Industrial energy purchasing requires decisions about how much consumption to commit to, when to buy, and how much exposure to leave to market prices. Changes in equipment use and operating schedules can affect those decisions, while process requirements may limit opportunities to reduce demand.
5 reviews your usage, contracts, and operating plans to develop purchasing and hedging strategies. We help forecast energy needs and assess demand management options based on what your facilities can accommodate.
Energy procurement and hedging: Evaluate purchasing strategies, including block-and-index structures that combine fixed-price quantities with market-priced consumption.
Time-of-use strategies: Review when your facilities consume electricity and assess purchasing options that account for those patterns.
Load forecasting: Estimate future energy needs using consumption history and anticipated changes in equipment, schedules, and operations.
Peak demand management: Assess opportunities to manage consumption during periods that affect demand-related costs, accounting for facility requirements.
Demand response: Evaluate program requirements, potential payments, and your ability to adjust electricity use or operate eligible generation.
Predominant use studies: Assess facility energy use to help determine whether it meets applicable tax exemption requirements.
Sustainability: Help develop, implement, and communicate an ESG strategy that incorporates energy purchasing and operational decisions.