Managing change in energy markets

Adapting to change is essential for companies in the ever-evolving energy markets. Risk managers are well placed to take a leading role in change management. Jay Jayasuriya and Julie Shochat of Enite set out a change management plan

Barometer of change

Participants in traded energy markets regularly face challenges demanding operational changes. Whatever the source of the demand to change – from adaptations in market design to regulatory shifts to natural disasters – affected organisations must react effectively in order to minimise damage and optimise opportunities. Successfully adapting to these regular changes can be streamlined by taking a structured approach. This means forming a readiness plan by carefully assessing the situation and

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