As your Energy Advisor, we work with you to understand your load requirements, operational needs, business objectives and sustainability goals. To start, we review how you use natural gas, what is your risk tolerance (price and volume), and how volatile is your natural gas region. With that knowledge, we leverage our expertise, insights, and historical data to create a personalized solution that achieves your goals now and into the future.
Freedom works with the nation’s largest natural gas suppliers. We are supplier agnostic and help to identify the best short- and long-term procurement strategies for you. Load management begins with Basis tracking to establish when to buy for you. Once a purchasing period is established, Freedom works with you to establish how to mitigate upside risk and enact a purchasing plan. The plan may include multiple load tranches for basis or basis and commodity. Planning to mitigate risk for natural gas supply is a critical service we provide for our clients.
With our experience in the industry and long history assisting our clients, our expertise provides value in the constantly changing energy market. As a result, we identify the best contract and rate options for you whether locking in your natural gas rates with a fixed price, variable price, or procuring on the spot market.
Freedom Energy offers innovative and expertly backed natural gas solutions. We proactively reach out to our clients to keep you informed of market volatility, and with opportunity, we provide dynamic strategic responses.
Director of Natural Gas Sales
Sean is responsible for developing specialized procurement and load management strategies for clients. Leveraging his market expertise and specialized industry knowledge, clients achieve their short- and long-term energy procurement goals. Sean’s consultative and data driven approach allows for a partnership with his clients that has client service at its core.
With an investment background, Sean is well-suited to address the risks associated with buying commodities. He is an expert in dual-fuel switching strategies and he manages the Natural Gas Consulting service offerings at Freedom. Clients rely on Sean’s expertise to help make informed procurement decisions year after year, and he specializes in creating long term professional relationships with his clients. His primary focus is on industrial and commercial clients, and providing tailored gas procurement strategies to support their requirements.
FIXED PRICE: TIME THE MARKET AND LOCK IN YOUR BUDGET
A Fixed Price solution for your natural gas supply provides a set price for a defined volume for a specific contract term providing budget protection from natural gas price fluctuations. We monitor the daily markets and strategize with you on how and when to purchase your natural gas. Procurement timing is critical. A fixed rate helps you avoid price spikes but knowing when to buy is equally as essential.
Benefits of Fixed Price include:
- Commodity is fixed, Basis is fixed, and your volume is defined for a fixed term.
- Cost stability protecting you from market volatility and fluctuations in the gas market.
- Greater budget certainty and predictability, and best when you’re confident in predicting your usage.
- Works for clients with a low risk tolerance or little budget flexibility.
While this type of solution provides price stability and budget certainty, there are some potential risks associated with a fixed price solution. For example, if you have changes in your usage patterns that may also provide a negative impact.
We advise our clients on the best time to purchase and when to extend existing contracts. Simply waiting for your contract expiration date may not be the best time to buy. As industry experts, we watch the market for trends and drops in pricing, notifying you of advantageous periods.
Basis Plus NYMEX
Basis Plus NYMEX is a monthly-priced, variable product with two primary components including NYMEX (commodity) and Basis (the regional adder). Under this structure, Basis is locked at a fixed rate to eliminate monthly regional risk while the NYMEX floats and settles monthly. This type of contract typically requires a specific contract volume to lock Basis and provides price stability while limiting exposure to regional risk.
NYMEX is the cost of the commodity and is based on the price of gas at a set-point such as Henry Hub. Basis can vary widely throughout the country and is the regional differential to the NYMEX Henry Hub price. It can be either an additional adder or a discount to the NYMEX price. Driven by regional supply and demand, in high-demand areas it may be at a premium or in an over-supplied area available at a discount.
Basis continually fluctuates based on supply and demand and includes delivery charges, taxes, fuel costs, and supplier margin. Basis Plus NYMEX is a fixed Basis product where the commodity price floats monthly, and the volume is defined on transport.
BLENDED HEDGES
Freedom provides a variety of customized procurement strategies by blending variable and fixed rate solutions to achieve an optimal solution to support your unique objectives.
SPOT MARKET & CASH PURCHASING
The natural gas market is complex and constantly changing. Purchasing on the spot market offers volume flexibility but also involves risk. Freedom offers load management services including daily nomination and load purchasing via intraday trades or block buys to avoid penalties.
COGENERATION
Combined heat and power (CHP), also known as cogeneration, provides a more efficient use of fuel or heat because otherwise wasted heat from electricity generation is put to productive use. Cogeneration is a highly effective form of energy conversion and when using gas engines, it can achieve up to 40% energy savings compared to a separate purchase of grid electricity and gas. When the fuel for a gas engine is in the form of a renewable, such as biogas or hydrogen, CHP can be a highly sustainable source of electricity and heat. Freedom, along with our energy services partner, can provide cogeneration solutions that can be deployed in a wide range of environments to save money and reduce carbon emissions.
FUEL SWITCHING
Fuel switching replaces inefficient fuels with cleaner and more economic alternatives such as converting from fossil fuels to natural gas or renewable alternatives. In addition, complimented by efficiency measures, and equipment and infrastructure upgrades, in many cases fuel switching is a simple approach to reduce energy consumption and costs while curbing carbon emissions in support of sustainability goals.
Benefits of Fuel Switching include:
- Solution for tempering rising energy prices and the drive for low carbon fuels
- Long-term energy cost savings and potential for improving economics of fuel switching projects
- Performance improvements
- Support for compliance requirements, regulations, and tariffs
- Energy security in that under certain market conditions fuel switching can enhance the reliability of the energy supply
- Environmentally friendly fuel switching can provide reputational capital with policy makers, investors, and consumers while also having a positive impact achieving sustainability goals to reduce carbon emissions.
