What Is Energy Procurement

Energy procurement is the process of acquiring the exact fuel and power your business needs to operate.

What is energy procurement. Business contracts can be extremely complicated and the energy market highly volatile. The way you approach energy procurement can have a huge impact on how when and if your business grows. How energy procurement is changing and the skills it takes to succeed as a modern energy buyer by graham frawley partnership accounts manager april 17 2014 industry news at last month s sustainability live event i joined tesco s james summerbell eic s jon ferris and the eiug s jeremy nicholson for a discussion about changing. Each month you receive your business energy bills.

Energy procurement is a complex process and the outputs of this activity directly influence the cost of energy to the organisation hence a critical activity that needs to be managed appropriately. Energy is often one of the biggest overheads for a business so it is crucial to adopt the right approach in how you go about purchasing your gas and electricity. Aee s certified energy procurement professional cep program is designed to award special recognition to professionals who have demonstrated a high level of knowledge experience competence and ethical fitness covering the full spectrum of activities related to the purchase sale and marketing of electricity and natural gas. Plus you know the drill.

This solution takes into consideration your price sustainability renewables and the future needs of your business. If an organisation opts for an unsuitable contract structure or locks into a contract at the wrong time or for the wrong. Procurement is the act of purchasing or otherwise taking possession of something especially for business purposes. Energy procurement in its simplest form is the process of finding the best energy recommendation for your business.

And each month you might find yourself asking. Our procurement objective is the same as that of our clients to obtain the most economical supply arrangement available and to further reduce costs as we proactively identify new opportunities as the markets evolve. We all want to know what the best procurement strategy is for the organisation.