Like any early-stage venture, having a solid pro forma at the beginning is essential for emerging biofuels projects. Some examples of developing and emerging biofuels might include advanced algae-based biodiesel or biofuels created using petroleum-like hydroprocessing or advanced biochemistry. They might also include biogas produced through anaerobic digestion of residues, and maybe even wood pellet heating systems. Examples of emerging technologies might include things like torrefaction to produce bio-coal, slow pyrolysis to produce biochar, fast pyrolysis to produce pyrolysis oil and biochar, hydrothermal carbonization to produce hydrochar, hydrothermal liquefaction to produce biocrude, stream treatment to produce black pellets, and gasification to produce producer gas and/or syngas. Why is the most important initial task to develop a solid starting pro forma for the process? Because the pro forma is the foundation for the financial justification of any project at any stage and it must be a solid starting point that can continually be updated as better information becomes available. The design and analysis of this pro forma is a major factor in investment decisions. The technology roadmap is what brings a solid technology to commercialization.
Large renewable energy and biochemical consulting firms like Lee Enterprises Consulting offer a wide range of services in the general areas of biofuels, biochemicals, biotechnologies, biomaterials, synthetic biology commercialization, feedstocks, and in very specific areas like emerging biofuels. They have specialized business and financial services like due diligence, feedstock availability, grants, and loans and bio market research. A big consulting group like this should also offer technical and engineering-related services like techno-economic analysis, environmental evaluations, feasibility studies, risk analysis, and expert witness engagements, and have solid strategic partnerships in place to assist clients with insurance, legal, accounting, plant fabrication, feedstock procurement. With over 150 experts worldwide, Lee Enterprises Consulting has experts in many specific clean and renewable areas. 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 a video about LEC here. Call us at 1+ (501) 833-8511 or email us for more information.