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Buying your way out of trouble

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Industrial and commercial energy end-users – especially smaller companies – have often regarded energy purchase as a one-off procurement exercise. Energy is treated as just another utility service, to be bought in bulk periodically. With a falling market for electricity and low prices, some companies have recently been prepared to commit to two-or three-year deals (see box below).

Yet the regular annual purchasing round, typically in April and/or October, is still the norm. Customers

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CRO interview: Brett Humphreys

Brett Humphreys is head of risk management at environmental markets specialist Karbone. He talks to Energy Risk about the challenges of modelling outcomes in unpredictable times and how he’s approaching the risks at the top of his risk register

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