Renewable Energy TEA for Investors

Should investors in renewable energy due independent third-party techno-economic analysis? Experts who work with renewable and biotechnology investors on critical tasks like due diligence, feasibility studies, risk analysis, and IP strategy use techno-economic (TEA) modeling and analysis as an essential part of their work. In the bioprocess and chemical industries, bringing new technology to market is expensive and time-consuming. See our TEA PPT on this subject. There are technology and market risks as economic value is often dependent on the uncertainty of future R&D. Also, prices for raw materials, labor, utilities, and products are often quite variable. As the impact of these factors can be difficult to estimate, these issues are sometimes visited only at the beginning of a project and largely ignored thereafter. This is not good strategic planning. Techno-economic modeling offers a way to rapidly assess and reassess profitability and risk in terms of process and market parameters. This is a tool used by savvy investors to help select winning investments and maximize their chances of success. By linking process and market parameters with economic value, techno-economic modeling enables objective, quantitative decision-making throughout the investment lifecycle. When investors initially evaluate a potential investment, TEA gives realistic cost estimates for baseline and projected scenarios. Combining TEA with sensitivity analyses like the tornado diagram or Monte Carlo analysis helps investors understand technology and market risks. After an investment has been made, investors’ focus normally shifts toward facilitating and managing the “road to market”. At this stage, the techno-economic model objectively tracks progress and quickly adapts to changing priorities. It assists in identifying critical parameters and areas of uncertainty so that they are quickly addressed with good research and development.

Among its 150+ experts, Lee Enterprises Consulting has a wide range of services in bioenergy, biomaterials and chemicals, biotechnologies, and feedstocks.  We certainly have specialists in techno-economic analysis. Our other specialty services include other things like environmental & regulatory compliance, executive recruiting, expert witness engagements, intellectual property (IP) assistance, Life Cycle Analysis, RINs & Low Carbon Fuel Standard (LCFS), market studies, carbon credits, wildlife habitat matters, benchmarking, attestations, DOE Merit Review, BQ9000 Preparation, food safety & defense, Insurance selection & procurement, and process safety & management, to name a few.

Take a look at our experts and the services we provide.  You will note that most of our experts are also available for ancillary engagements and advice, for specialty engagements like serving as expert witnesses in litigation matters.  A good overview of our group is found in this video.  Call us at 1+ (501) 833-8511 or email us for more information.