Energy buyers must get slick
29 August 2012
Purchasers must get used to playing the commodity markets or risk paying over the odds for long-term energy contracts.
According to Martin Rawlings, deputy chairman of CIPS Energy Committee, the energy market is now much more dynamic, and buyers have to respond.
“Gone are the days of fixing your yearly energy costs on a single day at the price on that day,” he said.
He also advised purchasers to look for shorter contract periods.
“These days the markets are so...