Utility Management Group
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Energy: "boundary conditions"
Energy: "boundary conditions"
One of the most intriguing challenges when searching for solutions that reduce costs and/or increase the reliability of the energy supply is identifying the requirements to be met, which in the industry's jargon is "the boundary conditions".
They are the ones that will actually influence, and a lot, on the solutions that fit for that customer. As in general, there is a list of conditions involved, it is easy to accept that each case is super specific.
The constraints are, for example, of a financial nature (required rate of return), strategic (contracting assets or results), technical (consistent with the internal team), management (upper managers will have to be involved) among others.
The good news: this approach opens up really interesting and convenient ways because once the boundary conditions are identified, discovering the solutions is much simpler, easier and above all, much more objective.
I say this from my own experience, helping clients with their energy business decision-making processes.
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