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HomeMy WebLinkAboutOuzinkie and Port Lions School Biomass Heating Final Report Coffman 08-23-2016-BIO Feasibility Assessment for Biomass Heating Systems Ouzinkie & Port Lions Schools 800 F Street, Anchorage, AK 99501 p (907) 276-6664 f (907) 276-5042 David Nicolai, PE Lee Bolling, PE FINAL REPORT – 8/23/2016 Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. i Contents I. Executive Summary ............................................................................................................ 1 II. Introduction ...................................................................................................................... 2 III. Preliminary Site Investigation ........................................................................................... 4 COMMUNITY MEETING ................................................................................................................................................... 4 BUILDING DESCRIPTIONS ................................................................................................................................................. 4 EXISTING HEATING SYSTEM .............................................................................................................................................. 4 DOMESTIC HOT WATER................................................................................................................................................... 5 AIR HANDLING SYSTEM ................................................................................................................................................... 6 BUILDING ENVELOPE ....................................................................................................................................................... 6 AVAILABLE SPACE ........................................................................................................................................................... 6 STREET ACCESS AND FUEL STORAGE ................................................................................................................................... 8 BUILDING OR SITE CONSTRAINTS ....................................................................................................................................... 9 BIOMASS SYSTEM INTEGRATION ........................................................................................................................................ 9 BIOMASS SYSTEM OPTIONS .............................................................................................................................................. 9 IV. Energy Consumption and Costs ....................................................................................... 11 ENERGY COSTS ............................................................................................................................................................ 11 WOOD ENERGY ........................................................................................................................................................... 11 CORD WOOD .............................................................................................................................................................. 11 WOOD PELLETS ........................................................................................................................................................... 11 HEATING OIL ............................................................................................................................................................... 12 ELECTRICITY ................................................................................................................................................................ 12 EXISTING FUEL OIL CONSUMPTION .................................................................................................................................. 13 BIOMASS SYSTEM CONSUMPTION ................................................................................................................................... 13 V. Preliminary Cost Estimating ............................................................................................. 14 VI. Economic Analysis .......................................................................................................... 16 O&M COSTS .............................................................................................................................................................. 16 DEFINITIONS................................................................................................................................................................ 16 RESULTS ..................................................................................................................................................................... 18 SENSITIVITY ANALYSIS ................................................................................................................................................... 19 VII. Forest Resource and Fuel Availability Assessments ........................................................ 20 AIR QUALITY PERMITTING .............................................................................................................................................. 20 VIII. General Biomass Technology Information ..................................................................... 21 HEATING WITH WOOD FUEL ........................................................................................................................................... 21 TYPES OF WOOD FUEL .................................................................................................................................................. 21 HIGH EFFICIENCY WOOD PELLET BOILERS ......................................................................................................................... 