Feasibility Studies

Feasibility studies are a crucial component of the planning process for any organization considering the significant investment of system improvements, facility upgrades, or facility development. Properly conducted, the feasibility study helps create the conditions for a successful project by carefully assessing all aspects including: scope, cost, risk, benefits, economics, and alternative project options. To increase the likelihood of a successful project, IEC works with clients to conduct technical and financial feasibility studies to determine the viability of the upgrades or new facilities and/or establish the best alternatives.

IEC is well-equipped to conduct these types of studies for our clients based on our experience with both feasibility studies and the technical implementation of a wide variety of power projects.

Typical Activities

• Resource Assessments
• Technology Evaluations
• Due Diligence & Economic Evaluation
• Cost & Risk Analyses
• Siting Studies
• Conceptual Design