HYDROGEN FEASIBILITY STUDIES

PRE-FEASIBILITY STUDY

A pre-feasibility study is an initial assessment conducted to determine the potential viability of a project before committing significant resources to a full-scale feasibility study. It is a preliminary high-level evaluation of the project's feasibility to help stakeholders to make informed decisions whether to proceed with a detailed feasibility study. The purpose of a pre-feasibility study is to provide a broad understanding of the project's technical, economic, and financial aspects. It helps identify key opportunities, risks, and challenges.

FEASIBILITY STUDY

A feasibility study is conducted to determine the practicality and the viability of establishing a green hydrogen production project. The purpose of a feasibility study is to evaluate various factors and considerations that impact the success of a green hydrogen production project and develop the scope up to a point where all elements of the scope are accounted for in the business case.

FEASIBILITY STUDY (REVIEW)

Bureau Veritas Solutions acts as an independent party and reviews and validates the results of such (pre)feasibility studies but can also execute (pre)feasibility studies from start to completion. In case a (pre)feasibility study needs to be reviewed an evaluation is conducted to assess the quality, accuracy, and completeness of a feasibility study. The aim is to ensure that the study has been conducted in a rigorous and objective manner, and that its findings and recommendations are reliable and trustworthy. Both (pre)feasibility studies and reviews are performed by qualified independent experts and consultants from Bureau Veritas Solutions and is to ensure that the feasibility study is robust, credible, and provides reliable information for stakeholders to make informed decisions regarding the project's viability and potential implementation.