Risk management in the energy sector is becoming significant due to regulatory changes and the development of the power trading market. Companies in the energy sector are exposed to a number of financial risks associated with generating, selling and distributing energy. Main among these are market risk (currency risk, liquidity risk, price risk, interest rate risk), credit risk (industry and exposure group concentration risk and/or default risk). We have developed a proven and practical methodology and analytical tools for companies in the energy sector (best industry practices, peer analyses) relating to risk management such as METRICS (Measuring Energy Trading Risks & Internal Control Structures), Energy Risk Evaluator, and Global Best Practices that enable the financial risk to be assessed in the following areas:
- strategy and methods for identifying, controlling and assessing risk
- risk management system infrastructure
- operating processes and risk management
- technological and system infrastructure (IT)
Our services include both the assessment and the comprehensive design and implementation of simple and advanced risk management framework/models (including scoring-and-rating systems), taking into account the aforementioned elements. We have a proven track-record in cooperating with the leading international and domestic energy sector companies in this area.
