An energy client faced complications with their power agreements. They had three existing contracts with their power provider, resulting from separate acquisitions. The power provider identified that one of the contracts, a legacy broker contract, had significantly higher usage than projected, which caused issues with their fixed-price agreement. Consequently, the power provider threatened to terminate the contract, creating an urgency for the company to restructure their agreements.
The provider’s broker estimated the company would use 3,600 MWh annually, but the actual usage was 65,000 MWh. The discrepancy led to increased costs as the provider bought the excess power on the market and charged the company the fixed price. The impending termination of the contract posed a significant risk to the company’s power supply.
Optimize client‘s power procurement and management to reduce costs, manage risks, and enhance transparency. Mobius’ best-in-class approach helps clients navigate complex power markets, optimize contracts, and manage costs effectively while mitigating risks.
An energy client faced complications with their power agreements. They had three existing contracts with their power provider, resulting from separate acquisitions. The power provider identified that one of the contracts had significantly higher usage than projected, which caused issues with their fixed-price agreement. Consequently, the power provider threatened to terminate the contract, creating an urgency for the company to restructure their agreements.
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