Utilities launch internet exchange

An internet-based purchasing exchange was launched this week by three UK utilities – Scottish Power, United Utilities and National Grid Company – and nine European partners. They estimate the exchange will account for more than 30% of their non-fuel procurement.

An internet-based purchasing exchange was launched this week by three UK utilities – Scottish Power, United Utilities and National Grid Company – and nine European partners. They estimate the exchange will account for more than 30% of their non-fuel procurement.