The first step in determining to move forward with a renewable energy project is to undertake a feasibility study. New Energy Corporation Inc. provides services to undertake feasibility studies for both traditional and in-stream hydroelectric projects.
For both technologies, the company evaluates the potential energy to be generated, the path to regulatory approval and the overall cost to undertake the project. Generally speaking, in-stream hydroelectric equipment such as the EnCurrent Power Generation System complements traditional hydroelectric equipment in that they operate in different flow and head regimes. In-stream equipment is for use where there is up to 1.4 meters of head. Projects which have more than 1.4 meters of head are best served with traditional hydroelectric equipment.
For in-stream projects, an initial assessment of the potential energy available can be determined by using the Electricity Generation Calculator. The calculator takes into account the different sizes of equipment provided by New Energy Corporation Inc. and the flow regime of the potential installation.