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Energy Purchasing & Contract Negotiation
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Energy Purchasing & Contract Negotiation

1-Day Training Course: Learn a proactive approach to negotiating & controlling escalating energy costs. Discover up to date information about the potential impact of changes to energy prices and your contractual obligations with the potential repeal of the price on carbon, operation of the Emissions Reduction Fund (ERF) and the introduction of the Direct Action Scheme. In this one day course, you will discover critical information and strategies for successful energy procurement and contracting for both electricity and natural gas.

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overview

Key Learning Objectives

  • Effectively evaluate energy provider options and proposals
  • Favourably negotiate contract terms
  • Integrate competitive energy procurement into an efficient energy management program
  • Optimise your energy procurement and negotiation process
  • Mitigate financial risks and energy price exposure
  • Manage the energy market’s volatility to secure best prices
  • Simplify the RFP process to attract competitive and timely bids

About the Course

Build your understanding of how to more effectively negotiate energy prices and contracts for your company. Learn how the experts secure favourable outcomes for high energy users.

Discover up to date information about the potential impact of changes to energy prices and your contractual obligations with the potential repeal of the price on carbon, operation of the Emissions Reduction Fund (ERF) and the introduction of the Direct Action Scheme. In this one day course, you will discover items critical to successful energy procurement and the contracting process for both electricity and natural gas.

Who Will Benefit

This course is particularly suitable for:

  • Procurement professionals
  • Energy Contract Managers
  • Sustainability/Environmental Managers
  • Energy Tender Managers
  • Financial Controllers and Accountants

Other people who might also benefit are:

  • Operations/Facilities Managers
  • Legal personnel
  • Engineers
  • Project Managers
  • Compliance/Controls Managers

A CPD Course

Use this course to help fulfil your Continuing Professional Development (CPD) educational requirements to retain your professional/chartered status

Terms & Conditions

To read the training course terms and conditions read more here

Course Outline

Overview of the energy industry

  • Electricity generation, transmission, distribution and Retail
  • Gas production, transmission, distribution and Retail
  • Introduction to the energy markets
  • Market participants
  • Factors driving demand and supply

Principles of energy purchasing

  • Traditional ways of seeking lower rates
  • Procurement process
  • Information gathering
  • Creating the Request for Proposal (RFP)
  • Evaluating bids

Your requirements

  • Site list compilation
  • Data collection
  • Load profile forecasting
  • Load profile presentation
  • Accommodating portfolio changes
  • Establishing internal levels of authority
  • Timelines
  • Commercial and contractual needs

Energy suppliers, contracts and prices

  • Contracts and pricing options
  • Carbon impacts on pricing
  • Exposure to pool price
  • Understanding certificate prices
  • Understanding load flex
  • Use of standby generation/Curtailment
  • Independent metering agreements

Negotiating and managing energy supply contracts

  • Impact of market fundamentals during negotiations
  • What is negotiable and what is not
  • Negotiating carbon clauses
  • Negotiating certificate prices
  • Negotiating invoices and EDIs
  • Account Management vs a 1800 #
  • Dynamic contract and account management

Managing energy is managing carbon

  • Managing portfolio risks
  • Visibility into your energy load
  • Managing your energy contract
  • Energy management KPIs

On-site & in-house training

Deliver this course how you want, where you want, when you want – and save up to 40%! 8+ employees seeking training on the same topic?

Talk to us about an on-site/in-house & customised solution.

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