Direct Global helped Fibre Technology reduce energy costs and improve operational efficiency by combining flexible energy procurement, contract optimisation and real-time energy monitoring. This tailored approach delivered immediate commercial savings, enhanced visibility of energy consumption and laid the foundations for ongoing cost and carbon reductions.
Like many UK manufacturers, Fibre Technology Limited was navigating an exceptionally volatile wholesale energy market. With prices remaining elevated following the energy crisis, securing a long-term fixed contract at that point would have exposed the business to locking in historically high costs.
Alongside market uncertainty, a review of the client's existing supply agreement identified commercial terms that did not align with their operational strategy. Specifically, the contract structure limited the financial benefit of future energy reduction initiatives, meaning planned efficiency improvements would not translate into their full potential cost savings.
Finally, whilst the business had a strong understanding of its manufacturing processes, there was limited real-time visibility of how, when and where electricity was being consumed across the site. This made it difficult to prioritise investment opportunities and accurately measure the impact of energy reduction projects.
To help Fibre Technology navigate a volatile energy market, we implemented a flexible energy procurement strategy that avoided fixing prices during peak wholesale costs. By purchasing energy as the market recovered, we reduced procurement costs while actively managing risk.
Working closely with the incumbent supplier, we restructured the commercial terms of the energy contract. The restructured contract omitted any constricting conditions and provisions that would previously have reduced the impact of energy cost reduction initiatives, creating a more flexible agreement that supports the company's long-term sustainability and efficiency objectives.
To complement the procurement strategy, we installed advanced real-time energy monitoring across the facility, providing detailed visibility of electricity demand, production load profiles and operational trends. This enables informed decision-making, identifies unnecessary energy consumption and supports continuous optimisation and future energy-saving initiatives.
By restructuring the contract and implementing a flexible procurement strategy, Fibre Technology began seeing savings immediately, with reduced energy costs reflected from the very next billing cycle. Avoiding peak market prices also enabled the business to benefit as wholesale costs fell, delivering significant procurement savings.
Alongside the commercial benefits, the introduction of real-time energy monitoring has provided valuable insight into electricity usage, helping the team identify inefficiencies, optimise operations and support future energy-saving initiatives. With a procurement framework designed to support efficiency improvements rather than restrict them, Fibre Technology is now well positioned to reduce both energy costs and carbon emissions over the long term.
Direct Global continues to support Fibre Technology through ongoing market guidance, energy monitoring and strategic advice, ensuring the business has the tools and expertise to optimise its energy performance year after year.