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Electricity Contracting AIG 6 May 2010 . Terry McCauley GM Sales ERM Power Retail. about ERM Power. The next major vertically integrated energy company in Australia. ERM Generation Australia’s leading gas developer. ERM Retail focused on C & I customers. ERM Gas large purchaser.
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Electricity ContractingAIG 6 May 2010 Terry McCauley GM Sales ERM Power Retail
about ERM Power The next major vertically integrated energy company in Australia ERM Generation • Australia’s leading gas developer ERM Retail • focused on C & I customers ERM Gas • large purchaser
about ERM Power Australia’s dominant new generation developer
structure of the market • generators • transmission • distribution • retailers • customers • AEMO
be prepared • get your house in order • source recent 30” data (12 months) • align approval processes to execute (7 day validity) • check your credit rating (DnB) • 14 day payment terms & EFT • review T’s & C’s in advance of price request • non vanilla contracting ? • going to market • out to tender several months in advance (timing the market) • consider type of tender (direct/broker/reverse auction) • like for like comparison of offers • consider value added services
electricity contracting sure price is king but value is remembered...... any questions ?