Fuel and Energy Procurement

Production, Purchasing, Forecasting and Margin Management

Rising fuel costs, continued volatility, and thinning margins mean major fuel and energy consumers face increased complexity in forecasting consumption, negotiating the best contracts and managing price risk.

OpenLink provides a comprehensive solution for Fuel and Energy Procurement – from forecasting, procurement, contract execution and broker reconciliation to fuel surcharge and tax management, energy utilization reporting, emissions management and budget planning through to hedging, credit risk management, FX exposure management, accounting and compliance.

With all of your electricity, fuel and natural gas positions across the company in a single system, you can look at demand, forwards contracts, and inventory across the enterprise to optimize hedging and negotiate the most favorable supply contracts.