Generally speaking, risk management is designed to shield you against the volatility of the market, helping to protect your gains while minimizing your losses. In the energy sector, energy risk management involves identifying ways of transacting in the energy markets to hedge against price variation as well as communicating the importance of managing risk with critical stakeholders in your organization.
Energy risk consultants at Navigate Power assist organizations in managing their risk exposure in the energy sector. We delve into the data, looking for possible sources of risk that could pose a threat to the financial health and stability of your organization. By modeling risk, Navigate Power can help organizations gain a degree of control over their energy spend and make better purchasing decisions. Long-term effective risk management can also lead to better corporate health.
We develop a custom risk optimization strategy to help protect you against a variety of risks in the energy sector. This strategy allows you to balance the various risks your organization faces and continue to meet your company’s core objectives. We help maximize the value of your energy spend while remaining inside your commodity budgets.
At Navigate Power, we also adopt a risk-anticipation strategy, taking strategic market positions in anticipation of threats and opportunities. Often it’s beneficial to buy now and sell later when prices have had a chance to adjust to new market information. Our energy procurement experts predict these threats and adapt your buying strategy in accordance with your goals.