National Express Bus has partnered with SQE and Zenobē to overhaul its UK energy procurement model, enabling the company to reduce costs, manage risk and cut emissions.
The two-year collaborative agreement provides National Express Bus with an end-to-end power management solution for its electric fleet.
SQE’s dynamic procurement model will enable Zenobē to manage 47GWh of renewable energy, supporting National Express Bus’s ambition to achieve a zero-emission fleet.
The power supply solution has enabled National Express Bus to move away from a traditional fixed-price energy contract, which can expose organisations to significant cost risk during periods of market volatility.
Instead, this new model facilitated by SQE’s platform allows National Express Bus to purchase electricity through Zenobē’s power procurement team at live wholesale prices, and sell unused energy back to the grid when consumption is lower than forecast.
Together, SQE and Zenobē protect the fleet’s energy budget against market volatility, while ensuring energy is purchased, managed and reconciled efficiently.
The approach is particularly well suited to National Express Bus’s operational profile, with 80-90% of energy consumption occurring overnight as vehicles return to depots for charging.
By aligning procurement with actual usage patterns, SQE and Zenobē’s approach ensures National Express Bus’s energy is purchased and reconciled efficiently.
Roy Brewer, Head of Strategic Sourcing at Mobico Group – parent company of National Express Bus – said: “As volatility in the energy market continues, we need to be smarter about how we buy energy.
“SQE and Zenobē’s approach is a breath of fresh air in corporate energy procurement.”
