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Electricity Contracting AIG 6 May 2010 Terry McCauley GM Sales ERM Power Retail.

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Presentation on theme: "Electricity Contracting AIG 6 May 2010 Terry McCauley GM Sales ERM Power Retail."— Presentation transcript:

1 Electricity Contracting AIG 6 May 2010 Terry McCauley GM Sales ERM Power Retail

2 about ERM Power The next major vertically integrated energy company in Australia 2 ERM Generation  Australia’s leading gas developer ERM Generation  Australia’s leading gas developer ERM Gas  large purchaser ERM Gas  large purchaser ERM Retail  focused on C & I customers ERM Retail  focused on C & I customers

3 about ERM Power Australia’s dominant new generation developer 3

4 structure of the market generators transmission distribution retailers customers AEMO 4

5 5

6 Queensland – calendar

7 Queensland – calendar

8 network prices – the national picture 8

9 be prepared get your house in order – source recent 30” data (12 months) – align approval processes to execute (7 day validity) – check your credit rating (DnB) – 14 day payment terms & EFT – review T’s & C’s in advance of price request – non vanilla contracting ? going to market – out to tender several months in advance (timing the market) – consider type of tender (direct/broker/reverse auction) – like for like comparison of offers – consider value added services 9

10 Web flyer 10

11 electricity contracting sure price is king but value is remembered any questions ? 11


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