Top 10 LDC sizzles with efficiency

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Courtesy of World Energy Solutions, Inc.

The Situation

  • Customer burdened with the manual execution of a complex and time-consuming process for buying winter peaking gas.

World Energy Action

  • In 10 days, World Energy structured and sent to suppliers the inaugural set of auction events featuring temperature trigger and everyday peaking products – 64 tranches total.

Result

  • Extremely competitive auction event with 17 unique bidders and 485 bids.
  • Full load was awared in a matter of hours, rather than the two full weeks it previously took.

Customer quote

  • “The auction went great and the reports that followed were my lifeline….the spreadsheets summarized everything we needed to know in order to award 660,000 Dths of winter calls….in just a couple of hours! Pretty amazing to say the least!”

Customer comments

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