Energy evolution is creating emerging challenges to risk management
Our CCRO community of energy companies recognizes that as a company pursues its strategy to thrive in today’s rapidly changing business conditions, many new risks must be understood & managed. Renewable asset deployments often develop more rapidly than the related markets or hedge instruments. Asset portfolio strategy choices and compliance pressures under changing regulations bring significant risks to deal with…yet bring opportunities as well.
Risk managers tasked with addressing these new and emerging risks must face many challenges in order to bring the best risk management practices within reach.
Things are changing fast and need to be better understood by risk professionals.
Addressing these challenges and opportunities from a risk management perspective are at the core of what we are all about…
It is increasingly clear that todays changing energy industry brings opportunity and risk for energy companies. New standards and best practices developed by our industry practitioners will help companies navigate risks responsibly.
The changes underway with our energy generation mix impacts the core risks that the CCRO has been addressing for almost two decades: Credit, Market, Operative, Business, and liquidity risks. We have a wealth of industry knowledge and insight to draw from.
Amidst all this industry change, the CCRO continues to be an important communication channel between industry, regulators, and solution providers in all these areas.
What’s Next? Our March 2025 discussion highlights…
We had a discussion with members at the March 19th CCRO members’ meeting, which raised some key topics which the group would like to address in the months ahead. The report can be downloaded at right…
Can we identify and implement the best membership engagement and feedback mechanisms for this working group?
How should the group address the emergence of lithium and hydrogen markets? Are there possible constructive roles for the CCRO in their development?
How best could we explore the importance of technology in energy and market structures?
Could the group explore recent regulatory changes and their impact on energy strategies?
Join Our Growing Team of Risk Practitioners…
The working group includes more than fifteen of our CCRO member companies, bringing over thirty energy risk professionals together to contribute their expertise and resources to our shared development efforts. We thank our project managers that have brought together such an insightful group of energy risk professionals.
For more information about the working group participants, please contact us at info@ccro.org
The Energy Evolution Project Managers:
Mike Prokop
Alliance Risk,
Project Manager
Jamila Piracci
Roos Innovations,
Grp Coordinator
Janine Mcardle
Comet,
Grp Coordinator
Tom Birmingham
Consultant
Grp Coordinator
Victor Yu
KWA Analytics
Grp Coordinator