ESCO Engagement

Energy transition is an essential component of today’s sustainability discourse. Prolonging our ‘fossil fuel phase-out’ agenda without emphasizing energy-efficient projects will result in overlooking an evident blind spot.

Despite its environmental benefits, the adoption of energy-efficient initiatives has remained modest, owing mostly to the financial risks associated with such endeavors. In this context, ESCO markets promote businesses to upgrade and optimize their systems for greater energy efficiency while avoiding the financial risks associated with the project.

Financial expenditures associated with energy solutions are derived later from cost savings guaranteed by ESCOs as part of feasibility studies. After doing a thorough study of a company’s energy requirements, existing O&M practices, and opportunities for improvement, ESCOs provide solutions that assist organizations reduce their carbon footprint while saving money on energy.

Understanding the need to scale up energy-efficient projects, GORD Advisory assists organizations in adopting the ‘ESCO model’ approach and implementing energy solutions that result in energy conservation, cost savings, and emission reductions.

With extensive experience working on ESCO projects, our team of experts can help businesses conduct preliminary assessments (PAs), investment grade energy audits (IGAs), retro-commissioning studies, measurement and verification plans, baseline measurements, and written scopes of work (RFP).

GORD Advisory with its accredited partner firms can assist our clients in performing IGAs, engineering projects, obtaining project finance, sourcing and installing necessary equipment, and monitoring and validating energy savings realized using the recommended approach.