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Economic Feasibility: Conversion of Isle of Man from LPG to NG


Description: Feasibility study, market studies and analyses, financial and project structuring for conversion of the island economy from LPG to natural gas: we conducted a full economic feasibility into the diversification of energy in the Isle of Man, through gas from an offtake from the UK-Ireland gas interconnector and through electricity interconnectors with the UK mainland. We developed a report analysing the market, the availability and cost of supplies, the required investments, the environmental and regulatory issues, and an economic appraisal of the project both from an investor and government viewpoint. We delivered a copy of the project evaluation model developed for this study. We carried out a full market study, including power generation, commercial and residential, including the existing LPG market and the natural gas market in the Isle of Man. We subsequently advised the Manx Government on the financial and project structure. We subsequently managed the conversion of the island from LPG to natural gas usage.

Client: Isle of Man Government, Manx Energy, Calor Gas
Country: 

UK & Isle of Man

Year: 2001
Economic Feasibility: Conversion of Isle of Man from LPG to NG