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Stamford, Connecticut, February 12, 2019 – Tradition Energy recently helped 10 local governments procure innovative renewable energy products and reduce their energy costs. The renewable products included sourcing 100% of the energy from solar and wind farms, purchasing from local community solar projects, and installing solar panels on the physical site where the energy is used. The procurements were innovative because they involved the integration of onsite or offsite renewable energy projects with traditional commodity supply transactions, and long-term retail contracts, some of which extend to the year 2030.
For the projects, Tradition Energy partnered with Mothership Energy Group, a national renewable energy consultant who provides analytical services for solar and wind energy management and specializes in innovative green strategies.
Among those participating in the renewable purchasing opportunities were the Port of Galveston, the Texas Cities of Mesquite, El Campo, and Pearland, Bard College in Massachusetts, and the Massachusetts Towns of Hanover and Millis.
“Renewable energy technologies and efficiencies have come a long way,” said Alan Kurzer, CEO, Tradition Energy. “Our local government clients are often surprised when they learn how easy it can be to develop a sustainability strategy, evaluate a variety of innovative renewable energy supply options and then execute a cost-effective solution that not only reduces consumption and expenditures in the near term but can stabilize rates for many years into the future.”
“If you are a government organization, today’s marketplace offers so many good reasons to be evaluating green procurement options not the least of which is to achieve long-term sustainability and cost control for your local jurisdiction,” said Maura Yates, CEO, Mothership Energy Group. “Renewables are no longer a “nice to have,” they should always be included in any procurement discussion.”
G. Scott Merrell, Senior Director, Marketing, 713-609-9922 Scott.Merrell@TraditionEnergy.com
About Tradition Energy
Tradition Energy is one of the world’s largest and most experienced energy risk-management and procurement advisers. Tradition serves more than 1,300 clients ranging from Blue Chip companies to medium-sized businesses to public sector organisations, with over 80 billion kilowatt hours in energy usage and more than £12 billion in energy spend managed. Clients partner with Tradition Energy to manage their energy price risk exposure and to develop and implement risk management strategies to control and reduce their energy expenditures. Tradition Energy is part of the Tradition Group, one of the world’s top 3 institutional brokers of financial products and commodities with over 2,300 employees in 29 countries, publicly listed on the Swiss stock exchange (CFT). www.TraditionEnergy.co.uk
Mothership Energy Group (MEG) is a boutique, female-owned energy solutions company providing advisory, consulting and analytical services for energy management, with a focus on low-carbon technology solutions such as solar, wind and battery storage. Our team of retail and renewable industry veterans has distinguished experience working on strategies, structuring, and execution of innovative new renewable market solutions across the country, focusing on the integration of renewable energy hedges with traditional thermal market supply resources. https://mothershipenergygroup.com/