize, and deploy your own instrument frameworks — using your proprietary IP, on a platform your team controls.

Anthony Hoang CTO, CleanChoice Energy
Vice President Global Energy Trading

Daniel Cepeda Founding Partner, Quantix
In our study of 100 senior energy and commodity traders — representing $1.4 trillion in notional capital — transparency ranked as the most pressing energy risk management challenge, ahead of asset complexity, coverage, and scalability.
The pattern was clear: traders who rate their risk systems highly on transparency, asset complexity, and customization are also significantly more likely to report superior investment performance. That’s exactly what Beacon by CWAN was built to deliver.
$1.4T
In capital represented by survey respondents
100
Senior traders, quants & analysts interviewed
#1
Risk challenge identified: transparency
Clearwater Power and Gas breaks industry reliance on black-box systems as energy transition drives trading opportunity
The need for dynamic pricing and real-time valuations are transforming energy markets. As volatility and exotic instruments rise, traders need transparent risk management and cloud-native platforms to deliver speed, scalability, and precision in today’s high-stakes environment.
Join us for a 30-minute webinar to see how Beacon by Clearwater Power & Gas enables energy trading firms to deploy sophisticated energy risk management strategies. This webinar will include an in-depth product walkthrough with real use cases and scenarios.
Talk to a Beacon by Clearwater specialist about your power, gas, or commodities portfolio. We’ll show you exactly how our platform works — every model, every calculation, every line of code, powered by Beacon Intelligence.