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logo
  • Home
    • Project
      • – Summary
      • – Tools
      • – NPA programme
    • Partners
      • – Environmental Research Institute – North Highland College (ERI-UHI)
      • – The Highland Council
      • – Action Renewables
      • – University of the Faroe Islands
      • – Lappeenranta University of Technology, Mikkeli
      • – National University of Ireland Galway
      • – Icelandic New Energy
      • – Aran Islands Energy Co-op
    • Associate Partners
    • Contact
  • TEA Tool
    • Cashflow Analytics Tool
    • H2 Hotspot Map
    • Supply Chain Model
  • HUB Tool
    • Ecosystem Mapping Tool
    • HUB Model
    • Reports
  • E-learning
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    • Ireland
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  • H2 Solutions
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    • Housing Solutions
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    • H2 Forum
    • Blog
      • – Faroe Islands
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      • – Scotland & Northern Ireland
    • Downloads
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logo
  • Home
    • Project
      • – Summary
      • – Tools
      • – NPA programme
    • Partners
      • – Environmental Research Institute – North Highland College (ERI-UHI)
      • – The Highland Council
      • – Action Renewables
      • – University of the Faroe Islands
      • – Lappeenranta University of Technology, Mikkeli
      • – National University of Ireland Galway
      • – Icelandic New Energy
      • – Aran Islands Energy Co-op
    • Associate Partners
    • Contact
  • TEA Tool
    • Cashflow Analytics Tool
    • H2 Hotspot Map
    • Supply Chain Model
  • HUB Tool
    • Ecosystem Mapping Tool
    • HUB Model
    • Reports
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      • – Faroe Islands
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      • – Ireland
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    • Downloads
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logo
  • Home
    • Project
      • – Summary
      • – Tools
      • – NPA programme
    • Partners
      • – Environmental Research Institute – North Highland College (ERI-UHI)
      • – The Highland Council
      • – Action Renewables
      • – University of the Faroe Islands
      • – Lappeenranta University of Technology, Mikkeli
      • – National University of Ireland Galway
      • – Icelandic New Energy
      • – Aran Islands Energy Co-op
    • Associate Partners
    • Contact
  • TEA Tool
    • Cashflow Analytics Tool
    • H2 Hotspot Map
    • Supply Chain Model
  • HUB Tool
    • Ecosystem Mapping Tool
    • HUB Model
    • Reports
  • E-learning
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      • – Training Courses
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    • Ireland
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    • Faroe Islands
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  • H2 Solutions
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    • Housing Solutions
    • Public Infrastructure
    • H2 Forum
    • Blog
      • – Faroe Islands
      • – Finland
      • – Iceland
      • – Ireland
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    • Downloads
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logo
  • Home
    • Project
      • – Summary
      • – Tools
      • – NPA programme
    • Partners
      • – Environmental Research Institute – North Highland College (ERI-UHI)
      • – The Highland Council
      • – Action Renewables
      • – University of the Faroe Islands
      • – Lappeenranta University of Technology, Mikkeli
      • – National University of Ireland Galway
      • – Icelandic New Energy
      • – Aran Islands Energy Co-op
    • Associate Partners
    • Contact
  • TEA Tool
    • Cashflow Analytics Tool
    • H2 Hotspot Map
    • Supply Chain Model
  • HUB Tool
    • Ecosystem Mapping Tool
    • HUB Model
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logo
  • Home
    • Project
      • – Summary
      • – Tools
      • – NPA programme
    • Partners
      • – Environmental Research Institute – North Highland College (ERI-UHI)
      • – The Highland Council
      • – Action Renewables
      • – University of the Faroe Islands
      • – Lappeenranta University of Technology, Mikkeli
      • – National University of Ireland Galway
      • – Icelandic New Energy
      • – Aran Islands Energy Co-op
    • Associate Partners
    • Contact
  • TEA Tool
    • Cashflow Analytics Tool
    • H2 Hotspot Map
    • Supply Chain Model
  • HUB Tool
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  • Home
    • Project
      • – Summary
      • – Tools
      • – NPA programme
    • Partners
      • – Environmental Research Institute – North Highland College (ERI-UHI)
      • – The Highland Council
      • – Action Renewables
      • – University of the Faroe Islands
      • – Lappeenranta University of Technology, Mikkeli
      • – National University of Ireland Galway
      • – Icelandic New Energy
      • – Aran Islands Energy Co-op
    • Associate Partners
    • Contact
  • TEA Tool
    • Cashflow Analytics Tool
    • H2 Hotspot Map
    • Supply Chain Model
  • HUB Tool
    • Ecosystem Mapping Tool
    • HUB Model
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TEA Tool

Techno-Economic Assessment (TEA) Tool

The Techno-Economic Assessment Tool has been developed in such a way as to be a high-level tool to help shape your understanding of embarking upon a Hydrogen project. The tools are high-level and meant to be used in a comparative manner – not as an absolute final word in making decisions. 

Cash Flow Analytics Tool

The Cash Flow Analytics Tool, in particular, should be treated as such. This tool is only as useful as the data input into it. Therefore, it is felt that the best way to make use of it is to use it to compare different scenarios. One scenario should be used as a baseline and then others will see changes made allowing for a change in the output. In other words, it can be used to see what kind of impact making changes to different aspects of a planned project can make to the long term financial viability. For example, if you change one aspect of your financing such as the method of payment from a single capital expenditure to a loan with interest on repayments, the timeline of repayment is likely to extend.
Cash Flow Analytics Tool

Supply Chain Comparison Matrix

The Supply Chain Comparison Matrix should also be used comparatively and it should be recognised that many of the answers are subjective and based on educated opinion. But again the real value is in using the tool in a comparative fashion. This will allow you to make tweaks and adjustments to the project plan and get a sense of how these will impact the outcomes.
For this Finnish case study we have used the specific case study example as a baseline and then made tweaks to that as set out in the descriptions to see what impact, if any, could occur from these changes and whether they may make the project more or less affordable, or the supply chain more or less sustainable. Several assumptions, predictions and suppositions have been used to find figures to feed into the model.
Supply Chain Comparison Matrix
Once again, the tools should only be considered as an indicative suggestion and, if a positive outcome is suggested, then a full feasibility study should be considered.

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HUGE is a three year project (2019-2022) that aims to provide communities with energy security and self-sufficiency through facilitating uptake of hydrogen utilisation in the Northern Periphery and Arctic region. 
      
Environmental Research Institute; The North Highland College; UHI KW14 7EE, Thurso; Scotland.
 info@huge-project.eu

 
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