Risk Management

We guide clients through every stage of supplier selection, from identifying the right counterparties to negotiating the most competitive contract structure.

Our team manages the full bid process, evaluating gas suppliers across pricing, reliability, and contract flexibility. We conduct RFQs, score proposals, and negotiate basis on your behalf, often identifying opportunities for immediate savings through optimized fixed-price hedges or fee structures that scale with results.

For smaller users, we facilitate fixed-price hedging (typically 1–2 years) with simplicity and speed, reducing exposure without overcomplicating execution.

We assess existing hedge structures and design custom programs aligned with your operational goals, regulatory requirements, and risk tolerance.

Our process begins with a collaborative evaluation of your current hedging strategy, including program design and features, instrument mix, internal practices, timing flexibility, regulatory alignment, and cost impact. Through guided interviews with key members across operations, procurement, and finance, we develop a right-sized plan, whether you’re revising a legacy program or building from scratch.

From there, clients receive tailored recommendations on hedge percentages, implementation cadence, and product structure (fixed price physicals, swaps, or options), all backed by forward cost modeling and regulatory defensibility. For utilities, we provide direct support for PUC filings, justifications, and structured guidance. For industrials, the focus shifts to cost control, flexibility, and operational fit.

We provide timely, market-aligned hedge recommendations that your internal teams can act on, or we can manage execution on your behalf.

Gelber’s advisory model is built around flexibility. Clients receive data-driven hedge guidance tailored to their exposure, timing needs, and internal structure. For some, we act as a strategic advisor feeding execution-ready recommendations into internal workflows. For others, we carry out trades across physical and financial instruments, handling counterparties, timing, and documentation.

We continuously monitor market shifts and portfolio performance, recommending adjustments as needed based on evolving conditions, weather risk, or regulatory developments.

We track the effectiveness of your hedge program through performance measurement, market comparisons, and risk exposure modeling, providing clear reporting and data-backed recommendations for what to do next.

Gelber gives clients a clear view into how their hedge portfolio is performing. We quantify cost savings, track outcomes against market benchmarks, and report on risk exposure using tools like value at risk models and pricing differentials. This helps clients validate internal decisions, communicate results to stakeholders, and ensure the hedge program is delivering on its intended purpose.

Reports are tailored to the audience, whether supporting executive reviews, regulatory filings, or performance scorecards. We focus on clarity, accuracy, and the insights that matter most, delivered in language that makes sense to traders, operators, and CFOs alike.