Critical to any energy risk management and procurement effort is a comprehensive strategic assessment and plan.  The business manager needs to understand the factors and risks that affect the procurement decision, the service options and financial outcomes.  Tradition addresses this issue with its Strategic Energy Risk Management Services.  After obtaining an understanding of the client’s risk tolerance and energy related financial and hedge objectives, the analysis will include:

• Summary of the client’s existing energy usage, spend, contracts and exposure, including an interval data analysis
• Review of current market conditions and trends, including the fundamental drivers behind these trends and their implication for the client’s energy supply cost and service opportunities
• Review of the client’s strategic supply alternatives by location, including a description of the risks and  benefits of each procurement or service option
• Recommended energy services and procurement plan and budget implications