|
At ENE, we recognize that power supply costs are a utility's largest budget item. We believe that every stone needs to be overturned to ensure power supply is procured in the most cost-effective and efficient manner. That means active portfolio management in both the bilateral and spot markets. ENE deploys its proprietary four-step Energy Evaluation model to provide optimal influence of and control over these costs. |
|
| Energy New England's | |
| Energy Evaluation Model | |
| 1) System Review: A thorough analysis of system load requirements, forecasts, historical data, applicable budgets, utility goals and strategic objectives. | |
|
|
2) Contract Evaluation: A disciplined analysis of current resources, including entitlements, contracts, generation, and transmission assets, and determination of system risks, exposures and resource economics. Specific solutions are identified to maximize assets and mitigate risks (including unit outage, fuels, diversity).
Click here for sample resource profile. |
| 3) Risk Management: A philosophy as well as a disciplined process whereby risk parameters are identified, protocols are mutually established and fiscally prudent standards for power supply initiatives are implemented. | |
| 4) Asset Optimization: A rigorous and proactive approach to managing all facets of a system's power supply. Requires ongoing monitoring and management of forward markets, fuels, positions and entails the strategic capitalization upon opportunities that optimize resources and reduce supply costs. Is Asset Optimization right for you? Click here to find out. | |
