Chapter, Examples Of Business Cases, Developing A Business - 78 developing a commercial enterprise case for renewable electricity at airports of higher schooling, it feels called upon to demonstrate the feasibility of renewable energy tech- nology and to illustrate to its students that renewable energy may be appropriate economic and environ- mental stewardship in their lessons bucks at the same time. Planning and choice making: the assignment was led by way of a faculty member at luther who is additionally the chair of the strength and water venture institution of the campus sustainability council, which turned into the primary driving force at the back of the development of the renewable power initiatives. Not one of the initiatives would had been moved along, however, with out the constant and company assist of the president of the university. Outreach with stakeholders turned into important for acquiring local approv- als and gaining enter from the network. Luther held voluntary public conferences for the wind turbine task. The college additionally furnished information about all the tasks and the desired public meetings. The wind turbine task required a unique use permit from the winneshiek county making plans and zoning fee and the board of supervisors. Luther additionally labored intently with house owners near the turbine to provide key records, answer questions, and at ease assist. The solar pv projects have required a variance from the metropolis of decorah plan- ning and zoning fee and the decorah town council. Financing renewable strength: luther set aside $1.1 million in price range savings over four years to make an fairness funding inside the $3.2 million wind turbine project. Luther fashioned luther college wind electricity mission, llc, and a c-organisation, luther university ventures, to tap various state and fed- eral incentives together with a usda rural energy for the united states application (attain) supply and a cash furnish option to be had for a restricted period beneath the american healing and reinvestment act. The balance became financed thru a 33/67 mix of a 0 interest mortgage from the iowa strength centerâs opportunity strength revolving mortgage software and conventional financing from a neighborhood bank. The assignment is also eligible for iowaâs 476c wind power manufacturing tax credit score. As noted above, luther is leasing the 280 kw pv array and is paying the rent payments with offset strength purchase funds in addition to with donations to the university to assist renewable energy. The manufacturing from a brand new 820 kw array might be purchased primarily based on a hard and fast rate 10-12 months agreement with the 0.33 birthday party proprietor and operator of the ability. Neither solar pv alternative required any prematurely cash investment by means of the college. Instructions discovered: luther college provided the following guidelines to businesses in search of to develop renewable power tasks on-web site: â¢ join the inducement for investments in renewable energy with the universityâs strategic plan, â¢ hold complete transparency with the general public and the board of regents, â¢ pay for 86f68e4d402306ad3cd330d005134dac expert research, â¢ excercise dogged determinism, â¢ consciousness on the worst-case situation for renewable strength resource assessment, â¢ anticipate utilities to move slowly in approving interconnection agreements and to elevate other obstacles due to the fact such initiatives consume into their income, and â¢ increase in-residence information to behavior studies and economic modeling. 7.4 outagamie airport outagamie county nearby airport (atw) is owned and operated by means of outagamie county and serves appleton and the fox cities communities. Based on 2014 flight operations, it turned into the fourth busiest airport in wisconsin. The airport meets the air transportation needs of the network with 4 foremost airways imparting service to six most important hubsâchicago, atlanta, minneapolis, detroit, milwaukee, and cincinnati. Numerous major businesses are also placed at the airport, inclusive of air wisconsin, gulfstream, federal express, and airborne.