Thursday, June 23, 2016

Numbers

Like any other engineering projects, everything in the end will be bound to the dollars and cents.

In the case for renewable energy, the same issue will crop up time after time.

Throughout my 6 years in the industry I seldom concentrate on the commercial part of the project, as I am more inclined towards the technical part and I am more of a personnel who prefers to the wet work. The most I'd do was to provide quotation or estimate cost to any projects.

However with the new role that I am in, I have to consider heavily the commercial aspect and to comply with the company's requirement is pretty much a challenge.

Plus with the client's demands, meeting the minimum investment criteria is surely an uphill task

Sure a lot of people will be arguing you must save the earth, you must help capture all the methane that is there and also utilise all the RE potential in the country in order to reduce reliance to conventional fossil fueled utility scale power plants.

But hey I have to ask back, who is going to at least cover the project cost. Who is going to maintain it, not forgetting covering all the RE potential might not be economically and environmentally feasible? Yeah you heard me right.

So we need to strike a balance in order to move forward.

Numbers are important, it makes or breaks a project.

and for the environmentally non-feasible project, I will touch it later.

pictured: sample profit and lost (numbers) template I found on google.

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