Clear Power helps giant patrons of pure fuel and

FAIRFIELD, NJ, Oct 14, 2021 (GLOBE NEWSWIRE) – Clear Power, the nationwide chief in on-line power procurement and advisory companies, as we speak introduced that it has efficiently transferred the vast majority of its giant business clients, industrial and institutional to pure fuel, electrical energy and renewable power futures earlier than the current market volatility, thereby lowering purchasers’ publicity to hovering pure fuel costs. Utilizing superior hedging methods and the ability of greenback value averaging together with its key market insights and auction-based shopping for, Clear Power has helped and continues to assist purchasers climate market volatility. market and mitigate probably the most critical impacts of the fast improve in power. commodity prices.

Pure fuel futures, which greater than doubled in 2021, face an inflection level this winter. Analysts predicting a chilly winter might double pure fuel futures once more this yr, the prospect of $ 10.00 + MMBtu of pure fuel – for reference, pure fuel futures have gone up Established at $ 1.495 in July 2020 and at the moment buying and selling above $ 5.00 – is now a risk.

In an effort to teach firms about as we speak’s complicated power markets and methods for transacting effectively, Clear Power is launching a collection of webinars, Pure fuel now: managing volatility, led by Luke McAuliffe, power provide professional and president of Clear Power. The webinars will probably be designed for C&I and institutional power patrons, distribution companions and associations, and can start later this month. Registration particulars comply with:

  • Webinar on Channel Companions, October 26e at 2:00 p.m. EDT: Present and potential Channel Companions, please contact Nancy at [email protected] for an invite to our unique Channel Associate webinar.
  • Associations webinar, November 3rd at 2:00 p.m. EDT: Associations looking for to increase the advantages of power provide and advisory companies to their members, please contact Jane at [email protected] for a particular invitation to this occasion.
  • Webinar for Power Consumers, November 9 at 2:00 p.m. EDT: Massive business, industrial and institutional power patrons (minimal month-to-month spend of $ 20,000 / month advisable) are inspired to register right here or at https://bit.ly/3FFwx7A to attend.

“Since pure fuel costs bottomed out in 2020, we’ve repeatedly requested our clients and prospects to lock in these financial savings and keep lively available in the market to benefit from market downturns,” mentioned Paul Shagawat, co-founder and Managing Associate, Clear Power. “We’ve hundreds of purchasers who’ve heeded this recommendation and at the moment are properly positioned to regulate these vital working bills, whereas others will probably be pressured to undergo the web influence of a 2 and even 3 improve. occasions, costs of power commodities. That mentioned, there are nonetheless alternatives available in the market and ongoing alternatives to enhance procurement methods and processes, which is why we urge power patrons, and those that assist them, to attend our collection. webinars.

Dustin Scarpa, Co-Founder and Managing Associate of Clear Power, added Dustin Scarpa, “For over a decade now, we have been serving to giant power patrons efficiently navigate bullish and bearish power markets. The present market volatility shouldn’t be a primary, and firms that should transact on this atmosphere will profit from the agency hand of a seasoned market professional and a confirmed grasp of power buying. That is the unequalled mixture that Clear Power lends to what’s shaping as much as be probably the most tough power buying atmosphere in current reminiscence.

Be aware: As of October settlement (final day of September 2021), pure fuel is priced at $ 5.841 / MMBtu. As of the identical date final yr, pure fuel was priced at $ 2,101.

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About clear power
Clear Power is the go-to useful resource for firms and C&I establishments for power provide and power consulting companies. The corporate’s purchasers embody giant associations and firms within the automotive, training, monetary companies, healthcare, manufacturing, personal fairness, actual property (REITS and property administration), of retail and know-how. With a confirmed course of offered by probably the most skilled retail power professionals and leading edge on-line public sale know-how, Clear Power has generated tons of of hundreds of thousands of {dollars} in operational financial savings for patrons throughout America. North. For extra data, see www.transparentedge.com.

Contacts:

Business inquiries:
Jamil Ahmed
[email protected]
(862) 210-8770

Media inquiries:
Dan Mees
Mees Communications LLC
[email protected]

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