The Eastern Energy Buyers Group was established in 2017, to allow Commercial and Industrial businesses to jointly purchase gas and electricity.
ACCC approval for the group was received on 22 November 2017.
This approval allows EEBG to jointly purchase up to 16,000,000 GJ per annum of gas and 4,500,000 MWh of electricity per annum for participating Buyers.
Any businesses spending more than $1 million per annum on energy could benefit from participation in the EEBG platform.
Participation in the EEBG platform gives buyers access to:
EEBG is a uniquely independent platform for energy buyers by energy buyers.
Participation in the EEBG platform gives buyers access to:
EEBG is a uniquely independent platform for energy buyers by energy buyers.
Eastern Energy Buyers was founded in Sydney by Richard Doyle in 2018 as a truly independent platform delivering energy supply solutions for Australian businesses. Our core service for customers was the Eastern Energy Buyers Group aggregation platform.
A few months later, Royce De Sousa (Director) established our Melbourne office. Royce is one of the most experienced industrial buyers of energy in the market and a pioneer in the deregulated gas markets on the east coast.
Our goal is to deliver energy supply solutions designed by buyers, for buyers. The gas and electricity markets on the eastern seaboard of Australia are now experiencing levels of cost, uncertainty and volatility, never before seen, increasingly influenced by offshore energy markets such as LNG.
Eastern Energy Buyers recognises that these market conditions and challenges call for a fresh look at the way we buy our energy and a questioning of “traditional” practices. As a truly independent platform, we are not influenced by historical or current relationships with retailers and other suppliers. We are not an aggregation platform for retail partners, we work for you, medium and large Commercial & Industrial Users, to secure Energy on Your Terms.
The energy markets can seem incredibly complex and difficult to navigate, often deliberately so. We strip back the complexity and guide our customers to more appropriate and competitive supply solutions.
50 years combined experience in both Australian and offshore energy markets is at your disposal, customising solutions to meet your business’ operational and financial needs.
Eastern Energy Buyers recognises that these market conditions and challenges call for a fresh look at the way we buy our energy and a questioning of “traditional” practices. As a truly independent platform, we are not influenced by historical or current relationships with retailers and other suppliers. We are not an aggregation platform for retail partners, we work for you, medium and large Commercial & Industrial Users, to secure Energy on Your Terms.
The energy markets can seem incredibly complex and difficult to navigate, often deliberately so. We strip back the complexity and guide our customers to more appropriate and competitive supply solutions.
50 years combined experience in both Australian and offshore energy markets is at your disposal, customising solutions to meet your business’ operational and financial needs.
View the following articles published in The Australian referring to EEBG:
With more than 20 years’ experience in energy markets in Australia, Asia and North America, Richard recognised the need for a new alternative for Australian businesses, outside of the traditional retail energy procurement model. He understands the benefits that can flow to end users from the aggregation of buying power, access to wholesale markets and the breaking down of market information barriers.
Over his career, Richard has held senior roles with ANZ, Credit Suisse and Macquarie both in Australia and the US. He has extensive experience in physical and financial markets including electricity, environmental, natural gas, LNG and oil.
Richard is also a Founder and Director of Hivve Technology, a renewable technology company, and a Director of Langu Resources, an independent energy consultancy.
Richard holds a Bachelor of Economics from the University of Sydney.
Prior to joining EEBG, Royce had some two decades experience in the energy sector most recently as General Manager – Energy & Sustainability for Visy Industries, a large corporate energy user and energy generator.
While at Visy, Royce managed “anything and everything” to do with energy. This included active energy purchasing and hedging of a range of energy commodities, having enlisted Visy in various wholesale gas markets since the early 2000s and taking indirect exposure to wholesale electricity markets.
Royce also put forward business cases for and saw through waste-to-energy, co-generation and solar projects. Royce also managed Visy’s carbon & renewables revenue, reporting and liability, its energy efficiency and demand response programs and Visy’s lobbying of government and government agencies with respect to energy.
Royce was a Member of the AEMC (Australian Energy Markets Commission) Reliability Panel representing the interests of all Large Energy Users.
Royce also oversaw the acquisition and conversion of a large gas-fired combined-cycle generator, of little value in a high gas price environment, to a 120 MW fast start peaking generator. Royce registered the facility as a valuable peaking Market Generator in the National Electricity Market before assisting Visy with its sale to wind generation company, Infigen.
Royce is also the founder of poweRD Consulting which provides specialist energy consulting primarily to commercial and industrial energy users. Prior to his energy role at Visy, Royce held engineering roles and prior to Visy held roles at ABB Switzerland, Macquarie Bank and Freehills law firm.
Royce holds a Bachelor of Laws and a Bachelor of Engineering (Mech) (Hons) from Monash University
Prior to joining Eastern Energy Buyers Group, Cody was responsible for Visy’s Energy Purchasing and Strategy with the aim of reducing cost and delivering revenue for the business.
While at Visy, Cody was managing the energy portfolio of $100 mil - $200 mil p.a through upstream producer negotiation, direct gas market participation, power station trading, energy hedging, carbon and environmental commodities trading and waste to energy co-generation plant commissioning and operations.
Cody had also successfully secured a number of Government grants worth several million dollars to support energy efficiency and generation initiatives with the most recent completed project being a 1.9 MW roof-top solar and battery installation in Adelaide.
With an eye for detail and a passion for energy and savings opportunities, customers will benefit from Cody’s in-depth knowledge and reap the benefits of innovative energy solutions.
Cody holds a Bachelor of Engineering (Chem) (Hons I) from Monash University.
Eastern Energy Buyers’ team located in Sydney and Melbourne have 50 years collective experience in all areas of gas supply and portfolio management.
As pioneers of the wholesale gas market participant model for industrial businesses on the East Coast of Australia, the team brings extensive and practical experience in the management of large gas portfolios (5PJ+ per annum).
Director Royce De Sousa
Phone 0419 217 085
Email enquiries@eebg.com.au
Address
Ground Floor
35 Cotham Rd, Kew
VIC, 3101
Director Richard Doyle
Phone 0447 333 402
Email enquiries@eebg.com.au
Address
Suite 113
56 Berry St, North Sydney
NSW, 2060
