Regardless of the innovation in electrification technology, construction of microgrids, monitoring devices and sensors to support operational efficiencies (all of which are crucial components in the drive to net zero by 2050), the one variable that is often undervalued is how energy is purchased. An efficient and competitive energy procurement process and strategy greatly impacts rates and favorable contract terms for the life of an energy agreement.
EnerConnex combines extensive industry expertise and tech-enabled processes to help organizations manage their power, natural gas, energy risk, and carbon management objectives.
Features of EnerConnex Procurement Services: The ECX Marketplace is the latest online platform developed by the pioneers of the reverse auction technology, with the capability to manage complex energy products, green power and pricing structures.
Everything begins with energy! Such as energy efficiency programs, lighting upgrades, monitoring energy demand to name but a few. Yet, it all comes down to energy spend. Please note, energy can be the 2nd or 3rd highest operating expense for an airport and is usually procured inefficiently and without significant competition.
To put into perspective, the cost of energy from January 2021 – January 2024 increased 28% and continues to show an upward trajectory. Energy Sourcing is potentially the easiest strategy to increase gross profit and establish budget certainty.
EnerConnex has the ability, via our Energy Procurement Auction platform, and our robust and transparent process coupled with one of the largest supplier networks of over 80 plus suppliers in North America to provide the lowest possible price for electricity, natural gas, and green power.
By managing energy spend, organizations can establish budget certainty and identify and appropriate funds for other mission critical energy projects. Additionally, these actions fall under the scope of airport control without any outside reliance from private or public funding to determine if and/or when to go to the market for strategic energy purchases. Energy auctions empower airports to be more agile and react to market trends to optimize their buying power.