Risk mitigation

Manage risks at all times and in all situations

Mitigate electricity market risks with continuous forecasting

To manage risks in physical electricity procurement, it is crucial to understand how production, market dynamics and trading are interlinked. Ideally, companies make an accurate production plan and then buy the amount of electricity needed from day-ahead energy markets. However, any unpredictable change in the production process or markets can cause deviations from the plan. By combining continuous forecasting and access to relevant energy markets, companies can minimize the costs caused by forecast errors.