GDF SUEZ Energy Resources Announces Exclusive Agreement with EBW MarketPro New Product Suite Reinforces Commitment to Price Transparency, Helping Customers Build Strategies to Manage Market Volatility
HOUSTON, Jan. 14, 2014 /PRNewswire/ -- GDF SUEZ Energy Resources NA, one of the country's largest competitive retail electricity providers to commercial, industrial and institutional customers, today announced an exclusive agreement with EBW MarketPro to provide comprehensive analytical tools to model natural gas prices and assess price risk and exposure.
Through the agreement, GDF SUEZ Energy Resources' customers will receive a free trial and special pricing of the complete EBW MarketPro product suite.
The tools, which were developed by EBW AnalyticsGroup under the direction of Andy Weissman, a nationally-recognized expert on U.S. electricity and natural gas markets, include:
- EBW MarketPro Sapphire, an interactive online platform that enables purchasers to assess market risks and forecast the potential impact of shifts in weather, supply, demand, storage and coal displacement on regional electricity prices.
- EBW MarketPro Energy Risk Report, an incisive monthly analysis of up- and downside price risks in each of the regional electricity markets.
- EBW MarketPro MarketCast, a monthly, high-level overview webcast by Weissman that identifies and explains key market risks and trends.
Weissman said the decision to enter into an exclusive agreement with GDF SUEZ Energy Resources is a reflection of the retail electricity provider's commitment to helping customers understand the risks involved with purchasing energy in today's market.
"I've worked with GDF SUEZ Energy Resources for more than four years and am consistently impressed with the company's efforts to provide customers with the best tools available to create market transparency and support good procurement decisions. EBW MarketPro complements that commitment by delivering insights and analysis on market conditions," Weissman explained. "We're proud to offer our powerful new market analysis platform and tools to GDF SUEZ Energy Resources' large commercial, industrial and institutional customers."
J.D. Burrows, Vice President of Marketing for GDF SUEZ Energy Resources, said the retail electricity provider is honored to work with one of the industry's foremost leaders in energy market analytics and bring additional forecasting services to customers.
"Andy is an authority on energy and environmental policy and is one of the sector's most influential analysts," explained Burrows. "His expertise in energy markets analysis – combined with our capabilities in terms of supply and competitive pricing – gives buyers the information and the platform they need to gain clarity on the market and build an energy management strategy for their business."
On December 5, Weissman led a webinar hosted by GDF SUEZ Energy Resources on electricity and natural gas price risks. The complimentary, online event included a demonstration of EBW MarketPro's comprehensive suite of analytical tools and forecasting capabilities. Commercial, industrial and institutional electricity buyers interested in viewing the recording can download it here to learn more about this tool.
About EBW AnalyticsGroup
EBW AnalyticsGroup has been providing unparalleled analysis of U.S. natural gas and electricity markets for more than a decade. Visit ebwmarketpro.com to check out the new EBW MarketPro tool directly. In addition, EBW AnalyticsGroup offers several cutting-edge research reports, including weekly summaries with a short-term outlook, monthly in-depth analyses with a mid-term view, and quarterly reports on key issues that affect the markets over the long term. They also offer successful on-site and digital seminars that are designed to address the energy issues most important to your company – always tailored to your specific needs, geography, demographic, message and challenges.
About GDF SUEZ Energy Resources NA
GDF SUEZ Energy Resources NA is one of the largest non-residential retail electricity suppliers in the U.S. and currently serves commercial, industrial and institutional customers in 12 markets: Delaware, Texas, Massachusetts, Maine, Maryland, New York, New Jersey, Pennsylvania, Illinois, Connecticut, Ohio, and Washington, D.C. The company serves approximately 70,000 accounts for customers having a peak demand ranging from 50 KW to more than 200 MW, with an estimated peak load totaling nearly 10,000 MW. The company offers electricity service to small business customers under the brand Think Energy™.
For more about GDF SUEZ Energy Resources, visit www.gdfsuezenergyresources.com or call 1-866-999-8374. Follow GDF SUEZ Energy Resources on LinkedIn, Twitter: @GDFSUEZEnergy and Facebook. GDF SUEZ Energy Resources is a subsidiary of GDF SUEZ Energy North America, which manages a range of energy businesses in the U.S., Mexico, and Canada, including electricity generation and cogeneration, natural gas and liquefied natural gas (LNG) distribution and sales, and retail energy sales and related services to commercial and industrial customers. GDF SUEZ Energy North America is a part of the international energy group GDF SUEZ. For more information, please visit www.gdfsuezna.com.
Disclaimer. The views and opinions expressed by Andrew Weissman or in the EBW MarketPro reports, tools and website are for informational purposes only. No reliance may be placed on such information and GDF SUEZ Energy Resources makes no representation as to accuracy, completeness, suitability, or validity of any information therein. In no event shall GDF SUEZ Energy Resources or its directors, principals, agents, employees or representatives be liable for any loss or damage whatsoever arising out of the use such information.
SOURCE GDF SUEZ Energy Resources NA