To meet national and global net-zero goals, investors and developers are turning trash into treasure — converting traditionally pollutive materials into low-carbon solutions. But, as with any emerging sector garnering attention, industry players must climb an uphill battle to prove they can generate long-term value and returns without veering off course. Conducting due diligence on new projects before reaching the development stage can help get low-carbon projects off the ground and prevent them from becoming distressed.
Identifying ways developers can future proof their projects to leapfrog these challenges and successfully bring them to scale comes down to three integral steps before the development stage: selecting the correct technology for the project, conducting a full analysis of feedstocks, and properly implementing an economic and operational analysis of the project development process.