Profile: Constellation NewEnergy
Constellation NewEnergy has earned a reputation for effectively manoeuvring its clients through the highly volatile US electricity markets. Jayne Jung reports on the company's i2i online risk management programme
Baltimore, Maryland-based Constellation NewEnergy (CNE), a wholly owned subsidiary of Constellation Energy, the largest wholesale power supplier in the US, has started sharing some of its secrets.
Unlike some firms that guard their risk management techniques with zeal, CNE has created a business out of helping some of its clients - which include two-thirds of the top 100 US-listed companies based on revenues - manage energy price volatility using software it developed internally. The company
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