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Monday, June 15, 2009

Dallas-Fort Worth International Airport lands new energy contract

Ha ha, lands, get it? Like, lands a plane. Except this time it landed an energy contract. Zing!

Dallas/Fort Worth International Airport has executed a new electricity and green energy contract through the World Energy Exchange.

World Energy, which operates online exchanges for energy and green commodities, conducted a competitive procurement event on May 26, running multiple online auctions that provided DFW price discovery for various product structures, term lengths, rates, and mixes of traditional and green energy. As a result, World Energy helped DFW secure a term electricity contract for nearly 300,000,000 kWh annually, beating its prior rate while adding 20% renewable energy to its mix. Delivery begins March 1, 2010.

"Energy is an 8-figure annual investment at DFW," said Rusty Hodapp, LEED AP Vice President, DFW International Airport. "We worked very closely with World Energy on this strategic procurement and are delighted with the results."

Source: DFW International Airport



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