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Archive for the ‘Wholesale Energy Markets’ Category

Energy Procurement Mistakes You Didn’t Realize You Were Making (and How to Avoid Them): #3 – Lack of a Proper Procurement Strategy

Energy procurement requires a significantly different process than the procurement of most other goods and services. If you’ve been your organization’s procurement officer for any length of time, this is likely not the first time you’ve heard that. This series on the “Top Energy Procurement Mistakes” seeks to explain why this process is such a different beast.

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Energy efficiency cut New England prices by 24% in winter 2014

Energy efficiency savings lowered New England’s wholesale electricity prices by 24% in the winter of 2014, according to a report released Thursday by the Acadia Center, an energy advocacy group. Efficiency programs suppressed electric demand by 13.7% from January through March 2014, lowering payments to generators by $1.49 billion, the report said. With New England […]

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Five Costly Energy Buying Mistakes – and How to Avoid Them

Energy decision-makers wear a lot of hats – and their job descriptions are all over the map:  Some are purchasing agents, property managers, and CFOs.  Others are mayors, operations directors or presidents.   The point is, it’s rare to find a person who specializes in “energy procurement” alone.  For most of these people, “electricity procurement” or […]

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

Outsourcing Energy Procurement

“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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