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Alex Bannon, Senior Energy Trading and Risk Manager

Alex is a Senior Energy Trading and Risk Manager for Amber, with 3 years’ experience trading wholesale UK electricity and natural gas. He specialises in technical analysis and leads the data and reporting side of the Trading and Risk Management team.

As a go-to for Trading and Risk Management advice, Alex has written several expert blogs for the Amber website focusing on non-commodities as well as REGO certificates.

Opinion

How it works: Trading and Risk Management

What is energy trading? Energy trading involves purchasing electricity and/or gas on the wholesale market for consumption at a future point in time. We typically purchase as much as three years in the future, taking advantage of lower pricing when market conditions permit. Between now and the delivery of that future contract, several purchases are […]

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Explainer

Navigating REGOs: What are they, and are they good for businesses?

Renewable Energy Guarantees of Origin (REGOs) are certificates that are issued by Ofgem to generators of renewable electricity for each megawatt hour (MWh) that is generated. They can serve as proof that the electricity sold by generators to suppliers is “green” and therefore used by suppliers and business consumers to back up their renewable claims. […]

Energy management and trading screen in the Amber head office.
Explainer

Non-commodity charges explained

The purpose of non-commodity charges is to cover the additional costs associated with energy consumption. Non-commodity charges sit alongside taxes and levies that contribute to the overall operational costs of the network. Navigating the purpose and dynamics of each non-commodity charge can be difficult, so we have put together this explainer guide which runs through […]

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News

Fixed vs Flex: Which energy procurement strategy is right for you? 

The process of energy procurement involves offering the supply of electricity and/or gas to a range of suppliers to promote a competitive environment with plenty of choice. Supplier offers will vary in contract terms and auxiliary costs, so you can choose the setup that works best for you. In this blog, we will explain how […]

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