Assess and Determine
Investment Grade Decarbonisation Reports (IGDR)
An Investment Grade Decarbonisation Report (IGDR) is a thorough X-RAY of your facilities’ current energy performance. This document provides our clients with a complete understanding of all options to achieve decarbonisation, their benefits, costs, and financing and grant opportunities.
Our engineers conduct a detailed engineering and financial analyses to identify all major energy, carbon, and cost reduction opportunities. We work with all stakeholders to understand your assets and their operation in depth.
Our clients are presented with a “menu” of opportunities, investment costs, financial supports, and associated benefits for each measure. Our approach to maximising value for our clients is: first, optimise existing equipment, and only then invest in new upgrades.
The IGDR is split in two stages: Stage 1 and Stage 2. Our staged approach ensures we deliver savings and proof-points quickly and for as little investment as possible.
IGDR Stage 1
In Stage 1, the detailed survey is carried out and a list of opportunities is developed for consideration of the client.
There will be immediate savings identified and realised through no- or low-cost measures. These typically pay for the costs of the IGDR in year.
2. Detailed site survey that looks at all mechanical and electrical equipment
3. Measurements of operational conditions of energy systems on site (temp., air speeds, pressures, etc.)
4. Analysis of the existing controls systems and strategies
5. Engineering calculations of savings testing several upgrade options
6. Estimate of investment costs with quotes for major equipment
7. Financial analysis of the opportunities
8. Workshop with client to review opportunities and select options to take to stage 2
9. Support in implementing no/low cost measures
The energy efficiency measures selected for implementation, proceed to Stage 2.
IGDR Stage 2
Measures selected in IGDR Stage 1 are developed to concept design. The costs and benefits are developed further and the project is at this stage "Investment Grade". The Stage 2 IGDR is a technical document that is used to engage the services of Designers, Contractors and Suppliers to implement the project.
During project implementation, Lumina will support our clients by taking on an independent advisory role, to ensure the final project meets the initial intended objectives.
1. Install temporary metering on the equipment under investigation (if relevant)
2. Develop a design concept for the upgrade which should includes a design narrative, draft schematics, and controls strategy
3. Firm up market prices for equipment
4. Detailed financial analysis of the business case, with sensitivity analysis (e.g. volatility of energy rates)
5. Workshop with client to discuss the final IGDR
