Energy: Which References to Use?
Decisions are typically based on competitive comparisons. So, how do you develop a strategy to ensure your energy is competitive with the market's "frontrunners"?
In my experience, there is a list of approaches that deserve consideration. Here are three that are worth your attention. Of course, each case requires a specific assessment, as there may be (many) more!
1) When should you lock prices for future delivery?
This question is crucial, as variations are often significant.
2) What should your energy source portfolio be?
Diversifying sources is a safeguarding approach that tends to reduce risks.
3) Monthly management of "surplus" energy
Depending on short-term prices, it will be worthwhile to choose sources to maximize profits by selling the "surplus" at the spot.