Encore officially opened its new operational head office in Budapest, a centre of excellence in energy risk management providing worldwide support to companies who need to risk manage their energy commodity price exposure.

Energy prices are at some of their highest levels, so more and more companies are using Encore’s expertise to bring control and certainty to their energy cost base. Using sophisticated risk management software and expertise, Encore manage over €1bn of energy risk every year for clients right across Europe saving them millions of pounds in energy costs.

Risk management is just one of the specialist skills we employ to reduce energy procurement risk and costs, so to access more information and understand how our unique range of services is designed to save you time, money and risk, read on.

Encore’s purpose for doing business is to add massive value to the lives of our customers and clients; in fact we are passionate about it. Founded in the UK in 2001 by a team of energy experts from supply, trading, risk management and banking. Encore has its operational base at the heart of Europe in Budapest from where our highly skilled market experts analysts provide support eighteen hours a day across European borders.

Our service helps companies with exposure to energy commodities realise the benefits that come from accurate measurement and control by risk managing their requirements in the same way as banks and suppliers do, but we work for you, are independent and do not trade on our own account.

The energy markets have become one of the most volatile traded commodities in the world requiring more sophisticated management, over the last five years Encore has proved how risk management delivers far more benefits than just price performance.

So how will this help me?

You will benefit from the reassurance that your portfolio is in safe hands; Encore has been helping companies like yours for many years. Whether it is support with corporate compliance, procurement policies or risk budgeting, Encore knows what is required and how to support you because we know the energy business and how it impacts companies inside out.

There are hundreds of consultants you can choose from. We know that and you know that. So to make it easier and cut through the glossy marketing and sales veneer, here are seven facts for you to consider:

So what do your customers say about you?

In recognition of the service that Encore provides Dow Corning, Encore was recognised as Dow Corning’s "European Supplier of the Year" for 2005 / 2006.

Choosing the right partner is crucial, so if you want to know more and receive your free guide to managing energy risk, click below.