Flexible Energy Procurement

Flexible contracts offer organisations with a method of procuring energy that provides more freedom. A flexible contract gives the customer more control over their purchasing and if managed successfully can lead to far lower energy spends than could be achieved by having a fixed arrangement.

Flexible energy contracts provide the opportunity to access and purchase and unlock/sell blocks of your required energy volume from the wholesale market on a number of occasions throughout the contract. By using this approach it is possible to take advantage of preferable market conditions that can bring considerable savings to your overall energy spend, ensuring there is no risk of purchasing your whole energy volume when the markets are at a peak.

Flexible energy procurement is a complex buying process and there are risks involved. However, UPL’s dedicated team will ensure you understand the associated benefits and risks whilst having the necessary resources and support required to make informed decisions at all times. UPL will define bespoke purchasing frameworks and set parameters depending on your appetite for risk, ensuring there is total control over the procurement strategy throughout.

There are a number of separate risk management strategies that can be adopted; and through consultation with UPL, the most suitable strategy for their business can be adopted.

Although more flexible products are becoming available on the market, these products are best suited to organisations that consume in excess of 12GWh annually.

For more information please contact the UPL Procurement Department on
(0)29 2089 3818.