Portfolio Management TOP
URICA’s unique approach to Portfolio Management is based on discipline, proactive planning, and ongoing monitoring. URICA Energy Management works with energy consumers and energy producers to protect against commodity-associated price risks that can impact business profitability.
Across all major commodities, we are proactive in monitoring any changes in a client’s energy consumption/generation, exposure to price risk, sources of physical supply, and contractual obligations. This allows us to protect against commodity market volatility – and turn risk into opportunity.
With a complex array of choices, URICA works with clients to build a strategic plan that will clearly identify options that will either produce the highest returns or stabilize consumption costs: all while reducing exposure to market risk.
Energy Commodity PositionsTOP
Portfolio management begins with developing a firm understanding of your commodity position. Regardless of whether you are long or short electricity, natural gas, or any other energy commodity, URICA uses an integrated approach to direct your energy portfolio with greater insight and discipline.
- Natural Gas
We implement policies and processes to effectively address the physical supply and price risk of fuel exposure, resulting in flexibility to manage and control expenses. Our commodity position management is tailored to each client’s business model and unique needs.
Industrial entities in Canada are required to manage their carbon emissions under the Greenhouse Gas Pollution Pricing Act implemented through the Output-Based Pricing System Regulations (OBPS). In Alberta, emissions are handle through the Technology Innovation and Emissions Reduction Regulation (TIER).
URICA provides assistance to the quantification of carbon exposure, assessment of emission standards, elaboration of methods to manage both physical and financial exposure, establishment of a plan of action, execution of competitive auctions for position coverage (long or short), and ongoing reporting. While URICA does not broker transactions, we work on behalf of our clients on a fee-for-service basis to establish price discovery for offsets and credits in the carbon market, whether it be the purchase or sale of products.
Hedging & ProcurementTOP
What sets URICA apart is our ability to directly access the OTC trading and wholesale forward markets to seek viable indicative bids and executable transactions. By leveraging our counterparty relationships and contract knowledge, we can negotiate competitive prices to economically maximize your energy position.
Because we are an active participant in the market, we continuously monitor price movements and trends and are able to identify favorable price opportunities for our clients. And, URICA itself does not hold an energy position – ensuring there are no conflicts of interest in your supply procurement process.
Policy & DocumentationTOP
URICA will increase an organization’s understanding of energy risk. We provide support and tangibility to your energy management, and help you create corporate policy and documented processes to match your energy goals. This way, any unfavorable business event risk can be mitigated through concrete policy that has been pre-approved by senior management.