RENEWABLES
Transition, engineered.
A renewable project is decided by resource, connection and contracted revenue. Where any of the three is absent, the project is not viable regardless of its merit.
Capability
Transition, engineered.
Resource Assessment
Measured resource data over a period sufficient for lenders to rely on, not modelled estimates alone.
Site and Land
Land control, ground conditions, access and constraints established before development spend.
Grid Connection
Connection capacity, timetable and cost, which is the most common point of failure.
Offtake
Power purchase or equivalent contracted revenue at a tenor and counterparty quality that supports financing.
Integration
Intermittency addressed through storage, dispatchable backup or grid services rather than left to the network.
What a credible project brief includes
- Location and site control
- Load or supply volume required
- Grid or offtake position
- Permitting status
- Fuel or resource availability
- Financing position
- Required date
DISCLAIMER
Energy projects and supply are subject to technical feasibility, licences, permits, environmental requirements, sanctions, financing, contracting and market conditions. No project is represented as committed before formal approval.
Energy projects and supply are subject to technical feasibility, licences, permits, environmental requirements, sanctions, financing, contracting and market conditions. No project is represented as committed before formal approval.
Site, load, connection.
A project without those established is assessed as a concept.