Case Study: a municipal power utility serving over 200,000 people achieves clearer net power position and optimized hedging with ION FEA’s @Energy/PowerWorks

Municipal Power Utility Service Providing Company - Customer Case Study

A municipal power utility serving a California city of over 200,000 people came to Allegro Commodity Management with a challenge. The company needed to accurately forecast its net power position and market exposure but could not adequately account for the volatilities and uncertainties of the power market. This lack of clarity presented significant risks for over-purchasing, deficits, and unproven hedging strategies.

To solve this, the utility implemented Allegro Commodity Management's @Energy/PowerWorks solution. This provided them with detailed volatility forecasting and a complete, real-time view of their total net position. As a result, the company optimized its hedging and purchasing strategies and gained the precise data points needed to confidently justify its risk management and rate negotiations with city regulators.