Archive for the ‘Purchasing’ Category

Energy cost management: Supplier differences-product offerings 1

Oct 20

What impact could supplier product offerings have on you, the commercial and industrial buyer? Why should you care about the range and general structure of products offered by your supplier, if you have already received a price you like? We believe there are good reasons to pay attention to the entire range of supplier products, […]

Keep Reading

Market Update: Day Ahead and Forward Pricing 1

Aug 2

Energy prices determine as much as 40-60% of the price you pay for electricity. No matter whether your business strategy is to fix all of your costs or maintain some exposure to index prices (day-ahead, usually), knowing historical and forecasted pricing should be important to you. The only way to forecast index pricing is to […]

Keep Reading

Fact or Fiction: There is no difference between supplier prices 1

Jun 28

All electricity supply prices are the same, right? All suppliers serving a given region should price the same way, get their wholesale power the same way and will give me basically the same price, correct? The only difference I should see, as a buyer, is the difference in the supplier’s margin, or fee, right? And […]

Keep Reading

The latest energy news

News: Battery Storage Progress for Energy Cost Management, Resilience 1

Jan 31

Utility-scale battery storage is taking a big step forward this week according to a Bloomberg article titled “Tesla’s Battery Revolution Just Reached Critical Mass: Three new plants in California show how lithium-ion storage is ready to power the grid.” The promise of battery storage extends beyond utility-scale programs to large commercial & industrial clients as well. […]

Keep Reading

Report: Corporate Clean Energy Procurement Index 1

Jan 18

New Report ranks States based on a Company’s ability to procure renewable energy Clean Edge, the Retail Industry Leaders Association (RILA), and The Information Technology Industry Council (ITI), with the support of The Energy Foundation, have just released The Corporate Clean Energy Procurement Index, a report ranking all 50 states based upon the ease with which […]

Keep Reading

How low can it go? Energy Cost Management for Index Contracts 1

Jul 26

Periodically, we update you on the status of day-ahead markets around the Northeast and, particularly, in New York State. Summer Costs As we’ve reported here a number of times, day-ahead markets in the Northeast have been low over the past year, strikingly low, as it happens, during the summer months. Prior to 2014, markets in […]

Keep Reading

Supplier Invoices & Energy Cost Components Part 2: Supplier Mechanics 1

Jun 19

The second in a two part series on invoicing and supplier invoices. Read the first post on the subject here. We have been running through a series of topics over the past several weeks that have been inspired by frequent energy cost management questions that we hear from our clients. Invoice mechanics Supplier costs are the same […]

Keep Reading

Market Dynamics: Gas 1

Jan 31

What is happening with natural gas? Where is the market compared to historical forward prices? How about historical spot prices? Customers have been asking for some context on where gas prices are compared to historical prices. Some context is always helpful.     The last 2 months were the the 2 lowest forward price months […]

Keep Reading

Predictable, reliable, improved energy outcomes: Step 3 1

Jun 26

As we mentioned in our first two posts in this series, when we poll energy managers about their biggest concerns about energy, the responses are “controlling costs”, “managing out-of-control costs” or a general concern about “rising costs”. There is always a concern that energy costs are completely out of control, and are impossible to predict […]

Keep Reading

3 Reasons Energy Cost Management Is Different from Procurement 1

Nov 18

  As we go about the business of bringing transparency to energy markets, we sometimes hear clients or suppliers or consultants refer to this work as “procurement” of electricity. We don’t use the word procurement here. Why? Every institution needs to procure materials– whether it’s paper, or other materials and supplies or even large pieces […]

Keep Reading