OPPORTUNITY ASSESSMENT
“I want to know where the opportunities to improve are”
Opportunity Assessment
An Opportunity Assessment reviews your situation and identifies where you can reduce costs, reduce carbon and reduce risk. The review looks at your spend, consumption, contracts, assets/ estate, processes, strategy, etc.
The Challenges
IT'S A
COMPLEX AREA
Energy is a complex, often technical, broad and deep area – most large organisations don’t have a team of experts in-house. This lack of expertise and know-how means you don’t know where are your opportunities to improve.
CAN'T SEE THE WOOD FOR THE TREES
Often a fresh pair of eyes, or an external perspective, is able to see opportunities to improve that those who live and breath is every day can’t see
NEW
TECHNOLOGIES
There is a lot of change going on in energy, and new advancements, techniques, funding options, etc. can often make a big improvement
The Key Areas We Typically Review
HEDGING PERFORMANCE
We review the performance of your hedging activities, the current approach, and the associated risks, and benchmark this against the performance of others.
ENERGY DEMAND
Energy efficiency ideas to reduce your carbon footprint and energy demand, such as how new or alternative technologies could bring benefits
RENEWABLE ENERGY
Opportunities to generate energy on-site, such as solar PV, wind, CHPs. Potential from Power purchase Agreements (PPAs)
STRATEGY
The appropriateness of your energy strategy and the associated procurement category strategy
SITE AUDIT
Where appropriate, we can conduct site audits to identify opportunities to improve your energy efficiency at a site level.
BENCHMARK
We’ll benchmark your situation against what other large organisations have in place, both in terms of what capability they have and what they are achieving
BENEFITS
- Discover where and how to achieve energy savings.
- Uncover opportunities to decarbonise and help in the drive to net zero.
- Have a developed plan of action to implement the improvements.
- Shine a light on risks.
- Accelerate the pace of change.
- Understand how advanced you are compared to your peers.
- Turbo charge your in-house capability with deep energy expertise and know-how.
Related Insights
Read our thoughts, ideas and tips about great energy management and accelerating the journey to net zero.
