In the ever-evolving landscape of the energy sector, risk mitigation stands as the keystone for sustainable growth and stability. The “Navigating the Currents” panel brings together leading experts in energy procurement, hedging and trading to delve into surviving market volatility. This session will explore the latest methodologies in identifying, assessing, and managing the multifaceted risks inherent in the trading of natural gas and power.
Panelists will discuss advanced analytical tools and risk assessment models that forecast market movements and help shield their operations from potential disruptions and losses. Discussions will extend to risk management strategies and tactics, from the utilization of derivatives and hedging to innovative insurance products to maximize market opportunities and provide a blueprint for attendees to understand how leading firms navigate inevitable market uncertainties.
As the energy market continues to integrate renewable sources and digital technologies, the panel will also provide a forward-looking perspective on the impact of these shifts on risk profiles and trading strategies. Attendees will leave with a comprehensive understanding of how to turn risk management into a competitive advantage.
Join us for an illuminating discussion that promises to empower energy professionals with the knowledge and tools to master the art of risk mitigation.
Native Cloud vs. Cloud-Enabled Solutions: Which One Should You Choose
/ by / EMC Newsletter
The emergence of SaaS solutions and cloud applications has brought about numerous innovations and almost endless possibilities. However, it has also created confusion for many. As an umbrella term, cloud-based applications can generally be divided into two categories: Native Cloud and Cloud-Enabled. It’s critical to know the differences between these application types when investing in […]
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Flip the Script: Focusing More on Client Retention
/ by / EMC Newsletter
The big debate for marketers is whether to focus on net new customers or to devote time to retaining existing customers. Retail Energy Providers (REP) can learn a lot from many of the large telecom, wireless, and cable operators. These companies have evolved significantly over the last two decades in their sales and marketing efforts. […]
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How Energy Retailers Can Reduce Their Cost to Serve
/ by / EMC Newsletter
Across the globe, energy retailers are seeing an increase in the number of market participants. Only the fittest will feast; the rest will starve. In highly competitive markets like the US, the organizations that thrive will be the ones with the greatest control over their costs. Most retailers focus on two key metrics in the battle for profitability: The […]
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Leveraging AI to Maximize Customer Retention and Acquisitions
/ by / EMC Newsletter
The deregulated retail energy market is a voracious landscape, with new competition flooding the marketplace in droves, trying to acquire as many RCEs they can get their hands on. However, the deregulated market has put the power in the hands of the consumer as they search to find the provider that offers the optimal plan(s) […]
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Energy Marketing Conferences Announced today That it is Running Two Free Webinars
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“How to Incorporate Renewable Solutions into Your Retail Offerings” and “The Perfect Storm: Industry Impacts of the 2020/2021 Crises.” iCrowdNewswire Jun 14, 2021 7:00 AM ET Energy Marketing Conferences (“EMC”) announced today that it is running two free webinars: On June 29th it will run “How to Incorporate Renewable Solutions into Your Retail Offerings,” and on July […]
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Six Keys to Great Leadership in Difficult Times
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By Jack Doueck Leadership is about dealing with change and helping others to deal with change in the most productive way possible. In 2020 tens of millions of hard-working people in all industries lost their jobs and tens of thousands of businesses closed. In the USA alone over a half a million people died due […]
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How Smart Thermostat Programs Can Grow REP Revenue and Profitability
/ by / EMC Newsletter
By Energy Marketing Conferences Smart Thermostat programs offered by Retail Energy Providers can accomplish three goals. They can help REPs mitigate exposure to real-time price volatility creating significant supply savings; they can create a new revenue stream for the REPs (through customer participation in demand response programs) and they can help REPs acquire and retain […]
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Prevent the Loss of 41% of Your Customers
/ by / EMC Newsletter
People want and expect a personalized brand experience, so much so that they may leave your utility if they don’t get it. An Accenture study showed that 41% of consumers switched companies over a lack of trust and poor personalization, costing businesses $756 billion. Personalization refers to offering services and sending messages or content that […]
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Drive Bottom-Line Growth & Service Innovation With A Smarter CX Strategy
/ by / EMC Newsletter
By Jennifer Moore Energy has historically lagged behind other industries in offering first-class digital-led customer experiences. But the rise of the connected consumer is increasing expectations, while digital-native market entrants are forcing everyone to up their game. Let’s take a deeper dive into the fast-evolving world of CX for retail energy: Today in the US […]
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Digital Engagement Is Growing For Energy Customers
/ by / EMC Newsletter
by Bethany Farchione Energy utility customers are engaging with digital communications from their energy providers more than ever before. Data from the newly released 2021 Energy Utility Benchmarks Report showcases a rise in digital engagement across the board. Utility customers opened more emails and engaged with more content than years past. Overall email open rates in 2020 […]
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