ABB (Australia Pty Ltd)
ABB Australia was assessing a potential business venture that it could launch together with a small company to promote a kind of new equipment designed to improve the quality of mains electrical power supplied from local distribution networks. As in many parts of the world, voltage is often supplied at excessive delivery levels and can cause excessive power consumption by certain equipment at end-user facilities.
Econoler was contracted to conduct a due diligence review of the claimed savings potential of the electrical power quality improvement equipment marketed by the small company, with which ABB was considering developing a joint venture.
The assignment involved conducting a due diligence review of claimed savings and developing a strategy for the measurement and verification of the savings delivered by the electrical power quality improvement equipment marketed by ABB’s potential business partner. Econoler carried out the following tasks:
- Reviewing feasibility of the reported savings associated with a pilot installation of the electrical power quality improvement equipment installed at the ABB Australia facility located at 601 Blackburn Road;
- Making a technology assessment of electrical power quality equipment;
- Evaluating the energy savings measurement and verification for the proposed electrical power quality improvement equipment;
- Recommending a measurement and verification strategy for the proposed electrical power quality improvement equipment based on international best practices.
Econoler delivered a report presenting the results and findings of an objective evaluation of the electrical power quality improvement equipment as requested by ABB. The report was shared with ABB’s business venture partner. Econoler’s expert participated in a review of the assignment’s findings and a discussion of the constructive steps that each party could take to further explore business opportunities for the proposed technology in the contexts of the conventional transaction sales models and the energy performance contract approach.