ISO 50001 is a global standard for Energy Management. It is known as the standard practice framework for managing energy performance and addressing energy costs, while helping companies reduce their environmental impact to meet emission reduction targets.
With the rate of extreme weather increasing the likeliness of wildfires this year, we have also seen an increase in the number and intensity of hurricanes, not only in the USA but also in Ireland. This year alone we have seen three major hurricanes, one in category 5 and two in category 3, all taking place within just three short months.
Earlier this year we interviewed Dr Phillipa Coan, an expert in workplace environmental behavioural change. Dr Coan has a PhD that broadly looked into different strategies for changing employee behaviour to become more environmentally sustainable, while winning a number of national and university awards along the way.
The negative effects of climate change become more obvious and drastic by the year. Climate change does not only increase global temperatures, but it also plays a huge role in weather extremes and natural disasters such as wildfires.
A Purchase Power Agreement (PPA), or electricity power agreement, is a contract between two parties; a seller generating renewable electricity and the buyer looking to purchase it. A PPA contract is the principal agreement that defines the revenue and credit quality of a generating project. This makes it a key instrument of project finance.