Energy consulting explained

Energy consulting is a sub-discipline of environmental consulting that focuses on optimizing a business' energy usage,[1] and provides assistance to the state institutions to adjust its policies according to the anticipations presented. This usually imply not only quantitive changes in the consumption but also diversification towards more ecological sources. Energy consulting is often centered on reducing operational costs, though this is not always the main goal. With the increasing importance of corporate social responsibility (CSR) in the minds of the general public, enterprise level businesses may contract an energy consultant to include more environmentally friendly energy sources into their energy mix.[2] [3] [4]

With the recent volatility in the energy industry,[5] [6] energy consulting is quickly becoming a main component of business operations for enterprises worldwide.

Role of hedging and financial analysis

As a result of the volatility in the modern energy industry, many enterprise level businesses are turning to financial analysts, specifically through the use of derivatives and hedging to minimize exposure to the unstable energy industry.

See also

Notes and References

  1. Web site: What is an Energy Consultant?. Independent Energy Consultants.
  2. Web site: Improving the energy efficiency of our buildings – A guide to display energy certificates and advisory reports for public buildings . . 19 September 2013 . December 2012.
  3. Web site: Power Call . November 5, 2016 . https://web.archive.org/web/20161105225516/http://www.powercall.nl/werken-bij/ . November 5, 2016 . live.
  4. Former European Commission Directive 98/11/EC of 27 January 1998 implementing Council Directive 92/75/EEC with regard to energy labelling of household lamps, replaced by European Commission Delegated Regulation (EU) No 874/2012 of 12 July 2012 supplementing Directive 2010/30/EU of the European Parliament and of the Council with regard to energy labelling of electrical lamps and luminaires (consolidated text)
  5. Web site: S105 Articles : Energy Market Update - November 2014 . 2015-01-30 . https://web.archive.org/web/20150131002327/http://solution105.com/BlogArticles/blog/default.aspx?id=34&t=Energy-Market-Update-November-2014 . 2015-01-31 . dead.
  6. Web site: Power Struggle: Making the Most of Generation Assets in Turbulent Times. 27 August 2014.

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