While some risks (namely economic ones) are always top of mind, climate and energy concerns are playing a larger role in business development and annual planning as more companies affirm their energy transition strategy and begin their journey to achieve those goals. As we approach the end of the first quarter of 2024, it’s not too late for business leaders to evaluate the major energy related risks and opportunities on your horizon and make a plan to tackle them.  

Extreme temperatures are a growing issue that threatens businesses and public health as unusual weather events place massive strain on energy grids. This past summer was the hottest recorded since global records began in 1880, says NASA’s Goddard Institute for Space Studies. As we head into spring, will we see any extreme weather such as unusually cold or warm temperatures? 

The rise in extreme weather events is just another alarm bell that underscores the importance of reducing human-induced greenhouse gas emissions. With 2024 underway, business leaders around the world should be thinking about how they will establish green energy goals or make progress against existing goals. Regardless of industry or company size, global executives need to build renewable energy efforts into their agendas for the remainder of the year.  

Successful energy transition journeys start with asking the right questions. Here are five considerations to help business leaders create a more strategic and viable path to a greener future:   

1. Do you and your business have a clear understanding of your energy goals and roadmap to achieving them? How will you address pain points along the way?  

2. How can engaging the right partners help drive your energy transition goals forward? 

3. Do you have the correct funding in place to make the investments required to achieve your green energy goals? 

4. What types of knowledge gaps do you need to fill in order to navigate energy challenges successfully?  

5. Are you exercising transparency in your progress toward the energy transition?  

How Calibrant can help you achieve your green energy goals 

Reducing our dependence on fossil fuels is a complex issue but a net zero future is possible. Green energy goals for this year should not be aspirational. They should have a clear and actionable roadmap in place to ensure progress is achieved.  

At Calibrant, we specialize in providing comprehensive solutions and technological expertise to help our clients achieve their energy goals while remaining focused on their core businesses. By partnering with a trusted energy as a service provider like Calibrant, you can confidently take advantage of the technologies available today while keeping an eye on the horizon for emerging solutions.  

Join us in this journey towards a cleaner, more sustainable future. 

Thomas Biddinger is the Director of Business Development & Partnerships at Calibrant Energy.