energy procurement strategy Articles
-
Time to de-risk your flexible energy procurement strategy
Ten-year high power prices last week (12-16 September) caused by tight supply margins illustrate the imperative of de-risking your flexible energy procurement strategy. Towards the end of a turbulent week, prices on the day-ahead over-the-counter market increased to £135 per MWh. This is the highest level in ten years. The price spike was largely attributed to reduced generation ...
-
Autumn Statement 2016: Any impact on energy?
The UK Government's Autumn Statement provided a great opportunity to answer a number of key energy policy questions. Yet, apart from confirming that the carbon price will be capped at £18 t/CO2 until 2020 and that oil/gas tax breaks will be maintained, there was very little mention of energy. Granted this carbon price cap is likely to be welcomed as it provides the certainty and ...
-
How to think strategically about your next energy contract
How did you approach your current energy contract? Was it a positive experience? Are you sure you’re getting the best value from your supplier and your energy procurement strategy? If your energy contract is due for renewal, it’s time to think about how to replace it. This job may have landed at the bottom of your to-do list but it’s important to get right. A poorly-sourced ...
-
Why higher energy prices shouldn't be a shock and how to manage the impact
It should come as little surprise that wholesale energy prices are on the rise again and remain highly volatile. The wholesale energy market is heavily impacted by the oil market and so we have seen energy commodity costs tracking dramatically higher oil prices as that market recovers from the doldrums. At the time of writing (17 September 2018), power commodity prices were 50.26% % higher than ...
Need help finding the right suppliers? Try XPRT Sourcing. Let the XPRTs do the work for you