<img alt="" src="https://secure.inventive52intuitive.com/789350.png" style="display:none;">
Skip to content

Case Study: ArcelorMittal

Facilitating a discovery workshop was necessary to understanding ArcelorMittal’s budgetary requirements. Trident identified that adopting a flexible energy supply contract with a risk managed approach to trading would deliver increased budget certainty and lower energy costs.

Arcelor-Mittal-cropped-960x501
Case Study

Trident undertook a thorough review of ArcelorMittal’s energy costs. This included a site visit from the engineering team to further understand how energy was consumed throughout their processes.

Following the site survey, our engineers identified opportunities to take advantage of rebates relating to specific non-commodity charges.

The Challenge

  • Optimise energy non-commodity costs and maximise benefit from energy related subsidies
  • Minimise energy commodity costs and increase budget visibility & reporting
  • Ensure Load Capacity is appropriate for future expansion

The Solution

  • Site visit, review of processes and energy data, submission & on-going subsidy compliance
  • Development of bespoke risk management strategy and customer reporting portal
  • Review current site operations, forecast new load demand & complete relevant DNO application

The Benefits

  • Historic refund of £102,700 and future savings of £178,700
  • Financial controls in place to mitigate energy market volatility and provision of real time 3 year electricity & gas budget forecast
  • Site now future proofed and ready for the installation of all new plant, supply guaranteed and penalties avoided

£102,700 of historic refunds £178,700 of future savings

figure_woman-2

Smarter Energy Purchasing

Trident managed the process from start to finish. This included submitting all the necessary paperwork for both the historic claim and for the on-going rebate. Our compliance team ensured that all evidence was kept up to date and was provided to all suppliers and government departments.

Facilitating a discovery workshop was necessary to understanding ArcelorMittal’s business and budgetary requirements. Trident identified that adopting a flexible energy supply contract with a risk managed approach to trading would deliver increased budget certainty and lower energy costs. By setting a “dynamic ceiling” this enabled our trading team to take advantage of market lows and at the same time protect from any increase in prices.

As well as providing significant savings over a traditional fixed price contract, this approach allowed us to accurately forecast budgets over a three-year horizon and help manage risk and exposure to fluctuations in market prices.

Trades and market prices are updated daily to Trident’s very own customer portal “Pulse” which enables ArcelorMittal to track their budgetary goals.

Making Energy Simple

At Trident we undertake an annual review of peak demand and ensure capacity availability levels are set at an appropriate level. ArcelorMittal’s Sheffield site was due to install new plant. Trident reviewed the equipment set to be installed and confirmed the estimated requirement to meet the demand of this additional plant and completed the DNO application form.

Trident arranged for signature and provision of specific load information and then submitted to the DNO for processing and quoting. Ensuring the changes were completed in a satisfactory timeframe, guaranteed the site had sufficient supply to operate without incurring any penalties.

What ArcelorMittal Think

Trident Utilities are a trusted partner, and we have no hesitation in recommending their services.

Phil Taylor - CEO - ArcelorMittal Kent Wire
Metals guide front cover mock up image-1
Optimise your energy strategy and maximise savings

Download our guide on transforming efficiency, maximising savings, and eliminating carbon emissions

Ready to take control of your energy strategy and save big?

Download Our Guide: "Transforming efficiency, maximising savings, and eliminating carbon emissions: How energy and carbon management software empowers metal industry excellence."

Complete the form below to gain access.

figure_woman_tablet_green

Get more news to your inbox

We help our customers to reduce commercial energy costs through our unrivalled expertise and innovative approach to energy cost and consumption reduction.

Contact Us

Talk to one of our consultants now!

We are specialists in all types of commercial energy. Speak to us today to see how our unique 360° service can benefit your business and individual needs reducing energy costs and optimise energy efficiency.

Trident Utilities Ltd
Units 1 & 3 Amy Johnson House
Amy Johnson Way
Blackpool
FY4 2FG
Find us on Google maps
figure_woman_cheering