Energy Solutions
We specialize in assisting government with the deregulation of energy markets around the world. We work alongside governments and development banks to develop energy strategy and to support government initiatives. Our consultants can manage and advise on the drafting of PPA agreements and the development of clean energy frameworks, our consultants create value by efficiently advising on projects to deliver sustainable energy to large populations.
We also help project developers deliver clean energy to areas with growing demand, while mitigating project execution risks. Our energy efficiency assessments create value through energy cost savings on large-scale projects like hotels, industrial plants, government buildings, and manufacturing facilities.
Financing for renewable energy in Africa involves dealing with unique challenges. Currency fluctuations, less reliable power grids, and shifting political situations can derail projects. However, it is possible to succeed by keeping projects small, making them bankable, and building public support. Using standardized agreements, reducing currency risk, and working with local banks are other ways to maximize funding opportunities.
The Smart Grid of the Future
We often take electricity for granted, but much of our power grid is reaching the end of its expected life. Most transmission and distribution lines were built in the mid-twentieth century, and they were only intended to last for 50 years. A failing electrical grid has serious consequences, including more than 3,500 reported power outages in 2015. The grid includes public utilities, government agencies, and private companies, but 68% of consumers get power from investor-owned utilities. The ASCE forecast that we need an additional 177 billion dollars to maintain the power grid in the near future.
Building a modern smart grid would produce significant benefits, but it also requires substantial funding from investors. Our legacy electrical grid embodies the design principles of the 1950s when much of it was built. Large centralized plants produce all the power and distribute it to consumers. Solar power and battery storage have advanced dramatically since the mid-twentieth century. Consumers are increasingly able to generate their own power and sell it back to the grid. However, this requires a two-way smart grid where businesses and consumers can buy, sell, and interconnect. Building a smart grid will not be cheap. The Electric Power Research Institute (EPRI) forecast that it would take as much as 476 billion dollars over 20 years to complete the transition.
Contact us to learn more about our smart grid technology solutions.
Our Insights
Benefits and Risks of Public-Private Partnerships
Energy Can Help to Drive Africa's Recovery
Despite declining oil prices, even relatively developed South Africa experienced rolling power outages due to breakdowns. Maintaining and expanding Africa's power generation capacity is crucial to food security today and economic growth in the future. We have a positive outlook for solar, LNG, wind, and on-site generation in Africa.
Improving Water Management in Latin America
Since water resources touch on multiple concerns like food, energy, and the environment, integrated water resources management is frequently the most effective approach. Latin America and the Caribbean have an abundance of water resources, but that abundance can lead to waste. Even though the region has 30% of the world's water resources on 15% of its land, water is scarce in many parts of Latin America and the Caribbean.
Liberalizing Electricity Markets – Best Practices
While liberalizing electricity markets is a worthy goal, it can only be achieved by adhering to best practices. Lowering barriers to entry, maintaining liquidity in consumer markets, and protecting consumers are vital steps.
Speak with an Expert
Contact us to discuss your energy or infrastructure project.