Energy management
“I want my energy buying to be intelligently managed”
Energy Management
An active and intelligent energy management and hedging service, tailored to your individual and ever shifting, needs.
The Challenges
PRICES ARE
VOLATILE
The wholesale energy price is volatile. Price swings of 30-60% a year are normal. Price swings over 100% are not uncommon.
IT'S A COMPLEX
MARKET
Effective energy management requires expertise, risk management discipline, awareness of what’s going on in the market and experience – most organisations can’t afford to have all this in-house.
POOR EXTERNAL
SUPPORT
Large organisations often experience substandard service levels and ineffective hedging due to the sausage machine approach of brokers. They need a more tailored approach to what are complex needs.
Key Activities
We only work for large consumers of energy – businesses that need a highly active and conscientious service, which flexes to meet their ever-shifting needs and aims. So we tailor what we do for each company.
The main activities include:
BUILD
We begin by developing a bespoke and advanced trading and hedging strategy for you, putting in place the essential governance protocols and setting up your risk position reporting.
HEDGING
We monitor your energy price risk position on a daily basis. We give on-going advice about when, and when not, to hedge. All activity is tracked and reported through our platform.
MARKET
AWARENESS
Monthly market insight reports give valuable insights into what’s driving energy prices, informing decision making and putting you more in control.
PROCUREMENT
Procurement (tendering, negotiating, contracting) and supplier management (relationship, performance and contract management activities).
Governance
We establish, monitor and run a tight governance framework around your hedging activities. This includes being an active member in monthly risk committee meetings, bringing risk management rigour and scrutiny.
Guidance
We frequently engage with and influence senior executives. We’re always available on the phone to guide you in your decisions making, or to offer ad-hoc advice and support.
BENEFITS
- Measurable and significant savings and cost avoidance.
- Cost certainty - reduced risk of shocks.
- Finely tuned risk management governance.
- A long term perspective that future proofs your business.
- Faster, smarter, more informed decision making.
- You'll see major benefits from our advanced hedging techniques.
- We don’t take commissions or kick-backs in any way. So financially we’re on the same side as you.
- On-line access to your daily risk position reports.
- We'll keep you update on what's going on in the market.
Related Insights
Read our thoughts, ideas and tips about great energy management and accelerating the journey to net zero.
