PROBLEM / ISSUE :
Buildings consume 40% of energy in U.S. and 70% of electricity
Energy demand, cost and volatility expected to increase
Policy changes mandating reduced environmental impact
Office Trend: Increasing Costs : Rents Flat ... owners need solutions!
PRUDENT SOLAR Energy Retrofits improve assets in 3 tangible ways:
Reduce operating & capital expenses
Increase competitive advantage and occupancy
Increase cash flow / property value
Hedge against future energy price increases
Replace obsolete building equipment before they become major CAPEX liabilities
Reduce environmental impact / emissions
Increase building / occupant health and productivity
Underdeveloped countries are more often than not capital starved and deficient in other vital resources. Waste should be minimized and optimal results achieved. This pinpoints the need for meticulous planning and careful preparation of development projects. Planners many be faced with the dilemma of choosing between multiple projects of seemingly equal economic value a choice which can only be facilitated through systematic, realistic and formal project studies to clearly established priorities.
This approach however does not only apply to projects in underdeveloped countries, rather we find that in today's global economy it is critical to perform pre-analysis and pre-surveys to ensure feasibiilty and profitability of projects. This approach is even more critical with identifying renewable energy projects
It must be ensured, through the mechanism of project evaluation that projects marked out for implementation should be of the highest priority or urgency from than national viewpoint. Links between sectors and inter dependence between projects should also be carefully considered. Project studies should consider this and be undertaken with purpose. Project studies should also take stock of the existing institutional arrangements and pin point shortcomings if any and how these can be improved.
All this information should help in identifying and compiling limited lists of the probable, projects likely to be selected. This should be followed by preparation of feasibility studies on the marked projects. If these feasibility studies are positive or reveal a favorable picture, then detailed work on project preparation can be launched. All this confirm that projection is very serious business and for good results a lot of time and effort has to be put into it. This is a point which can only be ignored at considerable cost.