{"id":85,"date":"2018-01-12T08:50:38","date_gmt":"2018-01-12T08:50:38","guid":{"rendered":"http:\/\/34.227.100.216\/?page_id=85"},"modified":"2024-02-27T14:46:40","modified_gmt":"2024-02-27T14:46:40","slug":"energy-sourcing","status":"publish","type":"page","link":"https:\/\/venienergy.com\/energy-sourcing\/","title":{"rendered":"Energy Sourcing"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]VENI Energy Group is the leading service provider for Energy Sourcing and risk management of electric power to businesses in the Nordics. With close to 30 years of experience, we have more than 48,000 customers in Finland, Sweden, and Norway, with a total consumption of more than 11 billion kWh per year. VENI\u2019s Nordic team of experts manages this volume, making qualified decisions based on expertise from the wholesale market and broad insight into to the risks and opportunities in the Nordic power market.<\/p>\n

For our different service offerings, the team continuously examines the market to evaluate when to hedge and how to source power. In all service offerings, the customer portfolios\u2019 environmental footprint is considered with VENI sourcing power with renewable and carbon-free origins. VENI’s services reduce risks while securing long-term competitive terms for our customers. By monitoring the market in the short and long term, procurements and hedges are made at the right time to protect our customers from market volatility and rapid price increases.<\/p>\n

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“VENI Energy Group is the leading provider of electricity sourcing services across Finland, Sweden and Norway”<\/p><\/blockquote>\n

Portfolio Management<\/strong><\/h3>\n

Since 2006, VENI has offered its Portfolio Management service, where a key driver is the benefit of scale. By pooling customers in large joint portfolios, we give SMEs the same opportunities in the market as large-scale industrial consumers. As part of a portfolio with a large combined volume, VENI gradually builds up hedge positions for your future volume, using different contract types to optimize risk management. VENI’s hedged price is typically the result of 36 months of active portfolio management. Over time, this has proven to reduce risk for our customers in the event of sudden price fluctuations while also giving the customers a stable and low electricity cost. When using different types of hedging contracts, the portfolio is positioned to take advantage of lower prices in the short term. We aim to secure a predictable and competitive electricity price, with the possibility of a lower price if the market price falls. In periods where the market conditions are favorable, VENI may choose to fully hedge the expected consumption for the next one to three quarters and guarantee our customers a fixed price ceiling for the period.<\/p>\n

Benefits of the Portfolio Management model:<\/strong><\/h3>\n