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Understanding Energy Procurement

Writer's picture: Smarta EnergySmarta Energy

Businesses face growing challenges when it comes to securing cost-effective and reliable energy. Rising energy costs, unpredictable supply changes, and increasing pressure to meet sustainability goals make energy procurement more critical than ever.


Energy procurement, once viewed as a straightforward purchasing decision, has now become a strategic priority for companies aiming to balance cost-efficiency with environmental responsibility.


At Smarta Energy, we don’t just navigate this complex landscape – we lead the way, providing tailored energy procurement strategies that ensure businesses achieve the best possible outcome.


What is Energy Procurement?


Energy procurement involves the strategic process of sourcing and securing energy supply contracts for electricity and gas, often through a combination of market analysis, contract negotiation, and strategic planning. It goes beyond simply purchasing energy, it now involves securing the best possible price, while managing risk.


Historically, businesses have focused primarily on securing the lowest possible energy price. However, with the rising volatility of energy markets, growing demand for renewable energy, and increased regulatory pressure, procurement now encompasses a broader scope of considerations.

A field of wind turbines, as the sunsets in the background
What is energy procurement

Smart businesses recognize that effective energy procurement is not just about finding the cheapest rates—it's about securing the right type of energy, from the right sources, at the right time. That’s where Smarta Energy comes in.


Challenges in Energy Procurement today


Before we jump into how Smarta Energy leads the way in Energy Procurement, and how an energy consultancy can help your business thrive, we want to share the current challenges in energy procurement today.


Volatile Markets

The energy market is prone to price fluctuations due to factors such as supply disruptions, geopolitical instability, and shifting demand. This volatility can dramatically affect a company’s energy costs, especially for those without a clear procurement strategy.


NetZero and Sustainability Goals

Businesses today are increasingly required to balance their energy needs with their sustainability goals. But it is easier said than done. Transitioning to greener energy sources or meeting regulatory environmental standards requires a nuanced approach to procurement that incorporations renewable energy options, like our renewable rewards system offers.


An arial shot of the roof of several houses, with solar panels fitted on the top.
NetZero and Sustainability Goals

Complex contract negotiations

Energy consultants can be complex, often filled with hidden charges, complicated terminology that sounds like jargon, or clauses that can negatively impact a business’s bottom line. Having the expertise to navigate these intricacies is key to securing a favourable deal.


Smarta Energy’s Innovative Approach to Energy Procurement


At Smarta Energy, we view energy procurement as a dynamic, multi-dimensional process that requires both agility and foresight – plus a fantastic team.


Our approach is rooted in data-driven decision-making and a deep understanding of the energy markets. Here’s how we lead the way in energy procurement:


Tailored Procurement Strategies


No two businesses are alike, and neither are their energy needs. At Smarta Energy, we create customised procurement strategies that align with each client’s specific goals, whether it's reducing costs, increasing sustainability, or hedging against market volatility.

We work closely with our clients to understand their operational needs and risk tolerance, allowing us to design procurement plans that provide both short-term gains and long-term stability.


Our expertise enables us to navigate the complexities of wholesale energy markets, allowing our clients to lock in favourable rates when the timing is right, or to leverage flexible contract structures that adjust to market changes. This ensures that businesses not only save money but also maintain resilience against price spikes and market fluctuations.


Commitment to Sustainability


As the global transition to renewable energy accelerates, many businesses are looking for ways to integrate sustainability into their procurement strategies. Smarta Energy is at the forefront of this movement, offering procurement solutions that prioritize green energy sources without compromising on cost efficiency.


Three solar panels on a roof - with a worker on the right hand side, finishing the installation process
Commitment to Sustainability

We work with businesses to incorporate renewable energy into their procurement plans, from Power Purchase Agreements (PPAs) with green energy providers to strategies that maximise renewable energy incentives and rebates, such as our renewable rewards program. By helping clients shift to cleaner energy sources, we enable them to meet their sustainability targets while reducing their carbon footprint.


Data-Driven Insights


In a volatile energy market, real-time data is a powerful tool. At Smarta Energy, our Trading and Risk team leverages advanced data analytics to provide clients with up-to-the-minute insights into market trends, allowing for informed decision-making. Our energy monitoring tools track usage patterns and market conditions, enabling us to pinpoint the optimal times for energy procurement.

Someone typing on a laptop which has a graph on the screen.
Data-Driven Insights

This data-driven approach not only results in cost savings but also allows businesses to forecast future energy needs more accurately, ensuring that their procurement strategy evolves with their operations.


Risk Management Expertise


Energy markets are inherently unpredictable, and price volatility can have a significant impact on a business’s bottom line. Our team are experts in risk management, offering strategies that mitigate exposure to market fluctuations. Whether through fixed contracts, or flexible purchasing options, we tailor risk management plans that balance the need for cost stability with the opportunity for savings.


This proactive approach to risk ensures that businesses can maintain predictable energy costs even in the face of market turbulence, providing them with the financial stability needed to focus on their core operations.


Why Choose Smarta Energy for Your Energy Procurement?


As the energy landscape continues to change, Smarta Energy remains at the cutting edge, helping businesses navigate the complexities of procurement with clarity, confidence, and expertise.


Our clients not only benefit from immediate cost savings but also gain a partner committed to their long-term success. With a combination of tailored strategies, data-driven insights, and a focus on sustainability, Smarta Energy is shaping the future of energy procurement.


You can read a selection of our case studies here, to hear what our clients have to say.


But here is why we are the best choice for your energy procurement needs:


  • Proactive support

  • End-to-end service

  • Sustainability Focus

  • Industry Expertise


Leaders in Energy Procurement


In a world where energy procurement has become a strategic business function, choosing the right partner is critical. Smarta Energy’s innovative, customer-focused approach is transforming how businesses approach their energy needs. With our deep expertise, tailored solutions, and unwavering commitment to sustainability, we’re proud to lead the way in energy procurement, helping businesses achieve more today and prepare for a brighter tomorrow.


Ready to transform your energy strategy? Contact Smarta Energy today and discover how we can help you unlock the power of effective energy procurement.




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