Energy procurement
Energy procurement is stronger when bills, load data, contract terms, certificate ownership and sustainability claims are considered together. Northmore Gordon's procurement work spans bill validation, tenders, market advice and renewable energy instruments.
Our Experience
Our Procurement Specialists have decades of experience in participating in energy markets for the industrial sector and built environment.
We can retire Carbon Offsets and RECs for you from a portfolio of projects that we have access to
We can help you negotiate complex energy contracts with energy retailers and supports you to increase the renewable energy percentage cost-effectively
Use world-leading software platform to help you validate that your energy bills are correct before you pay
Companies also have their own physical power generation, energy storage, and battery systems, making energy a critical component of their cost base. Navigating these complexities in the energy markets has never been more challenging.
Additionally, holding accounts with all the global carbon and REC registries is complicated, expensive, and time-consuming. If you manage a large number of sites, overseeing bills, confirming tariffs for each site, and ensuring the accuracy of charges becomes increasingly difficult, especially when relying on spreadsheets.
What can we help you with?
Our Energy Tendering Services include:
- Analyse portfolio
- Strategy options paper, and workshop to explore options for PPAs, progressive purchasing, self-surrender of certificates, links to the corporate sustainability strategy
- Energy tendering across energy retailers with negotiation
- Support you in accessing competitive pricing and contract timing
- Support your decision making for supplier selection, and terms and conditions
- Assist in procurement actions (contracting) with selected energy supplier
- Risk assessment
NG receives the bills into its world-leading billing data management platform and
- re-calculates each bill with the correct network tariff for the site, and compares to the actual invoice
- checks other charges on the bills such as validation against bill of energy rates, demand rates, environmental charges, and metering charges
- Highlights anomalies
- Rolls sites in/out as required
- Adds in solar meters when installations occur
Additional options may include regular billing data analysis to identify energy management opportunities
Sophisticated buyers with large portfolios are also becoming interested in:
- Progressive Purchasing, wholesale market exposure, and participation in FCAS, or demand-response markets
- How the energy procurement strategy can link to the Corporate Sustainability Agenda
- Self-surrender of Environmental Certificates to reduce cost
- Large scale or long term renewable PPAs
- Linking the energy billing data to a Corporate Sustainability (or GHG) reporting system
- Using the energy trends to identify energy management opportunities
- REtailer-supplied services for Electric Vehicles
- metering
- load shaping for commercial benefits
- Participation in Virtual Power Plants
Some companies wish to purchase and retire Carbon Offsets or RECs to meet their Sustainability Goals. NG holds registry accounts for:
We have relationships with traders and brokers across the globe and have purchased certificates and retired them in over 23 countries.
- Compile a portfolio of RECs and Offsets for your review
- Ensure the projects meet your internal criteria
- Purchase and retire certificates
- Send you the retirement certificate