Gas Trading

This is a competitive world, and one which is changing rapidly. The energy market is facing a raft of new legislation and targets for emissions, provision and supply that will require you to fundamentally evolve your business. To do this you need systems and processes which support what you do now, and help you innovate for the future.

MARKET CHALLENGES

Security of supply: Access to affordable gas used to be easy but now you are increasingly dealing with rising costs and importing gas from further afield. This situation leads to price volatility and raises numerous questions about sustainability. You must plan for instances of forced interruption due to lack of supply or infrastructure inadequacies, such as storage capacity and the resultant cost implications.

Climate change: This is a complex development for the industry which raises issues surrounding the diversity of supply, the desire to decarbonise and the aim to reduce dependency on fossil fuels.  It also means you must balance the goals of a green agenda with sound business sense. The need to work innovatively to achieve this balance will become paramount.

Competition: It is imperative that you know your business inside and out to dominate the energy trading market and compete on price whilst effectively managing risk. Good business intelligence is fundamental; you must understand your customers’ and competitors’ behaviour so you can plan and trade accordingly. Smart metering can provide a lot of the data you need but this data needs to be captured, managed and used effectively to have an impact on your business.

Download PDF (.3mb)