As more investors are examining renewable technology investment, renewable fuels and chemicals projects, new technologies continue to emerge worldwide. As new developers come into the marketplace, most earnestly believing they have unique and superior new technology, the core question always remains as to whether it works as promised. It is always the best approach to engage unbiased, experienced scientists, engineers, and other experts to evaluate the new technology with intense scrutiny. While this most certainly involves a “deep dive” into both the science and engineering, it is vital to assess things like product yields, end product quality, energy utilization, process flows, and materials and safety concerns. Also to be considered are how the market might respond to the new process and whether there are currently existing subsidies, mandates, or other favorable conditions available. See Getting the Most Out of Techno economic Analysis for more information.
Large renewable energy and biochemical consulting firms certainly have experts in the more common areas of bio and renewable fuels, biomaterials, biomass and biomass power, biomaterials, biochemicals and biotechnologies. But they also have expertise in a wide variety of specialty services like expert witness testimony, techno-economic analysis, due diligence, feasibility studies, budgeting, project management, technology assessment, insurance, due diligence, risk management, benchmarking, intellectual property, HAZOP, financial modeling, competitor analysis, and assistance with RIN and Low Carbon Fuel Standards (LCFS) matters. These firms should also be able to assist with other things like Aspen Plus®, logistics, bioreactor design, municipal solid waste remediation, syngas and bio-based product development, carbon credits, climate change analysis, environmental permitting, equipment sales, experimental validations, grant writing, IP strategy, life cycle analysis (LCA), plant operations, plant sales and auctions, and risk analysis (FMEA).
Lee Enterprises Consulting is the world’s premier bioeconomy consulting group, with over 100 highly qualified experts serving in all these areas and as consultants to those seeking renewable technology investment. Take a 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. Call us at 1+ (501) 833-8511 or email us for more information.