Our Experience
Our Procurement Specialists have decades of experience in participating in energy markets for the industrial sector and built environment.
We have negotiated hundreds of millions of dollars in energy contracts
We have negotiated hundreds of millions of dollars in energy contracts
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
Energy markets continually change. Knowing when to go to market for your energy contract, and what questions to ask is hard. Energy Retailers now offering more types of contracts, renewable PPAs, and participation in wholesale markets or Virtual Power Plants.
Companies also have their own physical power generation, energy storage and battery systems, and energy is a critical input to their cost base. Interacting with the energy markets is more complicated than every before.
Companies are also seeking to purchase global Carbon Offsets and Renewable Energy Certificates that help it meet its carbon or renewable energy targets. This is a whole new market where the rules for carbon accounting are changing.
Certificate types, Certificates standards and prices vary 1000% from one market to another. It can be confusing and difficult to know what the best decision is, and how these purchases can be done. Holding accounts with all the global carbon and RECRenewable Energy Certificate More registries is complicated, expensive, and time-consuming.
If you have a large number of sites, then managing bills, confirming the tariffs for each site, and checking that the charges on these are correctly applied becomes difficult to manage with 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 GHGGreenhouse gases trap heat in the atmosphere. They all have different global warming potentials (GWP) over different time frames, the higher the number, the worse the impact. For simplicity of accounting everything is referenced back to carbon dioxide which has a global warming potential of 1. There are over 200 GHGs listed in the IPCC fifth assessment report, a sample are below. Note that in current carbon accounting standards the 100 year GWP is used. Greenhouse gas 20 year GWP100 year GWPCarbon dioxide CO211Methane CH48428Hydrofluorocarbon HFC-134a37101300Chlorofluorocarbon CFC-1169004660Nitrous Oxide N2O264265Sulfur hexafluoride SF617,50023,500 More) 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:
- ACCUs
- VerraVerra is a not for profit organisation that administers the Verified Carbon Standard (VCS) Program under which VCUs are created. Operating since 2006 it is the largest voluntary greenhouse gas program in the world. VCUs
- LGCs
- STCsSmall-scale Technology Certificate under the Australian Renewable Energy Target.
- IRECs
- NZECsNew Zealand Energy Certificate System, the Renewable Energy Certificate registry in New Zealand managed by Certified Energy More
We have relationships with traders and brokers across the globe and have purchased certificates and retired them in over 23 countries.
Our Services include:
- 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
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