Due Diligence Renewable Energy
Renewable energy, especially biomass, involve high risk technology developments. Technology and processes stem from the petroleum, refining and petrochem industries.
Improved knowledge of technical issues and economics substantially reduces risk. Petro Innovation has the knowledge and experience to provide independent assessment.
Based on our past Experience there are seven essential areas where we can assist:
Essential Areas
- The technology must work – many schemes have been proposed but few are proven.
- Real costs and economics must be well understood.
- Government incentives are available – but awards are competitive so professional help is essential.
- A sound investment plan and realistic project execution plan is essential – experience counts.
- Good investment decision criteria is important – sound decisions rely on sound information.
- The execution plan must provide clear realistic milestones, timelines and schedules.
- Project management to keep the project on track.
