After reviewing renewable energy options and identifying preferred solutions, successfully implementing those solutions can be challenging.
Renewable energy buyers must first identify the best partners, with the best projects, and the most favorable commercial terms. After identifying favorable projects, buyers must then earn executive or board-level approval to move forward with preferred projects. And then, finally, buyers must successfully navigate a challenging and often unfamiliar contract negotiation process.
What is Renewable Energy Implementation?
Renewable energy implementation is the process of incorporating wind, solar, or other renewable energy into your energy portfolio. Renewable energy implementation may include the construction of renewable energy assets behind the meter, on your physical premises, or it may include the sourcing of renewable energy produced off-site.
The Benefits of Renewable Energy
While renewable energy is not the only method to reduce greenhouse gas emissions, it is the most scalable. Incorporating renewable energy into your energy portfolio is most likely the quickest way to reduce both the greenhouse gas emissions that your organization discloses and those that are emitted into our atmosphere. Renewable energy solutions can also be implemented without capital expenditures, and several types of renewable energy solutions can be implemented on accelerated timelines.
ENGIE Impact’s Renewable Energy Program
ENGIE Impact is a market leader in global renewable energy program implementation. Our four offerings in renewable energy allow us to support clients from strategy to implementation.
1. Implementation Strategy
Perform a deep dive into our client’s priorities, timelines and constraints
Lead in-depth conversations focused on risk management, tendering, evaluation processes, and project timelines and milestones
Navigate regulations and technologies to find best-fit solutions for clients
2. Renewable Energy Sourcing
Ensure pre-approval of implementation strategy and financial/risk parameters by the client's decision-makers
Bring forward qualified opportunities either through competitive procurement events or bilateral market development
Work with the client's team to co-develop tendering materials that highlight the specific risks and benefits of individual projects
3. Financial and Risk Analysis
Leverage decades of collective experience, award-winning tools, and the industry’s most robust evaluation process, to help the client's team identify and assess the merits of qualified opportunities
Collaborate with client teams to present financial and risk assessments to your leadership and help secure executive approval for individual projects
4. Project & Performance Management
Manage projects to ensure construction milestones and contract obligations are achieved
Provided financial and environmental performance reports on individual projects and broader renewable energy portfolios
Audit complex renewable energy settlement invoices to ensure revenues and liabilities reflect the terms of the client's agreements, and that future financial risk can be properly managed
Ensure that renewable energy programs are successful by providing ongoing support after the contract has been executed
New report assesses corporate response to climate change, identifies 12 major roadblocks to decarbonization and 6 key actions to accelerate progress to Net Zero.
Renewables & Your Energy Management Strategy
Hundreds of billions of dollars are invested in renewable energy projects each year, and that number will continue to increase as costs decline, stakeholder pressure increases, and renewable requirements are expanded—making now the time to act.
Interconnectivity Key to Unlocking Pilbara’s Renewable Energy Potential
The Pilbara region of Western Australia (WA) needs a collective approach to renewable energy that connects private and public grids to optimize renewable energy sourcing.