Progressive purchasing management

Progressive purchasing management

Take control of your energy costs

Our tailored approach

We can assist with one or all of the below services.

We assess the market and recommend the best progressive purchasing product that aligns with your business goals. We consider advantageous product attributes and appropriate retailer margins and premiums.

We set up a governance framework that reflects your risk tolerance. It provides the ability to opportunistically lock-in good prices, whilst ensuring budget certainty and pre-agreed maximum price thresholds. This includes:

  • Assisting with the set up of a risk committee (if needed)
  • Assisting in developing a risk policy which outlines exposure limits, budgeting timeframes and maximum spends, along with reporting parameters
  • Using a Value at Risk (VaR) methodology which is applied to your portfolio’s usage profile into the future, to fully visualise and manage price risk and exposure levels
  • Transaction recommendations supported by data analytics and risk policy parameters
  • Interacting and transacting with your retailer when necessary, to action price lock-ins
  • Assistance in developing budgets, capital at risk lines (maximum spend) and baselinesMonthly management meetings to discuss market context and advance strategy

We proactively manage the product on your behalf following the VaR methodology. We share your daily electricity position, reporting your position for the following three calendar or financial years on a daily basis, and ensuring robust risk management.

We monitor your position against price fluctuations in the market and produce a daily VaR report. The report recommends buying decisions based on factors including: VaR, quarters trading below historic average and structural market moves.

Combined with Enel X’s robust risk management practices, progressive purchasing can allow you to:

  • Take advantage of lower energy prices in the market as they arise
  • Avoid renewing a contract when energy prices are high
  • Spread the timing risk of purchasing all your electricity at one time
  • Adjust exposure to the market based on your business strategy
  • Make savings compared to traditional fixed price contract
  • Quickly adapt to market changes

Our advisory portfolio boasts:
 
 


50+ clients

Across all industries in Australia

 
 
 


1000+ GWh

Of electricity supply under management locally

 
 
 


$2 billion of electricity supply

Under management globally

Why our clients work with us

Leadership in power flexibility

The ability to strategically shift when grid power is used provides additional opportunities to further drive down costs

Breadth of financial expertise

Accredited to give advice on financial products as we hold an Australian Financial Services License

Track daily market movement

We offer a strong governance framework to inform when and why you should act

Sophisticated reporting software

Identifies current energy requirements and future costs based on live market information

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