RADIANT ENERGY CONVERTS CONSEQUENCE INTO PAYOUT FOR ASPHALT PLANT
When one of the largest asphalt and concrete manufacturers in North America decided to shut down one of its facilities, it appeared as though the company would have to pay the utility $7,600 for outstanding energy contracts. Yet, when Radiant Energy provided energy expertise and researched the case, it turned out that the utility owed the asphalt group, not the other way around.
Market Volatility Involves Dynamic Energy Strategy: In today’s global economy, production requirements can shift quickly, causing some companies to close sites unexpectedly. When this occurs, companies often find that they are obligated to volumes of contracted, and unused, energy. Understanding the site’s procuring history in relation to the changing market enables companies to avoid unnecessary losses during liquidation.