Feasibility studies
Turning vision into reality begins with understanding of opportunities, risks, and pathways to success. Our comprehensive feasibility studies help your team assess site suitability, navigate regulatory requirements, and quantify environmental and economic impacts to best position your investment for sustainable growth.
Our feasibility studies
With decades of expertise in biofuels, fast pyrolysis technology, engineering, and advisory, we deliver clarity and confidence for pre-project planning.
Geographic assessment: Evaluate potential locations with consideration for biomass sources, existing refinery infrastructure, utilities access, etc.
Energy & utility needs: Outline energy consumption and necessary utility connections (water, electricity, waste management) specific to production.
Investment analysis: Provide a rough capital expenditure (CAPEX) and operational expenditure (OPEX) for setting up a production facility based on similar project studies and available data.
Regulatory compliance: Identify necessary permits and compliance requirements while using insights from existing biomass projects to streamline processes.
Biomass assessment: Analyze types of biomass available (quality, sourcing, storage conditions to optimize pyrolysis efficiency, etc.) as well as costs and logistics to ensure competitive pricing for BioOil production.
Carbon impact and displacement assessment: Evaluate potential CO₂ reduction and how BioOil might replace bioethanol/biodiesel in refineries and the implications for local, regional, and/or national energy independence.
BioOil offtake strategy: Plan for refinery integration by assessing compatibility with existing refinery processes.
BioChar offtake options: Assess market for BioChar as either a returned commodity to biomass suppliers (for soil enrichment) or as a standalone sale (to industries such as agriculture or energy).
Distribution logistics: Identify optimal transport and storage methods for BioOil and BioChar in line with refinery and supply chain standards.
Environmental impact: Evaluate the carbon sequestration potential and other environmental benefits of BioOil compared to current biofuels.
Social impact: Outline how local biomass sourcing may support rural economies by offering new revenue streams for farmers and waste management solutions.
Governance and sustainability strategy: Create a governance framework for sustainable practices, ensuring transparency and regulatory compliance.
Carbon sequestration: Assess the carbon offsets achievable through the project, potentially making it eligible for carbon credits or offset schemes.
Financing options: Explore avenues for green financing or government incentives for renewable energy projects.
Green certifications: Review pathways to achieving certification to position BioOil as a green-certified fuel alternative.
Financial viability: Create an economic model comparing BioOil production costs, savings, and environmental benefits.
Trade benefits: Evaluate the potential net impact on trade by exporting / importing agricultural feedstock (focusing on strengthening the trade balance and improving energy security).
Market competitiveness: Prepare a study of BioOil as a superior alternative in terms of cost-efficiency and sustainability, especially when targeted to export markets with stringent emission standards.
Incentives recommendation: Propose incentives to support BioOil projects (e.g., tax benefits, subsidies, or renewable energy credits).
Government financing opportunities: Develop a pitch for potential public financing support that emphasizes job creation, carbon reduction, and trade benefits.
Policy alignment: Align the project with national climate targets, renewable energy goals, and/or international sustainable development goals.