Energy Procurement

The Definitive Guide to Hiring an Energy Advisor, Part 2: Covering Energy Supply Needs from Soup to Nuts

Posted By: Bob Wooten

In our previous installment, we started a five-part series with advice for the energy buyer when engaging an energy advisory firm to assist with the procurement and management of energy supply. We highlighted the five key factors to consider: Experience Full-Service Solutions Wholesale Market Expertise Strategic Approach Independent Status We initially discussed how important “experience” […]

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10 Most Common Energy Procurement Mistakes & How To Avoid Them

Posted By: Scott Merrell

In this webinar, we discuss the mistakes most energy procurement professionals make, why they happen, and how to fix them.

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10-Year Energy Agreements Are Growing In Popularity Among Large Energy Users. Are They Here To Stay?

Posted By: Bob Wooten

In the world of finance and procurement, some of the preferred buzzwords include “conservative,” “stable,” and “predictable.” Because of the need to keep operational costs as low as possible, energy procurement presents a unique set of challenges to businesses that use a lot of energy. To begin with, energy commodities are volatile – and electricity […]

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Natural Gas, Energy Prices, and Procurement. What’s Really Driving the Price You Pay for Energy?

Posted By: Bob Wooten

As anyone in procurement can tell you, electricity is the most volatile commodity you will ever buy. One day, energy prices increase. The next day, they drop. This constant cycle of up-and-down price changes makes energy commodities extremely difficult to purchase. What if prices drop after you’ve locked in your rate? Or, perhaps even worse, […]

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Energy Aggregations: Lower Prices, Higher Cost?

Posted By: Bob Wooten

Your organization’s electricity contract is set to expire, and you have to make a decision soon. You’ve been told that you’ll get the best deal if you join a regional energy aggregation that already has a membership made up of around 20 organizations like yours. You’ve also been assured that the size and membership of […]

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Energy Prices Are Moving Up – Now What? 5 Ways to Reduce Electricity Costs and Protect Your Budget

Posted By: Bob Wooten

Energy Prices Are Moving Up – Now What? The year 2012 brought us incredible ten-year lows in both electricity and natural gas prices. Drilling advancements such as hydraulic fracturing (or “fracking”) made it possible to access deeply buried oil and gas resources in previously inaccessible shale formations, creating a glut of natural gas on the […]

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Are You Outsourcing Energy Procurement? 3 Signs That It Might Be Time

Posted By: Bob Wooten

“Outsourcing” as we know it today traces its modern roots back to the business climate of the 1970s and 80s. It was around this time that many organizations turned to outsourcing as a way to remain competitive in a global economy. During this time, the mindset was that in order to compete, organizations must focus […]

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Wisconsin Manufacturers Call for Retail Choice

Posted By: Scott Merrell

Large electricity users are lobbying Wisconsin state regulators to allow for 3rd party electricity competition for the state. Wisconsin currently has the highest electricity rates of any Midwestern state, and is above the US average for all electricity users. Wisconsin regulators began considering electric competition in 1994 but closed the docket in 2000, deciding not […]

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Energy Management Is a Key Corporate Strategy

Posted By: Scott Merrell

Most companies consider energy management to be an essential aspect of corporate strategy, according to Deloitte’s 2015 resources study, published by the Deloitte Center for Energy Solutions. The report is based on 600 online interviews with business decision-makers who are responsible for energy management practices at companies with more than 250 employees across all industries. […]

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First offshore wind farm in the United States begins construction

Posted By: Scott Merrell

Source: U.S. Energy Information Administration, based on Lindoe Offshore Renewables Center In July, American offshore wind developer, Deepwater Wind, installed the first foundation for what is expected to be the first offshore wind farm in the United States. The project will be located three miles southeast of Block Island, Rhode Island. With five turbines totaling […]

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Archive for the ‘Energy Procurement’ Category

The Definitive Guide to Hiring an Energy Advisor, Part 2: Covering Energy Supply Needs from Soup to Nuts

10 Most Common Energy Procurement Mistakes & How To Avoid Them

10-Year Energy Agreements Are Growing In Popularity Among Large Energy Users. Are They Here To Stay?

Natural Gas, Energy Prices, and Procurement. What’s Really Driving the Price You Pay for Energy?

Energy Aggregations: Lower Prices, Higher Cost?

Energy Prices Are Moving Up – Now What? 5 Ways to Reduce Electricity Costs and Protect Your Budget

Are You Outsourcing Energy Procurement? 3 Signs That It Might Be Time

Wisconsin Manufacturers Call for Retail Choice

Energy Management Is a Key Corporate Strategy

First offshore wind farm in the United States begins construction

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