Strategy. Fixed future block prices for volatile summer and winter periods. Floating day-ahead, index prices for other periods.
Execution. Three separate future hedge transactions were completed based on market data - each hedge resulting in a lower cost for the client.
Results. Years 1-3 resulted in a 10.1% reduction in power supply costs. Years 3-5 resulted in an additional 5.9% reduction. Years 5-7 resulted in an additional 5.1% reduction.