Welcome!

Blog Feed Post

Fuelling the business case for sustainable energy projects with risk analysis software from Palisade

Sark7 uses the DecisionTools Suite to provide due diligence for prospective investors in 'green' initiatives

Risk analysis software from Palisade (www.palisade.com) is used by Sark7 to develop the profitable business case for sustainable energy projects. The in-depth financial analysis generated enables potential capital investors to make an informed decision on whether a project is of interest to them given a specific risk threshold and expectation of returns.

"Environmental experts and enthusiasts need to be realistic about whether their proposal is financially viable if they are going to attract the funds that will make it a reality," explains Scott Mongeau, founder and consultant at Sark7. "Palisade's risk analysis tools provide the language that is familiar to the financial world, as a result of which the project is more likely to receive funding. Sustainability criteria can therefore be met at the same time as providing investors with a risk-balanced return - so everyone wins."

Sark7 uses various components of Palisade's DecisionTools Suite to demonstrate the viability of a biofuel plant initiative as an example. @RISK models the biofuel project's Net Present Value (NPV), PrecisionTree informs strategic scenario decision-making and Evolver suggests plant optimisation strategies. This approach offers a due-diligence tool for prospective sustainability entrepreneurs, investors, project managers, providers and organisations.

@RISK enables probability distributions for each of the major inputs, in order that the variables of each can be measured and analysed. Overall, the @RISK model demonstrates that, given proper integrated engineering, financing, and risk hedging (via option and future derivatives), a biofuel plant can be managed in a profitable fashion - profitability being at risk where the margin between feedstock and ethanol prices narrows significantly.

Throughout the project, PrecisionTree guides the decision-making process by enabling different scenarios to be analysed depending on the particular combination of integrated roll-out factors contemplated. For example, the option of whether to build a large scale biofuel plant can be weighed up against developing a smaller plant by comparing central risk / reward factors such as the investment required and the chance of technical success.

Evolver provides the ability to run complex, multivariate optimisation problems, identifying the most cost effective, efficient, advanced plant possible while controlling financing costs and economic risk exposures.

"Palisade's risk analysis software is simply 'the best thing since sliced bread', especially in our increasingly complex, uncertain global world. Because it runs in Excel, it is accessible to everyone and doesn't become the exclusive domain of technical experts. Despite being highly sophisticated technology, it actually streamlines human conversations because it allows for integrated, like-to-like analysis of risks from the standpoint of highly specialised but distributed experts. Integrated simulation allows for the assessments of lawyers, economists, engineers, managers, and financiers to come together so that the proportional risks in mega-projects, large implementations and new technologies are clear to all," concludes Mongeau.

Sark7 presents a biofuel plant as an example, but the principles are equally applicable to sustainable energy initiatives such as wind or solar energy.

-ends-

About Sark7
Sark7 is an international consultancy that specialises in integrated analysis for sustainable energy projects. The aim is to bridge the gap between populist enthusiasm surrounding 'green' initiatives and the intensive financial risk analysis demanded by capital investors and participants.

About Palisade
Palisade Corporation is a software developer that produces decision support tools for professionals in many lines of work. The company was founded in 1984, and at present more than 400,000 people use Palisade's software in fields that range from finance to oil and mineral exploration, real estate to heavy manufacturing, and pharmaceuticals to aerospace. Its software is used by many Fortune 500 companies, including Shell Oil, Procter & Gamble, ExxonMobil, Chase Manhattan, and by prominent economic and financial consultants.

For more information, please contact:
Kate Alexander / Nicola Males
Vanilla Public Relations Ltd
T: +44 (0)20 8543 8481 / +44 (0)7788 584413
E: [email protected]

