Glossary
Scenario planning
Scenario planning is a method for preparing a strategy against several plausible futures rather than a single forecast.
Glossary · Strategy term
Pre-feasibility study
A plain definition, why it matters, how strategy1 uses it, and answers to the questions people ask most.
Definition
What is a pre-feasibility study?
A pre-feasibility study is an early assessment of whether a project, such as a power plant, a factory or a real-estate development, is worth studying in full. It compares options for site, size, technology, cost and revenue at a high level, and screens out weak options before a detailed, bankable feasibility study is commissioned.
Also called: pre-feasibility blueprint, prefeasibility study.
Explained in full on Asset / project blueprint.
Context
Why it matters
Full feasibility studies are slow and expensive. A pre-feasibility study tells developers and investors which option deserves that spend, and which risks, such as land, grid access or permits, need answering first.
In practice
How strategy1 uses it
strategy1 produces pre-feasibility blueprints through AssetEngine, energy first: what the asset should look like, what it will cost and whether it stands up. A blueprint is not bankable engineering; yield simulation, grid studies, geotechnical surveys and protection design still need licensed engineers.
FAQ
Pre-feasibility study: common questions
How is a pre-feasibility study different from a feasibility study?
A pre-feasibility study screens options at a high level to decide whether a project is worth detailed study. A feasibility study, often called bankable, goes into the engineering, cost and financing detail that lenders and investors need before committing.
Can a pre-feasibility study be used to raise project finance?
Usually not on its own. Lenders typically need bankable engineering, including yield simulation, grid studies, geotechnical surveys and protection design by licensed engineers. A pre-feasibility study decides which option deserves that work.
What does an energy project pre-feasibility study cover?
Typically the site, capacity sizing, technology options, grid connection, indicative capital and operating cost, revenue or tariff assumptions, and the main land and permitting risks, at a level of accuracy suited to choosing between options.
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