Your project will live or die by the economics. It is not by coincidence that this is the first section that must be addressed in the Feasibility Study. All too often, we get wrapped up in the tech, and focus on the tech driving the success of the project. Recall, bioenergy systems are perceived by stakeholders to be complex, and complexity often means “expensive” especially to those unfamiliar with biotech.
Sustainability initiatives are also often significant drivers of bioenergy projects. Many of our customers come to bioenergy systems because of the economics associated with the disposal of organic wastes; however, others come to bioenergy systems because of needs to satisfy the expectations of their customers and stakeholders relative to renewable energy, emissions control, and natural resource stewardship. No matter the reason, the economic case must be clearly articulated and proven.
