Commodities We cover
Power
Natural Gas
Renewables
Renewables
Natural Gas
Renewables
Natural Gas
Natural Gas
Natural Gas Liquids
Natural Gas Liquids
Liquified Natural Gas
Natural Gas Liquids
Liquified Natural Gas
Liquified Natural Gas
Liquified Natural Gas
Crude Oil
Liquified Natural Gas
Liquified Natural Gas
Refined Products
Refined Products
Refined Products
Power
Power generation is transitioning from traditional sources, and with that comes increased complexity, additional source, and sink locations, as well as greater congestion across transmission lines. Increasing volatility leads to greater price movements in the Day Ahead and Real Time markets, requiring more accurate capture, and faster position management within ETRMs.
TruPoint works with generation companies, transmission operators, utilities, and wholesale marketers throughout the United States and Canada. TruPointcan help you manage ETRM and Power in the following areas:
- Generation modeling and forecasting
- Thermal or renewable energy
- Congestion products, FTRs, or virtual transaction management
- Transaction and price accuracy for improved PnLforecasting
- Managing retail contracts and wholesale hedging
- Aggregation for precise position exposure
Renewables
Environmental trading is expanding across all major product categories; Carbon, RECs, and RINs. This has resulted in trade volumes increasing, new product options, greater transparency, and new companies entering the market. Interfacing with registries, understanding your obligations, and managing inventories are becoming increasingly necessary within an ETRM.
TruPoint has worked with all major registries, designed custom environmental solutions, and developed integration for download and transfers. TruPoint can assist with:
- Registry integration for transfer management
- Get updated position and inventory data
- Organize and manage obligations and allocations for retirement
- Accurate forecasting and inventory cost
- Inventory management across multiple eligibilities
- Maximize the value from traded products and vintages
Natural Gas
Natural Gas is experiencing increased volatility as it expands from being regionally priced to a more globally traded commodity given the access and frequency of LNG cargos. ETRMs are integral to supporting a global commodity, managing operations, and understanding risk.
TruPoint has experience with Gas Markets from Germany to Mexico, as well as across the US and Canada. Reach out to find out how we can assist with the changing landscape, and assist with scenarios such as:
- Increased exposure to a wide array of financial products
- Cashflow and credit impacts
- Modeling and optimizing managed or leased storage assets
- How to approach open capacity VaR
- Transport capacity and cross-border FX and UofM impacts
- Basis risk and position management
Natural Gas Liquids (NGL)
NGL production has been known to represent the 80/20 rule of natural gas production. 20% of the volume, but 80% of the revenue from operations. ETRMs are key to managing the diversity of pricing mechanisms within the market and understanding potential exposures.
TruPoint has worked with NGL clients managing production, fractionation, transport, and inputs to manufacturing such as:
- NGL mix pricing and settlement across components
- Netback pricing and volume balancing
- Producer settlement and invoicing
- Accurate allocation and tie-outs
- Rail, truck, pipelines and shipping rates, and fees
- Forecast cashflow and expenses
Liquified Natural Gas (LNG)
Liquefaction and regasification facilities represent the greatest share of new facility permits throughout the US, and global supply chains are shifting to include a greater share of LNGCargosas as part of their supply mix. ETRMs can assist with the difficulty of optimization and cross-commodity facility risks that occur when managing the supply, production, and shipping of LNG.
TruPoint has worked with and modeled all facets of the LNG supply chain from the Gulf Coast to India and Japan.
- LNG Cargo delivery optionality
- Optimize value by location
- Shipping rates, demurrage, insurance, and incoterms
- More accurate PnL forecasts
- Facility power hedging, NGL outputs, and global benchmark pricing
- Hedge and reduce volatility
Crude Oil
Crude Oil production, transportation, storage, and marketing represent the most globally traded commodity across the most established pricing benchmarks. Geopolitical factors outside of the industry's control can have a massive impact on operations and prices. ETRMs assist with forecasting and aggregating an accurate picture of current and potential risks to a Crude Oil portfolio.
TruPoint can help model the entire Crude Oil value chain from wellhead to refinery including:
- Production and cash flow forecasting
- Analyze location differentials
- Managing production lease and stream sale transactions
- Weighted average differentials and complex pricing structures
- Pipelines batches and cross-month inventory
- Calculate accurate WACOG’s
Refined Products
Refining capacity and availability have shifted due to changes in global supply chains and fewer operation facilities. Traditional sources are impacting the availability of common grades resulting in greater spreads between products, inputs and outputs. ETRMs help forecast forward position, hedge inventory and manage pricing differentials.
TruPoint has worked with Refiners and Wholesalers to help model scenarios such as:
- Crack spread and hedging
- Accurate multi-commodity exposure
- Refinery output and inventory
- Forecast future cashflows
- Rack modeling and pricing
- Capture all fees and taxes
