Over the summer our co-President Vikram Sokkalingam worked with the Environmental Defense Fund in their Climate Corps program. We caught up with Vikram this week to discuss his experience at EDF.
As one of two EDF 2013 Climate Corps fellows at Ingersoll Rand (IR), I, in collaboration with Mansoor Baloch conducted audits at two Trane facilities. We identified one water conservation and twelve energy efficiency and projects at these sites. The NPV of the projects is $340,000 with an initial capital investment of $310,000. The implementation of these projects will annually save IR $115,000 in utility expenses, 1.5 million kWh of electricity and 195,000 gallons of water while reducing IR’s annual GHG emissions by 690 metric tons.
In addition to the energy audits, I worked on three independent projects. Firstly, I studied the process of energy opportunity discovery and implementation in an industrial setup and developed an energy value chain model to map the impact of different types of investments on the KPI’s/Incentives of all stakeholders involved. Secondly, I studied the needs and perception of industrial customers in terms of energy related services and also identified how Trane had responded to the findings of similar past studies to come up with a strategic direction for Trane to increase its business in the industrial market. Finally, I analyzed the available Energy monitoring and project reporting software platforms for the internal needs of IR and as a part of ECAS client audit offering. Because EDF teams with companies to find opportunities to increase energy efficiency, many projects are focused on operations improvements. However, because IR had partnered with EDF for four years prior to my arrival, the implementable operations improvements had largely been explored and executed. This made our assignment more challenging but also gave us the unique opportunity to look at energy efficiency from a product strategy perspective. From the projects we looked at, to the management we worked with, to the final result, my time with EDF Climate Corps was an amazing experience.