SustainSuccess is a finalist in the edie 2019 Consultancy of the Year Awards

Posted by on Oct 28, 2018 in News | 0 comments

We are delighted to have been selected as one of the 10 finalists in the edie 2019 sustainability awards in the category of “Consultancy of the Year”.

Our submission spoke passionately about the “need to do more with less” and our belief that our profession – as sustainability practitioners – has a unique and privileged role in solving some the most pressing challenges of our times.

It is a huge honour to have been shortlisted. Being invited to celebrate the enormous contribution of the other finalists is both humbling and inspiring – the calibre of work, outcomes and people involved are truly astonishing.

The main motive behind our entry was to make colleagues aware of the helpful tools we have made available to support energy and resource efficiency. If you are unfamiliar with us, I would invite you to explore our website and take advantage of these resources. These include Niall Enright’s free 840-page textbook on energy and resource efficiency and the lighting hours tool which fills an important data gap for driving better operation of lighting systems.

The award winners will be announced on the 6th of February 2019.

 

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Paris Workshop – EPEE’s HFC Outlook Analyzer

Posted by on Jun 1, 2018 in Blog, News | 0 comments

It was a honour for Niall Enright at SustainSuccess to contribute to an important UNEP workshop in Paris in May.

The workshop involved participants from Gabon, Mali, Senegal, Bosnia and Herzegovina, Honduras, Guatemala and The Dominican Republic. The delegates had come together for an introduction and tutorial about a tool to help their countries forecast future emissions of F-Gasses. Here we all are, in the courtyard of the UNEP offices in Paris.

 

The background is that these F-gasses have a very high global warming potential, and so an international agreement has been reached to phase them out. This agreement is an extension to the Montreal Protocol which is seen as a remarkably successful example  of what can be achieved in global environmental collaboration. The deal on the F-Gases is also named after the city where it was agreed, is it the Kigali Amendment to the Montreal Protocol.

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MACCTool launched:

Posted by on Jul 14, 2016 in News | 0 comments

1_mactool_new_172x72SustainSuccess are delighted to announce the launch of the World Bank’s Energy Sector Management Assistance Programs’ MACCTool. Niall Enright was the lead developer of this innovative and powerful application to draw Marginal Abatement Cost Curves, a key tool for organisations and policy-makers seeking to understand potential paths to decarbonisation.

The lead on the client side was Victor Loksha, a Senior Energy Economist, with input from Martina Bosi, Perre Audinet, Grzegorz Peszko, Adrien Vogt-Schilb and many others. The project was led by ERM’s Peter Rawlings and Braulio Pikman, supported by Sandra Seastream, Wairimu Mwangi and additional Excel development by James Joyce and Calvin Iost. This project was a major redesign building on an earlier version of MAC Tool, developed by Andreas Mastle and led by Christophe de Gouvello at the World Bank.

MACTool is a remarkably powerful MACC creation tool. Unlike MACC Builder Pro, which simply draws MACC Charts, MACCTool provides inputs for multiple cash flows in a project and will calculate the Marginal Abatement Cost and emissions abatement values given these inputs. Features provided by MACTool include:

  • Separate cash flows for a Baseline and Low Carbon Case. These cash flows can be created from “templates” designed for different sectors so that a generation technology, for example, can have a Revenue cash flow from the sale of electricity. The templates can be modified by users and re-used.
  • An intuitive interface that takes away the complexity of the underlying model and allows the user to manage many different projects using a
    pop-up Navigator.
  • The ability to categorise projects by sector/technology, SIC code, or region.
  • MACC charts can be set to show an overview of each category which can then be “drilled down” to show individual projects within the category.
  • Complete flexibility over the discount rates used so that these can apply at the model level, by sector or globally. The option to discount the abatement term, if desired (see the discussion on the previous page), using a separate discount factor.
  • A lot of attention has gone into bringing the key assumptions for all the projects into a single table which allows for rapid validation and error checking. Models can have an “in progress” status which means they are not included in totals until they are marked “complete”.
  • The ability to chart Investment Costs, Investment Intensity and other financial metrics, not just the Marginal Abatement Cost.

As one would expect from a very knowledgeable team of economists at the World Bank, the flexibility and capabilities of MACC Tool are truly staggering with the ability to use multiple currencies and to run cases also built into the system.

One metric that appears as standard in the templates that ship with MACCTool is the Breakeven Carbon Price. This is based on the notion that while there may be an overall market discount rate set which takes into account the cost of capital in an economy, private investors will expect a generally higher rate of return. Thus the Present Value of a project can be worked out using the desired rate of return rate, such as 20%. If the project PV is negative it means that it has made a loss, so MACCTool will then calculate the additional incentive in $/tonne CO2 that is needed to deliver the percent target return needed by the investor. Neat!

Another innovation in MACCTool is the wedge-MACC chart. An example of this chart is shown below.

wedgemacc

The chart above is taken from an analysis of Costa Rica’s emissions abatement opportunities prepared in advance of the Paris UNFCC Summit in 2015 (COP21).

On the left is a normal wedge chart showing the emissions abatement per year from a range of different projects/technologies. Because these are added together the height of the chart is the cumulative total. Well, we know that a MACC chart also shows a cumulative total along its horizontal axis, so if we rotate the MACC vertically, as shown on the right hand side of the image, we can see the MAC for each opportunity in ascending order from best return to worst return with the height matching the total saving at the end of the analysis period. This combined wedge-MACC chart was first described in a paper by Adrien Vogt-Schilb, Stephane Hallegatte and Christophe de Gouvello at the World Bank.

The team at ESMAP and the World Bank have made MACTool freely available at http://esmap.org/MACTool and would welcome feedback from users. There is a handy guide on how to set up your first model, which users are strongly advised to work through prior to leaping into the tool. It is also worth mentioning that I have worked with Pedzi Makumbe from ESMAP and Braulio Pikman on another ERM project to deliver a different Excel based tool called TRACE which looks at the potential for municipalities to reduce energy use by selecting relevant opportunities across numerous sectors.

 

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MACCBuilderPro version 3

Posted by on Oct 6, 2013 in News, Uncategorized | 0 comments

Bright_MACCVersion 3 of MACCBuilderPro was released yesterday. It has a huge number of enhancements designed to make the creation of Marginal Abatement Cost Curves within Excel even easier. Now shipping as a native Excel workbook, existing features like colour-coded categories, design Styles and flexible project listing have all been enhanced. New features include Callouts to label projects, additional file saving options, a “Direct” data entry mode, links with PowerPoint as well as Word, and a host of other powerful features.

This is an indispensable tool for all energy efficiency, emissions policy or sustainability professionals. SustainSuccess offers MACCBuilderPro for a remarkably low cost with the intention of enabling as many people as possible to discover the power of MACC analysis. 

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New version of MACCBuilderPro soon

Posted by on Oct 3, 2013 in Uncategorized | 0 comments

MBP_MACC_ExampleWe are delighted to announce that there will be a new version of MACCBuilderPro released shortly. This version has some very neat features which you can see by clicking on the thumbnail image on the left. The changes and improvements have come about from suggestions from existing users of MACCBuilderPro.

Users of all previous versions will receive a free upgrade to the new version as soon as it is released, while new users will be delighted to hear that the price has been kept at the same low cost of just £85.00, around €100 or $136.00. SustainSuccess has chosen to keep the pricing this low in order to enable as many emissions, energy and resource efficiency practitioners as possible to incorporate high-quality MACC analysis into their research and reports.

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