Pre-Feasibility Assessments for Energy Projects
Pre-Feasibility for Energy Projects:
A pre-feasibility is a preliminary study undertaken to determine, analyze, and select the best business scenarios for for further development for your clean energy project. This type of study examines multiple project options to determine the best fit, both technically and financially for further review as follows:
Potential Opportunities & Technologies: The study will Identify and review potential technologies & technology mixes that best fit a given customer’s requirements.
Locations: The study will review suitable locations for renewable energy projects, as well as potential funding sources and partners for the project.
Risk assessment: An initial identification of potential risks associated with your project will be completed at this stage, these can include but are not limited to technical, financial, regulatory and environmental risks.
Cost Estimate: A pre-feasibility study includes a cost estimate for each option considered. This helps customers balance capital and operating costs with other project objectives.
Stakeholder engagement: A pre-feasibility study can be used as an initial tool to engage stakeholders to identify their needs and concerns regarding the project. This can help build support for the project and address any potential issues before they arise.
Sustainable development: A pre-feasibility study is an important step that ensures the project aligns with sustainable development goals by considering the economic, social, and environmental impacts of the project.
Partners: This study can be used as a tool to identify potential industrial , utility and Financial partners, who are aligned with your objectives and goals.