Enegence, a specialized consultancy dedicated to the power sector, plays a pivotal role in empowering market participants and end users—to make informed decisions in their electricity selling and purchasing endeavors.
Drawing on extensive experience and active participation in shaping market rules and regulations, established in 2014, it provides invaluable insights and practical support in areas like demand connections, power plant interconnections, business model development, operational system implementation, and pricing strategy formulation. Enegence’s holistic assistance is geared toward enhancing investment profitability for clients by offering regulatory guidance and operational support.
Distinguishing it is its exclusive SMART software, which consolidates regulatory compliance, augments market intelligence, and fine-tunes operational processes. The all-inclusive solution simplifies complex procedures, prioritizing transparent and clear processes over obscure ‘black box’ solutions.
“Our rare insight bridges the gap between regulatory frameworks and practical market operations,” says Jose Buganza Debernardi, CEO at Enegence.
A Comprehensive Approach to Market Excellence
End users face numerous challenges when it comes to procuring power. Acquiring a supply contract is intricate, demanding a substantial level of expertise and specialized tools to effectively model the implications of offers and provide estimates. Understanding and evaluating market risks and translating these into a monetized risk assessment to mitigate potential financial losses is crucial. Translating these assessments into contractual agreements involves complex mathematical equations that can be daunting.
Enegence supports clients by aiding in the modeling process through its SMART software. It assists in decision-making by presenting the results and assessing risks and plays a key role in drafting contracts. It has written the majority of mathematically formulated contracts prevalent in the wholesale power market.
Our rare insight bridges the gap between regulatory frameworks and practical market operations
Enegence extends this technology to market participants and customers alike, democratizing access to state-of-the-art tools that enhance market operations.
In Mexico, another substantial challenge exists in the business model where industrial parks procure power in bulk and redistribute it to companies within their facilities. The industrial parks are responsible for selling power to end users engaged in various manufacturing activities and technology development. Enegence is currently evaluating approximately 90 percent of such operations in Mexico.
As nearshoring gains prominence in Mexico, the need for developing electricity infrastructure has become apparent, as there is a notable shortage, and government initiatives in this regard have been lacking. Enegence is actively supporting these industrial parks in securing funding for the development of electrical infrastructure. It assists in aggregating the procurement of qualified power supply, which is then resold to the companies within the industrial parks. Managing this entire operation is complex because it encompasses the purchase and sale of energy and the maintenance of the entire power infrastructure.
Companies often seek guidance on operating under specific regulatory conditions, dealing with Power Purchase Agreements (PPAs), optimizing their operations, obtaining duration permits, and managing connection or interconnection issues. Enegence offers comprehensive regulatory assessments to help companies navigate these challenges effectively.
Enegence also assists in resolving disputes and controversies among market participants or between buyers and end users. It provides expert guidance, using registered court professionals to assess technical elements within these conflicts and offer determinations to support a fair resolution.
“We provide comprehensive solutions that combine technical, financial, and legal expertise to our clients,” says Debernardi.
The company endeavors to address any challenges its customers encounter and aims to resolve them, resulting in economic benefits. If a legal dispute arises over a specific amount of money, it identifies the core issue to be solved. It offers various solutions and strategies, often adapting to unique situations to assist its customers in their decision-making process. Following this, it engages in planning, provides feedback, and executes a tailored approach. Ultimately, the measure of success lies in the amount of money saved or gained for its clients.
For instance, in the case of an industrial park, Enegence is currently examining documents for a potential joint venture between two companies—one focusing on infrastructure and the other on land production. Through a comprehensive business model, it projects potential earnings of 3.2 billion pesos over the next ten years. It proposes a detailed roadmap with milestones, timelines, and necessary actions. This plan includes conceptual, regulatory, financial, and technical assessments, meticulously documented for clarity and transparency.
Streamlining Power Connections
When companies enter Mexico, they face challenges in connecting to the grid efficiently. Without prior knowledge of where to establish connections, the process could stretch for years, costing substantial amounts. Enegence conducts power flow analyses to determine the optimal connection points, reducing the potential three-year, high-cost scenario to a five-month, cost-effective solution that saves time and money.
Once connected, these companies need support to optimize their operational efficiency in building and developing the infrastructure. Enegence oversees the entire process, managing documentation, analyses, and the necessary blueprints essential for successful grid connection. It handles the complexities of the post-grant processes, advising on contracting for infrastructure development and construction. It ensures competitive processes that result in cost-efficiency and timely execution, allowing these companies to hire qualified suppliers at the lowest cost.
Enegence ensures competitive pricing and reliable power procurement for companies seeking energy solutions, providing assurance in meeting their power needs effectively.
The support Enegence provides is applicable across various industries and is increasingly essential for manufacturing companies setting up operations in Mexico.
In addition, it collaborates with legal firms to oversee the legal framework and documentation required for the venture. While they concentrate on the legal aspects, Enegence focuses on the financial and technical elements. Following the comprehensive implementation of the solution, including software integration and knowledge transfer, it equips clients with the tools and expertise for daily operations.
Underpinning its operational excellence is a stellar team scripting numerous success stories. Enegence focuses on nurturing expertise within the complex domain of power markets by strategically recruiting recent graduates. Through a dedicated emphasis on training and supervision, the company has successfully built a strong and high-achieving team. To maintain quality, Enegence implements a rigorous quality control policy mandating all results delivered to customers undergo a meticulous dual-partner review, guaranteeing accuracy and reducing errors to a minimum.
Enegence's vision is undoubtedly promising and will mark a new way of doing business within the power industry.
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