ESI engineers are industry experts when it comes to conducting project study and feasibility analysis. We use standardized guidelines with strict variances to ensure a reliable and detailed analysis of whatever project study you may be interested in.
Because we are experts in the steam and power industry, and we are focused on the development of projects, we can quickly filter through options that won’t meet your company’s necessary return on investment. Therefore, we are able to better spend our time on options which will offer a credible return. Our typical Study involves analyzing a client’s current situation, brainstorming possible scenarios which will most benefit the client, determining budgetary capital and operating costs, and performing a life cycle analysis which will typically include operating costs, financing costs, depreciation, and tax effects. We use this analysis to narrow the field and select the appropriate options which will offer the client the best return on investment. Then we typically refine our analysis of the selected options capital and operating costs and run the life cycle analysis again to make sure that the project is viable for funding.
Our classic study and feasibility analysis includes the technical and economic evaluation of:
-New or existing Steam Generation Systems
-New or existing Power Generation Systems
-Material Handling Systems
-Water Treatment Systems
-Instrumentation and Controls
-Environmental Compliance including NSPS, MACT, Title 5 Standards Compliance
-Carbon Burn-out Systems
-First-of-a-kind Systems utilizing new technology, plant opportunity fuels, etc.
If your plant situation has recently changed due to higher fuel or power costs, or if you are being mandated to comply with recent environmental regulations, ESI can perform a low cost engineering study to assist in the evaluation of your options and determine the best path forward. To request additional information or contact us about conducting an engineering study and feasibility analysis, please click here.