The Datapred blog

Raw materials, energy, procurement and technology.


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Energy buyers: speculation vs. optimization

on Mar 13, 2024 11:15:00 AM By | Datapred | 0 Comments |
There was a time when energy buyers often reacted to the description of Datapred's buying and hedging optimization capabilities with an offended comment: "we are not speculators!"
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Measuring the risk of your energy hedging strategy: two simpler alternatives to Value-at-Risk

on Aug 11, 2023 3:37:05 PM By | Datapred | 0 Comments |
In response to growing energy price instability, numerous industrial companies in Europe have begun exploring the possibilities of energy hedging. But hedging is a risk management technique... that carries its own risks, and quantifying the potential downside of hedging strategies is crucial.
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How much do natural gas storage levels really influence natural gas price fluctuations?

on Jul 26, 2023 7:30:02 AM By | Datapred | 0 Comments |
For energy-intensive companies, understanding and anticipating natural gas price fluctuations is critical. And natural gas storage levels always feature prominently in qualitative comments on European gas markets. It makes sense: low gas inventories should herald price tensions, while high gas inventories should create slack in the gas market. But can quantitative analysis confirm that intuitive relationship?
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Testing seven gas hedging strategies - And finding the best one

on Jun 20, 2023 4:02:33 PM By | Datapred | 0 Comments |
Faced with intense price pressure, an energy-intensive company recently used Datapred to test gas hedging strategies, as part of a larger cost reduction initiative. Here is a summary of the significant cost and risk optimization potential the company uncovered.
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Datapred announces support for power purchase agreements

on Jun 1, 2023 10:58:07 AM By | Datapred | 0 Comments |
Energy buyers can now seamlessly integrate PPAs into their situation reports and simulations.
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How often should you reassess your energy procurement strategy?

on May 24, 2023 9:46:34 AM By | Datapred | 0 Comments |
Industrial energy buyers have traditionally focused on end-of-year negotiations with utilities. But there is growing pressure from boards of directors for these buyers to be more flexible and reactive in their approach. Should buyers comply, and if so, how often should they reassess their buying or hedging strategy?
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Datapred announces integration of GPT-4 into energy procurement software

on May 9, 2023 8:38:42 AM By | Datapred | 0 Comments |
The ground-breaking AI will help energy buyers with reporting, market analysis and decision making.
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5 limitations of Excel for energy buying reports

on May 3, 2023 2:00:23 PM By | Datapred | 0 Comments |
Most industrial energy buyers we talk to still use Excel for record-keeping and reporting. But with prices now fluctuating significantly and transactions becoming more complex, maintaining spreadsheets full of data is turning costly and error-prone, causing more stress for buyers and losing money for their businesses. So it seems that energy procurement, like other corporate functions long before, has finally reached the limits of Excel for reporting. We see 5 limitations that energy buyers should be aware of.
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Datapred announces new Situation module

on Mar 8, 2023 3:20:20 PM By | Datapred | 0 Comments |
The new module will complement the existing Markets (market analyses) and Decisions (decision support) modules of the software.
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What is the impact of China on European gas prices?

on Feb 10, 2023 11:38:26 AM By | Datapred | 0 Comments |
Our solution for energy and raw material buyers can identify and quantify the drivers of energy and raw material prices. Following a client suggestion, we have recently tested whether Chinese economic activity had a measurable impact on European gas prices - the rationale being that at 10% of worldwide gas consumption, China has enough market power to move international gas prices.
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