CATEGORY

Electricity

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Market Data, Sourcing & Supplier Intelligence, and Price & Cost Benchmarking.

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Category Alerts


CATEGORY ALERTS

Plant Shutdown

July 20, 2022
alert level: Low
CATEGORY ALERTS

Capacity Addition for R- HDPE

July 25, 2022
alert level: Low
CATEGORY ALERTS

Dow Chemical?s globally reduced operating rates by 15%

September 12, 2022
alert level: Low

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Electricity Market Monitoring Dashboard


Price Trend
1422.00
Nov-2022
USD/MT
History Forecast
Supply Demand

Understand the correlation between costs, margins, and prices impacting your category on a real time basis on Beroe LiVE.Ai™

Electricity Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Electricity category is 1.80%

Payment Terms

(in days)

The industry average payment terms in Electricity category for the current quarter is 85.0 days

Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™

Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Electricity Suppliers


    11,973
    Total Suppliers
    544
    Diverse Suppliers
    73
    Normalized Supplier Rating
    Electricity Supplier

    Find the right-fit electricity supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    Air Products and Chemicals Inc.
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    2
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    56

    100
    Robust (1)
    ESG Perfomance (/100)
    Environment
    53
    Social
    55
    Governance
    65
    6 Domains Performance (/100)
    Business behaviour
    62
    Human rights
    58
    Community Environment
    46
    Corporate governance
    66
    Human resources
    51
    Security Scorecard
    89

    Threat indicators
    A
    91
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    B
    87
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    75
    Application Security
    Detecting common website application vulnerbilities
    B
    88
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    100
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    100
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    airproducts.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    5
    Human Rights Issues
    0
    Production Supply Chain Issues
    1
    Environmental Non Compliance Flags
    6
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    0
    Fraud Issues
    0
    Labor Health Safety Flags
    0
    Regulatory Issues
    0
    Workforce Disputes
    0
    Sanctions
    0
    esg energy transition
    48
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    No

    Electricity market frequently asked questions


    China’s national demand is poised to surge at around 2-3% CAGR during 2019–2024. In addition, China is among the chief producers of renewable energy. In 2019, the country produced nearly 600 TWh of electricity from wind and solar power plants.

    With the significant demand dip due to the COVID-19 pandemic, several electricity generators in Brazil have witnessed a decline in revenues. As such, the government raised a bail-out package of BR$ 14.8 Bn to help the electricity suppliers for contract settlement and utilization of the transmission system.

    Australia’s electricity price decreased by around 14.6% and averaged about $43/MWh in August 2020. The key factors driving this trend were the notable rise in relatively low-cost offers, with a 2% decline in the operational demand.

    Major end-users in Australia’s electricity market include automotive, residential, industrial, commercial, and healthcare sectors. While the electricity demand slumped considerably in the industrial and commercial domains, the residential load surged due to nationwide lockdowns. Further, the gradual resumption of automobile operations and constant demand from healthcare institutes will bring Australia’s electricity market back on track.

    Brazil’s electricity consumption dropped during Q2 2020, amidst COVID-19-induced stressors, hitting suppliers’ bottom lines. However, the explosive usage of cooling appliances during the summer season is expected to keep the electricity demand intact.

    The subsequent plant shutdowns during Q1 2020 amidst the COVID-19 crisis have drastically affected China’s electricity demand. However, Beroe’s analysis has highlighted demand recovery since Q2 2020.

    Electricity market report transcript


    China Electricity Market Overview

    • The national demand is expected to grow at approx. 2–3 percent CAGR through 2019–2024
    • The electricity market in China is a regulated market with the government controlling the majority of the assets in generation, transmission, and distribution of electricity
    • The market currently has begun in phases, the transition distribution from regulated government entities to exploration of deregulation tools, like the whole sale power market
    • China is one of the largest generators of renewable energy, In 2019, the country has generated about 600 TWh of electricity from solar and wind power plants in 2019

    Demand Trends

    • China is a largely industrial economy, which depend on the global exports. The country has faces some significant demand shocks, due to plant closured in Q1 2020. However, since Q2 2020, the demand has recovered
    • Also, with the new concession in power, prices for small and medium enterprises will support power demand significantly 
    • The generation fuels, such as coal and natural gas, prices have significantly decreased during Q1 and Q2 period, when there were lockdowns in most of the countries that has affected consumption. However, the same has been recovering from Q2 and near pre-COVID levels in Q3 2020

    Impact of COVID-19 on Electricity: China

    • The electricity sector has recovered from a significant impact, as the industrial demand has recovered. Cost of generation also will recover, as the generation fuels, such as coal and natural gas, are expected to resume in exports
    • The demand for electricity has recovered from mid Q2 in May–June as many industrial and export demand increased
    • Prices are not hiked by the government as a measure to support and boost economic recovery
    • Industrial power demand has crossed over an uncertain period, as the pandemic has been under control in China with low new infections

     

    Brazil Electricity Market Overview

    • The global power generation is expected to grow at approx. 2-2.5 percent CAGR through 2019-2024
    • The APAC region, the largest consumers of electricity, would be the pivotal point for this growth amid covid induced pandemic
    •  Brazil is the largest electricity market in South America. The country is expected to increase its power generation by 1–3 percent in the next couple of years

    Demand Trends

    • Electricity demand declined in Q2 2020, affecting revenue generation by suppliers. Cooling demand during summer season in Brazil could contribute to the rise in electricity consumption
    • Latin America- Electricity demand declined withrestrictions amid the pandemic. Demand is recovering with relaxation in lockdowns

    COVID-19 Impact – Electricity (Brazil) 

    • About 65 percent of the electricity generation in Brazil comes from hydro sources, which is expected to have low impact from COVID-19 outbreak. Suppliers faced lower demand and decline in revenue. In the long term, investment in the sector could get affected with economic slow down.
    • Government had to raise a bail out package of BR$ 14.8 billion to support electricity distributors for contract payment and usage of transmission network

    Australia Electricity Market Overview

    • As of August 2020, the electricity prices in Australia experienced a significant reduction compared to July 2020. Australia’s electricity price reduced by 14.59 percent and averaged at $43.22/MWh
    • The key drivers of the low prices in Australia in 2020, especially in Q2 2020, was the significant increase in comparatively low-priced offers, along with a 2 percent reduction in operational demand
    • Between Q2 2019 and Q2 2020, there was a progressive reduction in the price of marginal offers: in Q2 2020, 69 percent of marginal offers were priced below $45/MWh compared to just 33 percent of offers below $45/MWh in Q2 2019
    • Overall, there was a 2,257 MW increase in low-priced offers (below $35/MWh) on average compared to Q2 2019, with increases occurring across every major fuel type

    Demand Trends

    • The large industrial load demand was broadly flat, also the commercial load was also significantly down (around 10–20 percent), however, the residential load increased owing to the lockdown, which almost offset the commercial load reductions, thereby indicating the lower prices from the Q3 2020.
    • Market participants expect the prices to witness gradual upward variations, as the automobile companies have restarted their downstream activities. The gradual resumption in auto demand, continuing demand from medical sector.