Summary of Energy Budgets at Risk (EBaR)
A Risk Management Approach to Energy Purchase and Efficiency Choices (Wiley Finance)
Energy costs are many companies’ biggest – and volatile - expense; now, a new method helps you manage this large exposure to risk.
Since the first oil embargo in 1973, energy prices have increased and become more volatile, creating the corporate need for better financial tools to evaluate energy costs. Enter energy economist Jerry Jackson, developer of the "Energy Budgets at Risk” (EBaR) analysis that technically oriented managers can use to make sharper decisions about how and when to upgrade systems to achieve energy efficiency. EBaR is a trademarked cost and risk analysis tool, and Jackson explains it (and, in truth, promotes it) clearly. Although his book is a bit repetitive and loosely organized, it contains all the formulas, graphs and rationales needed to explain EBaR’s statistical approach. getAbstract recommends this to math-minded managers who seek new ways to assess and control their organizations’ energy costs – and to help the planet along the way.
In this summary, you will learn
- What the “Energy Budgets at Risk” (EBaR) analysis is;
- How it treats the decision to upgrade to more energy-efficient equipment; and
- What technical and fiscal factors managers should consider when making decisions on energy equipment upgrade or modification.
About the Author
Jerry Jackson is an energy economist, consultant and Texas A&M professor with 30 years of experience in developing and applying practical solutions to difficult energy industry problems. He has worked with more than 20 Fortune 500 companies, as well as start-ups, utilities, state agencies, research labs and the U.S. Department of Energy.
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