Episode
50

Operating Renewable Energy

June 15, 2022
|
Duration:
2118774
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In This Episode:

Join energy coaches David Arkell and John Pooley with producer Lysandra Naom on an episode about operating renewable energy. This episode features where renewables are being used, the cost associated, utility involvement, what to be mindful of, and more. Check out our 360 Carbon Excellence Program.

Highlights

  • Widespread Use of Renewables: Renewable energy is being used in diverse settings, from grid-scale installations to private applications in industries, commercial sectors, and even homes. Popular choices include solar panels on commercial rooftops and renewable power contracts for data centers.
  • Grid vs. Off-Grid Options: Businesses can opt to install renewable energy on-site or arrange contractual purchases of renewable power from external sources. On-site installations require space and favorable conditions, while contractual arrangements offer flexibility without infrastructure needs.
  • Importance of Energy Efficiency: The team emphasizes the value of pursuing energy efficiency measures before installing renewable sources. Reducing baseline energy usage helps lower the necessary capacity for renewable installations, saving on costs and increasing system efficiency.
  • Challenges of Grid Integration: Integrating renewables with the existing grid can involve complex regulatory approvals, technical adjustments, and costs related to grid reinforcement. These considerations are critical for businesses planning.
  • Energy and Carbon as Business Strategies: Businesses should view energy and carbon management as integral parts of their overall strategy rather than isolated tasks. This alignment enables organizations to anticipate risks and respond proactively.

Key Insights

  • Balance Between Energy Efficiency and Generation Capacity: Implementing energy efficiency measures before installing renewable systems minimizes costs by reducing the need for larger installations.
  • Cost Perceptions and Market Changes: Although renewable energy has historically been costly, prices have become more competitive. Market demand and technological advancements are driving down costs, making renewables more viable for various businesses.
  • Long-Term Planning and Flexibility: Businesses should adopt a flexible approach, considering the longevity and adaptability of renewable installations. Scenario planning can help organizations make informed decisions based on future needs and technological advancements.
  • Complexity of Permits and Regulations: For larger or grid-connected renewable installations, permits and utility cooperation are often required. These regulatory steps can influence project timelines and overall feasibility, particularly for high-demand sectors like manufacturing.
  • Contractual Options for Renewable Energy: Businesses unable to install on-site renewable systems can consider contracts for renewable energy. These agreements provide access to clean energy without physical installations, making it an accessible option for companies with limited space.
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