With a broad range of services, SET is adept at optimizing the assets of
utilities. We provide capacity management and release, commodity purchase
and sale, storage and transportation management, vanilla and exotic options
offerings, storage spread and dual hedging and requirements services. We
manage excess transportation by selling gas at index minus a premium, and
we provide super peak options by calling/selling calls on peak hours of the
day.
Utilities:
Northeast LDCs:
SET manages the supply and
delivery of natural gas to residential, commercial and industrial
customers in various communities.
A Canadian utility:
In structuring a transaction
exemplifying BTU convergence. SET purchased oil from this utility,
stored it and then converted it into power for delivery at a future date.
This oil was exchanged for power in which options on gas were embedded.
Industrials:
A major steel manufacturer in Canada:
SET provided
needed risk and asset management in order to help achieve significant
savings in operating costs. SET assisted the company in optimizing
underutilized assets, aided in the procurement and management of the daily
gas delivery and restructured the contract held with the local gas utility.
Pipelines:
SET's services to the pipeline industry include time swaps ( summer vs. winter), monetizing
assets with PBS, capacity hedges, locational swaps and peaking services.
SET is especially innovative in the areas of index
"minus" structures.
Transmission And Distribution:
SET is a pioneer in the field of new electricity pools, hedging locational spreads through
synthetic transmission and the valuation of capacity in power markets.
