Renewable energy is a key solution to help accelerate decarbonization. It is often the most efficient way to reduce Scope 2 greenhouse gas emissions. Moreover, renewable energy has become an important tool to drive strategic value: it’s now a means to improve investor confidence, manage energy price risks, enhance brand value, and even lower energy costs in many markets.
What is a Renewable Energy Strategy?
A renewable energy strategy is a comprehensive approach to achieving strategic sustainability objectives. By leveraging different products and technologies, renewable buyers can manage energy market volatility, avoid power disruptions, reduce their carbon footprint and improve the financial performance of their organization.
Why Do Organizations Need a Renewable Energy Strategy?
Product options, costs, regulations, and emission impacts all vary by region. Many renewable energy products also carry long-term or substantive financial commitments. It can be difficult to grow and scale a renewable energy program without a strategy that aligns an organization’s diverse stakeholders around a common objective and measure of success.
What Key Barriers Hinder Renewable Energy Programs?
Executive sponsorship helps renewable energy programs succeed. Even when organizational leaders help prioritize renewables and set targets, it’s critical that they continue providing guidance and help tie investment decisions back to organizational objectives. With executive participation, tradeoffs can be quickly evaluated and roadblocks can be efficiently removed.
Tailored Renewable Energy Solutions
ENGIE Impact helps clients better understand their renewable energy
sourcing options, establish targets and develop roadmaps to achieve
those objectives and manage the costs and risks of renewable energy
programs. Our energy consultants have deep experience with successfully
creating and implementing renewable energy solutions from stakeholder
education & alignment to renewable energy procurement and project
execution, and everything in between.