Emerging Energy Technologies
E3 has experience with a wide variety of power projects and technologies. Our team of professionals is thoroughly familiar with the due diligence process involved with reviewing, describing, and quantifying risks associated with the introduction, commercialization, and scale-up of new and emerging technologies.
When E3 is engaged on projects where new technology is being used, we determine whether there is a high probability that the equipment will operate as claimed and assess the likelihood of the project generating a cash stream that will pay back the investors, with interest, and deliver a favorable return on equity.
Beyond that, the review will assess its likelihood of generating a cash stream that will pay back the investors and lenders, and substantially meet the requirements of any supply or off-take contracts. Usually, this means using commercially proven technology whenever possible and ensuring adequate contingencies and alternatives for those elements of the technology that are not proven.
Compressed Air Energy Storage:
APEX CAES: E3 is currently serving as independent engineer on 317 MW CAES facility to be built in Texas, the first CAES system to be built in the U.S. since the Power South facility was built in 1991. E3’s review is focused on technical and environmental aspects of the Project, including primary agreements and technical assumptions in the financial projections.