Energy supply volatility and high energy prices are universal concerns for any consumer in the global market. In general, countries and businesses that rely heavily on oil are more exposed to price shocks and rising costs as the result of the various factors influencing global oil supply, such as political unrest or environmental disasters.
High energy costs, coupled with an established intergovernmental plan to address growing greenhouse gas (GHG) emissions and climate change, are now recognized by organizations and Governments as a financial and business risk. To address this risk, our clients are increasingly seeking to reduce energy costs and improve energy security by minimizing energy consumption across their facilities, as well as pursuing opportunities to generate renewable energy. One challenge this presents is identifying and prioritizing projects that should be accelerated based on their financial, energy, and GHG benefits.
A systematic and strategic approach to energy and GHG emissions planning can provide immediate benefits through the identification of opportunities for reducing energy consumption, helping to mitigate overall risk of high energy costs.
LeighFisher offers a strategic long-term approach that can yield effective cost savings and emission reductions through:
- Baseline energy consumption and GHG emissions inventory and forecasts
- Assessment of potential regulatory effects on airport utility budgets and aviation activity forecasts
- Life-cycle benefit-cost evaluations of energy reduction and clean energy projects
- A decision-making framework to prioritize funding and implementation of projects for meeting GHG emissions targets and achieving operational savings
- Third party advice on guaranteed Energy Performance Savings Contracts
- A program to reduce the cost of energy procurement by increasing the airport sponsor’s purchasing power
Energy policy and strategy is becoming a key issue in many Central Governments around the globe. LeighFisher has experience in working directly with the policy makers to undertake appropriate sustainability assessments to inform energy policy development.