The ideal starting point for taking decisions
In order to take decisions, it is essential to have comprehensive information on investment targets and relevant economic constraints and conditions. Fichtner Management Consulting (FMC) advises investors and financing banks all over the world in identifying and evaluating investment projects. Furthermore, we provide support to regulatory agencies and other public institutions in developing the economic framework that promotes attainment of national energy policy objectives.
- Master plans and expansion planning
These are the foundation for national development plans in the energy, water and waste management sectors. From long-term demand forecasts, we develop an expansion sequence optimized with regard to costs and technology, to provide the basis for future investment decisions. Gaining increasingly in significance are master plans with a particular focus on renewable energies.
- Financial and economic analyses and appraisals
On behalf of investors, we apply financial and economic models to derive the economic feasibility of their projects. Depending on how mature the project is, financing options are modeled in detail. For projects financed by development banks, additionally we prepare economic cost-benefit or microeconomic analyses.
- Market surveys
Closely linked to the financial appraisal of investments is the analysis of the market context. By investigating future demand, competition and price developments, central elements of the market framework are determined and evaluated.
- Sector analyses
FMC is well-positioned to investigate the economic and structural viability of entire sectors and specific players therein, supported by weakpoints review, opportunity leveraging, action planning, and transition management. Frequently, such reviews address financial and institutional restructuring of public, public/private or other utilities and bodies.
- Regulation and tariff studies
Regulated markets require not only standardized procedures and rules for interaction, but also monitoring of market players. FMC supports regulatory agencies, for example in developing performance standards or in calculating reasonable tariffs. In the context of the development of renewable energies, FMC develops feed-in tariff models for various renewable energy technologies, among others.
References for typical projects
- KfW, Indonesia: Preparation of solid waste management master plans for eleven Indonesian cities
KfW, Indonesia: Preparation of solid waste management master plans for eleven Indonesian citiesSolid waste management master plans were drawn up for 11 Indonesian cities by Fichtner to identify fast track waste management measures, taking into account their CDM potential. Subsequently for the selected fast track measures in seven cities, feasibility studies were conducted.
- Development of the market value of natural gas in Italy
Development of the market value of natural gas in ItalyFor a price review under a long term gas sales agreement for the German gas market, the services Fichtner provided were to analyze the development of the value of natural gas according to the market value principle. In the study about the development of the value of natural gas in the Italian gas market Fichtner described the applied methodology, the data sources used and the results. For this our experts examined the development of the legislative framework, the breakdown of the gas volumes into segments, as well as the development of energy prices for alternatives to natural gas and the market prices of gas for each segment.
- Development of gas prices in Germany
Development of gas prices in GermanyOn the basis of a study about the German gas market prepared by Fichtner, as a follow-up study Fichtner was asked to prepare an analysis of the development of gas prices. This analysis was based on actual end-user gas prices published by EUROSTAT. For this purpose, among others, the evolution of prices and market shares in the market segments residential, commercial, industry and power was investigated from 2004 to 2012. In addition the development of costs for transport, distribution and storage was analyzed for the same period.
- Innovation Center Niedersachsen: Energy storage concept Niedersachsen
Innovation Center Niedersachsen: Energy storage concept NiedersachsenThe project aim was to create a development concept for energy storage in Lower Saxony, where Fichtner had to analyze mechanical and chemical formed grid scaled energy storage technologies. The services Fichtner provided within the framework of the concept development were involving the description of surface operating principles and underground storage technologies, the analysis of the potential storage capacity and time for responding to energy needs, and the feasibility with regard to construction and operation. On the basis of the capacity potential analysis and feasibility check, energy storage systems appropriate for Lower Saxony were ranked and compared according to priority and the technical performance of the technologies.
- IFC: Development of a strategy for the geothermal sector in Ethiopia
IFC: Development of a strategy for the geothermal sector in EthiopiaAs part of the Ethiopian Scaling up Renewable Energy Program (SREP), the International Finance Corporation (IFC) drew up a long-term strategy for the geothermal sector, from which recommendations for developing geothermal energy in Ethiopia would be derived. The services FMC provided were to develop the long-term strategy for the geothermal sector under consideration of the necessary development potential of the geothermal business environment on government level and various institutions, so as to initiate and ensure symbiosis of geothermal developers over the long term.
- Energy Sector Gambia: Preparation of an energy sector study
Energy Sector Gambia: Preparation of an energy sector studyThe project aim was the conception of an energy strategy to improve the structural and strategic environment and to promote more efficient development of the national energy sector. The services FMC provided were effective corporate governance and auditing processes supported by reliable information on costs is a crucial factor for the decision-making process when fixing tariffs and evaluating capital and operating expenditures for energy supply operations. As a result, FMC created a study that was focused on the development of a national sectorial strategy on the basis of current sectorial studies and strategies, while following a thorough review of the NAWEC finances.
Your contact for Sector studies and Economics
- Dr. Johannes Hönig
- Member of the Executive Board