UX Energy Services is a trading name of The Utilities Exchange Limited, incorporated in 1995. In September 2000 the company acquired Buyenergyhere, a web-based procurement platform owned by Norsk Hydro and this provided the basis for significant development and strengthening of the company and its ability to service ever more sophisticated energy clients.
Substantial investment has been made in system development. The UX Online® Solution has been developed to provide a web-based platform with the inherent capability to support very large, complex, high consumption and multi-site clients.
Volatile and complex markets have demanded increasingly more sophisticated techniques and processes to manage a client's energy budget. UX has developed Energy Risk Management processes, strategies and systems with unique methodologies and extensive knowledge of markets that keep risk under control. Our Risk Management operation is comprised of experienced financial practitioners who are ready to take advantage of favourable market movements - expertise that has saved individual clients millions of pounds, even in the challenging climate of today.
Through the development of UX Energy Services integrated energy procurement, risk management and energy management system, combined with associated supply contract management, energy consultancy and compliance services, energy buyers and managers achieve much sought-after cost reductions and resource savings that would otherwise prove elusive - in the process turning complexity into simplicity.
Today, at the core of our operations Risk Management techniques and processes are harnessed to determine and implement the right energy procurement strategy for each individual client. We work in partnership with our clients to keep the challenge of volatility and uncertainty in energy markets under control, whatever the direction of the market.
