The success of the Exchange has gone viral within the Electricity sector and it was a logical evolution for the platform to move into Natural Gas.
Houston, TX (PRWEB) December 19, 2013
EMEX, LLC, a leading firm providing energy procurement-based risk management services in the deregulated regions of the United States, announces it has launched its Reverse Auction online platform for Natural Gas within the state of Pennsylvania.
The Energy Market Exchange (EMEX) is a real-time platform where the buying and selling of natural gas and electricity takes place. The Exchange facilitates business through an online trading environment using EMEX’s advanced Reverse Auction technology. Commercial and Government entities act as the buyer and submit their energy requirements through the Exchange platform for National Retail Energy Providers (the sellers) to bid against each other and win the opportunity to be the Consumer’s energy supplier. This dynamic process of an online energy exchange allows customers to achieve a true market price for their energy needs.
EMEX’s Flagship platform, The EMEX® Reverse Auction - recognized for its Innovation and Excellence in Electricity Procurement - is now available for Natural Gas Procurement in Pennsylvania. Through this platform, EMEX already helps procure billions of kilowatt-hours of electricity for its customers throughout the deregulated states, reducing energy expenses by over one hundred million dollars annually.
“The success of the Exchange has gone viral within the Electricity sector and it was a logical evolution for the platform to move into Natural Gas. We initially opened the platform in New Jersey, and from there, success followed in Illinois and now Pennsylvania and our other new markets, New York and Ohio. We look to be in an additional 20 states for Natural Gas by Q2 2014. This market momentum, combined with the development of Exchanges to commoditize many new industries such as propane and petrochemical procurement, position us to have a game-changing year in 2014,” commented Ryan Segmond, Vice President of EMEX, LLC.
About EMEX, LLC
EMEX, LLC is a privately-held firm specializing in energy procurement-based risk management consulting in deregulated regions of the U.S. EMEX’s complete portfolio of services and proprietary, online platforms are entirely focused on reducing the cost of energy in real-time for business and government consumers. EMEX’s mission is to put the Power to manage energy spending in the hands of its clients with smart, groundbreaking technology designed to dramatically simplify energy procurement. Core to EMEX is the Flagship brand EMEX® Reverse Auction Platform, recognized for its Innovation and Excellence. For more information, please visit: http://www.EnergyMarketExchange.com