Report
The difference between retailers that stay in business and those that flame out is often the effectiveness of their risk management.
Retailers have access to the same tools for managing their exposure to market volatility. They can hedge against price increases by locking in futures contracts, and they can tune their positions with options and swaps. What competing retailers often don’t have is the same access to accurate demand forecasting. The accuracy of these predictions can determine the profitability of one retailer, or the collapse of another.
With the increased complexities of the energy transition, retailers regularly face the existential threat of getting their predictions horribly wrong.
In this paper, we examine:
With accurate demand forecasts in place, retailers will gain a competitive advantage in acquiring and retaining customers. The money saved with smaller risk premiums and reliable cost-savings in the wholesale market can be put to more aggressive price offerings. Plus, they can develop more complex customer programs if they have robust models to forecast them and manage the risk.
Compared to the ISO.
On forecasting analysis and scheduling bids.
In the US, Canada, Australia.
On purchasing wholesale energy.
Amperon provides the highest precision electricity analytics to help companies manage risk and navigate volatile energy markets.
Our award-winning machine learning models provide demand and supply analytics for every hour of every day – giving your portfolio the most accurate forecasts when it counts.