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

Latest Stories
Japan DX Pavilion at @CloudEXPO Silicon Valley
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science" is responsible for guiding the technology strategy within Hitachi Vantara for IoT and Analytics. Bill brings a balanced business-technology approach that focuses on business outcomes to drive data, analytics and technology decisions that underpin an organization's digital transformation strategy. Bill has a very impressive background which includes ...
On-premise or off, you have powerful tools available to maximize the value of your infrastructure and you demand more visibility and operational control. Fortunately, data center management tools keep a vigil on memory contestation, power, thermal consumption, server health, and utilization, allowing better control no matter your cloud's shape. In this session, learn how Intel software tools enable real-time monitoring and precise management to lower operational costs and optimize infrastructure...
Most organizations are awash today in data and IT systems, yet they're still struggling mightily to use these invaluable assets to meet the rising demand for new digital solutions and customer experiences that drive innovation and growth. What's lacking are potent and effective ways to rapidly combine together on-premises IT and the numerous commercial clouds that the average organization has in place today into effective new business solutions. New research shows that delivering on multicloud e...
While a hybrid cloud can ease that transition, designing and deploy that hybrid cloud still offers challenges for organizations concerned about lack of available cloud skillsets within their organization. Managed service providers offer a unique opportunity to fill those gaps and get organizations of all sizes on a hybrid cloud that meets their comfort level, while delivering enhanced benefits for cost, efficiency, agility, mobility, and elasticity.
Darktrace is the world's leading AI company for cyber security. Created by mathematicians from the University of Cambridge, Darktrace's Enterprise Immune System is the first non-consumer application of machine learning to work at scale, across all network types, from physical, virtualized, and cloud, through to IoT and industrial control systems. Installed as a self-configuring cyber defense platform, Darktrace continuously learns what is ‘normal' for all devices and users, updating its understa...
"Calligo is a cloud service provider with data privacy at the heart of what we do. We are a typical Infrastructure as a Service cloud provider but it's been designed around data privacy," explained Julian Box, CEO and co-founder of Calligo, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Most modern computer languages embed a lot of metadata in their application. We show how this goldmine of data from a runtime environment like production or staging can be used to increase profits. Adi conceptualized the Crosscode platform after spending over 25 years working for large enterprise companies like HP, Cisco, IBM, UHG and personally experiencing the challenges that prevent companies from quickly making changes to their technology, due to the complexity of their enterprise. An accomp...
Data center, on-premise, public-cloud, private-cloud, multi-cloud, hybrid-cloud, IoT, AI, edge, SaaS, PaaS... it's an availability, security, performance and integration nightmare even for the best of the best IT experts. Organizations realize the tremendous benefits of everything the digital transformation has to offer. Cloud adoption rates are increasing significantly, and IT budgets are morphing to follow suit. But distributing applications and infrastructure around increases risk, introdu...
DevOps has long focused on reinventing the SDLC (e.g. with CI/CD, ARA, pipeline automation etc.), while reinvention of IT Ops has lagged. However, new approaches like Site Reliability Engineering, Observability, Containerization, Operations Analytics, and ML/AI are driving a resurgence of IT Ops. In this session our expert panel will focus on how these new ideas are [putting the Ops back in DevOps orbringing modern IT Ops to DevOps].
Moving to Azure is the path to digital transformation, but not every journey is effective. Organizations that start with a cohesive, well-planned migration strategy can avoid common mistakes and stay a step ahead of the competition. Learn from Atmosera CEO, Jon Thomsen about the opportunities and challenges found in three pivotal phases of the journey to the cloud: Evaluation and Architecting, Migration and Management, and Optimization & Innovation. In each phase, there are distinct insights tha...
Atmosera delivers modern cloud services that maximize the advantages of cloud-based infrastructures. Offering private, hybrid, and public cloud solutions, Atmosera works closely with customers to engineer, deploy, and operate cloud architectures with advanced services that deliver strategic business outcomes. Atmosera's expertise simplifies the process of cloud transformation and our 20+ years of experience managing complex IT environments provides our customers with the confidence and trust tha...
Every organization is facing their own Digital Transformation as they attempt to stay ahead of the competition, or worse, just keep up. Each new opportunity, whether embracing machine learning, IoT, or a cloud migration, seems to bring new development, deployment, and management models. The results are more diverse and federated computing models than any time in our history.
SUSE is a German-based, multinational, open-source software company that develops and sells Linux products to business customers. Founded in 1992, it was the first company to market Linux for the enterprise. Founded in 1992, SUSE is the world's first provider of an Enterprise Linux distribution.
Intel is an American multinational corporation and technology company headquartered in Santa Clara, California, in the Silicon Valley. It is the world's second largest and second highest valued semiconductor chip maker based on revenue after being overtaken by Samsung, and is the inventor of the x86 series of microprocessors, the processors found in most personal computers (PCs). Intel supplies processors for computer system manufacturers such as Apple, Lenovo, HP, and Dell. Intel also manufactu...