FEASIBILITY STUDY OF ENERGY PROJECTS
RENOVETEC feasibility studies for industrial projects related to the generation of electricity and heat. In such studies, analyzes RENOVETEC technological solutions, the optimal configuration of the plant, the investment costs, operating costs, income and financial parameters of the different investment.
Among the projects RENOVETEC analyzes and include:
- Cogeneration plants
- Plant biomass
- Solar thermal power plants of different technologies
- Power units and mini-hydro
RENOVETEC service includes:
1. - Introduction: This section reflects the starting point, and an overview of the project.
2. - Reference standards
3. - Estimated production data, depending on the technology they are different
4. Determination of the proposed technology and configuration. Many projects accept different configurations and technological solutions, but only one of them has the best results.
5. - Study the site and local conditions
6. - Economic Budget, which includes the following subsections:
- Estimation of investment
- Estimate of costs of fuel and supplies
- Estimate of costs of operation and maintenance
7. - Financial results, including:
- Projected cash flow
- Accounts of projected income and expenses
- Calculate IRR, NPV, Payback, etc..
RENOVETEC is a company accredited by different entities, and has participated in projects led by the most prestigious companies worldwide. He has participated in projects funded by the World Bank, African Development Bank, and various global financial institutions.
WHAT IS A FEASIBILITY STUDY?
A feasibility study involves the collection, analysis and evaluation of different types of information for the purpose of determining whether or not to establish a business that involves economic risks.
The feasibility study also useful to evaluate the possible extension or expansion of an existing business. Overall, feasibility studies seek to answer the question whether it is desirable to establish or expand a company based economic performance would be obtained from it. Almost always the study is a team effort involving technical and financial specialists, among others, but which necessarily must include the employer or proponent of the company.
The truth is that this effort takes time and costs money, but it is essential if one considers that avoids investing more time and effort in an initiative with little chance of success. The feasibility study is the most critical step before converting a business idea into reality and invest a significant amount of money.
PURPOSE OF THE STUDY
The basic purpose of a feasibility study is to demonstrate the viability of the business to investors, owners and financial institutions and estimate the potential economic gain or performance of a business initiative.
The study formalizes, documents and validates the proposed business idea, reducing the risk associated with making an investment decision. We must clarify that the feasibility study, however, is not a guarantee of success. The study must be conducted in an objective to fulfill its purpose. The truth is that, ultimately, the feasibility study will be more important for the entrepreneur to the bank. This is so because in practice, a well-capitalized and with good collateral is usually financed by the bank but not adequately document its feasibility.
RELATIONSHIP BETWEEN THE FEASIBILITY STUDY AND BUSINESS PLAN
Information collected through the feasibility study will be key to the development of the business plan of the company. The truth is that the business plan is nourished by the feasibility study. In preparing the feasibility study, in essence, will have collected the majority of the information necessary to present your business plan to the financial institution. It is also true that in the case of micro enterprise business plan serves as both business viability analysis.