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Feasibility studies

Most bioenergy projects require an initial feasibility study. Matters to consider include:

  • The range, availability and security of supply for biomass resources for your project.
  • Whether output is used on-site, exported to other users or fed into the grid network. Will the project require a grid connection? If so, what would the likely costs be? Are there neighbouring industries willing to buy heat and/or electricity, and are they willing to enter a long-term purchase agreement?
  • Identifying the range of processes and technologies you can use to convert biomass into bioenergy.
  • Which method of bioenergy production is the best, most cost-effective use of the resources.
  • Whether a risk assessment is necessary.
  • The comparative costs of alternative energy sources over the lifetime of the proposed project.
  • Site, environmental or social factors that may impact on the projects’ development and effect the project costs.
  • The eligibility of the project for grants, tax concessions and other incentives.
  • Who the likely financiers/projects investors are.