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What we can do for your business
 Energy Procurement - Tendering & Price Management
‘HEG manages the procurement of over €1billion in energy spend across over 70,000 meters.’
HEG is Ireland’s largest energy procurement consultancy. We manage the procurement of over €1billion in energy spend across over 70,000 meters. Market volatility has caused many organisations to switch to a more flexible approach to their procurement in an effort to manage price risk.
The two fundamental options are fixed price procurement or flexible price procurement.
What we can do for you...
Using our bespoke pricing and comparison software, an informed understanding of market dynamics, and the strength of our combined portfolio, HEG can help to deliver unparalelled value and options.
We can...
Price Risk & Trading Management
‘HEG will put in place a risk management policy that is specifically tailored to the needs of your organisation’
On procuring a flexible energy contract it is crucial to the successful management of the budget that you implement and operate a rigid risk management strategy that works with your organisation’s objectives to manage both market and volume related risks.
Through constant market analysis, a structured risk plan, established short and long term goals, and effective execution, we work to reduce your energy spend. Our comprehensive price risk management service is designed to monitor, measure,
and evaluate energy market risks and opportunities. This service bridges a critical energy market information gap. We provide clients with an informed procurement decision-making capability based on a combination of HEG expert consultation, and client risk assessment tools to customize risk tolerance on an individual client basis. Our advice is based on data-driven market information.
   • Create an up to date database of your sites
• Collect data and check for inconsistencies
• Issue a tender – stating any specific needs you might have
• Help to decide on the “strike” day
• Provide you with price certainty and budget certainty
• Optimise your cost savings against budget
• Minimise and manage your exposure to volatile energy
• Analyse offers and negotiate to ensure the best price
• Make a recommendation on which supplier to choose
• Process acceptances
• Check contracts
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