The Directors' Energy Report 2014 Question Title * 1. Thank you for taking just 5 minutes to share your opinion of the energy market. A hard copy of the 2014 directors report will be sent to you in November and we trust this will provide you with a valuable insight to board level views and engagement of the latest energy trends. Name: Organisation: Question Title * 2. Is the increase in non-wholesale costs (green taxes, transmission and distribution) a worrying development? Yes No Question Title * 3. Is the capacity mechanism a necessary intervention? Yes No Question Title * 4. Has EMR (electricity market reform) created more headaches than solutions for businesses? Yes No Question Title * 5. Is the lack liquidity a problem for businesses purchasing energy in the UK? Yes No Question Title * 6. Does the carbon floor price work unilaterally in a trading bloc that has the EU ETS - Does it just not force UK industry to economise while other EU countries can pollute more? Yes No Question Title * 7. We are told that wholesale prices are rising, yet for most of this year they have been benign. How do you predict 2015? >20% higher around 10% higher roughly the same around 10% lower >20% lower Gas Gas >20% higher Gas around 10% higher Gas roughly the same Gas around 10% lower Gas >20% lower Electricity Electricity >20% higher Electricity around 10% higher Electricity roughly the same Electricity around 10% lower Electricity >20% lower Question Title * 8. Do you allocate a year on year budget provision or tolerance for increases in energy? Yes No Question Title * 9. At what level do you set your tolerance threshold? 0-5% 5-7.5% 7.5%-10% 10%+ Question Title * 10. Do you consider collaborative buying? Yes No Question Title * 11. How do you rate the transparency and trust from your suppliers & TPI's/Brokers? (1 being poor, 5 being excellent) 1 2 3 4 5 N/A Gas supplier Gas supplier 1 Gas supplier 2 Gas supplier 3 Gas supplier 4 Gas supplier 5 Gas supplier N/A Power supplier Power supplier 1 Power supplier 2 Power supplier 3 Power supplier 4 Power supplier 5 Power supplier N/A TPI/Broker TPI/Broker 1 TPI/Broker 2 TPI/Broker 3 TPI/Broker 4 TPI/Broker 5 TPI/Broker N/A Question Title * 12. Do you find your suppliers charging structure is clear? Yes No Question Title * 13. Is price certainty (fixed) more important to you more than potential cost savings (flexible) when purchasing your energy? Fixed Flexible Hedging via risk management Question Title * 14. Are you expectations being met by your energy purchasing team? Yes No Question Title * 15. Do you monitor / quantify your purchasing effectiveness historically or against any benchmarks? Yes No Question Title * 16. How would you rate these macro factors out of 5 (5 being the most important) in their effect on what you actually pay? 1 2 3 4 5 Weather Weather 1 Weather 2 Weather 3 Weather 4 Weather 5 Government policy Government policy 1 Government policy 2 Government policy 3 Government policy 4 Government policy 5 Currency markets Currency markets 1 Currency markets 2 Currency markets 3 Currency markets 4 Currency markets 5 Wholesale supply & demand Wholesale supply & demand 1 Wholesale supply & demand 2 Wholesale supply & demand 3 Wholesale supply & demand 4 Wholesale supply & demand 5 Supplier / broker margins Supplier / broker margins 1 Supplier / broker margins 2 Supplier / broker margins 3 Supplier / broker margins 4 Supplier / broker margins 5 Geo-political issues Geo-political issues 1 Geo-political issues 2 Geo-political issues 3 Geo-political issues 4 Geo-political issues 5 Credit rating Credit rating 1 Credit rating 2 Credit rating 3 Credit rating 4 Credit rating 5 Contract timing Contract timing 1 Contract timing 2 Contract timing 3 Contract timing 4 Contract timing 5 Risk management strategy (buying effectiveness) Risk management strategy (buying effectiveness) 1 Risk management strategy (buying effectiveness) 2 Risk management strategy (buying effectiveness) 3 Risk management strategy (buying effectiveness) 4 Risk management strategy (buying effectiveness) 5 Contract term Contract term 1 Contract term 2 Contract term 3 Contract term 4 Contract term 5 Question Title * 17. Finally, in November theenergyst will host a breakfast seminar in London’s Capital Club and we would like to hear from you about what you would be keen to discuss and debate further? Are there any areas where further insight will enable you to develop strategies to cope with the changing energy landscape in the UK Is the increase in non-wholesale costs (green taxes, transmission and distribution) a worrying development and what can be done about it? Has EMR created more headaches than solutions for businesses? Capacity Mechanism and how it impacts end-users How can a carbon floor price work unilaterally in a trading bloc within the EU ETS? Surely it just forces UK industry to take up the slack of another EU country? Transparency and trust from suppliers, TPIs and Prices explained. We are told they are rising yet they have remained benign all of this year Other (please suggest) Done
