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Energy Procurement Services

Minimize complexity and optimize your business’s energy profile.

Save time and protect your bottom line, with World Kinect’s energy procurement experts by your side.

Optimizing energy procurement for businesses can take a great deal of time and expertise. 

At World Kinect, our global energy market experts can help you employ the best electricity and natural gas pricing mechanisms, right-size your contracts and access a trusted network of supply partners and providers. 

With decades of experience, our unbiased advisors keep a daily watch on energy markets and manage your complex energy procurement needs to deliver game-changing operational and financial benefits. Focus on what your business does best and rely on World Kinect for energy procurement.

Read on for more detail about World Kinect’s energy procurement services, or request a call today to connect with our team.

 

How our Energy Procurement Process Works

Energy procurement may not be your core business, but it has been ours for over three decades. We’ll act as an extension of your team to help you select and secure the most appropriate supplier, the most suitable contracting mechanism and optimum energy mix for your business

Capture your consumption & spend requirements

Capture your consumption & spend requirements

First, we start by listening. We’ll learn all about your energy usage: your sites, consumption and budget requirements.

Create and submit RFPs & manage your tender

Create and submit RFPs & manage your tender

Then we’ll manage a bid and contract negotiation process with as many vetted and appropriately accredited power and natural gas suppliers as possible, to induce competitive pricing.

Evaluate proposals & identify the optimum deal

Evaluate proposals & identify the optimum deal

Our experts provide an independent, unbiased review of the bids - both quantitatively and qualitatively - to ensure you get the most suitable supplier and a contract that fits your needs.

Manage the contract set-up and switching process

Manage the contract set-up and switching process

We manage the contract set-up and switching process, and help align suppliers’ billing arrangements with your internal protocols to help streamline utility invoice processing.

Continuous support, insight and value

Continuous support, insight and value

We can continue to provide value-added energy management services such as Utility Contract Management, Data Management, Bill Validation, Budgeting and Price Risk Management on a retained basis.

Everything Energy, One Trusted Partner

Many of our clients opt to bundle Energy Procurement with our Price Risk Management, Energy Data Management, Energy Bill Validation and Sustainability Solutions, to help them develop, execute and optimize an integral energy supply, price risk, energy management and sustainability strategy.

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Or, contact us to learn how we can best help your business achieve its energy goals.
 

Why Engage Help in Procuring Energy?

Relying on global expertise when sourcing energy helps you meet energy complexity head-on.

Consolidate energy procurement

Standardize processes and gain efficiency with one expert team handling all your facilities.

Consolidate energy procurement

Consolidate energy procurement

Standardize processes and gain efficiency with one expert team handling all your facilities.

Minimize time spent on energy procurement

Augment your internal team with our unbiased advisors, with local energy market expertise.

Minimize time spent on energy procurement

Minimize time spent on energy procurement

Augment your internal team with our unbiased advisors, with local energy market expertise.

Ensure the best value

Optimize costs through supplier competition, appropriate pricing mechanisms and best-fit contracts. 

Ensure the best value

Ensure the best value

Optimize costs through supplier competition, appropriate pricing mechanisms and best-fit contracts. 

Reduce risk and exposure concerns

Mitigate worries with decreased exposure to single-source suppliers and by relying on our trusted global supply network.

Reduce risk and exposure concerns

Reduce risk and exposure concerns

Mitigate worries with decreased exposure to single-source suppliers and by relying on our trusted global supply network.

Ease operational burdens

Enjoy fully managed RFP, contract set-up and switching processes. Be supported in supply contract management during pre-delivery, delivery and post-delivery stages.

Ease operational burdens

Ease operational burdens

Enjoy fully managed RFP, contract set-up and switching processes. Be supported in supply contract management during pre-delivery, delivery and post-delivery stages.

Get personalized service

Work with one point of contact backed by a global energy procurement team and rely on them to weather market shifts, changing business needs or new regulatory requirements.

Get personalized service

Get personalized service

Work with one point of contact backed by a global energy procurement team and rely on them to weather market shifts, changing business needs or new regulatory requirements.

Energy Procurement FAQs

What are the benefits of energy procurement services?

How do energy procurement consultants create tailored solutions?

How do energy procurement services help businesses save money?

What kind of businesses can benefit from energy procurement?

What regions do you provide energy procurement services for?

Why World Kinect for Energy Procurement?

At World Kinect, our first priority is your bottom line. As a Fortune 100 company, we manage 219+ TWh of energy for our clients. Our 5,000+ experts live and breathe energy, working across the globe in 200+ countries and regions to help clients manage energy costs, supply and sustainability.

Deep market intelligence, supplier-agnostic advice and wide range of energy services keep over 95% of our customers coming back for more.

Start the conversation with our energy experts.