Inside the Decision Room: Managing Risk with Flexible Procurement with Robbie Fraser
Our session focused on managing risk when it comes to energy procurement of natural gas and power. We covered the unique volatility that’s impacted energy markets in 2026 and what successful companies are doing to effectively navigate those conditions.
Key Takeaways:
- Preparation is key: Successfully navigating market volatility means having a plan for how you’ll navigate price risk before it shows up.
- Define what success looks like: everyone wants to pay the lowest price possible, but what are you really looking to get out of an energy risk management program? Is it year-on-year savings? Hitting a specific budget? Avoiding extreme spikes? Answering those questions should help guide procurement strategy to maximize the chance of success.
- Lean on expertise: energy procurement and risk management is full of complexity, and that’s especially true in current market conditions. It’s critical to be able to lean on deep expertise on markets, procurement, strategy, and the logistics of how all those pieces interact day-to-day in order to quickly identify opportunities and take advantage.
"From geopolitical risks to seismic shifts in supply/demand dynamics, energy markets are changing faster than ever. This year has again demonstrated that predicting tomorrow’s market must go beyond analyzing yesterday’s data. A successful risk strategy means embracing that uncertainty and formulating an action plan that helps you achieve your goals not just under base case expectations, but through all the twists and turns ahead."
Contributor:
Robbie Fraser