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Reverse Auction Addresses Procurement Challenges for Utilities
January 19, 2011 at 4:30 pm
For utilities, energy procurement isn’t just about cost. Regulatory mandates for fair and open competition and for increased levels of transparency in the operation, documentation and reporting of financial conditions make buying energy considerably more complicated.
Read our “Reverse Auction Addresses Procurement Challenges for Utilities” White Paper to learn how the World Energy Exchange provides utilities with the tailored procurement solutions they need to purchase and sell energy commodities and energy financial instruments while minimizing costs, mitigating risk and ensuring price transparency
This white paper showcases two unique solutions, ranging from a complex auction structure with a critical need for objective auditability to a scalable solution that can be efficiently implemented and readily duplicated for weekly procurements.