Today, it is much more difficult to justify and to gain regulatory approval for new transmission projects. It is also very challenging to determine an optimal mix of upgrading, replacement and new facilities. Feasibility studies can help you to reach financially and operationally viable plans for changes to your facilities.
At Teshmont we have extensive experience doing feasibility studies for a wide range of projects - both large and small. These studies have helped our clients to make decisions that kept their power transmission systems working at a high degree of efficiency and reliability. Teshmont typically provides their clients with a comparison of options as well as step-by-step evaluations of all proposed projects.
In a typical Feasibility Teshmont will:
Implement a standard Teshmont feasibility study process
Customize the feasibility study process
Incorporate your ideas and input
Conceptualize and research alternative solutions
Assess the condition and reliability of your existing system
Identify the impact of the project on your equipment, facility and the entire power system
Identify and provide unbiased analysis of potential vendors, latest technologies and equipment
Provide cost estimates of the project
Identify advantages and limitations of each option
Prepare a comprehensive report
Present and support feasibility study findings
Benefits you will gain from using Teshmont for Feasibility Studies:
Enhanced decision makers' comprehension of the process & report
Reduced time to complete the feasibility study
Expert opinions of those who have worked on similar projects
Identification of potential risks and limitations inherent in project implementation
Identification of project implementation benefits
Analysis of financial feasibility and compliance with budgetary requirements
Documentation for financing decisions and future reference
Questions and concerns about the project are resolved prior to project implementation
Teshmont has provided feasibility and cost-effectiveness studies for many different types of projects, ranging from the Nelson River Thyristor Valve Upgrade for Manitoba Hydro to the HVDC Hybrid Upgrade Project and Upgrading the System Voltage Level from 220 kV to 330 kV in New Zealand. Please refer to these projects for further information.