What problem does it solve?
This Skill unit helps streamline energy procurement processes for businesses, addressing the complexities of energy costs, sustainability reporting, and regulatory changes.
Core Features & Use Cases
- Expert Energy Procurement Analysis: Provides codified expertise in electricity and gas procurement, including market structure analysis and hedging strategies.
- Customizable Procurement RFPs: Facilitates the creation of procurement RFPs tailored to specific product specifications and supplier bids.
- Demand Charge Mitigation: Offers strategies for managing demand charges through load shifting, battery storage, and power factor correction.
- Renewable Energy PPA Evaluation: Assesses Power Purchase Agreements (PPAs) for on-site or virtual renewable energy sourcing.
- Annual Energy Budgeting: Aids in building comprehensive annual energy budgets and forecasting.
- Use Case: A large industrial consumer with multiple facilities uses this Skill to evaluate bids for electricity supply across multiple sites and to optimize tariff structures.
Quick Start
To initiate the procurement process, use the energy-procurement skill and input your facilities' load data and requirements.