When devising your approach to energy risk management, it’s crucial to understand your company’s objectives and risk tolerances. Is it more important for you to beat the market or to meet budget? How will volatile energy prices impact the financial and operational health of your company?
To address these questions, Summit Energy works with your company to develop a tailored Risk Profile, which maps the risk tolerance of your organization and serves as the backbone for your energy risk management program. Our energy professionals build your Risk Profile by surveying all key stakeholders within your organization to understand how ‘risk accepting’ or ‘risk averse’ they view the company. We evaluate these responses, incorporate our expertise and compile the results to form your organization’s Risk Profile.
A Summit Energy Risk Profile establishes a guide for justifying energy risk management decisions. No longer is every decision a unique event requiring debate and discord between company stakeholders. By documenting the expressed goals of all stakeholders and establishing an agreed-upon consensus, decision makers can readily follow and communicate the rationale for taking positions in the market.
Align your market positions with your corporate objectives. Contact us to learn how.
- Data Management
- Strategic Sourcing
- Rate Analysis
- Budget Development
- Risk Management
- Market Intelligence
- Online Reporting
- Producer Services