BelVis for trade and procurement Structured procurement made economical.

Nikola Tesla. The birth of alternating current. Nikola Tesla’s idea, to build an AC generator, was met with misunderstanding. Colleagues labelled it ”perpetual motion - an impossible concept!” The 1880’s have been described as a “direct current” era and the end to the dominance of DC was not in sight. Tesla was sure of himself: even if he didn’t already have the solution to the problem, it was just a matter of time before it would surface somewhere in his head. During a stroll, the idea finally hit him like a bolt of lightning, and he sketched a diagram into the dust: The alternating current diagram, which was so simple and yet so effective that its use led to a technical revolution.

New substructures of profitability - Energy management for power industry In the deregulated energy market, trade and procurement companies are coming under pressure to decrease their own procurement costs. In particular, public utility companies operating primarily in the power supply market are expected to exploit market opportunities and replace their full-service power supply with structured procurement. Every distribution agreement concluded on the market is another step towards portfolio management and, before long, the border to operational risk will have been crossed - especially given the constantly increasing number of agreements, primarily for the short-term. To maintain carefully targeted control of purchases and sales at all times, bearing in mind the anticipated trends in requirements and markets, it naturally follows that it is necessary for trade companies to implement portfolio management if they trade over several control areas - and often in several countries as a result - and if their trading activities extend beyond pure procurement.