Overview

Organizations are setting progressive decarbonization goals to meet regulatory requirements and achieve strategic objectives, but not all decarbonization projects are created equal.

How do you know which projects to invest in? How can you balance capital planning, financial, and decarbonization objectives? Can decarbonization also achieve non-energy benefits and how do you deal with uncertainties like rising carbon taxes?

Understanding how to balance competing objectives and navigate your most cost-effective path to achieving carbon reductions is key to a successful decarbonization program.

This one-day course is designed to provide participants with hands-on experience analyzing decarbonization projects. The course will cover the basics of incremental cost, pricing carbon, net present value, the total cost of building ownership, and how to determine what needs to be included in a decision matrix. Throughout the day, participants will work through each step of creating a business case for a decarbonization project. At completion, participants will be asked to present their decarbonization recommendations.

This course will provide participants with the tools and expertise needed to conduct a total cost of ownership analysis and develop a business case for decarbonization projects so they can make informed decisions on which decarbonization projects to pursue and ultimately achieve their organization's carbon reduction targets.

Key learning objectives

Upon taking this course, participants will:

  • Understand decarbonization opportunities and why they are being pursued
  • Understand financial analysis metrics terms – incremental cost, the total cost of ownership or life-cycle cost analysis, NPV, IRR, $/GHG
  • Be able to compare various decarbonization opportunities and select the best opportunities
  • Understand and consider the effect of the varying carbon prices on projects
  • Develop and present a one-page proposal to pitch a decarbonization opportunity  

 

Audience

This course is relevant to anyone involved in facilities management or sustainability planning and specifically those tasked with identifying and implementing decarbonization projects in commercial, industrial, residential, and institutional buildings.

Location

CIET Virtual Real-Time Classroom training

This training will be offered virtually through Microsoft Teams. Upon enrollment, you will receive the information you will need to enjoy a great training experience.

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Schedule

CIET’s Pan-Canadian Virtual Course Schedule

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Course starts! 9:00 AM 7:00 AM 8:00 AM 10:00 AM 11;00 AM 11:30 AM
Training 9:00 AM - 10:30 AM 7:00 AM - 8:30 AM 8:00 AM - 9:30 AM 10:00 AM - 11:30 AM 11:00 AM - 12:30 PM 11:30 AM - 1:00 PM
Morning Break 10:30 AM - 11:00 AM 8:30 AM - 9:00 AM 9:30 AM - 10:00 AM 11:30 AM - 12:00 PM 12:30 PM - 1:00 PM 1:00 PM - 1:30 PM
Training 11:00 AM - 12:30 PM 9:00 AM - 10:30 AM 10:00 AM - 11:30 AM 12:00 PM - 1:30 PM 1:00 PM - 2:30 PM 1:30 PM - 3:00 PM
Lunch Break 12:30 PM - 1:00 PM 10:30 AM - 11:00 AM 11:30 AM - 12:00 PM 1:30 PM - 2:00 PM 2:30 PM - 3:00 PM 3:00 PM - 3:30 PM
Training 1:00 PM - 2:30 PM 11:00 AM - 12:30 PM 12:00 PM - 1:30 PM 2:00 PM - 3:30 PM 3:00 PM - 4:30 PM 3:30 PM - 5:00 PM
Afternoon Break 2:30 PM - 3:00 PM 12:30 PM - 1:00 PM 1:30 PM - 2:00 PM 3:30 PM - 4:00 PM 4:30 PM - 5:00 PM 5:00 PM - 5:30 PM
Training 3:00 PM - 4:30 PM 1:00 PM - 2:30 PM 2:00 PM - 3:30 PM 4:00 PM - 5:30 PM 5:00 PM - 6:30 PM 5:30 PM - 7:00 PM
Course Ends/ Trainer Help Desk Opens! 4:30 PM 2:30 PM 3:30 PM 5:30 PM 6:30 PM 7:00 PM
Optional Help Desk (Q&As) 4:30 PM - 5:15 PM 2:30 PM - 3:15 PM 3:30 PM - 4:15 PM 5:30 PM - 6:15 PM 6:30 PM - 7:15 PM 7:00 PM - 7:45 PM

Agenda

  • Decarbonization opportunities – a brief overview
  • Elements of a successful decarb pitch:
  • Understanding your organization’s goals and motivations
  • Financial analysis of alternative decarb options
  • Non-Carbon benefits, including:
    • Updating aging equipment
    • Managing future “carbon risk”
    • Climate adaptation (ex: cooling capacity)
    • Occupant comfort
  • Understanding the basics of analysis
    • A brief overview of NPV, IRR, etc
    • Incremental costing
    • Maintenance costs/savings
  • Standard energy efficiency financial analysis
    • Basics of analysis
    • Why it’s not ideal
    • What to do instead
    • Example activity
  • Carbon price
    • Carbon price vs. carbon tax
    • Incentives, credits, offsets, penalties
    • How to select an internal carbon price
  • Financial analysis activity in Excel
  • Putting it all together – presenting your proposal
  • Proposal activity
  • Wrap up and consolidation

Trainers

Stephanie Poole, P.Eng, PMP

Stephanie is a professional engineer with a wide range of project experience including performing energy efficiency audits, coordinating project implementations, and commissioning. Recently, she has been focused on low carbon energy studies and is currently coordinating the implementation of a deep energy retrofit that aims to reduce the GHG emissions on four multi-unit residential buildings by greater than 80%. Stephanie also has a diploma in teaching and is currently involved in course development and teaching for CIET, the BC Hydro Energy Manager Training program and the UBC Clean Energy Engineering program. 

The course includes...

Access to a private SharePoint website with additional training material, references, and links.

Policies and FAQ

Click here, to see our course postponement and cancellation policy.

Do you have questions? Consult our FAQ for answers. 

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