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Energy Procurement Advisory & Consulting

Customize Your Energy Procurement

Optimized energy procurement services

For medium to large energy consumers in deregulated markets, we start by creating a procurement path by:

  • Assessing your specific energy requirements.
  • Structuring a new sourcing plan by evaluating available suppliers, alternative geographic purchase points, and energy mix
  • Arranging the best supplier agreements matching your criteria

Once the new procurement path is determined, our team can provide nomination, scheduling, and balancing services. 

Consolidate your energy procurement management

Our ISO14001-certified team implements the plan tailored to your business needs. Even after the contract with the supplier is signed, your World Kinect account manager is on hand to support compliance, cost management, sustainability solutions, contract renewals, and more. 

We manage Everything Energy – so you don’t have to. 

Why Choose Energy Procurement?

Unbiased advice from a consultant (rather than a vendor selling commodity) to help you select the best supplier and energy mix.  On your behalf, we create competition among qualified suppliers for your business.  Benefit from a supplier-neutral consultant looking out for your bottom line, providing an action plan, helping seize market opportunities, and managing your energy procurement.

Unbiased expert advice

Unbiased advice from a consultant (rather than a vendor selling commodity) to help you select the best supplier and energy mix.  On your behalf, we create competition among qualified suppliers for your business.  Benefit from a supplier-neutral consultant looking out for your bottom line, providing an action plan, helping seize market opportunities, and managing your energy procurement.
We build personal relationships with your team through a dedicated account manager and local market representatives to help achieve continuity and consistency of your procurement strategy and tactics.
 

Single point of contact 

We build personal relationships with your team through a dedicated account manager and local market representatives to help achieve continuity and consistency of your procurement strategy and tactics.
 
After an initial action plan, based on information gained from your specific operations and needs, you will have access to ongoing energy management evaluation, price risk mitigation, and improvement advisory against your objectives for cost and supply.
 

Continuous consulting

After an initial action plan, based on information gained from your specific operations and needs, you will have access to ongoing energy management evaluation, price risk mitigation, and improvement advisory against your objectives for cost and supply.
 
Full energy-management expertise to supplement your in-house capabilities. Energy procurement is not likely your core business, but it has been ours for over three decades.  We will manage your energy spend by helping your organization minimize in-house expert personnel and provide a whole team of experts working on lowering your costs, keeping you compliant with the ever-changing regulations, and delivering insights from your data. 
 

Extension of your team

Full energy-management expertise to supplement your in-house capabilities. Energy procurement is not likely your core business, but it has been ours for over three decades.  We will manage your energy spend by helping your organization minimize in-house expert personnel and provide a whole team of experts working on lowering your costs, keeping you compliant with the ever-changing regulations, and delivering insights from your data. 
 

What attracted us to World Kinect were the great flexibility and a wide range of options provided to suit our own business requirements. Through full guidance in any tender, their experts’ advise of current economic positions, and their independent advice on how to proceed, we can take advantage of any low points in the market – a great position to allow us to manage savings despite unsettled economic environments.

Ross Smith
Finance Director, Mackie's At Taypack LTD., Scotland

Managing energy across so many sites in Kiruna was challenging, but collaborating with World Kinect made it easier and ensured we were as efficient as we could be. The team guides us through every aspect of energy procurement, and their knowledge of the market means we are always up to date with trends and our strategy is always aligned.

Carina Burman
Head of Finance, Kirunabostader AB, Sweden

Since the University of Minnesota joined the World Kinect energy procurement program just six years ago, we have recognized savings of nearly a million dollars with their third-party procurement services. The Program also provides a customized risk management plan, execution of hedges, and valuable assistance with budgeting and forecasting.

Jerome Malmquist
Director of Energy Management, University of Minnesota, USA

Working with World Kinect has been a great advantage to Arco in supporting the well managed and cost conscious growth of our company. World Kinect is fully engaged with the successful operation and delivery of Arco’s business, delivering competitive and well managed energy contract operations and wide ranging energy consultancy support.

Ian Edmondson
Facilities Manager, Arco, UK

We are very pleased with the quality of service that World Kinect provides. We sincerely appreciate their responsiveness and the way they conduct business. World Kinect has consistently achieved positive results for Clear Channel UK. We are pleased to have a reliable energy consultant who can resolve our issues.

Dee Ahmed
Senior Buyer, Clear Channel, UK

    How it Works: Energy Procurement

    Build Your Plan

    Review your historic energy costs, your current contracts and suppliers, consumption, and conventional vs renewable energy mix, along with assessing your desired future targets and objectives, and identify the best energy procurement model to support your business goals.image

     

     

    Run Tender Process

    Select appropriate energy suppliers, prepare RFP document and send it to suppliers (2 rounds) to help create competition among existing and new suppliers to optimize their pricing, credit, balancing, and other terms to more accurately reflect the ever-changing market.  image

     

     

    ID Preferred Supplier

     

    Evaluate supply offers and present our shortlisted recommended suppliers. Negotiate an agreement with your preferred supplier(s) and help navigate contract terms and available credit line options. image

     

     

    Ensure Smooth Switching

    Support changes in tenancy arrangements, meter installations, power factor corrections, capacity optimization, and supply contract additions. Align billing arrangements for the various sites with your internal protocols to help streamline utility invoice processing. image

     

     

    Deliver Continuous Support

    Continue to provide value-added services such as  Bill Validation services to identify and address any anomalies in supplier charges. Provide Price Risk Management services to ensure you are not at the mercy of volatile market prices, as well as Cost Management services for non-commodity grid charges.
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    Case Study
    Case Study: Electricity Procurement Advisory
    arco
    Case Study: Electricity Procurement Advisory
    uofm
    Case Study: Natural Gas & Electricity Procure...
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    Case Study: Electricity Procurement Advisory

    How can our energy procurement services help you?

    Get in touch with us.

    REQUEST A CALL

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