Integrating ESG in Renewable Energy Asset Operation
Cederik Engel
Ensuring ESG principles are continued through the operation stage of a renewable energy asset is essential for its long-term success. This video explores key strategies for maintaining strong environmental performance, optimising energy efficiency, engaging with communities, and upholding transparency and compliance.
Ensuring ESG principles are continued through the operation stage of a renewable energy asset is essential for its long-term success. This video explores key strategies for maintaining strong environmental performance, optimising energy efficiency, engaging with communities, and upholding transparency and compliance.
Integrating ESG in Renewable Energy Asset Operation
8 mins 56 secs
Key learning objectives:
Understand the importance of environmental performance monitoring during the operation of a renewable energy asset
Outline the best practices for promoting energy efficiency during operation
Identify how to engage with communities through benefit-sharing
Outline importance of good stakeholder engagement and transparency
Understand the importance of compliance monitoring and reporting
Overview:
With the asset up and running, the focus shifts to sustainable operations. This means closely monitoring environmental performance, optimising energy efficiency, and maintaining strong relationships with local communities and stakeholders.
Continuous monitoring ensures that operations align with sustainability objectives. Key data points include energy production, water usage, waste management, and greenhouse gas emissions. This helps improve efficiency and minimise environmental impact.
Through proactive maintenance and monitoring. Regular inspections of solar panels, inverters, and other equipment help prevent performance issues, reduce downtime, and maximise output while keeping operational costs low.
Beyond providing clean energy, projects can create jobs, support education, and offer community programmes. For example, at La Huella in Chile, educational initiatives have helped children learn about renewable energy first-hand.
Transparency builds trust with investors, regulators, and local communities. Regular reporting and open communication ensure accountability, help address concerns early, and strengthen relationships.
Meeting ESG regulations requires structured data collection and reporting. Annual ESG reports track progress, ensure regulatory compliance, and reinforce a commitment to sustainability.
Cederik Engel
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