Compare the price of completed fixings with your target price

The "Expectations and outcome" feature of the application allows you to compare the average price of completed fixings with your desired price.

Indicate your expected price
Compare with the average price of past fixing
Modify / Delete your expected price
View the prices of fixings you made

 

The "Expectations and Outcome" feature makes it easy to see if the price target your company has set is realistic or not.

CAUTION: The activation of the "Expectations and Results" feature does not affect the calculation of your fixing advice calendar and does not commit the application provider to fulfilling your price target.
The application always calculates the optimal version of your fixing advice calendar based on market data, your choice of risk management strategy and the dates before which you wish to receive fixing advice.


INDICATE YOUR EXPECTED PRICE

  1. From the 'Details of the Optimisation' page, go to 'Settings'. In the 'Expectations and outcome' column, click on 'Define'.

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  2. Close the alert pop-up.
  3. Indicate your consumption forecasts period by period. In the case of a multi-indexed electricity contract, enter the consumption index by index. 

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  4. If you have already made fixing for this contract, indicate the prices you have agreed with your supplier. 

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  5. Indicate the final price you wish to achieve.
    If you want to define a global price for all your consumption periods, click on 'for the entire optimisation'.

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    If you want to define a specific price for each consumption period click on 'by period'.

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  6. Click on 'Validate'.

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COMPARE WITH THE AVERAGE PRICE OF PAST FIXING

We calculate the average price of fixings already made from the consumption volume you have indicated and the prices you have locked in with your supplier and indicated in the application.
The average price of fixings does not take into account fixings recommended for later. Our forecasts provide information on price trends in the wholesale market, the market from which suppliers construct their prices. Our forecasts therefore do not allow us to estimate the amount that will be offered to you by the supplier.

CASE 1: You have defined a global price to be reached for the whole optimisation

In the 'Detail of the Optimisation' page, in the 'Settings' block, in the 'Expectations and outcome' column, compare at a glance the Overall expected price and the average price so far.

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CASE 2: You have defined the prices you wish to achieve period by period

In the 'Details of the Period' pages, in the 'Settings' block, in the 'Expectations and outcome' column, compare at a glance the Overall expected price and the average price so far.

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MODIFY / DELETE YOUR EXPECTED PRICE

A : Modify your expected price

  1. In the 'Detail of the Optimisation' page, in the 'Settings' block, in the 'Expectations and outcome' column, click on 'Modify.'

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  2. Modify your price target and validate. You can switch from a period target to a global target or vice versa. 

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B : Delete your expected price

  1. In the 'Detail of the Optimisation' page, in the 'Settings' block, in the 'Expectations and outcome' column, click on Delete.

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  2. Confirm the deletion by clicking on 'Confirm'.

Please note that this deletion will result in the permanent deletion in the application:

  • Consumption data that you entered when activating the "Expectations and results" functionality.
  • The price data of past fixings that you entered during or after the activation of the "Expectations and results" functionality.
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VIEW THE PRICES OF THE FIXING YOU MADE

As soon as you have activated the "Expectations and outcome" functionality, the application will ask you to indicate the price for each fixing entry made with your supplier. This allows you to have access to pricing information at any time.

A. From the "Fixings made" page

  1. From the 'Detail of the Optimisation' page, click on 'Indicate fixings you made'.

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  2. View the prices of all fixings placed with your supplier that you register in the application

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B. From the "Detail of the optimisation" page

  1. From the 'Detail of the Optimisation' page, click on the 'By consumption period' tab. View the average price of past fixings for each period.

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C. 
From the detail page of a period

  1. From the 'Detail of the Optimisation' page, click on the 'By consumption period' tab, then click on a period.


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  2. In the 'Detail of  the Period' page, open the 'Past fixings' block. View the prices of all fixings placed with your supplier for this period.

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