Energy Procurement Market Intelligence Risk Management Carbon Management

Size: px
Start display at page:

Download "Energy Procurement Market Intelligence Risk Management Carbon Management"

Transcription

1 Energy Procurement Market Intelligence Risk Management Carbon Management

2 Kore Energy Procurement How efficient is your energy procurement process? As energy markets become increasingly complex, the vast array of pricing options and contract structures available to large energy users can prove daunting... When should I contract? Which Supplier? Fixed price, indexed or fully flexible? What are the hedging options? Fixing and unfixing? What about carbon? What about Green energy? What about currency? Kore Energy is the market leader in Ireland in energy procurement for business. We can help you work through the complexity of the supply options available to you, ensuring that your energy costs are competitive and that budgets are delivered. Key deliverables from our energy procurement service (for natural gas, electricity and oil products) We collect and collate all relevant data from market operators and Suppliers and from you We prepare and issue tender documents to Suppliers, tailored to your specific needs We evaluate all Suppliers proposals, providing you with a comprehensive but accessible overview of the supply options available to you We discuss and review your options with you and recommend a way forward We review all supply contract documents and validate through to contract sign-off You just sign the supply contract

3 Kore Energy Risk Management For lower energy costs and peace of mind In today s complex and volatile energy markets, enlightened buyers are adopting a more sophisticated approach to their purchasing strategy in an effort to ensure that cost competitiveness is maintained in a controlled and measured manner. The Kore Energy risk management service provides: Protection in rising energy markets, 2 to 5 years forward A cost competitive energy procurement solution Price certainty and budget certainty Reduced exposure to volatile energy markets The key service deliverables are: Development of a clear risk management strategy and policy Best practice energy price hedging strategies Budget formation and target setting Execution of live market trades on your behalf Market monitoring and analysis Position reporting, including mark to market costs Reporting against budget and strategy performance benchmarking Analysis of Green energy developments and carbon management requirements Regular review of your energy requirements with our senior energy consultants

4 Kore Energy Carbon Management Whether you are driven by environmental issues, price or both, understanding and managing your exposure to the carbon market is an essential ingredient in energy price risk management. Ireland s energy users are exposed to the European Union Emissions Trading Scheme (EU ETS) and to other carbon charges and taxes in a variety of ways: For large thermal users, directly via the EU ETS scheme Through electricity supply contracts, via explicit or embedded hedges On fuel use, including site fuel use and transport costs Since the commencement of phase three of the EU ETS scheme, the elimination of free carbon allowances (EUAs) for power generators and a reduction in allowances for other EU ETS participants has presented an even greater challenge for large energy users. Key deliverables from Kore Energy s Carbon Management service: Daily carbon price tracking and analysis Negotiation of carbon price levers within electricity supply contracts Execution of carbon trades, including EUA / CER swaps Carbon tax calculation and advice

5 Kore Energy Market Intelligence Leading energy market intelligence is a highly valued commodity with the power to enable energy buyers to capitalise on market opportunities and risks. At Kore Energy, we bring together a full complement of industry experts from across all disciplines of energy procurement, utilisation, research and analysis. We continually track and evaluate what is happening in the market and provide concise reports to our risk management clients on a daily basis. Our daily market report includes detailed analysis and commentary on: Macro-economic factors impacting global and European energy prices UK spot gas market pricing and supply and demand balances UK gas and power futures contract pricing and key drivers Ireland SEM wholesale electricity pricing and spark spreads EU ETS carbon market pricing, including EUAs and CERs and other key developments Brent and Nymex crude oil price development and key drivers US crude oil and oil product inventories and supply and demand balances Our monthly and quarterly bulletins provide a comprehensive review of energy markets, including key regulatory developments in Ireland and the UK, LNG markets, shale gas, country features and much more. Or, do you need a bespoke energy market report? Please call us...

6 Unit 4, Ballisk Business Park, Donabate, Co. Dublin, Ireland. Phone: +353 (0) Fax: +353 (0)