Reports ETRM in a Low Commodity Price Environment | Page 13

ABOUT CAPCO
Capco, an FIS™ company, is a global management consultancy with a focus in financial services including banking and payments, capital markets, and wealth and asset management, plus a dedicated
energy division. We combine innovative thinking with unrivalled industry knowledge to deliver business
consulting, digital, technology and transformational services. Our collaborative and efficient approach
helps clients reduce costs, manage risk and regulatory change while increasing revenues.
Visit us at www.capco.com/energysolutions and follow us on Twitter @Capco.