World Energy 2008 Progress Report

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this is the new energy economy.

description

2008 progress report for World Energy Solutions (TSX: XWE), an energy and environmental commodities brokerage company that has developed online auction platforms, the World Energy Exchange and the World Green Exchange.

Transcript of World Energy 2008 Progress Report

Page 1: World Energy 2008 Progress Report

this is the new energy economy.

Page 2: World Energy 2008 Progress Report

Renewable energy. Energy deregulation.

Carbon emissions. Green footprint.

Today, everything is energy. It’s a complex

ecosystem where we balance our growing

demand for energy with a goal of

sustainability. It’s about governments

deregulating supply and navigating emerging

cap-and-trade systems. It’s about businesses

taking responsibility for carbon emissions. It’s

about a new generation of leaders applying

21st century processes and technologies

to meet the new millennia’s energy goals.

It’s about knowing that how we respond to

climate change will determine what kind of

planet we have for generations to come.

IMAGE © NASA HTTP://VISIBLEEARTH.NASA.GOV

Just as energy is the basis of life itself, and ideas the source of innovation, so is innovation the vital spark of all human change, improvement and progress.

~Ted Levitt, Economist and Harvard Business School Professor Emeritus

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this is world energy.

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sparking a powerful marketplace.

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The third-party objectivity World Energy provides works in our favor. It leaves an unbiased audit trail and uses a transparent process that all vendors trust. The process invites wide participation and encourages vigorous competition. In all, it provides the best possible competitive arena for energy purchasing.

~ Senior Vice President for Wholesale and Retail Markets, Large Municipal Utility

Deregulation has reshaped the way utilities,

governments and businesses procure energy.

New policies guide strategic decisions in a volatile

energy market. buyers and sellers must work

harder to keep pace with change in the industry

and optimize cost, price and compliance efforts.

World Energy anticipated the opportunities that

would result from deregulation. having emerged as

a clear market leader in online energy procurement,

World Energy provides the knowledge, experience,

and technology to host win-win transactions for

buyers and sellers alike.

sparking a powerful marketplace.

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sparking a better way to buy energy.

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procuring energy is a complex exercise. It used to

take days: issuing RFps, sourcing prices by phone,

negotiating with brokers, bankers, retail energy

providers and lawyers. buyers didn’t have the

transparency to negotiate the best pricing or the

technology to quickly respond to changing market

conditions.

Tracing our origins back to 1996, World Energy

offers a highly efficient and effective transaction

platform for the energy marketplace. Using a variety

of electronic tools, including forward and reverse

auctions and post-and-respond mechanisms, our

exchanges create a highly liquid and transparent

marketplace for our customers to transact. We

support our proven, award-winning platform with deep

market expertise, a rigorous end-to-end process,

and exceptional data management capabilities.

The purchase of energy can be a risky endeavor when you face a volatile market. World Energy’s online auction platform enabled us to purchase energy below the two-year low industry price at a time where energy costs elsewhere were rising.

~ Energy Procurement Manager, Fortune 100 Industrial Corporation

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sparking a green revolution.

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Climate change is real, and it’s changing the way

we think about energy. Governments are legislating

cap-and-trade policy, businesses are facing

pressure to offset CO2 emissions and green

producers are finding themselves with valuable

green credits. It has created a new environmental

commodities market, but, as with many emerging

markets, the green markets suffer from a lack of

consumer knowledge, market liquidity and price

and product transparency.

The World Green Exchange® takes the uncertainty

out of environmental commodities purchases—and

puts the buyer in control of the outcome. Our online

exchange delivers the transparency needed so buyers

can make smart purchases for their business,

based on budget, time frame for purchase and

tolerance for risk.

I think a cap-and-trade system makes more sense. That’s why I proposed it because you can be very specifi c in terms of how we’re going to reduce the greenhouse gases by a particular level. Now what you have to do is you have to combine it with a hundred percent auction.

~ U.S. President Obama

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2001200320042005

20062007

2008

sparking a dynamic future.

Acquired Energy Gateway

World Energy Exchange® procures electricity for the U.S. General Services Administration

World Energy conducts fi rst green auction for the Environmental Protection Agency

First state client saves $5 million annually in energy costs and wins 2005 Outstanding Program Award from NASCA (National Association of State Chief Administrators)

First utility saves $42 million on initial auction

World Energy cited as top aggregator, broker, consultant in competitive energy markets by KEMA Initial Public Offering on the Toronto Stock Exchange

Selected by RGGI, Inc. to support the fi rst cap-and-trade auctions in U.S. history on the World Green Exchange®

Page 11: World Energy 2008 Progress Report

Renewable energy. Energy deregulation.

Carbon emissions. Green footprint.

Today, everything is energy. It’s a complex

ecosystem where we balance our growing

demand for energy with a goal of

sustainability. It’s about governments

deregulating supply and navigating emerging

cap-and-trade systems. It’s about businesses

taking responsibility for carbon emissions. It’s

about a new generation of leaders applying

21st century processes and technologies

to meet the new millennia’s energy goals.

It’s about knowing that how we respond to

climate change will determine what kind of

planet we have for generations to come.

IMAGE © NASA HTTP://VISIBLEEARTH.NASA.GOV

Just as energy is the basis of life itself, and ideas the source of innovation, so is innovation the vital spark of all human change, improvement and progress.

~Ted Levitt, Economist and Harvard Business School Professor Emeritus

Des

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oduc

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Page 12: World Energy 2008 Progress Report

World Energy Solutions, Inc.

446 main Street

Worcester, massachusetts 01608

Telephone: (508) 459-8100

Fax: (508) 459-8101

www.worldenergy.com