Power generation is fast becoming an entirely new commodity production business. Generators are beginning to operate without full contractual cover between volatile and sometimes convergent markets for fuel and power. This requires new types of business strategies for managing generation assets, buying fuel and selling power. Only companies that excel in all three will likely survive and prosper.
Our expertise in fuels, power generation technology and the marketing of electric power in competitive markets helps clients understand how changing markets, fuels and technologies drive important strategic decisions for power generators. Our services are designed to help clients achieve enduring and substantial improvements in competitiveness and profitability. Recent experience demonstrates our commitment to helping clients thrive in the new business environment.
Recent accomplishments include:
- Performing a major assessments of volatility and convergence of electric and fuel markets.
- Advising major power generation companies on organizational design issues.
- Organizing the EPRI Fuel Supply Seminar, the premiere event for North American utility fuel buyers, every year since 1990.
- Writing for EPRI the Fuel Management for Competitive Power Generation - A Guide to Managing Change which provides practical guidance for the new competitive environment.
- Preparing the Opportunity Fuels Guidebook, which analyzes the market, economic, power plant, and environmental considerations of a wide variety of "opportunity" (non-conventional) fuels.
- Implementing a risk management system for a client to mitigate risk in an energy company's power trading operation.
- Developing strategies for the integration of distributed generation into power company operations.
- Developing a draft fuel supply agreement between a power generator and suppliers of biomass fuel for the plant.