Our services
As a boutique consultancy, we specialise in project support services tailored to the needs of innovative infrastructure developers. The industries we have worked the most are shipbuilding, process industry and energy. Below we describe two types of tasks we help our customers with. Project design covers tasks we perform to adjust or review projects. The soft funding services cover tasks where we take a project design from a customer, and help them obtain soft funding.
Worked for several of Europe’s largest shipping companies
Project design
Our focus is infrastructure project support in an early phase, where you are trying to design a project based on a combination of technology evaluation, cost estimates, revenue estimates and more. We use methods where we calculate this bottom-up, where possible from first principles, based on information such as market data, energy efficiencies, carbon taxation regulation, and much more. Most of our experience in this area is in the chemicals and fuel industry, but many of the methods we have developed are applicable to related industries.
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Working with project design and development you experience that numbers from suppliers and third-party reports is not always equally accurate. We have a variety of approaches for a sanity check on claims, including a triangulation approach combining reports, a study of the supplier and first principle based analysis.
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OPEX is often easier to calculate than CAPEX, as it can be derived from market data. The one notable exception is electricity OPEX, where we offer a separate analytics tool. For CAPEX we work with the customer to get broad approximation, including sanity checks on early phase estimates.
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In cases where you do not have a mature market for the product, or the market price is heavily influenced by carbon taxation schemes, we help calculate the prospected revenue. This is done through combing compliance cost calculations with information on competing solutions and available market data.
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In projects within process industries, there is often much to be gained to control the electricity use of the processes. We offer advanced analytics that lets you calculate the benefit of the various incentives to reduce electricity consumption.
Soft funding
Many large infrastructure qualify for soft funding, such as the ETS credit taxes that are redistributed through the Innovation Fund. The documentation needed for these grant processes are often substantial, with the Innovation Fund expecting several hundred pages of text. Even the largest companies often do not have this function in-house. We have a very high accept rate in competitive funding programs with 10+ accepted grants from Horizon and Innovation Fund in recent years, with typically 2-3 attempts per year by one team with two people.
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A foundation for a successful outcome is to design and choose processes that make a successful outcome likely. We develop grant match plans for our customers, matching their innovation interests and available funding schemes.
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We have a proven methodology where we base the applications on available text (from the customer or other sources) and interviews by the customer. Our customers do not need to produce new text, unlike what is the case with many other consultancy firms.
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We help support the Grant Agreement Process. Both developing the documentation produced for Innovation Fund or Horizon, and assistance in consortium agreements (where applicable). We have substantial experience in EU grant processes, including more advanced cases like combination of Innovation Fund and Horizon grants, or national and EU grants.
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For customers that do not want to manage their own project, we support the reporting and other project management tasks for EU projects. This can be ad hoc support where we are needed, or managing the project on behalf of the customer.
