Volatile Energy Costs – The Unexpected Margin Thief
Few costs impact a company’s bottom line more directly than its energy spend. Today’s volatile markets have put an additional focus on the corporate energy procurement and budgeting process. Developing a sophisticated procurement plan has become a necessity. What are the industry best practices in setting a strategic energy purchasing strategy?
Dan Conrath Senior Vice President INTL FCStone Financial Inc.
Dan Conrath is Senior Vice President at INTL FCStone Financial Inc., FCM Division. With over 25 years of experience in energy price risk management, Dan has led advisory projects for many of the largest utilities in the U.S. as well as several Fortune 500 food & beverage companies. He is a regular instructor in energy price risk management education and has presented risk management topics before numerous state and city regulators. Dan has significant practical experience in guiding utilities and energy-intensive companies on the best application of risk management methodologies for their respective cultures and risk tolerances. He oversees the execution of approximately $16 billion (notional value) in energy contracts for INTL FCStone clients each year.