Project Feasibility Analysis
Developers need to assess the potential for power purchase agreements, electricity pricing, confirm the existence of an ample biomass fuel resource, identify terms for fuel supply contracts, identify project development strategies that manage technical and financial risks, identify reliable and flexible fuel processing/handling systems, and confirm access to the power purchasers and waste disposal. However, more than any other renewable energy technology, biomass power projects require that developers address a broad spectrum of variables including complex issues of fuel supply, environmental impact, and public perception.
ANTARES uses a systems-level approach tailored to a specific project opportunity to thoroughly evaluate each project’s key development requirements. Typically, a project feasibility analysis will include preliminary plans or assessments for:
- Biomass system layout and technology selection
- Air, land, water, waste management impacts and permitting requirements
- Plant performance analysis
- Public acceptance
- Fuel supply
- Electricity/steam markets, particularly long-term buyers , or government mandates
- Project pro forma including incentives, tax
breaks, government cost share
At
the conclusion of each feasibility study, ANTARES prepares
a feasibility report to allow project developers to
determine project viability.
