Biomass Technology Commercialization refers to a rigorous process that transforms a biomass technology concept through a series of steps into a profitable operating biomass entity. Inventors and their investors must convert their concepts into commercial success to achieve a financial return with the least amount of risk exposure. The normal path for commercializing a biomass technology idea includes initial due diligence followed by more advanced testing and modeling to confirm basic assumptions.
After the idea is deemed viable, and to reduce biomass technology and financial risks, the concept is sequentially scaled-up. The scale-up phases entail a series of stage-gate hurdles of increasingly higher levels of product volumes, manufacturing complexity and costs. The specific targets for scaling up a technology are driven by engineering, business and financial considerations and expectations.
An expert in biomass technology commercialization will often have one or more STEM-related degrees, be an excellent communicator and possess extensive experience in scaling up multiple biomass or biofuel technologies. Experts in commercializing biomass and biofuel technology will be able to shepherd a project through the various scale-up phases and will have experience in financial modeling, supply chain and technology assumptions, intellectual property protection, fatal-flaw analysis, biomass management, design review, engineering, data analysis, process modeling, business development coordination, selection of piloting facilities, equipment design and project management to thereby improve the overall probability of success.
Lee Enterprises Consulting (LEC) offers a wide range of services in biofuels, biochemicals, biotechnologies, biomaterials, synthetic biology commercialization, feedstocks, and hemp/cannabis. The company has business and financial services like due diligence, feedstock availability, grants and loans and bio market research. The company also offers technical and engineering related services like techno economic analysis, environmental evaluations, feasibility studies, risk analysis and expert witness engagements. The company also has strategic partnerships in place to assist clients with insurance, legal, accounting, plant fabrication, feedstock procurement. With over 150 experts worldwide, Lee Enterprises Consulting also has experts in anaerobic digestion, fermentation, biomass, conversion technologies for things like tires and railroad ties, organic synthesis, fuel additives, ethanol gas, biodiesel fuel including algae biofuels, solid state and industrial fermentation, green energy grants, ag biotech, agricultural waste, alcohol fuels, alternative proteins and animal-free products, sustainable foods, beverage fermentation, biocatalysis, biodiesel conversion, biogas production, biomass power, carbon intensity, co2 utilization, combined heat & power, Fischer-Tropsch technology, food waste, hydrothermal carbonization, industrial enzymes, landfill management, microbial fermentation, organic synthesis, plastic pyrolysis, plastic recycling, plastic waste, pyrolysis oil, reactor design, renewable identification number, the Renewable Fuel Standard (rfs2), solid recovered fuels, torrefaction and torrefied biomass, waste to energy, and waste-to-hydrogen. This is a multidisciplinary group of green energy consultants that is a virtual “one stop shop” for any client need and handles projects of all types and sizes.
Look at our experts and the services we provide. Most of our experts are also available to advise and serve as expert witnesses in bioeconomy litigation matters. For the larger projects, we specialize in putting together full service, interdisciplinary teams with one point of contact. See video about LEC here. Call us at 1+ (501) 833-8511 or email us for more information.