Pre-Publication Release of ACRP Report 151 – Developing a Business Case for Renewable Energy at Airports

acrp151_report-cover_280HMMH is pleased to announce the pre-publication release of ACRP Report 151 – Developing a Business Case for Renewable Energy at Airports by the Transportation Research Board (TRB). The report, authored by Stephen Barrett, Director of Climate and Energy, and Philip DeVita, Director of Air Quality, focuses on identifying and communicating the inherent benefits of renewable energy as part of the business case analysis. To reinforce its practical application, the Guidebook presents direct experience in renewable energy business case development to show both how those attributes are valued differently by different organizations with different missions, and how this broader renewable energy business experience translates to the airport business. The guidebook reviews the criteria used to evaluate a renewable energy project and presents a system for weighting evaluation factors, including long-term self-sustainability and environmental/social considerations, based on the airport’s particular objectives. It walks through a model business case and evaluates the key factors fundamental in the renewable energy business case. The Guidebook also provides examples of similar renewable energy business cases from both an airport’s perspective as well as other organizations, including an airline, a university, and a hospital, and the lessons learned for airports.

This report was the first ever released by the Airport Cooperative Research Program (ACRP) in a “pre-publication” format as part of its interest in accelerating the presentation of its research products to the industry, and demonstrates the high-level of confidence in the draft product. The pre-publication version was released in November 2015 and a final edited Guidebook is expected in the second quarter of 2016.

 

 

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