Energy procurement is the process of purchasing energy, such as electricity and natural gas, for a business or organization. The goal of energy procurement is to secure a reliable supply of energy at the best possible price, while also minimizing risks and ensuring compliance with applicable regulations.

Our energy procurement process typically begins with an assessment of our customers organisation’s energy needs and requirements. This involves reviewing historical energy usage data, analysing energy consumption patterns, and identifying any factors that may impact energy demand, such as changes in business operations or seasonality. Based on this analysis, we generate a procurement strategy to meet our clients energy requirements.

We provide several different energy procurement strategies, including fixed-price contracts, index pricing, and variable pricing. Fixed-price contracts provide price stability over a defined period, while index pricing is linked to market rates and may fluctuate based on market conditions. Variable pricing allows businesses to take advantage of favourable market conditions but can also expose them to greater risks.

Once a procurement strategy is developed, we begin the process of selecting an energy supplier for our clients. This involves conducting research on potential suppliers, comparing pricing and contract terms, and negotiating a contract that meets our client’s needs.

Throughout the procurement process, our experienced energy consultants work with our clients, who help them navigate the complexities of the energy market. We provide valuable insights into market trends and pricing, assist with supplier selection and contract negotiation, and develop a procurement strategy that meets our client’s specific requirements.