A group of brick factories had not yet procured gas for 2022 in 2021. From Q3 onwards, gas prices and CO2 allowances continued to rise, creating great uncertainty about production and survival.
Challenges of the brick factories
The purchaser for a group of brick factories had not yet procured gas for 2022 during the second half of 2021. From Q3 onwards, gas prices and CO2 allowances continued to rise. Because energy is a major expense for these factories, the rising gas price created uncertainty about production and survival.
Rising gas prices threaten the survival of brick factories.
The purchaser wanted advice and support regarding procurement strategy: what opportunities exist to design procurement processes smarter?
COMCAM’s solution
- COMCAM analysed and showed long-term expectations of energy price movements.
- According to our analyses, October 2021 showed a price dip.
- When the price dip arrived, gas was immediately procured for several quarters.
- Agreements have also been made for the 2023 procurement strategy.
- With this, the survival of the factories was guaranteed.
In addition, COMCAM has listed the opportunities for improving sustainability and its financing. More sustainability provides more independence and security.
The created serenity and security allowed the factory to start focusing on a sustainable, independent future. Once new procurement opportunities arise, COMCAM consults directly with the client on procuring gas and CO2 allowances.
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We will discuss the possibilities of Energy Portfolio Management for your business. Our first conversation comes without obligations. Please call us at +31 118 760 760.