The Impact of Energy Escalation Factors on Energy Efficiency Project Savings World Energy Engineering Conference - (PPT)

摘要

Escalation reflects changes in price-drivers such as productivity and technology as well as changes in market conditions such as high demand, labor shortages, profit margins (etc.): Includes, but differs from inflation, which is a caused by debasement of a currency; Varies for different cost items, regions, procurement strategy, etc.; Inflation, on the other hand, is defined as a rise in the general level of prices across an economy over a period of time, based on the declining value of a currency; For the purposes of conducting energy efficiency projects, our focus is primarily on the escalating cost of energy inputs (e.g., electricity, natural gas) over time, as well as the general level of inflation; Variations in the prices of these inputs, where they differ from projected costs, can often lead to wildly varying financial forecasts for efficiency projects; This points to an obvious need for a strategy to minimize escalation risk in different types of building retrofits or other efficiency investments involving long term energy savings projections.