Page 55 - Toucan_Modules_EN
P. 55

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                  3.3.  Green Tourism
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                  T The  tourism  sector  consumes  significant  levels  of  energy  based  on  both  transport-
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                  aspects,  such  as  accommodation,  food  and  tourist  activities.  While  the  expansion  of
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                  offices or travel to work by those employed in tourism.

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                  markets across the world. Cost declines due to technology evolutions and rapid policy
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                  advancements have triggered new investments, leading to further capacity additions
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                                                                        e
                  expect continuously lower capex. In recent years however, as the technologies have
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                  about the value provided to the system. In a moment of high volatility, the predictability
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                  in  operating  renewables  is  valued.  Financiers  and  investors  also  value  investments  in
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                  r renewables  as  a  step  to  meet  climate  commitments  and  de-risk  portfolios.  The
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                  consolidated banking experience with renewables, alongside a strong push for green
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                  c c o n s s o l l i i d a t t e d     b a n k i i n g     e x p e r r i i e n c e     w i i t t h     r r e n e w a b l l e s s , ,     a l l o n g s s i i d e     a     s s t t r r o n g     p u s s h     f f o r r     g r r e e n
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                  financing,  has  also  brought  down  the  cost  of  capital  for  renewable  power  projects.
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                  R R e c e n t t      s s p i i k e s s      i i n      e l l e c t t r r i i c i i t t y      p r r i i c e s s      h a v e      a l l s s o      i i m p r r o v e d      t t h e      c a p t t u r r e d      p r r i i c e s s      f f o r r
                                                                   m
                  Recent  spikes  in  electricity  prices  have  also  improved  the  captured  prices  for
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                                                                           c
                  Supply  chain  risks  and  increasing  costs  remain  a  major  concern  for  the  renewables
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                  industry, and companies throughout the value chain will need to mitigate and hedge
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                  t t these  risks  to  remain  successful.  Despite  these  concerns,  the  value  of  renewables
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                  remains high enough to sustain a healthy growth rate of renewables additions.
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                  c c o m m e r r c i i a l l      b u i i l l d i i n g ’ ’ s s      e n e r r g y      u s s e      a n d      d o m i i n a t t e      p e a k      e l l e c t t r r i i c i i t t y      d e m a n d . .           C a p i i t t a l l
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                     d
                  and  maintenance  costs  for  these  systems  also  comprise  a  high  portion  of  overall
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                  building costs.
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                  Improving HVAC efficiency can therefore have  a big impact on your bottom line by
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                  reducing  energy  use,  maintenance  costs  and  peak  demand  charges.  It  also  brings
                     u

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                                                                             .

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                  reputational benefits through higher energy efficiency ratings.
                                                i
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                                          u
                                                                                                                    | 59
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