Lobbyists have been pressuring White House officials in an attempt to make sure that new regulations affecting derivatives do not create substantial cost increases associated with using the risk management tools to hedge against fluctuating energy values.

Before regulators draft the rules that will be needed as a result of adopting Dodd-Frank, the industry representatives have requested that officials consult the Commodity Futures Trading Commission, according to The Hill.

Energy firms are worried about bearing the cost of regulations that are designed to reduce speculative use of derivatives. The entities representing these corporations worry that users of derivatives will need to pay higher costs associated with collateralization and margin, the media outlet reports.

Various industry groups including the Natural Gas Supply Association, the Electric Power Supply Association, the Independent Petroleum Association of America co-authored a letter to the White House, expressing concerns that "currently, the CFTC’s proposed swap dealer rule is overly broad and would result in commercial end-users who use swaps to hedge their commercial risk and reduce price volatility for their customers being misclassified as swap dealers," according to the media outlet.

Data provided by Risk Magazine indicates that 48 percent of renewable energy companies use energy derivatives.