"possibility of converting" is correct and usable in written English
You can use it whenever you need to express the idea of converting or transforming something. For example, "We are exploring the possibility of converting this old factory into a museum."
There is also the possibility of converting natural gas to liquid fuels.
The possibility of converting hybrid capital would only go so far.
In Bandar's view, Clinton was a romantic who had become excited by the possibility of converting his Iranian adversary.
"Some people are looking at the possibility of converting all of their money into Roths, but that could be a very large mistake.
Hoping to sweeten the terms of a sale, creditors have discussed the possibility of converting the loans into shareholdings, the spokesman at Woori Bank said.
Con Edison is evaluating the possibility of converting the plant to gas, which is environmentally cleaner, said Chris Olert, a spokesman, though such decisions, he added, take a long time.
To test our hypothesis and to explore the possibilities of converting a naturally "non-functional" methyllysine binding MBT to a "functional" state, we generated a L3MBTL1 Arg467Cys mutant, which in principle should eliminate both the steric hindrance and electrostatic repulsion in MBT3 based on our prediction.
Gebhard and his young wife presented the very real possibility of successfully converting a rich, diplomatically important and strategically placed ecclesiastical territory of a prince-prelate into a dynastic territory that carried with it one of the coveted offices of imperial elector.
The possibility of chemically converting metal silicate nanostructures into new chemical entities offers many options for the synthesis of new functional materials.
The possibility of directly converting non-neuronal cells into neurons in situ in the brain would open therapeutic avenues aimed at repairing the brain after injury or degenerative disease.
Indeed, in addition to the removal of some members and the increase/decrease of the cross section size of the remaining ones, the proposed approach accounts for the possibility to convert some of the elements composing the grid shell structure, generally trusses, into beam elements with the aim of having an optimized solution also with respect to the global buckling behavior.
