Feasibility studies are essential when considering any renewable energy technology as there are so many variables that change continuously to be considered.
The feasibility study will assess the options that are available to an organisation including the technical aspects of location and physical connection to this site, as well as the commercial considerations, such as capital costs, savings and payback periods.
In addition to this, there is also a requirement to consider other benefits such as Feed in Tariffs (FITs) and renewable heat incentives (RHI), as well as planning considerations and procurement options.
NIFES feasibility studies for renewables generally cover the following technologies:
- Ground Source Heat Pumps
- Biomass Boilers
- Wind (on-site small/micro)
Dependant on the option considered, NIFES reports generally introduce and describe the technology available and consider whether there are any suitable applications for these technologies.
The results of which are produced in a report along with an indicative estimate of the likely savings and costs of such an installation, based on proven, available products.
If the project is viable and investment is considered, then following the feasibility study, NIFES can support the planning process, then design, specify and project manage the installation to completion.