The Results
Inenco had previously won the contract for the client’s energy procurement after modelling and demonstrating to them that the strategy they had in place with another consultant wasn’t working for their energy needs. The client needed to be able to take advantage of the market at any given point for their two sites to avoid paying more than they needed to.
Inenco’s capped strategy enabled the client to buy and sell their energy at advantageous times saving them £4 million vs the market on their energy in 2018. We expect to see their combined savings from 2018 to 2022 of £15 million totalling a near 40% saving vs the market.
Our Approach
Inenco put together a new strategy for the client which was fit for their business needs and met their energy requirements.
Inenco identified the low in the market and secured a five-year extension and capped prices at this market low for them.
Our experts were able to look at the market’s volatility and optimise their energy further by unlocking and relocking some of their volume, taking advantage of market trends.
By implementing a capped strategy, Inenco were able to take advantage of the market to drive value on behalf of the client.
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