It’s about deciding how much uncertainty your business can comfortably carry—and acting before the market makes that decision for you.
A sensible strategy should reflect your budget, appetite for risk and operational priorities. For some businesses, that means fixing costs early. For others, it means buying in stages or retaining some market exposure.
There is no single right answer. The important thing is having a clear plan rather than relying on hope or reacting under pressure.
If your energy contracts are approaching renewal, now is a good time to define what an acceptable outcome looks like.
Energy risk management isn’t about trying to predict the market perfectly.