Fueled by our dual expertise in the water and energy areas, our teams can help water clients implement additional renewable energy strategies, including small-scale hydropower and solar approaches. Black & Veatch also offers Energy Savings Performance Contracting (ESPC). An ESPC or performance contract is an agreement for the scope development, design and construction of efficiency improvements. These improvements are created to deliver significant energy and operational cost savings – with performance of the improvements and their savings guaranteed. Projects are funded by reallocating the guaranteed savings to the utility’s budget, with no impact on the utility’s capital budget or rates. The excess savings can be put to work on other needs. In building water and wastewater infrastructure, Black & Veatch is the only energy services company (ESCO) that can perform each step – feasibility study, design-build delivery option, and monitoring and verification of performance. This means clients have a single point of responsibility for the entire project. Featured Projects Frederick Winchester Service Authority Energy Savings Contracting Davyhulme Sludge Balanced Asset Programme Tidal Energy Converter System Demonstrator 0 Related Insights Engineer 2.0: An idea whose time has come The Artificial Intelligence (AI) genie is not going back into the bottle; leaving the world to contemplate how best to manage this most potent, yet controversial, tool. The water sector’s response has many parallels with reactions to AI more broadly: we are certain AI has benefits, are less sure about how to realise them, and wary of unintended consequences. When Water is the Product, How Do We Afford Sustainability? Regardless of industry or product, the effective use of water carries huge weight for plant operators and other decision-makers who must pit emerging social calls for sustainability against the money on hand to make it happen. Hydropower Strategic Alliances: How Producers Can Benefit Strategic alliances with hydropower producers are a natural fit for asset management programs. They can be set up broadly to help producers maintain organizational stability, reliability, and financial performance. Asia Pacific's 'Digital Utilities' of the Future In addition to environmental and social challenges, water utilities in Asia Pacific are faced with the complexities of non-revenue water, underdeveloped or aging water infrastructure and growing expenditure. Digital transformation may offer the water industry the opportunity to provide reliable and sustainable water supply by optimizing distribution systems, treatment efficiency and asset management. Energy Planning Offers Efficiency, Cost Savings, Resilience Down the Road As energy costs continue to rise and more states adopt regulatory incentives and disincentives that drive large-scale sustainability and efficiency efforts, it is expected that utilities will become more aggressive in their approach to managing energy. Collaborate with our Energy/Efficiency team. Complete a short form to request more information and a specialist will contact you.