With more and more businesses setting comprehensive sustainability goals that include net-zero carbon emissions, many are unsure what is the best way to achieve those goals or what renewable energy investment will be most effective. Sustainability investment should be data driven and can be done in a way that both protects the environment and a business’ bottom line.
WSB and iD8 have partnered to create a new one-of-a-kind analysis – Renewable Energy Match – that provides clients with a full understanding of renewable energy options, and comprehensive data analysis to drive financial-based decision-making. It goes beyond traditional energy evaluation by combining economic data with place-based environmental information.
Explore clean energy options that meet your needs.
Many companies exploring clean energy solutions often first look to solar and wind energy. Those are excellent renewable energy sources, but there is also untapped potential in sources like hydrogen, geothermal energy, and renewable natural gas.
Every organization has different needs when it comes to renewable energy, so a plan that is customized to individual needs, takes into account location, and is driven by thorough research and data is critical.
How Renewable Energy Match works.
Most companies base their renewable energy decisions off financial feasibility. WSB has taken that concept further and developed a 4-phase approach to determine which renewable energy option is best for each specific client. The process includes:
- First-order feasibility study This first step provides a high-level geospatial analysis of the area the client is operating within to determine what resources are available for renewable energy production. It includes iD8 financial assessments for each energy form and an overall optimization for each energy. A risk assessment of external factors that could influence the performance of energy sources is also part of this phase.
- Strategic Planning This stage provides a deeper exploration of local energy resources that are available, as well as their acquisition costs, parcel ownership, local energy grids, climate analysis, and more.
- Final Design & Regulatory Planning Once the strategic plan is complete, infrastructure planning and design, environmental and resource assessments, and land permitting can begin.
- Energy implementation The final phase is to begin energy production and implementation at the selected facility.
Who can benefit from Renewable Energy Match?
There are many types of businesses and organizations that can benefit from Renewable Energy Match including companies with net-zero goals, businesses with multiple facilities or campuses, universities, utilities, and companies looked to expand their energy renewable energy portfolios..
This one-of-a-kind analysis allows clients to strategically explore the costs, sources, and options around renewable energy on a digital platform, and advance investments that will best meet the needs of a client from both an economic and sustainability perspective.
Want to learn more about Renewable Energy Match? Check out our website to explore more, contact a WSB expert, or schedule a demo.