Selling Energy Efficiency: The Energy Engineer as Investment Advisor
| Autor: | Jerry Jackson |
|---|---|
| Rok vydání: | 2011 |
| Předmět: |
Finance
Risk analysis Actuarial science Renewable Energy Sustainability and the Environment business.industry Accounting management Financial risk Energy Engineering and Power Technology Financial risk management Building and Construction IT risk management Economics Financial analysis Financial modeling business Risk management |
| Zdroj: | Energy Engineering. 108:46-64 |
| ISSN: | 1546-0118 0199-8595 |
| Popis: | This article evaluates the energy efficiency investment decisionmaking used by most organizations. A financial risk management process is shown to provide greater financial returns and less risk in selecting investment projects compared to the traditional practice of payback analysis. An example application of Energy Budgets at Risk, a value-at-risk-based energy efficiency investment analysis, is presented to illustrate the advantages of risk management analysis in evaluating energy efficiency projects. Summary risk analysis results are presented as a communication bridge between technical project engineers, chief financial officers, and other financial executives and decision-makers. The article concludes with the suggestion to expand the traditional roles of energy engineers and managers to include providing energy efficiency and budget financial risk management analysis. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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