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In deciding whether to seek a project developer, the landfill owner should consider economics, technical expertise available to the landfill, and the level of risk the landfill is willing to accept [7]. Economics. Significant capital (upfront) costs are required to design, build, and operate an LFG energy project. In order to determine if the landfill owner has enough capital available, an economic feasibility study is prepared as described in chapter 3. Results of this study are evaluated for capital needs, internal rates of return (IRR), and other financial needs. The landfill owner considers available capital and financing options (e.g., private financing or municipal bonds) to determine if sufficient funding is available or can be obtained. If the landfill chooses to hire a developer, the developer would obtain the funding [7]. Expertise. To develop an LFG energy project, landfill owners will need to interact with partners who have a variety of specialized technical, financial, or legal expertise. One way to improve this interaction is to use a qualified project manager (PM). A qualified PM knows the landfill owner’s operating and financial constraints, has the expertise and authority to direct work on the project, and must be able to make a significant time commitment to managing the project for a long period (often up to two years). Landfill owners might need to seek the expertise of consultants and contractors to design, build, and/or operate these LFG energy projects, especially if they plan to self-develop. A consultant can give landfill owners technical assistance on the design and technical recommendations regarding state and federal regulations and operation of the wellfield and energy project. Contractors can provide advice on how to build the LFG energy project, but their main responsibility is construction of the facility. After construction, a contractor, operation and maintenance (O&M) vendor, or consultant can operate the LFG energy project if the landfill owner decides not to operate the project using landfill personnel [7]. Risk Level. The amount of risk that the landfill owner is willing to accept is an important factor in deciding whether to self-develop the LFG energy project or seek a project developer who will assume much of the risk. Risks involved in LFG energy projects include: 1. Construction: 86PDF Image | Landfill Gas Energy Technologies
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