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Houston, TX – Bob Wooten, Director of Government Accounts at Tradition Energy, recently co-authored an article on energy procurement for the February/March edition of Government Procurement. The article, titled “Energy procurement strategies: Two years later,” highlighted the results of the most recent National Institute of Governmental Purchasing (NIGP) energy survey issued in October 2012 in collaboration with Tradition Energy (the first such survey was released in 2010).
The survey was intended to learn more about the existing understanding of opportunities for competitive supply of energy commodities, and to gain a deeper insight on existing policies, procedures, and attitudes towards the procurement of electricity, natural gas, and transportation fuel.
“In general, the findings indicated several important areas that all governments should be aware of in order to maximize cost reductions,” said Mr. Wooten. “The article highlights the changes we’ve seen in attitudes and procedures for procurement of energy in the recent past. While it does show progress in governments’ understanding of laws and opportunities in deregulated markets, and an increased use of professional advisory firms for purchasing of natural gas and electricity, there is still a long way to go.”
To read the article, click here: http://www.nigp.org/eweb/StartPage.aspx?Site=NIGP&webcode=gp-feb_mar_13
About Tradition Energy
Tradition Energy is one of the world’s largest energy management and procurement advisors to commercial, industrial and governmental organizations with over 300 energy specialists in 13 offices covering both the wholesale and retail energy markets since 1986. Tradition Energy is part of the Tradition Group, a leading global institutional broker of financial and commodity products. Tradition employs over 2,400 people in 28 countries around the world and is publically listed on the Swiss stock exchange (CFT). www.tradition.com