JUPITER is your energy partner.
JUPITER is focused on your needs for independent, objective advice and reliable processes to help you develop and implement plans to achieve your objectives while controlling costs and managing risk. Whether your challenge involves controlling natural gas price risk, accurately budgeting electricity costs, or developing a realistic pathway to decarbonizing your operation, we can help.
In mythology, Jupiter was the guardian and protector of the gods. In astrology, Jupiter was imbued with wisdom and insight, and credited with bringing prosperity and peace of mind. Like our namesake, JUPITER Energy Advisors applies our knowledge, influence and wisdom to the protection, prosperity and peace of mind of our clients.
Services
The expert team at JUPITER will guide you to developing an effective strategy for achieving your energy objectives, and support you in realizing results.
Insights
Energy decisions are complicated. Instead of relying on intuition, assumptions or conventional wisdom, smart energy managers look for practical strategies that are evidence-based and offer a confident path forward in an uncertain world. The team at JUPITER is experienced in all aspects of the energy marketplace. As practitioners and as analysts, we think deeply about the behaviour of markets, evolving energy policy, the nature of risk, emerging threats and opportunities for energy users, and the challenge of making sound decisions in uncertain conditions. We are eager to put our insights to work for you.
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RFPs are not a good tool for procuring expertise
Many organizations faced with the need to source energy sector expertise resort to that old procurement warhorse, the Request for Proposals, or “RFP”. Some public buyers consider themselves compelled to use an RFP when obtaining the professional services of a consultant or advisor.
Yet the RFP is a fundamentally flawed tool for procuring the expert advice needed to solve a complex problem.
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Hedging, a tool for price risk reduction, not cost reduction
Energy buyers are tasked helping their organizations lower costs and manage cost uncertainty on the energy they need to operate. Energy price hedging is an important tool for accomplishing that goal. But to hedge effectively, we must clearly understand what hedging is for, and what it is not for. Only with the goals clearly in mind can we implement a strategy that will be successful.
In talking with energy buyers, it commonly emerges that many view energy buying as a speculative process. They see their job as requiring them to understand where the market is going next, so they can buy at the bottom and “lock in savings”. But the energy market is inherently uncertain, and no one can consistently predict market direction or the timing of market movements. Sounds like a stressful situation for these buyers!
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An effective risk management program is risk-responsive
It is useful to think of risk as “the impact of uncertainty on your objectives”. Nothing in our future is certain, but we need to identify when the degree of uncertainty and the potential consequences of uncertain events are big enough to really matter. If so, then we need to do something to manage that risk. Otherwise, we can just go about our business.
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