Energy Project Management
Prior to harnessing energy from a hydrocarbon reservoir or renewable source, developers must put in place the right infrastructure for efficiently extracting, storing, and/or transporting the natural resource. The term “energy project management” encompasses tasks performed by energy companies and their subcontractors to achieve such goals. Examples of energy projects may include drilling oil wells, leasing land for solar or wind parks, constructing pipelines, and building battery storage facilities.
Managing Energy Projects & Related Tasks
Energy projects tend to be highly complex, require millions of dollars in capital investments, and involve dozens or hundreds of skilled professionals. Developers must balance a variety of project-related tasks involving budgets, finance, accounting, engineering, permitting, construction, geology, public relations, and other factors.
For example, when it comes to land-related considerations—our speciality at Trigen Energy, LLC—project developers usually need to:
Define an area of interest (AOI) that is in close proximity to a resource-rich site, such as an oil reservoir, or important infrastructure, such as an existing substation.
Determine property availability by performing online or courthouse research.
Acquire land within the area of interest by meeting with property owners, establishing relationships, proposing terms, and executing land leases or purchase agreements.
Monitor community sentiment and political dynamics to ensure stakeholder buy-in and avoid project roadblocks.
Energy Projects & Outsourcing
Due to the sheer volume and specialized nature of energy project tasks, developers may consider outsourcing certain responsibilities to subcontractors. Partnering with a proven service provider can help an energy developer free up capacity while achieving success.
For example, at Trigen Energy we believe that we add value to our energy developer clients through:
● Expertise: We’re experts when it comes to “on-the-ground” aspects of energy projects.
● Flexibility: No AOI yet? No problem. Bring us in when you’re ready.
● Scalability: Tap into our network of skilled land professionals.
● Cost efficiency: We serve multiple clients as subcontractors, which means we’re responsible for our own benefits.
● Problem solving: Our hands-on approach can help clients solve complex problems in a highly efficient, effective way.
Contact Trigen Energy to discuss your next energy project and explore our land services.