NATS saves £1.7 million in hedging programme
Major end-user NATS saved £1.7 million after installing a new hedging strategy and energy risk management programme
NATS, one of the world's largest air navigation services providers, landed more than £1.5 million in savings after the independent energy broker Bergen Energi UK installed an electricity procurement programme, to counteract volatile power prices.
The hedging strategy and portfolio management scheme involves forward buying and price optimisation on the UK power markets.
Like many major energy end-users, NATS' requirements to offset energy risk are specific to its distinctive organisational
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