Sustainability assessment and Techno-economic feasibility studies

Sustainability assessment studies of energy systems

Performance of advanced studies to assess and benchmark the sustainability of a specific energy system in terms of technical, economic, environmental and social indicators using life-cycle approaches (alone or in combination with other methodologies).

Advanced sustainability assessment of energy systems from a life-cycle perspective, which can include:

• Environmental life cycle assessment (estimation of carbon footprints, energy footprints, etc.).

• Life cycle costing (including estimation of external costs).

• Eco-efficiency assessment according to ISO 14045:2012.

• Social life cycle assessment of products.

• Life cycle sustainability assessment, and potential use of multi-criteria decision analysis tools.

Advantages and Innovations

• Use of state-of-the-art approaches to sustainability assessment of energy systems.

• Availability of original life-cycle models and calculation tools.

• Vast background in life cycle assessment of energy systems, which may allow benchmarking studies.

Techno-economic feasibility studies of energy systems

Performance of advanced studies to assess the feasibility of a specific energy system under technical and economic aspects using process simulation and optimisation, and techno-economic analysis tools. Advanced studies on the techno-economic feasibility of energy systems, which can include:

• Economic feasibility analysis (estimation of production costs, net present value, etc.).

• Thermodynamic analysis (exergy analysis).

• Process simulation using well-established software solutions and tailor-made, own simulation models.

Advantages and Innovations

• Use of advanced tools for techno-economic feasibility assessment.

• Availability of original models and calculation tools.

• Vast background in techno-economic assessment of energy systems, which may allow benchmarking studies.