As part of a technical due diligence effort, the team is often requested to perform a Technical Readiness Assessment. This will assign a score to the technology, known as the Technical Readiness Level (TRL). Originally developed by NASA in the 1970’s, it was adopted by the US DOD in the early 2000’s, followed by the…
Commercialization of Biofuels Technology refers to the process that transforms a biofuels technology from concept into a profitable biofuels’ technology operating 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 biofuels technology idea includes…
The recommended approach for scaling bioenergy and biofuels technology follows a similar stage-gate process to that used in traditional Chemical Process Industry (CPI) processes. But the processing of solids in bioenergy applications leads to some subtle differences, and unique challenges, that need to be considered The transportation fuels industry has seen a fundamental change in…
What does a renewable diesel consultant do? Let’s start at the beginning. Renewable diesel is a premium-quality diesel produced from renewable and sustainable feedstocks such as waste animal fats, waste vegetable oils, and greases. It allows a significant reduction in the carbon footprint compared to petroleum diesel without sacrificing diesel engine performance. It has the same chemical composition as…
What do biotechnology experts or consultants do? Biotechnology is the use of some biological processes for industrial or other purposes, like the genetic manipulation of microorganisms for the production of antibiotics, hormones, etc. There are many types of biotechnologies, including medical (such as vaccines and antibiotics), and agricultural (such as pest-resistant crops and plant and…
This is a PowerPoint by Lee Enterprises Expert, Dr. Doug Rivers, about conducting due diligence on emerging technologies in renewable energy.
Biofuels, such as ethanol and biodiesel, are produced from the conventional or lignocellulose feedstock and biofuels additives are often necessary components. Sugar and corn are the most prominent feedstocks for ethanol, while animal fats, waste vegetable oil, soybean and other plant oils, are the most prominent for biodiesel. There is a great deal of research…
Renewable energy and biochemical consulting firms like Lee Enterprises Consulting, Inc., have experts in biofeasibility as well as other expertise in biofuels/renewable fuels, biomaterials, biomass and biomass power, feedstocks, biotechnologies and a variety of specialty services. This will encompass an expertise in biofuels like algae biofuels, aviation/biojet fuels, ethanol, cellulosic ethanol, advanced biofuels, biodiesel, renewable…