An Asian call option offers a hedge against rising spot prices. After payment of the premium, you as the buyer of the option automatically gain the right to receive the energy from us at no more than the fixed strike price. At best, the automatically triggered option is not exercised because the average price has not exceeded the strike price during the fixed period. This enables you to record revenues due to lower purchase prices. If you want to hedge against falling prices based on your portfolio, you can also hedge up to a defined lower limit with a put option. Other alternatives are also possible, such as the combination of call and put options, some of which do not require option payments (zero-cost collar).
Do you have a physical position in electricity or gas and sell a large proportion of your volumes on the spot market? Do you want to be ready for rising prices, while profiting from price reductions? Do you want to make the timing of your hedges independent of the physical purchase?