Policy Shaper

Four Steps to more Effective Risk Management

The npower Policy Shaper service has been developed to help you understand your company’s risk profile, the market conditions in which it operates and consequently deploy best practice risk management techniques.

Policy Shaper can be used as a framework to help formulate an effective and bespoke purchasing strategy, with processes for managing energy procurement risks.

Not only can we help you understand, identify and formally agree your own appetite to risk by formulating a policy, we can then help you to monitor exposure to market volatility by providing necessary tools that assist with tactical and controlled purchasing decisions.

Asking the right people the right questions

The process starts with a series of questions to assess your existing framework and then determine how open you are to risk in purchasing your energy. We can then help you to develop your own energy policy and procurement strategy based on this information.

The illustration below details the different stages in shaping a tailored risk policy and strategy, using our comprehensive catalogue of risk management tools for managing flexible purchasing decisions:

Monitoring risk exposure

Value at Risk and Price Setting Report tools complement our Policy Shaper Service by providing information relating to a business’s open position.