ERAS was created to serve the needs of the oil and gas industry. However, over the years, the scope has expanded to include related industries, such as renewable energy and chemicals.

ERAS has developed a powerful in-house modelling platform for the energy market, emPower, to provide realistic hourly load and price forecasts by plant/zone/country. The model takes into account all relevant variables, including type and quantity of supply, demand, weather, prices, carbon emissions, etc. to produce accurate market estimates. We have used this model to assist blue-chip IOCs, NOCs, banks and utilities.

ERAS combines its energy sector expertise, emPower, advanced economic and financial modelling capabilities and the professional experience of the team to assist clients across a broad spectrum of needs, ranging from macro studies of international networks to specific analysis of a new plant’s impact.