Hundreds of organizations around the world have established renewable energy and/or emission reduction targets but lack a clear path toward that desired future state. Very often, these organizations don’t have the internal resources to evaluate product tradeoffs or develop a strong business case, and they risk sinking precious time and resources into renewable energy planning that doesn’t get approved or is not set up to succeed. To overcome these obstacles, ENGIE Impact’s renewable energy consultants help organizations align key stakeholders around common objectives and develop a clear renewable energy strategy that will achieve short and long-term objectives.
How Do You Develop a Renewable Energy Strategy?
Renewable energy strategies and roadmaps must be tailored to the unique circumstances of each organization. For a renewable energy strategy to succeed, it must be rooted in executive buy-in and gain support across multiple functional stakeholders. Once common preferences and priorities are established, organizations can then shortlist the markets and products that best achieve their goals. With rigorous financial and environmental models and documented execution and risk management strategies for select products in target regions, renewable energy buyers are much better prepared to iterate and scale.
How to Execute Effective Renewable Energy Planning
A common challenge, whether you are looking to make your first or next renewable energy investment, is knowing where to start. Renewable energy buyers are faced with many variables:
The types of renewable energy products or projects available can differ by region.
Depending on the “dirtiness” of the local grid, the environmental impact of a renewable energy investment may vary.
The costs of renewable energy products vary by market.
To begin effective renewable energy planning, renewable energy buyers should first gather data, analyze, and find a way to normalize these variables and identify the most cost-efficient path to achieve their objectives.
We take a portfolio approach and try to deploy [renewable energy] products and resources where they make the most sense, not only for the business but from an environmental perspective.
Eric Dominquez VP Facilities, Engineering & Sustainable Operations, Caesars Entertainment
ENGIE Impact Renewable Energy Strategy & Roadmap Services
ENGIE Impact's Renewable Energy Strategy & Roadmap Services are specifically designed to help organizations overcome the obstacles of developing a renewable energy strategy and deciding where to start. Our renewable energy consultants help organizations:
Conduct Stakeholder Education & Surveys: Help organizational stakeholders better understand renewable energy products and concepts and stack-rank potential tradeoffs.
Develop Current State Assessment: Document the current state, including costs, consumption, emissions, price trends, and key regulatory issues.
Prioritize Products & Portfolios: Based on an organization’s priorities and current state, our renewable energy consultants help shortlist the top markets for a first-phase execution and identify the products that best achieve organizational objectives.
Model Financial & Environmental Outcomes: Provide historical and future financial impact assessments for shortlisted products in target regions and forecast the emission reductions associated with those products.
Develop Execution & Risk Management Strategy: To streamline the steps from strategy to execution and ensure decision-makers have the information needed to evaluate a roadmap, renewable energy consultants develop an execution and risk management strategy for priority projects, including timelines, RFP best practices, and portfolio management strategies.