What is BS EN 17463 about?
BS EN 17463 specifies requirements for a valuation of energy-related investments (VALERI). It provides a description on how to gather, calculate, evaluate and document information in order to create solid business cases based on Net Present Value calculations for ERIs.
Note 1: BS EN 17463 is applicable for the valuation of any kind of energy-related investment.
Who is BS EN 17463 for?
BS EN 17463 on the valuation of energy-related investments (VALERI) is for:
- Government authorities
- Any entity interested in energy investment
- Government policymakers
- Companies/ industries looking for energy investments
Why should you use BS EN 17463?
The growth in the amount of power obtained from renewable energy sources is becoming a very important aspect for many countries and hence they are making strategies to achieve depletion in greenhouse gas (GHG) emissions.
BS EN 17463 sheds light upon the valuation of energy-related investments (VALERI), which is one of such policies, that government is trying to implement. Renewable energy investments can often have external costs and gains, which need to be considered if socially adaptable investments have to be done.
BS EN 17463 focuses mainly on the valuation and documentation of the economic impacts of ERIs. It shows you how quantified benefits and efforts are transferred into cash flows, if possible. It also helps in achieving this, by multiplying the quantities with the specific value for each unit whereas the multipliers reveal the most likely case.
BS EN 17463 on the valuation of energy-related investments (VALERI) also enlightens you about, the non-economic effects (e.g. noise reduction) that can occur through undertaking an investment. Thus, qualitative effects i.e. their impact on the environment are considered, even if they are nonmonetizable.
