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Three Rivers Energy has
been managing energy for large end users since 2002.
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PJM Interconnection |
Three Rivers Energy manages the energy requirements for a large
retail customer with 1000MW of load and over 200 accounts spread
across nine distribution companies in PA, MD, DE, DC, NJ, and
IL. Energy management responsibilities include product structuring,
vendor selection, contract negotiation, implementation, account
enrollment, scheduling, transmission congestion management,
settlement, and allocation. This includes managing the PJM
Interconnection LLC relationship on behalf of our customer.
We have procured wholesale energy, financial transmission rights
(FTRs), and capacity in order to mitigate long term price volatility.
As a result, our customer’s energy costs are significantly
less than the default utility standard offer service (SOS).
We also work directly with our customer’s auditors to
assure compliance with FASB and Sarbanes-Oxley regulations.
Additionally, we provide budgeting, forecasting, and tracking
for this customer.
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California |
Three Rivers Energy manages a tolling agreement for a large end user of energy.
This consists of procuring generation capacity from a state of the art
combined cycle natural gas plant, negotiating a gas supply agreement, scheduling
and delivering the gas to the generator, and managing the electric supply
from generator to ISO to meter and provide all settlement, verification,
and cost allocations for over 500 accounts, over 7 million MMBTU of natural
gas, and 160 MW of electricity. We also provide budgeting, forecasting,
and tracking reports for this customer. |
California |
Three Rivers Energy manages electricity supply for a high tech software company
behind three utilities. We manage all aspects of energy including product
structuring, vendor selection, contract negotiation, implementation, account
enrollment, settlement and verification, and allocation. Additionally,
we provide budgeting, forecasting, and reporting for this customer. |
Texas |
Three Rivers Energy manages a unit contingent supply
arrangement with a coal powered generation plant on behalf of a
large end user of electricity. Responsibilities include product
structuring, contract negotiation, implementation, account enrollment,
settlement, verification, and allocation. We also provide accounting
documentation for our customer auditors to assure compliance with
all FASB guidelines. We manage over 50MW of electricity across
three utilities and over 125 accounts. |
Oregon |
Three Rivers Energy manages 30MW of electricity and over
80 accounts in Oregon. Our responsibilities include rate analysis,
product structuring, vendor selection, contract negotiation, transmission
and congestion management, settlement, verification, and allocation. |
Canada |
Three Rivers
Energy recently completed a long term agreement with a large end
user in Alberta. This transaction included a complex
analysis of an existing supply agreement from which we made a recommendation
on new ways to manage energy within the parameters of this agreement.
The end result was a dramatic reduction in energy costs for the
customer. We worked closely with all aspects of our customer’s
organization including legal, accounting, facilities, and their
executive team to fully explain the details and risks of the transaction. |
California |
Three Rivers Energy has developed and implemented a greenhouse
gas reduction program for a retail customer. This has resulted
in a commitment to reduce greenhouse gases by over 5% below year
2000 levels, a comprehensive greenhouse gas inventory and a third
party audit. |
California |
Three Rivers energy has provided financial
analysis and contract negotiation support for a large retail customer’s
solar initiative. This has resulted in the implementation of multiple
photovoltaic installations with reduced energy costs. |
California, Illinois, Pennsylvania,
Maryland, DC, Colorado, Washington |
Three Rivers Energy has assisted in the product design,
vendor selection, contract negotiation, implementation, and settlement
of core and non-core gas requirements for over 1000 commercial
accounts. |
Nationwide |
Three Rivers Energy implemented a diesel hedging strategy
using heating oil forward contracts for a customer with a large
national trucking fleet. This provides stability, predictability
of costs while eliminating counterparty risk and costly mark ups
associated with fixed price arrangements with multiple regional
and local undercapitalized fuel services companies.
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International |
Three Rivers Energy performed an analysis of renewable
energy purchasing options for an international high technology
company which identified the best opportunities to purchase renewable
energy for facilities located in Europe, Asia, North America, and
South America. |
New Energy Technologies |
Three Rivers Energy has developed long term pricing curves
for renewable energy taking into account development and deployment
forecasts for new energy technologies including biomethane, fuel
cells, thin film solar, and concentrated solar technologies. The
customer used this information to plan a carbon neutral strategy. |
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