January 19, 2011 at 4:02 pm

One of the largest cities in New England had been buying its power through a state consortium since 1998. With a goal of reducing electricity costs to the bare minimum – and the need to buy power for more than 400 accounts, including all city buildings, public schools, street lights, and the convention center – the [...]

at 4:01 pm

Despite the fact that World Energy had run successful auctions for the state, their university system – which accounts for approximately one-third of the state’s total usage – was initially reluctant to buy into the concept and chose not to participate, hiring its own consultant. In the first year, certain college campuses outside the system [...]

at 3:56 pm

After using the reverse auction platform to purchase natural gas and electricity in multiple other markets, a long-time World Energy customer with national operations needed to purchase electricity in California. The customer went to auction seeking bids on a variety of fixed and indexed products. During the auction event, the customer’s incumbent supplier attempted to [...]

at 3:55 pm

World Energy approached the automotive corporation to hold an auction for the natural gas needs of its auto parts division. The company’s procurement consultant recommended against an online auction, instead planning to send a paper RFP to the top five suppliers. The corporation agreed to allow World Energy to contact our network of suppliers and [...]