Avoiding common pitfalls and pratfalls

Journal Article · Thu Mar 01 04:00:00 EST 1990 · Independent Energy; (United States)

OSTI ID:5377054

Chiles, III, J H; Stewart, G D

Success in bringing a project to completion is not always assured. Over the years, the authors have seen many cases where lack of knowledge of what it takes to see a project through to a successful conclusion has left a stream of wasted capital, unfulfilled expectations and genuine voids in electric generating supplies. Ensuring that a project makes its way through the regulatory, legal, financial and construction maze to a successful and money-making operation is a step-by-step process. Not paying sufficient attention to these steps often leads to pitfalls in a non-utility generation (NUG) project. The paper discusses the steps to take from obtaining approvals and permits, negotiating for firm bids on cost items, and obtaining financial assistance. Eight common pitfalls are described.

• OSTI ID: 5377054
• Journal Information: Independent Energy; (United States), Journal Name: Independent Energy; (United States) Vol. 20:3; ISSN XY987; ISSN 1043-7320
• Country of Publication: United States
• Language: English

Related Subjects

20 FOSSIL-FUELED POWER PLANTS
200600* -- Fossil-Fueled Power Plants-- Economic
Industrial
& Business Aspects-- (1990-)
ADMINISTRATIVE PROCEDURES
BIDS
CAPITALIZED COST
CONSTRAINTS
CONSTRUCTION
CONSULTANTS
CONTRACTS
COST
DATA ANALYSIS
ECONOMICS
ELECTRIC UTILITIES
EVALUATION
FINANCING
INSURANCE
LEGAL ASPECTS
NEGOTIATION
OWNERSHIP
PERMIT APPLICATIONS
PERSONNEL
PLANNING
POLLUTION REGULATIONS
POWER GENERATION
PUBLIC UTILITIES
REGULATIONS
ROADS