Case Study: CleanChoice Energy strengthens renewable energy risk management with Beacon by Clearwater

CleanChoice Energy serves over 200,000 customers with Clearwater Analytics

CleanChoice Energy, a renewable power provider, faced challenges in managing complex energy trading and risk as it grew. They needed to optimize load delivery, hedge power purchase costs, and maximize green energy credits, relying on cumbersome manual models. They partnered with Clearwater Analytics to implement its Beacon platform, a cloud-based energy trading and risk management (ETRM) software.

Clearwater's solution enabled CleanChoice to build a proprietary toolkit for valuation, sensitivity analysis, and risk reporting hosted on Beacon. This gave them real-time market views and advanced analytics. As a result, CleanChoice increased its market share by offering competitive, profitable rates, gained the ability to stress-test scenarios, and maintained clear risk reporting for executives and investors.

CleanChoice Energy