Risk Management
Concentric's consultants provide advisory services to energy industry executives in the area of risk management, including:
Services
- Enterprise risk management program development
- Hedging strategies for regulated and non-regulated companies
- Utility hedging protocols and decisional documentation
- Expert testimony for power costs and risk management practices
- Risk management governance, policies and procedures
- Counterparty risk analysis
- Margin call and working capital analysis
- Risk management system selection
- Disclosures of risk factors and risk management practices
- Integration of risk management and strategic planning
- Compliance programs and reporting
- Risk management training for company managers
Experience
- Concentric staff developed a long-term strategic plan for a global energy trading company that addressed market dynamics, competitor analysis, emerging trends, and risks and mitigation relating to business development opportunities in the western US wholesale power market.
- Concentric provided an expert report on behalf of a midwest integrated gas and electric utility regarding the economic impacts of a proposed PPA with an IGCC plant under development. The expert report focused on the significant economic risk associated with the proposed PPA terms as well as debt impact of proposed PPA.
- Concentric staff developed and led enterprise risk management training for leaders in aviation, marine, engineering and corporate divisions.
- Concentric staff provided advisory services addressing risks and opportunities in conventional and clean-tech energy investments on behalf of a large private equity firm.
- Concentric staff served as Interim Risk Management leader for a competitive retail marketer, focused on improving risk reporting, enhancing risk management infrastructure, and recruiting new employees.
- Concentric staff served as an advisor to executive risk committee for a southwest utility, helping the company prepare for meetings with Board members, rating agencies, and banks. Developed improvements to risk reports addressing new regulatory treatment of fuel costs and enhanced risk analysis to test hedging strategies on portfolio exposures.
Ryan, J., & Lieberman, J. (2011) New Trends in Utility Hedging Programs [White paper].
Risk Management Services Contacts
