This major industrial company in the pulp and paper sector operates highly energy-intensive processes. In addition to its significant energy consumption, the manufacturer also has electricity generation capabilities, thanks to the recovery of production waste in its biomass power plants.
The challenge
At the onset of the 2022 energy crisis, amid extreme price volatility, the company sought to balance two key objectives:
- Maximize the value of its electricity production by taking advantage of high wholesale market prices;
- Secure its energy supply under economically sustainable conditions.
Eleneo’s Support
To meet these dual objectives, Eleneo supported the company in negotiating and implementing a flexible contractual framework, allowing it to operate dynamically on energy markets—as both a producer and a consumer.
1. A flexible contract structure
The supply contract negotiated by Eleneo offered significant flexibility, enabling the company to switch between self-consumption and buy/sell models, depending on market conditions and strategic interests.
2. Active energy market management during the crisis
During the energy price surge, Eleneo advised the company on optimizing electricity sales to capture favourable market prices. On the consumption side, the strategy relied on short-term purchasing, guided by real-time price signals.
A lasting outcome
Thanks to this tailored approach, the company now benefits from a robust contractual and operational framework that can adapt to changing market conditions and regulatory constraints. It has managed to mitigate exposure to price risks while maximizing the value of its production assets.
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