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Developing a Business Case for Renewable Energy at Airports

Developing a Business Case for Renewable Energy at Airports

Full Title: Developing a Business Case for Renewable Energy at Airports
Author(s): Stephen B. Barrett, Philip M. DeVita, Julie E. Kenfield, Bradley T. Jacobsen, & David Y. Bannard
Publisher(s): National Academies Press
Publication Date: July 1, 2016
Full Text: Download Resource
Description (excerpt):

Organizations prepare a business case analysis to engage in a thorough investigation of the alternatives to a proposed project. Increasingly, business value is being measured not only by the immediate and quantifiable financial metrics, but also through consideration of the self-sustainability, environmental, and social benefits. Airports are not only self-sustaining businesses and agents of governments; they are also critical components of the regional and national transportation infrastructure. This puts them in a unique position to make credible arguments that support both the financial and policy objectives of an organization pursuing long-term self-sustainability.

This report provides airports with instruction and tools to help them develop a business case that maximizes the benefits of renewable energy opportunities. It presents the business case as a comprehensive planning exercise supporting a specific objective (e.g., energy stability, reliability) and integrates it into the airport’s typical decision-making process. It provides a systematic approach to combine the application of near-term financial measures that are typically considered in business planning along with value for self-sustainability benefits associated with long-term investments and the environmental and social benefits that are important to the airport in its governmental responsibilities.

All statements and/or propositions in discussion prompts are meant exclusively to stimulate discussion and do not represent the views of, its Partners, Topic Directors or Experts, nor of any individual or organization. Comments by and opinions of Expert participants are their own.

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