Energy Procurement Services
Energy procurement can be considered a complex and murky process. If not managed carefully, it can render your company’s budget wholly inaccurate. Energy procurement should focus on controlling costs so you can forecast effectively and be proactive.
At Ignite Energy we believe that quality, professionalism, ethics and expertise really matter. Unlike other energy procurement consultancies and commercial energy brokers, we promote clear communication, honesty and fairness throughout our procurement services.
Our Energy Supply Management Team shares many years of experience trading in UK and European energy markets. We work with all major suppliers and actively seek innovative solutions that meet our clients’ requirements.
Commercial Energy Procurement Services
We offer unique end-to-end corporate energy procurement services. These involve managing procurement opportunities, controlling budget and managing risk amongst European markets. We also offer detailed knowledge combined with robust reporting.
- Fixed and flexible procurement in the UK and continental Europe, including renewable energy procurement
- Water procurement
- Trading and Hedging strategies
- Corporate Power Purchase Agreements
- Risk Management Plan
- Pan European Market Intelligence
- Budget Planning
- Contract and Tariff Optimisation
- Portfolio Reporting
- Analysis of non-commodity related part of utility bills
- Triad management
Ignite cut through the jargon to provide services that deliver clear results without adding unnecessary cost and perceived complexity.
Energy Procurement Strategy
At Ignite, we work closely with you to deliver an energy procurement strategy that matches your business needs and longer term ambitions. We engage all stakeholders and draw on considerable knowledge to negotiate the right contract for you.
Fixed procurement – We offer a peace of mind solution that helps you achieve budget certainty throughout the financial year. We’ll advise you on the moment of purchase, making sure that all contracts are accepted and countersigned. This ensures you are fully aware of the cost for the next budgeting period.
Flexible procurement – If the fixed offering doesn’t meet your requirements, we offer a flexible purchasing agreement. We track the wholesale energy services proactively and will advise you when it’s the best time to purchase a portion of energy. Flexible energy with a good energy risk management strategy in place gives you budget certainty and also enables you to achieve the spend you want. We ensure that your procurement strategy is dynamic to protect you against volatile market conditions and ensure that you stay up to date with all the latest market movements.
Market Intelligence services – We access all real-time financial market information so you can stay on top of the news. We track all tradable commodities including crude oil, precious metals, coal, carbon, along with other relevant news around freight, macroeconomics, equities, politics and more. Our team analyses all available information and collates the content so that it’s understandable and easy to digest.
Energy Procurement Risk Management
A key part of any procurement strategy is risk management. We are constantly developing new tools to make sure we’re able to identify and protect you from risk during periods of high volatility. Energy markets are changing constantly and we monitor markets using a number of innovative tools.
With a dynamic strategy that is bespoke to your business needs for both pricing and budget certainty, we ensure that our clients are fully aware of the impact of the market against their price requirements.
In a market that has experienced an unprecedented level of pricing, it is more important than ever that your strategy remains current and relevant. Our team of experts constantly review the market screens and will provide insight to the macro economics and market movements to make sure that you have all the information to make an informed purchasing decision.
Energy Procurement Consultants
In our experience, many organisations are dissatisfied with their energy broker doing next-to-no work for a hefty fee or with hidden commission. At Ignite Energy we provide transparent energy procurement that delivers, without trying to make it look like rocket science. We work for large multi-sited customers, including leading FTSE constituents. To find out more, get in contact with our professional team today.