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Market Assessment and Feasibility Studies |
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The past few years have seen tremendous growth in energy efficient and sustainable building products and systems. Enermodal applies its experience in the building industry to assess the technical feasibility and market potential of new products. These studies are used by manufacturers, governments and utilities to determine investment and support strategies.
Enermodal market assessments comprise three tasks. First, we apply our understanding of buildings to determine the technical feasibility of a product. That is, we identify the percentage of the market that is an appropriate application for the product (e.g., climate, building type). Second, we assess the economic viability of the product by comparing the cost to the expected benefit or savings, using detailed
simulation models to predict the expected savings. The product cost/benefit is compared with market acceptance curves to determine economic feasibility. Finally, we establish the expected market for the product by adjusting the total market for the technical and economic limitations and the market acceptance of the product. The analysis can take into account fluctuating energy prices, effects of regulations and environmental incentives.
Enermodal developed this methodology ten years ago and has applied it in studies for the World Bank,
United Nations Environment Program, International Energy Agency and numerous private sector clients.
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Enermodal assessed the global market potential for solar power plants
for the World Bank |
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