Case Study: Energy Sourcing Review and Supplier Engagement

edenseven Designs Energy Supply Strategy for H2 Green

By conducting an energy sourcing review and engaging with suppliers

H2 Green are a large-scale hydrogen storage business with a focus onsite close to towns and cities across the UK.

H2 Green’s ambition is to build hydrogen hubs that deliver large amounts of hydrogen, providing security of supply for multiple users across whole regions.

H2 Green engaged edenseven, one of the Cambridge Management Consulting group of companies, to build an electricity supply strategy to meet their growth aspirations and environmental requirements.

Project Overview

• To provide a clear outline of the contracting structures within the UK electricity market which would support the green credentials of the business. Structures needed to range from REGO back supply contracts to more complex long-term renewables agreements.

• All contracting requirements needed to meet the ‘Renewables Transport Fuel Obligations’ and ‘Low Carbon Hydrogen Standard’.

• Investigate the commercial opportunities short short-term flexibility of assets and liaise with the supply commodity on product development.

• Support in consultations to government departments relating to the proposed price support mechanism.

Skills & Knowledge

• An energy expert with a detailed knowledge of the UK energy market, with a specific understanding of the evolving policy landscape and how green hydrogen fits into the government’s forward plans.

• An insight into global commodity markets and the various contracting structures currently in place across the supply community.

• A clear understanding of how assets can be utilised in the short-term trading markets and the value of ‘optionality’.

• An individual who holds key relationships across the supply community to enable product development and the ability to influence existing standardised offerings.

Outcome & Results

1. Market Analysis: The delivery of a clear and concise view of all the contracting structures currently being provided with the UK electricity market; this included both physical and financial products.
2. Engagement with Government Bodies: A well-considered submission to the relevant government bodies in response to a published consultation. This outlined the appropriate pricing and support structure needed to accelerate the Green Hydrogen Industry.
3. Supplier and Investor Relationships: The creation of a strong link to key suppliers and investors within the energy market. Promoting the development of Green Hydrogen and the benefits it can bring to global decarbonisation.
   

About Cambridge Management Consulting

Cambridge Management Consulting (Cambridge MC) is an international consulting firm that helps companies of all sizes have a better impact on the world. Founded in Cambridge, UK, initially to help the start-up community, Cambridge MC has grown to over 150 consultants working on projects in 20 countries.

Our capabilities focus on supporting the private and public sector with their people, process and digital technology challenges.

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