Energy projects fail before they begin. The problem is the process.
Developers apply the wrong level of rigour at the wrong phase. Too much detail too early kills viable projects. Too little too late kills them at the worst possible moment.
The problem
Project development lives in Excel and consultant heads. No audit trail. No phase gate. Engineering scope changes without updating the financial model. Assumptions made at Concept are never stress-tested. Capital commits to surprises.
The solution
A phase-gated platform that translates engineering scope into a bankable investment case. Every phase has a checklist. Industry cost norms are pre-loaded. Engineering, cost, and financial model run side by side — tightening in precision from Class 5 to Class 1.
6
Phase gates, Concept to FID
±50% → ±5%
Accuracy tightens with each phase
0
Blank fields. Industry norms pre-loaded.
Class 5 Estimate — Concept Phase
indicative — ±50%
"You do not need a detailed model yet. The platform will tell you when you do."
Accuracy
-50% / +100%
Engineering
5–20 hrs
Cost Estimation
3–8 hrs
Financial Modelling
2–8 hrs
Project Management
2–6 hrs
Research
4–12 hrs
Study cost
£5k – £15k
Total duration
1–2 weeks
Output
Go/no-go signal
Engineering Definition
Full benchmark set: cost norms, checklist items and risk benchmarks pre-loaded.
Scope → Cost
Cost Estimation
No cost components yet.
Norms (% of installed CapEx)
%
%
%
Toggle off to use per-item values instead. Indicative defaults shown.
Financial Model
Concept-stage · Enterprise NPV only
Locked until FEED Early
Debt split (%)
This field unlocks at FEED Early. Reason: Debt capacity typically hasn't been resolved before this phase for projects of this type — lenders size debt against a binding offtake and a confirmed connection date, neither of which normally exists pre-FEED.
Tenor (yrs)
This field unlocks at FEED Early. Reason: Tenor typically hasn't been resolved before this phase — it is set against the contracted revenue period, which is not fixed until offtake terms are executed.
Cost of debt (%)
This field unlocks at FEED Early. Reason: Cost of debt typically hasn't been resolved before this phase — pricing is only indicative until lenders have completed technical due diligence on a frozen scope.
Cost of equity (%)
This field unlocks at FEED Early. Reason: Cost of equity typically hasn't been resolved before this phase — sponsors price equity against a Class 2 estimate, not a Class 4/5 estimate.
WACC discounting
This field unlocks at FEED Early. Reason: WACC typically hasn't been resolved before this phase — a blended rate implies a capital structure that is not yet supportable. Enterprise NPV at a single discount rate is the honest measure here.