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 ‘Energy 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.
Energy Deregulation Is Here… so Why Aren’t We Taking Advantage of it?
- Posted By: Bob Wooten
It has been more than 15 years since the energy markets in the US have deregulated. At this point, electricity supply is deregulated in about a fourth of the states, and natural gas is deregulated in many more. Deregulation itself takes a number of forms, but the process is designed to give you, the buyer, […]
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 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.
With Energy Prices This Low, How Do I Keep from Missing the Boat?
- Posted By: Bob Wooten
Over the past year, the news has been full of stories about the rapidly declining prices of oil and natural gas. This trend has been a boon for consumers, who are happy to be filling gas tanks and paying utility bills without breaking their budgets. But there’s a flip side to this low price environment: […]
