Insights / Risk Management
Generational change: Experienced senior staff are leaving
Many organizations face a growing challenge as senior employees leave the organization, taking with them significant knowledge and experience. Outsourcing expertise can be an effective way to fill the knowledge gap quickly, while lowering costs and reducing risks.
read moreElectricity price behaviour in Ontario is changing
Increased reliance on gas-fired generation will lift hourly electricity prices in Ontario. Higher HOEP and greater demand will lower Global Adjustment costs. It's a dynamic Ontario consumers have not seen in a long time.
read moreAct now to reduce the impact of business disruption on energy costs and risks
The sudden shutdown of operations imposed on many organizations by COVID-19 is having profound impacts on organizations and the people within them.
With sudden and widespread change, it is hard to identify all the necessary actions and prioritize them. For many organizations, the change in operations will affect their need for energy.
read moreAn 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.
read moreCommodity price risk management: when to hit the brakes
You’re hitting the road for your daily commute. Driving can be risky and you want to arrive safely at your destination. You consider yourself a careful driver and you’ve adopted a strategy of maintaining 50% braking force for the entire journey.
Wait, what? Nobody drives like that.
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