Strategic & Regulatory
Electricity markets are continuing to evolve across North America. Renewable energy adoption is being driven by economics but also by climate policy.
Project Development and RFP Response Support
Over 17 states in the U.S. have either a state mandate, executive order or governor’s pledge to have 100% clean electricity. Collectively this means an on-going and growing need for renewable energy development and responses to competitive Request for Proposals.
Our team has supported the development of over 1,000 MW of renewable energy and battery storage projects over the last 5 years. Further, we have helped our developer clients submit RFP responses for over 2,000 MW of renewable energy projects in three continents. Competitive RFP response can be challenging for even large and mature organizations, where a single mandatory criteria error can cost a developer its project. Our team has built a structured process to ensure RFP requirements are 1) identified, 2) well understood and 3) tracked. We act as an objective set of eyes to ensure your RFP responses satisfy all required criteria. You can read more about ways to avoid RFP response errors here.
With over 20 years in the public sector, designing and running competitive renewable energy procurements Compass Energy Consulting is uniquely qualified to help you assess the requirements and respond to competitive RFPs.
Market Assessment & Market Entry Strategy
Provincial and state markets clean and renewable energy policy are constantly evolving. Understanding the dynamics in both mature and immature markets for clean and renewable energy starts with understanding the policy and regulatory environment. The policy and regulatory environment will sow the ground to facilitate clean and renewable energy investment and growth. However, once markets begin to mature, new entrants come to the market and competitive pressures make development more challenging, further there can be new regulatory or technical constraints that slow market growth. Understanding the current state of different jurisdictions renewable and clean energy markets is a function of energy and environmental policy, but also what the prevailing electricity sector environment, i.e. regulated vs. deregulated.
As a clean or renewable energy developer or investor you need to understand where best to focus your efforts in new or existing renewable and clean energy markets, including the policy and regulatory environment but also the competitive landscape.
As a power user, you will want to understand what are the impacts of these policies on your costs and which jurisdictions provide the greatest opportunity for cost reduction via self consumption.
With over 50 years of collective experience in the energy sector, our team of experts has supported market assessment and entry strategy for multinationals, large regulated and unregulated independent power producers, commercial scale developers and power users.
Land Acquisition and Pre-Development Support
Compass has conducted land acquisition and pre-development support for developers across Canada. We understand the importance of prioritizing sites based on proximity to connection lines, avoiding environmental constraints and paying low rents. Using these and other criteria, we develop target areas using GIS tools and then deploy our team to engage with land owners and gain site control through leases or option agreements.