ARTICLE
28 April 2016

Developing A Business Case For Renewable Energy At Airports

FL
Foley & Lardner

Contributor

Foley & Lardner LLP looks beyond the law to focus on the constantly evolving demands facing our clients and their industries. With over 1,100 lawyers in 24 offices across the United States, Mexico, Europe and Asia, Foley approaches client service by first understanding our clients’ priorities, objectives and challenges. We work hard to understand our clients’ issues and forge long-term relationships with them to help achieve successful outcomes and solve their legal issues through practical business advice and cutting-edge legal insight. Our clients view us as trusted business advisors because we understand that great legal service is only valuable if it is relevant, practical and beneficial to their businesses.
The Airport Cooperative Research Program (ACRP) recently released Report 151: Developing a Business Case for Renewable Energy at Airports (the Report).
United States Energy and Natural Resources

The Airport Cooperative Research Program (ACRP) recently released Report 151: Developing a Business Case for Renewable Energy at Airports (the Report). Foley partner David Bannard is a co-author of the Report, assisting lead investigators, Stephen Barrett and Philip DeVita of HMMH. The Report is a companion to ACRP Report 141: Renewable Energy as an Airport Revenue Source, on which Mr. Bannard also served as a co-author with Mr. Barrett.

The Report provides a comprehensive guide to developing a business case for renewable energy projects at airports, and can be applied in other spheres as well. It includes chapters describing a renewable energy business case, the basis of a business case, evaluation criteria and ranking methodology, integrating projects with planning and decision making and engaging internal and external stakeholders. It reviews a model business case, provides examples of business cases, in both airport and non-airport contexts, and concludes with information regarding funding methods for renewable energy projects. The Report also includes several useful appendices, including a sample request for proposals and a sample power purchase agreement.

The business case for developing renewable energy projects at airports goes well beyond simply meeting state or local energy policy goals or "being green" – tangible benefits can include price certainty, the ability to ensure operations even when connections to the local grid are temporarily severed, and the ability to smooth spikes in energy prices due to peak period pricing.

The Report can be obtained from Foley's website here or from the ACRP's website here. If you are interested in learning more about how renewable energy projects can enhance an airport's business goals or how to integrate such projects into an overall airport capital improvement program, please contact David Bannard at dbannard@foley.com.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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