In prior columns, we addressed ways to apply some types of financial instruments (e.g., hedging, weather insurance) to limit the impact of price volatility on retail energy bills. While such options are designed to control such uncertainty, many facility managers see them either as gambling or too much like the economics class they slept through back in college. Some feel handicapped by their lack of knowledge of the lingo and concepts involved.
Below, find a brief guide to educational resources for applying financial methods in energy procurement and cost control. While most are designed for energy brokers and suppliers, endusers and their consultants could also benefit from accessing such materials.