CIOReview Team | Friday, 29 May 2015, 09:38 IST
HOUSTON, TX: EMEX, a consulting and energy risk management firm leveraging the powers of the latest technology, in a move to be more client centric announces the availability of innovated energy supply products for managing energy cost risk. These are now available to Asset Management Companies, the Hospitality Industry and Foundries across the deregulated U.S. territories.
Todd Bennett, EMEX Director of National Accounts points out, “The energy markets in the U.S. are undergoing a dramatic shift resulting from increased natural gas supplies and governmental regulations. As the market changes, large consumers of electricity and natural gas should be looking to implement energy cost risk management strategies that are consistent with their unique needs.”
EMEX energy products, combined with Reverse Auction and Exchange platform technologies, drive competition between retail energy suppliers to win the right to provide electricity and/or natural gas to EMEX’s clients.
EMEX is now offering Free Energy Supply Audits to major and mid-market corporations and government entities across the country, which allows individual clients and aggregations to monitor real time natural gas and electricity energy supply rates that can be hedged for their portfolio without any legal or financial obligation to transact.
EMEX Vice President Ryan Segmond adds: “EMEX has set the bar for energy supply consultancy through customized commodity structuring and our hyper-competitive bidding mechanisms. We do this by aligning the client’s contract requirements with their internal risk tolerances to design an ideal energy supply product, and then host a supplier bidding war for that product to generate the best possible option.”
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