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What would be your recommendation for this project approach

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Reference no: EM133094413

Question - A company is looking at 4 mutually exclusive approaches to their new engineering project. 

- Project approach 1 uses green hydrogen for fuel  and has an NPV of $3,000,000.

- Project approach 2 uses conventional natural gas for fuel and has an NPV of $4,000,000

- Project approach 3 uses biomass for fuel and has an NPV of -2,000,000.

- Project approach 4 uses water driven turbines for fuel and has an NPV of $1,000,000

What would be your recommendation for this project approach?

Reference no: EM133094413

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