Energy Procurement

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How To Buy Energy – The Guide To Commercial Energy Procurement

How To Buy Energy For Your Business You are most likely a category buyer responsible for indirect procurement. Energy is unlike other indirect spends so if you’re not familiar with buying energy or utility sourcing processes, this article will help provide some high-level guidance. Because energy is a commodity, it brings a number of additional risks and price considerations less prevalent in other areas of the supply chain.  Companies can either buy energy directly from energy suppliers or through the [...]

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Commercial Energy Experts

Light a Fire Under Your Energy Program Across the United States, there are literally thousands of energy advisors, brokers and consultants chasing commercial and industrial energy consumers for their business. The choice is abundant and with each having a compelling story to tell, it can be hard to identify true commercial energy experts.  In the spirit of openness, yes, I want to work with you too, but regardless of who you decide to work with, there are a few things that energy professionals should check that [...]

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Energy Futures Wholesale Pricing

Energy Futures Pricing Launched. Vervantis secure cloud-based energy portal DataHub360™ is proving even more popular with energy procurement professionals now that it includes the latest wholesale market pricing for deregulated markets across the United States. Contracts for natural gas, electric power, fuel oils, coal and just about everything else energy you can imagine are now available to clients and included as part of any standard energy solution. VP of Operations John Warrick said “Vervantis is a data-driven company. My vision from our [...]

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Commercial Energy Prices

Commercial Energy Prices – It’s time to stop the Creep! Commercial energy prices have been rising, with more snow on its way over the next few days, several states continue to deal with “severe” winter weather and the impact on prices from supply and demand. Natural gas spot prices have remained steady, even though this winter has seen more natural gas withdrawn from storage than at any other time in history. Interestingly, after last Friday’s storage report showed weekly withdrawals [...]

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A Fool and his Money

Managing Energy Price Risk A Fool and His Money are Soon Parted – The original proverb can be traced back to an English rhyme by Thomas Tusser in 1573. The actual version being: “A foole & his money, be soone at debate, which after with sorow, repents him to late”. This proverb keeps floating into my conscious. Perhaps because I have been in the energy business for long enough to know that the good times rarely stay for long. America has seen unprecedented quantities of [...]

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