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| Against a background of liberalisation of the electricity and gas markets, The Netherlands has reached a turning point in the maturity of its electricity and gas sectors. It is rapidly opening up to increased competition from both national and international suppliers and distributors, all offering an expanding portfolio of options and solutions to meet the growing energy demands of Dutch commerce and industry. | ||
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Market Structure Liberal markets and increased competition however, demands quicker, clearer understanding, a more sophisticated approach and greater expertise than was ever needed before. Procuring energy at the right time at the best price requires the skills and knowledge of experienced traders. From traditional tendering methods, to trading platforms such as APX, Endex and TTF, with an array of products offered such as spot prices, flexible and hybrid to name but a few. Freedom of choice and competition no doubt delivers benefits, but it is never a simple decision. Already faced with all these choices, The European Commission also took the decision late last year to split up (or unbundle) energy companies. This means that the transmission company (owner and administrator of the high voltage cables, high pressure gas transport grid and other infrastructure) will be split off from the energy companies. The objective of this move is to provide more transparency and increase competition. In countries such as the UK, the Netherlands and Belgium, where the production and transportation has been unbundled and privatisation has taken place, the market is now even more competitive. Of course, it hasn’t always been clear and transparent. In the rapidly expanding and competitive Dutch energy market, the legacy of historically inaccurate billing, overcharges and errors, and long forgotten contractual terms and conditions, together with consolidation of energy companies in the Netherlands and neighbouring EU countries, will inevitably continue to challenge your administrative and financial resources and budgets.
How Inenco can help Product choice, timing, price negotiation, historical overcharges, billing errors and contractual complexities in a continuing volatile and unpredictable market, have led more and more companies to take expert and independent advice on how best to manage the risks to achieve budget protection. Managing your energy budget, price negotiation, bill validation and carbon management is no longer an annual event, but must be expertly managed throughout the year. Inenco has the independent expertise, experience in the Dutch market and the resources to make this a reality. |
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