Risk management strategy low priority for many European energy buyers: survey
Most respondents think oil prices will rise – but few have risk management policies in place to cope with it
Most European energy buyers have no formal risk management policy in place, despite expectations that energy prices will rise further this year, according to a survey by energy and carbon consultancy EnergyQuote JHA.
Only 12% of major European energy buyers have recently reviewed their energy procurement risk management programme, and over half have no formal risk management policy in place to deal with rising energy prices, the survey found.
Many respondents expect oil prices to rise gradually
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