Renewable Project Development
Gabel Associates draws on its experience with over 250 renewable energy projects, and its unique analytic expertise, to help clients take advantage of renewable opportunities involving a wide range of established and cutting-edge technologies.
Hundreds of public and private sector clients rely on Gabel Associates to ensure that their projects develop successfully and efficiently. The firm provides highly focused consulting services to assist our clients in bringing their renewable energy initiatives from concept to reality.
The firm has assisted in the development of some of the region’s most significant projects including solar, wind, offshore wind, biomass, landfill gas, hydro, and resource recovery.
We draw upon both real-world experience and expertise in economic and financial modeling to provide strategic advice and forecasts. We have a thorough understanding of the crucial elements that ensure that projects are successful and cost effective.
Gabel Associates has strong national reach, as demonstrated by our completion of over 50 renewable and combined heat and power feasibility studies nationwide for the Department of Veterans Affairs. We have also supported a range of large-scale renewable projects for the Department of Defense and conducted analysis for projects throughout the United States.
We offer customized solutions that align with the interests and needs of each client.
Gabel Associates is a pioneer in the development of renewable projects, including the development of the first landfill mounted solar project in New Jersey, solar-plus storage projects, unique lease and financing structures, and trailblazing analysis of offshore wind energy in New Jersey.
Gabel Associates is deeply involved in all stages of renewable project development. Our project support services include:
- Feasibility studies
- Refined economic and financial modeling
- Comprehensive evaluation of financial, economic, marketplace, environmental and regulatory issues
- Determining the most effective project structures, including lease, power purchase agreement (PPA), self-own, or hybrid structures
- Drafting of Request for Proposal (RFP) documents and administration of competitive procurement processes
- Contract negotiations
- Project facilitation services during project implementation
- Renewable attribute sales
We draft procurement documents with well-defined language that clearly communicates client expectations and reflects marketplace requirements, helping to maximize participation. Additionally, when reviewing responses, Gabel Associates relies on careful economic and technical analysis to develop criteria that promote successful projects.
The firm negotiates PPAs to sell the energy produced by the generation facility. We market and sell the renewable energy certificates (RECs) generated by a project, providing the project with an additional source of revenue.
The firm has assisted over 100 customers enter into PPAs and/or leases for renewable energy projects for technologies including solar, wind, landfill gas-to-energy, and waste-to-energy. Gabel Associates understands the provisions that can adversely impact our clients, which gives us the ability to analyze project risks and advocate for contract language that provides multi-layered protection. Our strong experience with PPA structures makes us highly qualified to assist clients with the development, analysis, and negotiation of these agreements.
Gabel Associates also helps to identify all applicable federal, state, and utility grants and incentives for renewable generation projects, helping our clients take advantage of all opportunities to reduce their project costs and recover their investment as quickly as possible. We helped secure $4.8 million to support Rutgers University’s campus solar project, $1.5 million for Ocean County’s landfill gas project, $4.7 million for Burlington County’s landfill gas project, an $8.5 million ARRA grant for the New Jersey Meadowlands Commission, as well as supporting numerous sales of environmental attributes.