Flexible Energy Procurement For Businesses
Designing the ideal energy purchasing strategy
Flexible energy contracts
Trident has been managing flexible energy supply contracts since 2004. Year after year, we have proven our ability to reduce costs and risks for our customers. We provide various opportunities for buying and selling. This allows you to create and develop a purchasing strategy that balances risk, certainty, and price optimisation.
We have various strategies, and our risk management team will work with you to understand your goals and align them with the right strategy. We negotiate the best energy contract that meets your commercial terms and provides the necessary flexibility for strategy execution.
Our energy trading team will keep you informed on market trends and advise you on the best times to buy based on your strategy. Our risk management team will work closely with you to understand your goals and create a suitable plan to meet your needs. Our expertise and experience in flexible energy contracts will negotiate the best contract for you. Providing you with the flexibility you need to implement your strategy.
What our clients think
Trident’s flexible purchasing services help us to manage cost and risk, and they worked closely with us to develop and implement our strategy and approach to the market ... we would certainly recommend Trident to any company that is serious about managing energy costs.
IACFully risk managed approach to energy procurement
A risk managed flexible energy contract allows you to mitigate energy price volatility by strategically making multiple purchases throughout your contract duration. Rather than relying on a single purchasing decision, this approach allows you to spread the risk of energy procurement. By carefully timing these purchases, you can capitalise on favourable market conditions and optimise costs through flexible energy contracts.
This strategy improves cost efficiency and provides flexibility to adapt to market fluctuations, which is essential for businesses seeking a flexible energy provider for electricity and gas needs. Our expertise in flexible electricity and gas procurement ensures that each contract meets specific needs, optimising price certainty and energy supply flexibility.
Our approach to risk managed flexible energy procurement
Discovery workshop
Determine the right procurement strategy for your budgetary requirements and attitude to risk.
Supply tender & evaluation
Issue full market tender to expansive supplier list and make recommendations before sign-off.
Portfolio trading
Use fundamental and technical analysis, along with dynamic ceilings, to drive intelligent trading decisions according to your agreed-upon strategy.
Performance review
Conduct a performance review of your strategy, making adjustments to ensure it is aligned with your ongoing business requirements.
Reporting
On-going market advice, updates, and commentary, as well as access to our online energy management portal, Pulse.
Key features
Discover the tailored capabilities that set Trident apart in flexible energy solutions.
- Bespoke risk management strategy customised to your objectives and risk appetite
- Multiple buying decisions throughout the year
- Up to four-year trading horizon
- Trade seasons, quarters, months, balance of month and day ahead
- Access to a highly experienced trading team and senior procurement specialist
- Sellback options available
- Various risk management tools are available, including caps, triggers and alerts
- Fix or pass through non-commodity costs
- The position reports at your desired frequency
Key benefits
- Provides budget visibility over a longer horizon
- Budget certainty via an agreed strategy
- Opportunity to reduce costs from market volatility
- Technical and fundamental market analysis is expertly applied to achieve the best price
- Bespoke reporting created in line with your individual requirements
- Reduced supplier management fees and risk premiums
Our guide to flexible energy procurement
Gain a deeper understanding of how flexible energy procurement can benefit your business. Get expert tips on managing risk, maximising cost efficiency, and navigating market fluctuations effectively.
Access this informative guide by completing the form below.
ArcelorMittal
A discovery workshop was crucial to understanding Arcelor Mittal’s budgetary needs. Trident identified that a flexible energy supply contract with risk management would enhance budget certainty and reduce costs. Trident secured historic refunds and future savings, implemented a bespoke risk strategy, and ensured energy capacity for future expansion.
Talk to one of our consultants now!
For more information about our flexible energy procurement services, book a meeting with one of our experts.