Energy Services

Energy is one of the more volatile costs. Gas and electricity prices can have a significant impact on the profitability of key operations as well as affecting overhead costs.

Energy Services include specialist help in the procurement of energy as well as consumption reduction services. These include voltage reduction services, consumption monitoring and for larger companies, the development of in-house power generation.

Energy Procurement

Specialist energy procurement is provided by one of Europe’s largest energy consultancies, with a significant history of achievement in areas such as procurement, strategy development, risk management, energy trading and carbon management services.

Our customers enjoy the backing of one of the largest energy negotiating pools in the U.K. Whether your company prefers fixed cost contracts, or you prefer to chance your arm by playing the market, our partners are able to make a significant impact for the different needs of different companies, large or small.

Purchasing strategies include the factors to be considered in the light of the latest information, such as whether to favour fixed or flexible contracts, market direction, risk factors and currency trends.

Participating members benefit from hands-on support, market intelligence and access to industry leading e-market reverse-auction technology. Transparency within the process has already leveraged considerable gains for the end users.

As the amount of energy that a business uses is pretty much constant year-on-year, there are just three price drivers that affect the prices that are able to be negotiated:

  1. Timing is the most important factor and hence every member receives a weekly Energy Price Update, written by some of the energy market’s leading forecasters. In addition to commentary on the underlying trends and market influences the weekly brief includes a simple guide to when it is best to renegotiate your contracts.
  2. The preparation of information is important to minimise the suppliers’ perceived risk and hence give them the confidence to quote competitively. As a consequence time is spent with all members to give suppliers an understanding of each member’s energy profile.
  3. The most competitive pressure is brought to bear in the negotiating process. To achieve this we undertake an online reverse auction using one of the major energy trading platforms.

The combined power of the Buying Group consortium with the market professionalism and technology of our partners enables member companies to enjoy the best possible terms.

Weekly Energy Update

The Weekly Energy Update provides a highly informative review of the latest factors affecting prices, together with specialist recommendations and purchasing strategies.

For example, the review of Commodity Prices shows the current situation affecting prices worldwide in commodities such as crude oil, coal, UK Gas and UK Electricity.

For more information, contact us.

Other Energy Services

Voltage Reduction

The National Grid supplies electricity with a fairly high voltage. Controlling the voltage levels has a significant impact on the consumption of energy as well as preventing the premature failure of equipment caused by high voltages. Reducing consumption in this way can save most businesses some 10-12% of their energy bills, without adversely affecting production or employees.

Consumption Monitoring

Using sensors to monitor the energy consumption by each piece of equipment enables employee awareness of the need to switch off machines promptly. This can be significant, especially on remote sites, and can reduce energy consumption by up to 30%.

Power Generation

Larger companies are looking to generate their own electricity in future. Our partners have the experience to advise and overcome the many obstacles to creating a stable, predictable source of low-cost green energy for many years to come.