Gevo, Inc., announced it has engaged Kiewit Energy Group Inc. to lead the Front End Engineering Design (FEED) effort for its Net-Zero 1 Project in Lake Preston, South Dakota. Kiewit Energy Group Inc. is part of Kiewit Corporation, one of the top five contractors in the U.S.
Gevo chose Kiewit Energy Group because of its vast experience in virtually every energy segment. The company has extensive work on energy-transition projects such as biofuel plants, geothermal plants, and solar farms, and has also completed a wide range of projects for large oil-and-gas companies.
Here are some relevant facts about Kiewit and what capabilities the company brings to the Net-Zero 1 Project:
- Kiewit was involved in building the first offshore wind substation project in the U.S.
- Considered one of the leading construction and engineering firms in North America, Kiewit has grown to more than 27,000 dedicated staff and skill craft workers, since its founding in 1884.
- Kiewit is a leader in safety and quality and committed to environmental stewardship.
- Kiewit had revenues of $12.5 billion in 2020 and has extensive experience delivering small-scale projects up to multi-billion-dollar programs.
- The company also has one of the largest and most modern, privately owned equipment fleets in North America.
- Gevo expects Kiewit Energy Group Inc. will fulfill the engineering, procurement, and construction (EPC) role in the project once the FEED phase is complete.
What Is FEED Engineering?
FEED, or Front-End Engineering Design, is an approach to managing a project used to control costs and plan a project thoroughly. This basic engineering focuses on the technical requirements of the project to identify the costs. The idea is to reflect the client’s project-specific requirements to avoid significant and costly changes during the execution phase of the project. FEED usually takes place after a feasibility study but prior to the detailed engineering phase. Kiewit is a good choice for Gevo’s Net-Zero 1 Project because:
- Kiewit is active in markets across the industrial, mining, energy, building and transportation sectors.
- The company is led by experienced managers at all levels, and its LEED®-accredited professionals are trained to achieve green objectives and support green designs.
- The firm has delivered more than 500 energy transition projects in virtually every energy market segment ranging from renewable and alternative fuels to energy storage and carbon capture, to chemical recycling and renewable power.
- With deep expertise in, and an understanding of, the technology necessary to build first-of-its-kind facilities, Kiewit is known for its leadership and ability to deliver complex projects.