World Energy 2008 Progress Report
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Transcript of World Energy 2008 Progress Report
this is the new energy economy.
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.
sparking a powerful marketplace.
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.
sparking a better way to buy energy.
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
sparking a green revolution.
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
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®
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
igne
d an
d pr
oduc
ed b
y Eq
uico
m, a
TM
X G
roup
com
pany
.
World Energy Solutions, Inc.
446 main Street
Worcester, massachusetts 01608
Telephone: (508) 459-8100
Fax: (508) 459-8101
www.worldenergy.com