SMART.
TRANSPARENT.
INNOVATIVE.
LEADERS.
Global Utility experts skilled in guiding intensive energy users through the complexities of buying energy.
Intelligent trading strategies.
Bespoke risk management.
Transparent contract sourcing.
CONSULTANCY CYCLE
LEARN. SET. MONITOR. ACHIEVE.
Our consultancy process leads the way in creating best practice for energy purchasing and energy management.
Through strategic planning, sourcing and buying – Ping helps users navigate utility management by segmenting the management cycle into four key areas. An infinite continuous improvement cycle is created, allowing users to continually adapt their sourcing and purchasing strategy.
Risk Management
Understand / quantify risk appetite.
Develop a Trading Policy.
Develop / implement RM tracking tools.
Contract Placement
RFQ Creation and analysis
Online Reverse Auction and offer ranking
Strategic Sourcing and Supplier Evaluation
Market Monitor & Trading
Risk Management adherence and reporting.
Technical Trading
Suite of Commodity Reports & bespoke analysis.
Consumption Strategy
Non-Energy and Tax Cost mapping.
Capacity Utilisation and consumption review
Energy Saving Tracker
POWER & GAS BUYING OPTIONS
FIXED. FLEX. FUND.
Contract selection is key to navigating wholesale risk. Selecting a contract is a complex process, depending on the country of operation, each contract can have up to 15 analysable variables.
Ping has bespoke terms with suppliers allowing buyers to test the entire market. We run Reverse Auctions which are held online for greater transparency.
Fixed
Our fixed product allows energy buyers to access the best rates available on the day of the reverse auction.
Terms and rates are uploaded by suppliers via an online reverse dutch auction platform. Suppliers have until 12pm on the day of the auction to revise and upload their best offer. At 12pm the auction is closed and buyers can choose their preferred offer.
Our innovative platform allows seamless connection between supplier and end users in real time.
Flex
Flexible contracts mean buyers can navigate the wholesale market with a buying strategy that matches their risk profile.
The three steps to securing a flexible contract are;
1) Flexible RFQ - Market test and secure the most flexible & low cost contract for your supply.
2) Risk Management and Strategic Sourcing - Set a Risk Profile and establish tools which mean you avoid commodity volatility.
3) Wholesale Review - Monitor the market dailiy instead of annually. Connect with the Ping trading desk and make smart decisions based on commodity movements as they happen.
Fund
Our Funds allow users to buy as part of a flexible contract with a pre-defined and preset purchasing plan.
Ping's trading desk continually monitor commodity markets, taking positions which match the ethos of the fund. The result is a contract which is managed by industry experts and is monitored every second of every trading day.
Our funds offer buyers an opportunity to purchase in a more focused and managed way, removing the risk of not being able to focus on the commodity market and missing opportunities.
FIXED. FLEX. FUND.
OUR PRODUCT SHEET..................................
MARKET LEADING INSIGHT
TRADING DESK. PUBLICATIONS.
Thought-leading, forward looking market analysis is vital to ensure optimal energy purchases are made.
Through our market-leading range of reports and bespoke analysis, our trading desk provide you with unparalleled insight on market developments that goes far beyond simply tracking price movements.
Trading Desk.
Our Trading Desk allow users instant and up to the second access to the latest and live power prices.
Our traders provide a viewpoint based on the current fundamentals which stays true to your individual risk profile.
Publications.
Our weekly fundamental reports provides a wholesale viewpoint which allows you to track wholesale movement.
Our desk provides clear and concise recommendations which allow you to make an informed market decision.
MANAGING RISK
HEDGING RATIOS. TRIP WIRES. VALUE@RISK.
A risk policy ensures purchasing decisions are made on a non-emotional basis. These tools are not designed to take away obligation of a purchasing design but rather to align buy and sell decisions with the risk ethos of your company.
Our risk management strategy can be applied to both fixed and flexible options.
Risk Identification
Trip Wires / H-Ratios
Purchasing Guidelines
Value @ Risk
Quantitative Strategy
RM Policy
ENERGY MANAGEMENT
COST MAPPING. ENERGY SAVING. COST REDUCTION
Our Energy Management and Reporting service ensures that third party charges are reduced to the absolute minimum. Our team identify each cost line item check all bills at every meter point minimising any negative affect on cash flow.
Our Energy management team also draw upon consumption and cost forecasts to identify and plan out cost spikes.
1.
Bespoke Energy Management Plan
3.
Site Audits
Desk Audits
2.
Budget Setting / Cost Planning
4.
Bill Validation
Consumption Reporting
OUR SERVICE OFFERING....
PROCUREMENT. RISK MANAGEMENT. ENERGY TRADING. INSIGHTS.
OUR STORY
PAST. PRESENT.
2006
The Executive Team first met whilst working for a global management consultancy.
Having traded energy for the worlds largest energy users across, the team broke away and set up independently.
2014
The team team have over €1,950m worth of energy under management, with contracts on every continent.
Ping's capabilities go global.
TODAY
With a network of external consultants Ping has positioned itself to be Europe's largest energy consultant.
CONTACT US
EMAIL. PHONE. SNAIL MAIL.
Tel: 02075114855 | Fax: 0207511363 | Email: info@pngenergy.co.uk
20 Canada Square - Canary Wharf - London - E14 5LH