Choosing the right energy product – much more so when the volume of consumption is large – now requires professional management
The energy crisis and rising electricity prices have changed the behavior of consumers, who – especially large companies – are now increasingly looking for fixed charges that allow them to control their costs. Possibly losing the benefit of the low prices that occur from time to time, but avoiding the large increases that also occur from time to time.
“Before the crisis we advised our large customers fed by the average trend to book fixed tariffs to avoid increases. Only two companies responded. Today we are closing agreements for fixed tariffs for up to five years” said sources of a large energy company.
The same applies to a certain extent for small (domestic and professional) customers. Customers in the medium trend (commercial chains, industries, etc.) have the additional advantage of being able to lock in fixed prices a part – smaller or larger – of their consumption and the rest being exposed to market fluctuations, towards up or down. Thus, they limit the risk of rising prices, preserving to some extent the benefit during periods of low prices.
As the same sources stated, the choice of the appropriate energy product – much more so when the volume of consumption is large, as is the case with average voltage – now requires professional management, access to transmission networks, markets and energy exchanges outside Greece, high liquidity, etc. .
Conditions available to large energy companies that are already active in the domestic as well as foreign markets, offering businesses such services. It is indicative that the final energy charging price or the “formula” for determining it results from a “basket” in which thermal production units, renewable sources, imports, risk hedging tools, and the energy exchange participate.
For this reason, artificial intelligence technology, which has the ability to handle huge amounts of data in real time, is now being used in the daily management of energy purchases and sales.
Source: Skai
I am Janice Wiggins, and I am an author at News Bulletin 247, and I mostly cover economy news. I have a lot of experience in this field, and I know how to get the information that people need. I am a very reliable source, and I always make sure that my readers can trust me.