Energy: the Consequences of Volume Destruction and How To Manage the Risks

Due to a massive reduction in demand, Power and Gas wholesale prices are at unprecedented lows. This may present opportunities to procure energy at 20-year lows, BUT only for those organisations that have a robust consumption forecast. 

Conversely, where demand is lower than previously forecasted, there is the risk of ‘Take or Pay’ clauses being enacted by utility suppliers whilst other Organisations may be forced to ‘reforecast’ their consumption down. It is likely any sell back of previously hedged volumes will be at a loss, which could result in budgetary issues and an increased cost per Kwh of any volume remaining.  

LG Energy Group (LGE), which provide energy consultation, intelligence and procurement servicesare perfectly placed to provide the correct strategy to enable BPF members to take advantage of the opportunities that are now apparent and to manage volume risk due to a reduction in consumption. 

LG Energy Group (LGE) will present a webinar on "Energy: the Consequences of Volume Destruction and How To Manage the Risks"

Date: 9th of June
Time: 12:00pm - 12:45pm 
The webinar will cover the following areas: 

• Coronavirus Economic Impact
• Impact on Energy: Consumption – fixed and flex utility contacts 
• Impact on Energy: Wholesale Price Chart (20-year lows)
• Risks to Clients
• Key Client Issues
• Solutions

Register for the Webinar