The world is clamoring for alternatives to fossil fuel-based energy which has driven significant growth in recent years. Many large-scale projects are currently underway; wind, solar, tidal and biofuels are all garnering significant attention, research, and investment. Opportunities abound, but in many cases the capital costs remain high, especially with fossil fuels costs depressed, which is why innovation is critical for success.
Renewable energy providers face many of the same risks as their counterparts within the energy sector. Siting, constructing and managing large-scale renewable energy facilities is complex. Timing and complexity of government authorisation process also play a part in many regions in the world. The commodity produced is subject to competition within highly volatile commodity markets, and production quantities cannot be assured as easily as other forms of energy available within the market.
Protiviti’s energy consulting professionals partner with renewable energy providers to manage risk and improve operational performance. We help our clients identify, measure, and manage their regulatory, financial, operational, and technology-related risks. Our energy consulting professionals possess finance, technology, accounting and engineering backgrounds, and a wide range of industry experience that can be leveraged to deliver tailored solutions to your company and help you realise growth and success in the future.