Feasibility Studies
A feasibility study aims to objectively and rationally reveal the strengths and weaknesses of a proposed project. Providing analyses that discloses the opportunities and threats present in the natural and regulatory environments, the resources required to carry through with the intended project, and ultimately the prospects for success - in the way that the client measures success. In its simplest terms, the basic criteria to judge project feasibility are the costs required and the value to be attained. Value can be judged in several different ways. The typically most used value is profit, but value can also be evaluated under such other scenarios as benefit to social and environmental justice, advantages to health and well-being, and removing negative environmental association.
A well-designed feasibility study should provide a historical background of the project, a full description of the product, basic accounting statements, details of regulation, operations and management policies, financial data, legal requirements and technical significance. Generally, feasibility studies precede production of an in-depth cost proposal and business plan, technical development and project implementation.
A feasibility study evaluates the project's potential for success; therefore, perceived objectivity is an important factor in the credibility of the study for potential investors and lending institutions. It must therefore be conducted with an objective, unbiased approach to provide information upon which decisions can be based for project development.
Our waste to energy feasibility studies include audits of the waste stream, infrastructure analysis, regulatory scrutiny, and an in-depth study of the physical characteristics of the location of the study. This work is intended to provide enough information to put together a proposal and pro forma for a waste to energy facility to be constructed at that location.
We also conduct feasibility studies for environmental cleanup, which offer several possible solutions to the remediation concerns, as well as indicating the most viable solution and the reasons why it is most viable.