Energy: asymmetries
All consumers have the same information about the energy market at their fingertips. Notably supply, demand and “spot” prices and for future delivery (short, medium and long terms) from widely available sources.
What makes certain consumers manage to get much better prices than the vast majority?
And, in the same vein, what are the motivations for making it happen that a minority has to consume energy much more efficiently than most “competitors”?
The explanation that I discovered to be robust has to do with the upper manager’s “drive” to treat the energy bill just like any other bill of the same value.
Those who want to know, discover and explore potential opportunities are the ones who make all the difference. Two emblematic real-life examples.
One in which the CEO of a large industrial group told me: we want to know what we can do to improve the performance of our energy bill, which is Top 5 on the list of costs.
Another in which an engineer who deals with energy from a chemical company did not even want to know about a cogeneration alternative that would have the potential to require less investment (“CAPEX”) and be implemented more quickly than the high voltage access in consideration.
The difference is the posture! Nothing more than this!