| Speeches
Kortright Conservation Centre:
The following speech was given by John Kiemele at Kortright Centre for Conservation, here are some highlights:
Today, I will discuss Electricity Procurement in Ontario and an overview of methods by which companies can manage their electricity costs and reduce the inherent risks existing in a very complicated market. There are three key points that I will focus on.
- Buying electricity economically is one of the most complicated, time consuming, mind-blowing, difficult and soul destroying things anyone in business can do. Those are its good points. You already know the bad points.
- Buying electricity entails incredible risks. Forget the idea that you may be able to eliminate the risks; you can’t. But, they can be reduced; not eliminated, but reduced.
- How we give help and nights of rest and sound sleeping to our many clients.
RISKS THAT EXIST WHEN BUYING POWER
There are number of what I call “Incredible Risks” that influence the hourly price you pay for your electricity.
- It is critical to understand the power bidding process and that the highest bids accepted for each hour will end up setting the price for that hour.
- Remember that those higher priced generators usually “eat” fossil fuels to generate their power.
- Also, there are times when the low cost generators such as OPG’s nuclear facilities go down for maintenance both scheduled and unplanned.
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EN-PRO INTERNATIONAL is a leading North American consulting firm specializing in the areas of electricity, natural gas, petroleum distillates (diesel, propane, heating, gasoline, etc.), lubricants, industrial gases (medical gases, bottled, bulk, pipeline, on-site plant), welding supplies, chemicals, and waste disposal services (hazardous and non-hazardous). We offer an objective and unbiased look at the markets in the complicated world of commodities. En-Pro does not buy or sell industrial products, and is not connected in any way to suppliers or marketers.
For radio, television or print interviews or background information, please contact John Kiemele jkiemele@en-pro.com or Susan Ponting sponting@en-pro.com
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