NAUP is convinced that the face of the power generation sector and the energy industry as a whole will undergo drastic changes over the next 10 years, not just in policy and protocol but in serviceability and solutions. A great deal of this change will be driven by the fact that, in most cases, the North American grid simply cannot accommodate cutting-edge solutions for end-users that will create a more efficient and responsible energy-user landscape. The challenge is to eradicate the huge lag that exists between the country’s ever-increasing energy demands and the ability to keep pace with them – in an intelligent and responsible manner.
We are proactively involved and investing in developing solutions that bring to market both traditional and renewable forms of power generation that span the entire realm of the public’s energy consumption needs.
These generation projects range from peaker and on-site/distributed generation to baseload solutions and include customized joint venture solutions with energy players and commercial and industrial players who want to shed risk.
Renewable Generation Technologies
Investing in Change
Between now and 2050 the International Energy Agency estimates that $45 trillion will be needed to develop and deploy new, clean technologies. We believe that in spite of the considerable economic downturn in 2008, distraction will not prevail. NAUP is committed to the idea that investing in climate change will not only create new and cleaner sources of energy, but also can present the effect of a new industrial revolution, creating many new jobs and a more dynamic global business landscape.
Investors can benefit from regulated business landscapes around the world that provide coverage in the way of tax incentives and/or discounts and help to catalyze a market.
Despite the excitement surrounding these types of investments, we cannot foster poor business practices that often occur with economic booms. We only need to look at the debate as to whether an investment in wind generation, for example, is actually a real business opportunity. It is imperative that due diligence not be abandoned, thereby creating what can be a long-term revolution into a bubble ... which will do what all bubbles do – pop!
Types of Innovation Sought
NAUP is looking for opportunities that create true cost-efficient and reliable solutions that produce large-scale power. Additionally, NAUP is looking for smaller-scale innovation and technologies that can be deployed on-site or near the end-user to help reduce consumption drawn from the respective grid, to provide required renewable energy credits and, perhaps, even provide arbitrage opportunities.
North America and many other parts of our world face the dilemma of an overdependence on fossil-fueled power generation sources and the harmful gases they emit into the atmosphere. In the midst of trends, buzzwords and price volatility, the only constant is the fact that demand will grow.
While NAUP plans to be an avid pursuer of renewable energy solutions, we also believe in taking advantage of the existing infrastructure, specifically natural gas-fired plants. Natural gas is the cleanest of all the fossil fuels. Its combustion releases very small amounts of nitrogen oxides and sulfur dioxide, virtually no ash or particulate matter, and lower levels of carbon monoxide, carbon dioxide, and other reactive hydrocarbons compared to coal or oil.
NAUP takes advantage of this existing infrastructure by aggregating natural gas and turning it into electricity and delivering it to obligated end-users. NAUP’s platform and business partners accommodate the process in a cost-efficient and seamless manner.
Additionally, we are interested in creating distributed and cogeneration (combined heat and power) opportunities throughout the landscape.
Distributed generation refers to the placement of small-scale, individual electric generation units at residential, commercial or industrial sites. Its benefits include the ability to produce electricity that is more efficient, more reliable, and cheaper than purchasing power from a centralized utility. It also increases local control over the electricity supply and may lessen the transmission loss of electricity.
Cogeneration plants capture excess heat that would be wasted in a conventional power plant, which increases efficiency from about 55 percent to 90 percent. This means that less fuel is consumed and less pollution is produced.
In summary, NAUP is looking to invest in existing generation technology that does little or no damage to the environment as well as in renewable energy projects that reduce our global dependence on fossil fuels.