Risk Management Solutions & Opportunities
Carbon Emissions Reduction Projects
Black & Veatch stands at the fore of determining viable carbon emission reduction
projects. This work includes identification, assessment, design, engineering and
implementation. Clients can consider and choose from a variety of GHG reduction
projects involving:
- process efficiency improvements;
- fuel switching and biomass supplementing;
- re-powering with cleaner technologies and fuels;
- adding low carbon and carbon-free capacity;
- demand side management;
- pre- and post-combustion capture;
- geologic sequestration; or
- investments in carbon sink and offset projects.
Carbon Emissions Reduction Credits and Offsets
Carbon credits and offsets continue gaining importance in the current energy marketplace.
Black & Veatch serves as an experienced and trusted partner regarding generation,
verification, certification, and registration for use in future regulatory reduction
programs. This work involves:
- identifying creditable reduction projects;
- ensuring the accuracy of data and methodologies used to calculate baseline and actual
emissions;
- assessing the adequacy of monitoring methodologies; and
- assisting in the emission reduction credit registration process.
The value of emissions reductions credits and offsets being considered for purchase
can also be determined by methodic evaluations of the type and geographic location
of the source reduction project, vintage and ownership of the credits, and baselines
and monitoring emissions reductions to assess their potential marketability for
trading inside and/or outside of the United States under various proposed regulatory
regimes.
Plant Performance and Efficiency Improvements
Black & Veatch excels at analyzing plant performance and recommending efficiency
improvements. Black & Veatch studies existing facilities and makes fact-based
recommendations through:
- asset condition assessments
- energy audits; and
- identifying potential improvements projects; such as
- feedwater heaters or condensers’ performance improvements;
- reducing air in-leakage;
- improving combustion efficiency;
- retrofitting combustion optimization systems;
- draft system improvements; and/or
- steam turbine retrofits.
Renewable Energy and Fuels
Although this aspect is new to many engineering companies, Black & Veatch has
considerable experience in the renewable energy and fuel fields. “Renewables”
use combustion or co-firing of “carbon neutral” biomass or bio-fuels
to replace all or a portion of existing fossil-fuel combustion sources.
Power is generated or purchased from energy-sourced wind, solar, wave or other no-carbon
sources. Black & Veatch uses proprietary models to provide a thorough analysis
and assessment of cost-effective technologies and bio-fuels for a client’s
specific application.
Technology Mapping
Black & Veatch maps technology through ongoing research, development and demonstration
of low-carbon energy generation and emission reduction technologies.
Black & Veatch evaluates:
- costs;
- timing;
- reliability and operational constraints that ultimately will determine the commercial
viability of new technologies; and
- the costs and timing involved in scaling up existing technologies for consideration
in a client’s portfolio planning.
This evaluation can also include carbon capture and sequestration for existing coal-fueled
facilities.
Adaptation Assessment and Planning
This aspect identifies operational sensitivity and vulnerability to disruptions
from climate change effects, such as droughts, flooding, damage from coastal storms
and surges, heat waves, etc. Black & Veatch evaluates the feasibility and effectiveness
of potential infrastructure investments to conserve critical natural resources and
engineering works to accommodate greater frequency and magnitude of extreme events.
Greenhouse Gasses (GHG) Reduction Services