The difference between retailers that stay in business and those that flame out is often the effectiveness of their risk management.
This winter, we’re looking at the potential for a weak La Niña. There’s a 60-75% chance we’ll enter La Niña conditions, but it’s expected to be a milder version. With no strong signal in play, it means almost anything could happen. The Southern and Eastern U.S. are forecasted to be warmer and drier than average, while the Pacific Northwest is likely to see cooler and wetter conditions.
What does this mean for the grid? Download our ebook to find out.
With accurate demand forecasts in place, retailers will gain a competitive advantage in acquiring and retaining customers. The money saved with smaller risk premiums and reliable cost-savings in the wholesale market can be put to more aggressive price offerings. Plus, they can develop more complex customer programs if they have robust models to forecast them and manage the risk.
This is where you can stay up to date on Amperon.
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