How a long-term energy purchasing strategy saved millions?
Company size: 700+ employees
Industry: Food
Country: Poland
One of the main challenges faced by the company was stabilizing energy prices. The primary difficulty was identifying the right moment to make purchases, in order to avoid price fluctuations that could negatively impact the company’s budget. The lack of a strategy led to uncertainty and the risk of excessive costs.
To address this issue, a long-term energy purchasing strategy was developed, taking into account market forecasts and price trend analysis. The key steps in implementing the solution were:
1) Conducting an energy tender – the most competitive supplier was selected, ensuring stable purchasing terms.
2) Aligning purchases with the developed strategy – purchases were made according to the long-term plan, enabling control over energy costs and eliminating the risk of buying during unfavorable market conditions.
- Consistently maintained stable energy prices over many years
- Annual savings of 150-250 PLN/MWh since signing the agreement for tranche-based purchasing.'
- For an annual consumption exceeding 20,000 MWh, this translates to total savings of 3-5 million PLN per year compared to market rates.
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