The Procurement Professional’s Guide to Negotiating Energy Supply Agreements Part 3: Adding & Deleting Accounts
- Posted By: Bob Wooten
Add/delete language is of primary interest to organizations with a significant number of energy accounts.
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Archive for the ‘Electricity Procurement’ Category
The Procurement Professional’s Guide to Negotiating Energy Supply Agreements Part 2: Termination Fees
- Posted By: Bob Wooten
Termination fees assessed by an energy supplier don’t just apply to the overall contract, but typically apply on an account-by-account basis.
The Procurement Professional’s Guide to Negotiating Energy Supply Agreements, Part 1: The 5 Key Clauses That Must Be Mastered
- Posted By: Bob Wooten
Through an ongoing series, we will explore the five key clauses that must be mastered in order to negotiate successful energy supply agreements.
Energy Procurement Mistakes You Didn’t Realize You Were Making (& how to avoid them): Mistake No. 1: Not Procuring Proactively
- Posted By: Bob Wooten
It is a common practice when procuring goods and services for an organization to be reactive. This means that you are either responding to a request from an end-user department for a particular product or service – or that you are planning the procurement process based on the expiration of the current contract.
The Definitive Guide to Hiring an Energy Advisor, Part 1
- Posted By: Bob Wooten
As a large user of energy, you know that one of the key factors in making smart decisions is engaging the services of an energy procurement advisory firm. We have discussed this importance multiple times in our regular articles. These same articles have touched upon various aspects of the relationship between the energy advisor and […]
The Definitive Guide to Hiring An Energy Advisor, Part 5: Independence is Key
- Posted By: Bob Wooten
This article concludes our “Definitive Guide to Hiring an Energy Advisor” designed to assist you, the purchaser, in finding, evaluating, and engaging an energy advisor. Over the past four editions, we have shared our insights into the important elements to consider if your organization is shopping around for advice. If you missed any of the […]
The Definitive Guide to Hiring An Energy Advisor, Part 4: Taking a Strategic Approach to Risk Management
- Posted By: Bob Wooten
Welcome to Part Four of a five-part series exploring the best practices for engaging the services of an energy advisory firm. So far, we discussed the importance of evaluating the experience (Part One), the full suite of services (Part Two), and the wholesale market expertise of a potential energy advisor (Part Three). In this installment, […]
The Definitive Guide to Hiring An Energy Advisor, Part 3: Wholesale Market Intelligence
- Posted By: Bob Wooten
For those of you playing along at home, we are now on the third installment in our five-part series on the key aspects involved in hiring an energy advisor. The genesis of this series has been in response to the trend we see in the industry toward more and more organizations (both public and private) […]
Market Monitor – ERCOT Reserve Margins – Forward Outlook
- Posted By: Scott Merrell
ERCOT projects reserve margins to be 10-18% over the next five years with the improvement between Summer 2020 and Summer 2021 primarily attributed to the near 5,000 MW of solar capacity and 700 MW of new wind capacity expected to come online.
Market Monitor – ERCOT Electricity – Natural Gas Correlation Widening
- Posted By: Scott Merrell
Many electricity markets follow natural gas markets as the majority of the generation is fueled by natural gas, and those gas generators set the price of power as often as 80% of the time. However, as energy markets evolve, this historically tight correlation has broken in some regions, namely ERCOT.
