Participants in wholesale energy markets must meet the needs of ratepayers, the scrutiny of public interest groups and public utility commissions, the demands of compliance standards such as Sarbanes Oxley, and the mandates of Renewable Portfolio Standards. Add to this the dynamic nature of commodity prices and market regulation – along with the size and complexity of wholesale energy loads – and it’s no wonder wholesale energy procurement is one of the industry’s most challenging and exacting tasks.
Today utilities, municipalities and other wholesale energy buyers are looking for more efficient and transparent ways to source their energy needs, and World Energy is stepping up to meet these needs. Over 65 top utilities are under contract with us for help buying and selling power, natural gas, capacity and other physical and financial products. With success conducting an array of Wholesale transactions, from spot market buys to seasonal capacity and annual energy procurements, we are helping utilities manage tactical and strategic programs with increased efficiency, transparency and success.
At World Energy, we understand each utility brings its own methodology and experience to energy transactions. Our role is to support and enhance these existing processes. The merits of this approach have helped our customers win the praise of independent industry monitors and achieve a perfect record of PUC rate-case approvals.
- Our utility customers are liking what they get when they work with World Energy, including added process efficiency and accountability. See what they have to say here.
- World Energy has earned a perfect record of rate-case approvals for its utility clients with their Public Utility Commisions. For Vectren Energy Delivery of Ohio, make that three in a row. Read more here.
- Taming the paperwork beast behind complex procurements is a common rallying cry among our utility customers. See how we work with our clients to get the job done. Read more here.