Manage your weather-related risks with a first class hedging solution
Weather not only
affects consumption patterns, it also determines stable transmission and production of gas and electricity—a harsh winter causes demand and prices to peak, stormy weather disrupts gas tanker deliveries and cloudy days affect solar power generation. Volatility in weather phenomena when combined with price volatility of gas and power can have an adverse financial impact on your company.
Regardless of whether you are an energy consumer, transporter, retailer or producer, WeatherFlex provides customized solutions that best reflect the nature of the weather risk you face and your financial objectives.
How it works
We challenge climate risk and offer you a solution guaranteeing fixed prices for climate-dependent gas or power volumes, that can be subject to high price variations.
Benefits with WeatherFlex
ENGIE relies on its expertise in weather risk management to propose fully integrated solutions for its clients:
- Helping clients build a weather/energy index that best reflects their risk
- Designing a cover structure that meets the clients’ financial objectives
- Trading a wide panel of tailor-made weather-related productsInsuring the relevant legal framework
- Providing frequent reporting on energy/weather risks
We’ll analyze your weather risk by looking at all the potential risks you are exposed to, including market price risk. We’ll then fit it to a risk function that looks at daily, weekly and seasonal fluctuations in climatic factors. The product is then customized depending on what types of risk you want to hedge against. This tailor-made product will help you cover against the specific risks you’re exposed to and ensure that your financial performance is not affected by adverse weather conditions.
The estimated financial impact of weather risk on the French energy market
Annual volatility in intermittent renewable energy production
Contact our experts for solutions that meet your needs