EPC OVERSIGHT, PLANNING, AND MANAGEMENT TO STREAMLINE PLANT DEVELOPMENT
Effective project management often makes the difference between on-time, on-budget and costly delays. Successful project management begins with extensive planning and can depend on projects size, complexity, quality, or completion time and cost.
Last Energy provides a range of EPC oversight, planning, and project management services that streamline plant development and the construction management process. We work closely with local stakeholders to design, build and maintain plants while minimizing the risk of delays and budget overruns.
Pre-construction services can include:
- EPC project management
- Engineering design and stamped drawings
- Environmental approvals
- Site surveying
Construction project management services include:
- Pre & post-construction meetings
- Field progress reports
- Quality assurance inspections during construction
- Contract compliance
Throughout the construction process, our team of local experts will manage quality control and ensure strict adherence to project design, budgets and milestones along with reporting on the progress of development.
COMPREHENSIVE REQUIREMENT SCOPING AND VENDOR IDENTIFICATION
Finding the right vendors can be a complex process as there are hundreds of vendors across the variety of categories that are needed to build a new power plant. We start by outlining the scope and a roadmap for the selection processing, including identifying any time constraints for hard-to-source components.
We break vendor selection down into core categories so we can accurately assess priorities and sourcing constraints to avoid costly or lengthy delays down the road. Categories include but are not limited to, service providers such as engineering and construction partners, manufacturing and equipment providers, and supply chain partners including material and component suppliers.
- Developing functional and technical requirements
- Identifying reputable vendors in each sourcing category
- Coordinating and hosting supplier day events
- Evaluating vendor capabilities, turnaround times and quality of work
- Evaluating supplier products and product quality standards
- Reviewing proposals and offering recommendations
- Providing negotiation guidance
Our process scopes functional requirements and continues through the final contract negotiation process. We help with the identification, evaluation and management of vendors to provide a seamless experience that helps the build process meet all deadlines and milestones.
RISK GRADED AND PERFORMANCE BASED SAFETY CASE DEVELOPMENT
Navigating the licensing and regulatory frameworks for nuclear energy can be a lengthy process. Last Energy partners with local regulatory advisory consulting services to help applicants complete the documentation necessary for the nuclear licensing process.
We rely heavily on technical and environmental best practices to maintain compliance with international regulations and standards including NUREG, ASME, and more. We start by analyzing local license conditions and considerations, working with regulatory agencies to understand the licensable activities necessary for the application. We'll then help build the frameworks for the installation and operation of nuclear reactors.
- Developing governance and organizational structures
- Create a risk-informed approach to safety case submissions
- Waste management & disposal protocols
- Emergency preparedness & response
- Maintenance, inspection and testing schedules
- Decommissioning strategies, plans and programs
In addition to helping organizations obtain their license, Last Energy can help review and secure engineering analysis of various technical areas including reactor core, heat transport systems and the integrity of other components and structures.
RELATIONSHIPS AND CONTRACTUAL FRAMEWORKS TO STRUCTURE NUCLEAR DEVELOPMENT PROJECTS
The cost to develop carbon free energy is one of the most significant hurdles to implementation. Financing infrastructure projects places a significant burden on governments, taxpayers and utility companies and high upfront costs make investments riskier to financiers.
Last Energy works with a variety of institutional financiers, including debt and equity partners, who look beyond project level economics to understand the sustainability and impact of their investments. Best practices around project financing ensure that incentives are aligned among various public or private partners and provides framework for a successful execution across project timeline.
We follow standardized contractual frameworks and project agreements to help efficiently structure and close nuclear development projects worldwide.
- Back-to-back contracts covering all phases of the projects from construction to ramp-up, maintenance and operation.
- Legal contracts assign risk and responsibilities at the outset. Damages and penalties incentivize different parties to keep project on time and within budget.
- Power Purchase Agreements and offtake contracts provides comfort to the lenders and equity holders of the certainty around long-term cash flows.
- Project is structured such that debt is repaid comfortably during term of the concession taking into account various project level metrics.
DETAILED SITE SUITABILITY ASSESSMENT ACROSS ENVIRONMENTAL AND ECOLOGICAL FACTORS
With smaller and more distributed nuclear facilities, site selection can be optimized for a myriad of factors to determine suitability.
Last Energy helps with all aspects of site selection including the planning, development activities, and assembling the best local expertise to ensure efficiency and greater public acceptance. We start by evaluating site criteria such as the land ownership status including tenure, option agreements and exclusivity then work on developing the parcel footprint and any considerations to condense the proposal costs.
Our team of experts conducts a detailed assessment across a variety of environmental and ecological factors to determine if the site is suitable for development. We also assess grid infrastructure and connectivity to determine any geographic limitations for power generation and transportation along with the overall visual impact of the site. Factors included in this assessment are:
- Site meteorology, geology, terrestrial ecology and seismic activity
- Ground conditions such as erosion, coastal impacts, flooding and archeology
- Ease of grid connectivity or if the site poses cost or availability issues
- Site connectivity and if there are any transport impacts or consideration
- Visual impact of the site including noise, dust, oder and lighting considerations
In addition to environmental and infrastructure factors, we'll also help define the planning policy landscape for individual sites to minimize the potential for regulatory delays. This includes the local authority's ability to support the development program with or without a PPA, along with local political & community opinions and undercurrents for nuclear power.