22 HIGH EFFICIENCY CORDWOOD BOILERS ............................................................................................................................ 22 LOW EFFICIENCY CORDWOOD BOILERS ............................................................................................................................. 22 HIGH EFFICIENCY WOOD STOVES .................................................................................................................................... 23 BULK FUEL BOILERS ...................................................................................................................................................... 23 GRANTS ..................................................................................................................................................................... 23 Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. ii Appendices Appendix A – Site Photos Appendix B – Economic Analysis Spreadsheets Appendix C – AWEDTG Field Data Sheets Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. iii Abbreviations ACF Accumulated Cash Flow ASHRAE American Society of Heating, Refrigerating, and Air-Conditioning Engineers AEA Alaska Energy Authority AFUE Annual Fuel Utilization Efficiency B/C Benefit / Cost Ratio BTU British Thermal Unit BTUH BTU per hour CCF One Hundred Cubic Feet CEI Coffman Engineers, Inc. CFM Cubic Feet per Minute Eff Efficiency F Fahrenheit ft Feet GPM Gallons Per Minute HP Horsepower HVAC Heating, Ventilating, and Air-Conditioning in Inch(es) kWh Kilowatt-Hour lb(s) Pound(s) MBH Thousand BTUs per Hour O&M Operations and Maintenance MMBTU One Million BTUs PC Project Cost R R-Value SF Square Feet, Supply Fan TEMP Temperature V Volts W Watts Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. iv List of Figures Figure 1 – Ouzinkie and Port Lions, Alaska – Google Maps .......................................................................... 2 Figure 2 – Ouzinkie School – Bing Maps ....................................................................................................... 2 Figure 3 – Port Lions School – Google Maps ................................................................................................. 3 Figure 4 – Ouzinkie Proposed Site Layout..................................................................................................... 7 Figure 5 – Ouzinkie Panorama – Location Relative to School ....................................................................... 7 Figure 6 – Port Lions Proposed Site Layout .................................................................................................. 8 Figure 7 – Garn WHS-3200 Wood Boiler ....................................................................................................... 9 List of Tables Table 1 – Executive Summary ....................................................................................................................... 1 Table 2 – Energy Comparison ..................................................................................................................... 11 Table 3 – Existing Fuel Oil Consumption ..................................................................................................... 13 Table 4 – Proposed Biomass System Fuel Consumption ............................................................................ 13 Table 5 – Estimate of Probable Cost for Each School ................................................................................. 15 Table 6 – Discount and Escalation rates ..................................................................................................... 16 Table 7 – Economic Definitions ................................................................................................................... 17 Table 8 – Economic Analysis Results ........................................................................................................... 18 Table 9 – Sensitivity Analysis – Ouzinkie ..................................................................................................... 19 Table 10 – Sensitivity Analysis – Port Lions ................................................................................................ 19 Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 1 I. Executive Summary A preliminary feasibility assessment was completed to determine the technical and economic viability of biomass heating systems at two schools for the Kodiak Island Borough School District (KIBSD), one located in Ouzinkie and the second located in Port Lions, Alaska. The study evaluated a Garn style cordwood boiler system that would supply the majority of heat to the schools. The high price of fuel oil is the main economic driver for the use of lower cost biomass heating. The proposed wood boilers would be located in detached modules and heating pipes would connect to a new heat exchanger in the school’s mechanical room. The existing heating oil boiler would still supplement heat in the schools during colder days during the heating season. The proposed wood boilers are economically justified at this time, due to the fact that the benefit to cost ratio of each project is greater than 1.0. Over a 20-year period, the heating oil savings from these projects will more than pay for the capital cost of building the Garn system and the costs associated with operations and maintenance and buying cordwood. An additional benefit is that the money used to purchase cordwood will stay in the local community, which can create local job opportunities. The summary of the results of the economic evaluation are shown in the table below. Table 1 – Executive Summary Item Ouzinkie School Port Lions School Project Capital Cost ($392,000) ($392,000) Present Value of Project Benefits (20-year life) $769,269 $756,579 Present Value of Operating Costs (20-year life) ($303,672) ($344,756) Benefit / Cost Ratio of Project (20-year life) 1.19 1.05 Net Present Value (20-year life) $73,597 $19,823 Year Cash Flow is Net Positive First Year First Year Payback Period (Year Accumulated Cash Flow > Project Capital Cost) 18 years 20 years If KIBSD wishes to further pursue these projects, the next step is to complete a schematic level engineering design and detailed cost estimate of the project. An updated economic analysis can be completed and KIBSD can then decide if it is in its best interest to pursue funding to continue to final design and construction. Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 2 II. Introduction A preliminary feasibility assessment was completed to determine the technical and economic viability of biomass heating systems for the Ouzinkie School in Ouzinkie, Alaska and the Port Lions School in Port Lions, Alaska. The location of the buildings is shown in Figures 1, 2 and 3. Figure 1 – Ouzinkie and Port Lions, Alaska – Google Maps Figure 2 – Ouzinkie School – Bing Maps Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 3 Figure 3 – Port Lions School – Google Maps Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 4 III. Preliminary Site Investigation Community Meeting Coffman attempted to coordinate a community meeting, however, community members were not available to meet during the site visit. While onsite, Coffman met with the facility maintenance managers at each school and discussed the biomass and energy efficiency opportunities at their building. Building Descriptions Ouzinkie The school in Ouzinkie is a 16,900 sf facility that shows three distinct phases of construction. The oldest section is the center section of the building that was part of the original school in Ouzinkie. An Alaska Coastal Management Program map from 1981 shows the gym wing as completed, and in 2008, an aerial photo shows the gym wing and office/classroom wing as existing construction. The school is used 6 days a week during the school year, with an occupancy schedule of approximately 6am to 9pm. During the summer, it is used once a week for community gym night. Approximately 20 students attend the school, which is staffed by approximately 5 personnel. Energy Audits of Alaska was performing work in the region immediately prior to the site visit by Coffman staff and may have performed an energy audit on the Ouzinkie school. Port Lions Port Lions School is a 21,617 sf building built in 1988. The school is used 6 days a week during the school year from approximately 6am to 9pm, and once a week during the summer for community gym night. The 2016-17 school year will have 14 students with 5 teachers/staff. Energy Audits of Alaska was conducting energy audits in town prior to the site visit by Coffman staff, and it is our understanding they performed an energy audit on the school. Existing Heating System Ouzinkie Ouzinkie school is heated by two Weil McLain 580 boilers (3.75GPH input, 515MBH I=B=R output) that were installed in 2008. The boilers deliver heating glycol to the school to address all heating requirements, such as:  Heating coils in 7 air handling units  Perimeter baseboard throughout classrooms, offices, and library  Indirect hot water heaters  Unit heaters in the gym and kitchen storage The boiler and central pumps are located in the boiler room, which has three exterior walls. The systems run in a primary-secondary arrangement, with the secondary loop serving the entire building. Piping is routed through the crawlspace and through the ceiling plenums. The combustion efficiency of the boilers is approximately 88%. For this study, the Annual Fuel Utilization Efficiency of the boiler system is estimated at 75% to account for typical oil boiler inefficiencies, including short cycling. Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 5 There is routine maintenance performed by KIBSD staff working out of Kodiak city. The boiler is in good working order and was operating at the time of inspection. A 5,200-gallon aboveground fuel tank is provided at the facility and provides oil for the emergency generator as well. Port Lions The school in Port Lions is heated with two Weil McLain BL876WS boilers, rated for 4.9GPH each (552MBH I=B=R output). They appear to be original construction to the building and are piped in primary-secondary loops. A heating glycol system is used at the building and is connected to the following equipment:  Heating coils in 3 air handling units  Perimeter baseboard throughout the classrooms, offices, library, and multipurpose room  Unit heaters in the gym and support spaces Boilers, circulation pumps, and other central equipment are located in the basement-level boiler room, which has one exterior wall. All building heating piping is routed through the crawlspace and the ceiling plenums. The combustion efficiency of the boilers is approximately 88%; however, in this study we used the Annual Fuel Utilization Efficiency of 75% to account for typical oil boiler inefficiencies, such as short cycling. Regular maintenance is performed by KIBSD staff working and living in the village of Port Lions. The boiler was in good working order and was in summer shutoff during the inspection. The school is provided with a 1,100-gallon underground fuel tank. It supplies the boilers, an emergency generator, and two oil-fired domestic water heaters. It is reported that the fuel tank is small for the size of the school and requires frequent filling form the port tank farm. Domestic Hot Water Ouzinkie Domestic hot water is provided through indirect hot water heaters and is used for showers, hand washing, and in the kitchen. The office wing and kitchen is provided with an Amtrol WH-9LDW for water heating, with a capacity of 26 gallons. The central, original construction and the gym wing are provided with two Amtrol WH-7L Double Wall heaters, with 41 gallons each. Heating is provided from the building heating glycol system. Port Lions The school’s domestic hot water is provided through two oil-fired hot water heaters and is used for showers, hand washing, and in the kitchen. Two A.O. Smith COF-199-850 water heaters are provided with a capacity of 86 gallons and an input rating of 199,000 BTUH. They each have a recovery capacity of 191 gallons per hour at a 100°F rise. Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 6 Air Handling System Ouzinkie A total of 7 air handling units (AHUs) and one Makeup Air Unit (MAU) serves the Ouzinkie school with fresh heated air. One air handling unit serves the gymnasium, the makeup air unit serves the shop spaces, and the rest of the AHUs serve the classrooms, offices, and the library. One AHU was not accessible (under the library) because the access door latch was not functioning. Port Lions Port Lions school is provided with three AHUs to supply heated fresh air. AHU-1 serves the classrooms, AHU-2 serves the shop spaces, and AHU-3 serves the gymnasium. Exhaust fans provide ventilation for shop equipment and restrooms. Building Envelope Ouzinkie Each phase of construction utilizes 2x6 stud wall construction with a typical R-19 batt insulation. It is estimated that the roof construction consists of R-30 insulation, typical to buildings of this era and type. Roofing in all parts of the school is now a built-up hot roof system. There are windows provided throughout the school that all appear to be of the same age, and are all double-paned glazing. Arctic entries are provided at the main front entry only. The boiler room access is through a set of double doors without a mullion. Drawings were not available to us except for a fire exit plan. Port Lions The school at Port Lions is a 2x6 stud wall construction and steel framing with a typical R-19 batt insulation. The roof construction is metal, sloped, cold roof with an unknown amount of insulation, which is estimated to provide an R-30 construction, typical to buildings of this era and type. Windows are provided throughout the building and are double-paned, low-e glazing. Arctic entries are provided at every entrance except for the shops and the boiler room. Available Space Ouzinkie No available space inside the building can be used for biomass boilers. There is ample space on the site for the installation of an outbuilding for biomass boilers and for wood storage. The space is directly across the building boiler room, over an access road for the school. Piping can be routed aboveground or belowground directly into the boiler room. See the photos below. Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 7 Figure 4 – Ouzinkie Proposed Site Layout Figure 5 – Ouzinkie Panorama – Location Relative to School Location of Proposed Biomass Building 5,200 Gal Aboveground Fuel Oil Tank 5,200 Gal Aboveground Fuel Oil Tank Location of Proposed Biomass Building Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 8 Port Lions There is no space inside of the school building for a biomass system, so a new detached building will be needed to house a biomass boiler system. Space is limited outside the building for a new biomass building. The area around the school is heavily wooded, and is built on the slope of a hill. The only remaining area that can be easily accessed is the east side of the school. Figure 6 – Port Lions Proposed Site Layout The proposed location sits across the gymnasium, over an access road looping the school. Piping from the proposed building would route aboveground or underground into the gymnasium, through ceiling plenums, to the boiler room and the rest of the school. Street Access and Fuel Storage Ouzinkie The site at Ouzinkie is on a hill, in a heavily wooded section, with gravel road access and a gravel clearing at the site. A gravel access road loops the building. There is ample space in the gravel clearing to the northwest for a biomass building and for cordwood storage, which would likely require sheds or shelters to allow for appropriate seasoning of wood. Port Lions Port Lions school is located on a hill, with gravel access roads and gravel clearings. There is a gravel access road looping the school. Space for wood boilers is located to the east of the building in a clearing. There Location of Proposed Biomass Building Gymnasium Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 9 is space available for both a biomass building and for sheds or shelters for cordwood to allow for seasoning. Building or Site constraints Ouzinkie and Port Lions Both sites are slightly sloping and have no wetlands or signs of historic structures. Both schools have a gravel clearing available for use for biomass buildings and storage. Biomass System Integration Integration for both schools will be the same. Even though the existing hydronic systems are set to operate at high temperatures (180°F heating glycol supply, 150°F return), the systems can be modified for use with an aggressive outside temperature reset schedule. New, additional unit heaters will be provided in the gyms and other select areas of the school, optimized for the low temperature supply water. The biomass boiler connection will tie into the heating glycol return line into the boilers, so that the boilers minimize their runtime. Controls for the new biomass systems can be integrated into the existing DDC controls at each facility. Biomass System Options A Garn WHS-3200 wood boiler was evaluated for each school. Both would be installed in a detached building. Piping from the detached buildings to the schools can be routed aboveground or belowground for integration into the heating system. Figure 7 – Garn WHS-3200 Wood Boiler For this study, a single Garn WHS-3200 wood boiler was studied. This unit has a 3,200-gallon water tank and is 7’4” wide x 7’8” high x 12’ long. The Garn boiler would be housed in an 8’ wide x 20’ long insulated module. The module would contain a circulation pump, heat exchanger and controls. The module and interior components could be pre-constructed offsite and shipped to the community for installation. Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 10 The Garn boiler would deliver heat to a heat exchanger inside the module, which would transfer heat to a buried piping loop system with 50% propylene glycol. This loop would deliver heat through a direct buried, insulated arctic pipe to a new heat exchanger in the school. Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 11 IV. Energy Consumption and Costs Energy Costs The table below shows the energy comparison of different fuel types. The system efficiency is used to calculate the delivered MMBTU’s of energy to the building. The delivered cost of energy to the building, in $/MMBTU, is the most accurate way to compare costs of different energy types. As shown below, cordwood is cheaper than fuel oil on a $/MMBTU basis in both Ouzinkie and Port Lions. Table 2 – Energy Comparison Community Fuel Type Units Gross BTU/unit System Efficiency $/unit Delivered $/MMBTU Ouzinkie Cord Wood cord 16,000,000 75% $175 $14.58 Heating Oil gal 134,000 75% $4.00 $39.80 Electricity kWh 3,413 99% $0.52 $153.90 Port Lions Cord Wood cord 16,000,000 75% $250 $20.83 Heating Oil gal 134,000 75% $4.66 $46.37 Electricity kWh 3,413 99% $0.17 $50.31 Wood Energy The gross energy content of a cord of wood varies depending on tree species and moisture content. Wet or greenwood has higher moisture contents and require additional heat to evaporate moisture before the wood can burn. Thus, wood with higher moisture contents will have lower energy contents. Seasoned or dry wood will typically have 20% moisture content. Cord Wood The Ouzinkie Tribal Council (OTC) operates a lumber mill in Ouzinkie and provides cordwood as a byproduct of regular mill operations. Cordwood is sold to non-tribal-members at a rate of $175/cord. For a bulk purchase, especially to a customer like the school, OTC has indicated that they would be amenable to negotiating a lower rate. The cordwood cost at Port Lions was reported at $250/cord. Wood Pellets There is no local wood pellet manufacturer or distributor in Ouzinkie or Port Lions, which means that wood pellets would have to be barged into the community. Wood pellets are typically sold in 40 lb bags and shipped by the pallet (where 50 bags are loaded on a pallet). Each pallet is one ton of pellets. A study in 2015 showed that wood pellets are currently sold in Anchorage for $295/ton. The cost for shipping one ton of wood pellets by barge to Ouzinkie was quoted by two shipping companies. Costs are around $413/ton from Anchorage and $444/ton from Seattle. It is assumed that shipping rates will be reduced by 15% if a substantial volume of pellets is shipped, due to economies of scale. For this report it is assumed Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 12 that shipping costs are $444/ton. The total cost of wood pellets will be $639/ton, which is more expensive than heating oil on a BTU basis. Due to these factors, wood pellets were not considered as an economical fuel for this study. Heating Oil The high price of fuel oil is the main economic driver for the use of lower cost biomass heating. Fuel oil is shipped into Ouzinkie by barge and currently costs approximately $4.00/gal. Fuel oil is also shipped to Port Lions by barge and currently costs $4.66/gal. For this study, the energy content of fuel oil is based on 134,000 BTU/gal, according to the UAF Cooperative Extension. Electricity Electricity for Ouzinkie is provided by the local government, the City of Ouzinkie. According to the utility data provided by KIBSD, the building has an electricity rate of approximately $0.52/kWh. Electricity for Port Lions is provided by the Kodiak Electric Association (KEA) at a rate of $0.17/kWh. This lower rate is due to KEA’s access to lower cost hydropower and wind power, compared to diesel power generation. Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 13 Existing Fuel Oil Consumption An estimate of the schools’ heating oil consumption was made based on annual heating oil data provided by Kodiak Island School District from 2015. Actual heating oil bills were not provided for the study. Table 3 – Existing Fuel Oil Consumption Building Fuel Type Annual Consumption Net MMBTU/yr Avg. Annual Cost Ouzinkie School Heating Oil 8,200 gal 824.1 $32,800 Port Lions School Heating Oil 6,200 gal 623.1 $28,892 Biomass System Consumption It is estimated that the proposed biomass system at each school will offset approximately 90% of the heating energy for the building, by burning cordwood. The remaining 10% of the heating energy will be provided by the existing oil boilers. This result is based on an analysis of the school’s annual heating oil consumption, the heat output of the Garn boiler and BIN weather data for the area. It is assumed that the Garn WHS-3200 is loaded every 12 hours, which will produce 150,000 BTU/hr with a 125F minimum supply water temperature, per manufacturer documentation. More frequent loading is possible, which will increase BTU output and allow additional heating oil offset during colder times of the year. Overall, the Garn system will save approximately $18,574 and $14,277 in energy costs annually at Ouzinkie and Port Lions, respectively. Table 4 – Proposed Biomass System Fuel Consumption Building Fuel Type % Heating Source Net MMBTU/yr Annual Consumption Energy Cost Total Energy Cost Annual Energy Savings Ouzinkie School Cord Wood 90% 741.7 62 cords $10,816 $14,226 $18,574 Fuel Oil 10% 82.4 820 gal $3,280 Additional Electricity N/A N/A 250 kWh $130 Port Lions School Cord Wood 90% 560.8 47 cords $11,683 $14,615 $14,277 Fuel Oil 10% 62.3 620 gal $2,889 Additional Electricity N/A N/A 250 kWh $43 Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 14 V. Preliminary Cost Estimating An estimate of probable costs was completed for installing the Garn boiler system at each school. The cost estimate is based equipment quotes and from previous cost estimates created for similar projects. A 10% remote factor was used to account for increased shipping and installation costs in Ouzinkie and Port Lions. Project and Construction Management was estimated at 5%. Engineering design and permitting was estimated at 15% and a 25% contingency was used. The cost estimate for each school is the same because the same work will be completed at each school. Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 15 Table 5 – Estimate of Probable Cost for Each School Category Description Cost Site Work Site Grading for Module $ 4,000 Gravel Fill $ 3,000 Foundation (Timbers and Anchors) $ 5,000 Buried Utilities $ 5,000 Subtotal $ 17,000 Electrical Utilities Service Entrance $4,000 Conduit and Wiring $4,000 Subtotal $8,000 Wood Boiler Module Insulated Module 8 ft x 20 ft $ 15,000 Garn Boiler WHS 3200 $ 45,000 Heat Exchanger $ 5,000 Installation, Piping & Materials $ 70,000 Fire Allowance $ 10,000 Controls Allowance $ 10,000 Electrical Allowance $ 10,000 Shipping $ 10,000 Subtotal $ 175,000 School Connection Heat Exchanger $ 4,000 Unit Heaters $ 12,000 Boiler Room Modifications $ 15,000 Facility Piping to Gym $ 5,000 Subtotal $ 36,000 Subtotal Material and Installation Cost $ 236,000 Remote Factor 10% $ 23,600 Subtotal $ 259,600 Project and Construction Management 5% $ 12,980 Subtotal $ 272,580 Design Fees and Permitting 15% $ 40,887 Subtotal $ 313,467 Contingency 25% $ 78,367 Total Project Cost $ 391,834 Total Budgetary Cost $ 392,000 Note: The cost estimate for each school is the same because the same work will be completed at each school. Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 16 VI. Economic Analysis The following assumptions were used to complete the economic analysis for this study. Table 6 – Discount and Escalation rates Real Discount Rate for Net Present Value Analysis 3% Wood Fuel Escalation Rate 3% Fossil Fuel Escalation Rate 5% Electricity Escalation Rate 3% O&M Escalation Rate 2% The real discount rate, or minimum attractive rate of return, is 3.0% and is the current rate used for all Life Cycle Cost Analysis by the Alaska Department of Education and Early Development. This is a typical rate used for completing economic analysis for public entities in Alaska. The escalation rates used for the wood, heating oil, electricity and O&M rates are based on rates used in the Alaska Energy Authority funded 2013 and 2014 biomass pre-feasibility studies. These are typical rates used for this level of evaluation and were used so that results are consistent and comparable to the previous studies. A net present value analysis was completed using real dollars (constant dollars) and the real discount rate, as required per the Alaska Department of Education and Early Development Life Cycle Cost Analysis Handbook. O&M Costs Non-fuel related operations and maintenance costs (O&M) were estimated at $700 per year. The estimate is based on annual maintenance time for the Garn boiler. For only the first two years of service, the maintenance cost is doubled to account for maintenance staff getting used to operating the new system. Labor costs for daily stoking of the boiler are not included, as this is typically completed by a maintenance person who is already hired by the organization that utilizes the boiler and stoking the boiler would become part of their daily duties. Definitions There are many different economic terms used in this study. A listing of all of the terms with their definition is provided below for reference. Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 17 Table 7 – Economic Definitions Economic Term Description Project Capital Cost This is the opinion of probable cost for designing and constructing the project. Present Value of Project Benefits (20-year life) The present value of all of the heating oil that would have been consumed by the existing heating oil-fired heating system, over a 20-year period. Present Value of Operating Costs (20-year life) The present value of all of the proposed biomass systems operating costs over a 20-year period. This includes wood fuel, additional electricity, and O&M costs for the proposed biomass system and the heating oil required by the existing equipment to supply the remaining amount of heat to the building. Benefit / Cost Ratio of Project (20-year life) This is the benefit to cost ratio over the 20-year period. A project that has a benefit to cost ratio greater than 1.0 is economically justified. It is defined as follows: 𝐵𝑐𝑛𝑐𝑐𝑖𝑟 / 𝐵𝑛𝑟𝑟 𝑅𝑎𝑟𝑖𝑛= 𝑂𝑉(𝑂𝑟𝑛𝑖𝑐𝑐𝑟 𝐵𝑐𝑛𝑐𝑐𝑖𝑟𝑟)− 𝑂𝑉(𝑂𝑛𝑐𝑟𝑎𝑟𝑖𝑛𝑐 𝐵𝑛𝑟𝑟𝑟) 𝑂𝑟𝑛𝑖𝑐𝑐𝑟 𝐵𝑎𝑛𝑖𝑟𝑎𝑙 𝐵𝑛𝑟𝑟 Where: PV = The present value over the 20-year period Reference Sullivan, Wicks and Koelling, “Engineering Economy”, 14th ed., 2009, pg. 440, Modified B-C Ratio. Net Present Value (20-year life) This is the net present value of the project over a 20-year period. If the project has a net present value greater than zero, the project is economically justified. This quantity accounts for the project capital cost, project benefits and operating costs. Payback Period (Year Accumulated Cash Flow > Project Capital Cost) The Payback Period is the number of years it takes for the accumulated cash flow of the project to be greater than or equal to the project capital cost. This quantity includes escalating energy prices and O&M rates. This quantity is calculated as follows: 𝐼𝑛𝑟𝑟𝑎𝑙𝑙𝑐𝑐 𝐵𝑛𝑟𝑟≤∑𝑅𝑘 𝐽 𝑘=0 Where: J = Year that the accumulated cash flow is greater than or equal to the Project Capital Cost. 𝑅𝑘 = Project Cash flow for the kth year. Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 18 Results An economic analysis was completed in order to determine the simple payback, benefit to cost ratio, and net present value of the proposed Garn boiler systems, as shown in the table below. At each school, the Garn boiler would be located in a detached module and heating pipes would connect to the new heat exchanger in the school’s mechanical room. The Garn would supplement heat for the existing oil boiler system. New low temperature hydronic unit heaters would be installed in the school and served by the Garn system to take advantage of lower heating water temperatures and overall higher wood boiler efficiencies. The existing heating oil boiler would still be used to heat the rest of the facility and supplement the pool water heating when needed. A cordwood storage building was not included in this analysis. The proposed Garn boiler projects have a benefit to cost ratio of 1.19 and 1.05, at Ouzinkie and Port Lions respectively, over the 20-year study period, which makes the projects economically justified. Any project with a benefit to cost ratio above 1.0 is considered economically justified. The main reason the project is viable is because of the large quantity of heating oil savings compared to the relatively low price of cordwood. Over a 20-year period, the heating oil savings from these projects will more than pay for the capital cost of building the Garn system and the costs associated with operations and maintenance and buying cordwood. An additional benefit is that the money used to purchase cordwood will stay in the local community, which can create local job opportunities. The Alaska Energy Authority is now using a 25-year life span for the Garn Boiler for the Renewable Energy Fund applications. This means that the Garn will have five years of additional benefits after the 20-year study period. Please refer to Appendix B for the economic analysis spreadsheet for greater detail. Table 8 – Economic Analysis Results Item Ouzinkie School Port Lions School Project Capital Cost ($392,000) ($392,000) Present Value of Project Benefits (20-year life) $769,269 $756,579 Present Value of Operating Costs (20-year life) ($303,672) ($344,756) Benefit / Cost Ratio of Project (20-year life) 1.19 1.05 Net Present Value (20-year life) $73,597 $19,823 Year Cash Flow is Net Positive First Year First Year Payback Period (Year Accumulated Cash Flow > Project Capital Cost) 18 years 20 years If KIBSD wishes to further pursue these projects, the next step is to complete a schematic level engineering design and detailed cost estimate of the project. An updated economic analysis can be completed and KIBSD can then decide if it is in its best interest to pursue funding to continue to final design and construction. Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 19 Sensitivity Analysis A sensitivity analysis was completed to show how changing heating oil costs and wood costs affect the benefit to cost (B/C) ratios of the project. As heating oil costs increase and wood costs decrease, the project becomes more economically viable. The B/C ratios greater than 1.0 are economically justified and are highlighted in green. B/C ratios less than 1.0 are not economically justified and are highlighted in red. Table 9 – Sensitivity Analysis – Ouzinkie B/C Ratios Cordwood Cost $150/cord $175/cord $200/cord $250/cord $300 Heating Oil Cost $3.50/gal 1.04 0.97 0.89 0.74 0.58 $3.75/gal 1.15 1.08 1.00 0.85 0.69 $4.00/gal 1.26 1.19 1.11 0.96 0.80 $4.25/gal 1.37 1.30 1.22 1.07 0.91 $4.50/gal 1.49 1.41 1.33 1.18 1.02 $4.75/gal 1.60 1.52 1.44 1.29 1.14 $5.00/gal 1.71 1.63 1.55 1.40 1.25 $5.25/gal 1.82 1.74 1.66 1.51 1.36 $5.50/gal 1.93 1.85 1.77 1.62 1.47 Table 10 – Sensitivity Analysis – Port Lions B/C Ratios Cordwood Cost $150/cord $175/cord $200/cord $250/cord $300 Heating Oil Cost $3.50/gal 0.88 0.81 0.75 0.62 0.49 $3.75/gal 0.97 0.91 0.84 0.71 0.58 $4.00/gal 1.06 1.00 0.93 0.80 0.68 $4.25/gal 1.16 1.09 1.03 0.90 0.77 $4.50/gal 1.25 1.18 1.12 0.99 0.86 $4.66/gal 1.31 1.24 1.18 1.05 0.92 $5.00/gal 1.44 1.37 1.31 1.18 1.05 $5.25/gal 1.53 1.46 1.40 1.27 1.14 $5.50/gal 1.62 1.56 1.49 1.36 1.23 Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 20 VII. Forest Resource and Fuel Availability Assessments Air Quality Permitting Currently, air quality permitting is regulated according to the Alaska Department of Environmental Conservation Section 18 AAC 50 Air Quality Control regulations. Per these regulations, a minor air quality permit is required if a new wood boiler or wood stove produces one of the following conditions per Section 18 AAC 50.502 (C)(1): 40 tons per year (TPY) of carbon dioxide (CO2), 15 TPY of particulate matter greater than 10 microns (PM-10), 40 TPY of sulfur dioxide, 0.6 TPY of lead, 100 TPY of carbon monoxide within 10 kilometers of a carbon monoxide nonattainment area, or 10 TPY of direct PM -2.5 emissions. These regulations assume that the device will operate 24 hours per day, 365 days per year and that no fuel burning equipment is used. If a new wood boiler or wood stove is installed in addition to a fuel burning heating device, the increase in air pollutants cannot exceed the following per AAC 50.502 (C)(3): 10 TPY of PM-10, 10 TPY of sulfur dioxide, 10 TPY of nitrogen oxides, 100 TPY of carbon monoxide within 10 kilometers of a carbon monoxide nonattainment area, or 10 TPY of direct PM-2.5 emissions. Per the Wood-fired Heating Device Visible Emission Standards (Section 18 AAC 50.075), a person may not operate a wood-fired heating device in a manner that causes black smoke or visible emissions that exceed 50 percent opacity for more than 15 minutes in any hour in an area where an air quality advisory is in effect. From Coffman’s discussions with Patrick Dunn at the Alaska Department of Environmental Conservation, these regulations are focused on permitting industrial applications of wood burning equipment. In his opinion, it would be unlikely that an individual wood boiler would require an air quality permit unless several boilers were to be installed and operated at the same site. If several boilers were installed and operated together, the emissions produced could be greater than 40 tons of CO2 per year. This would require permitting per AAC 50.502 (C)(1) or (C)(3). Permitting would not be required on the residential wood fired stoves unless they violated the Wood-fired Heating Device Visible Emission Standards (Section 18 AAC 50.075). Recent Garn boiler systems installed in Alaska have not required air quality permits. Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 21 VIII. General Biomass Technology Information Heating with Wood Fuel Wood fuels are among the most cost-effective and reliable sources of heating fuel for communities adjacent to forestland when the wood fuels are processed, handled, and combusted appropriately. Compared to other heating energy fuels, such as oil and propane, wood fuels typically have lower energy density and higher associated transportation and handling costs. Due to this low bulk density, wood fuels have a shorter viable haul distance when compared to fossil fuels. This short haul distance also creates an advantage for local communities to utilize locally-sourced wood fuels, while simultaneously retaining local energy dollars. Most communities in rural Alaska are particularly vulnerable to high energy prices due to the large number of heating degree days and expensive shipping costs. For many communities, wood-fueled heating can lower fuel costs. For example, cordwood sourced at $250 per cord is just 25% of the cost per MMBTU as #1 fuel oil sourced at $7 per gallon. In addition to the financial savings, the local communities also benefit from the multiplier effect of circulating energy dollars within the community longer, more stable energy prices, job creation, and more active forest management. The local cordwood market is influenced by land ownership, existing forest management and ecological conditions, local demand and supply, and the State of Alaska Energy Assistance program. Types of Wood Fuel Wood fuels are specified by energy density, moisture content, ash content, and granulometry. Each of these characteristics affects the wood fuel’s handling characteristics, storage requirements, and combustion process. Higher quality fuels have lower moisture, ash, dirt, and rock contents, consistent granulometry, and higher energy density. Different types of fuel quality can be used in wood heating projects as long as the infrastructure specifications match the fuel content characteristics. Typically, lower quality fuel will be the lowest cost fuel, but it will require more expensive storage, handling, and combustion infrastructure, as well as additional maintenance. Projects in rural Alaska must be designed around the availability of wood fuels. Some fuels can be harvested and manufactured on site, such as cordwood, woodchips, and briquettes. Wood pellets can also be used, but typically require a larger scale pellet manufacturer to make them. The economic feasibility of manufacturing on site is determined by a financial assessment of the project. Typically, larger projects offer more flexibility in terms of owning and operating the wood harvesting and manufacturing equipment, such as a wood chipper, splitter, or equipment to haul wood out of forest, than smaller projects. Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 22 High Efficiency Wood Pellet Boilers High efficiency pellet boilers are designed to burn wood pellets cleanly and efficiently. These boilers utilize pellet storage bins or silos that hold a large percentage of the building’s annual p ellet supply. Augers or vacuums transfer pellets from the silos to a pellet hopper adjacent to the pellet boiler, where pellets can be fed into the boiler for burning. Pellets are automatically loaded into the pellet boiler and do not require manual loading such as in a Garn cordwood boiler. The pellet boilers typically have a 3 to 1 turn down ratio, which allows the firing rate to modulate from 100% down to 33% fire. This allows the boiler to properly match building heat demand, increasing boiler efficiency. The efficiencies of these boilers can range from 85% to 92% efficiency depending on firing rate. High Efficiency Cordwood Boilers High Efficiency Low Emission (HELE) cordwood boilers are designed to burn cordwood fuel cleanly and efficiently. The boilers use cordwood that is typically seasoned to 25% moisture content (MC) or less and meet the dimensions required for loading and firing. The amount of cordwood burned by the boiler will depend on the heat load profile of the building and the utilization of the fuel oil system as back up. Two HELE cordwood boiler suppliers include Garn (www.garn.com) and TarmUSA (www.woodboilers.com). Both of these suppliers have units operating in Alaska. TarmUSA has a number of residential units operating in Alaska and has models that range between 100,000 to 300,000 BTU/hr. Garn boilers, manufactured by Dectra Corporation, are used in Tanana, Kasilof, Dot Lake, Thorne Bay, Coffman Cove and other locations to heat homes, washaterias, schools, and community buildings. The Garn boiler has a unique construction, which is basically a wood boiler housed in a large water tank. Garn boilers come in several sizes and are appropriate for facilities using 100,000 to 1,000,000 BTUs per hour. The jacket of water surrounding the fire box absorbs heat and is piped into buildings via a heat exchanger, and then transferred to an existing building heating system, in-floor radiant tubing, unit heaters, or baseboard heaters. In installations where the Garn boiler is in a detached building, there are additional heat exchangers, pumps and a glycol circulation loop that are necessary to transfer heat to the building while allowing for freeze protection. Radiant floor heating is the most efficient heating method when using wood boilers such as Garns, because they can operate using lower supply water temperatures compared to baseboards. Garn boilers are approximately 87% efficient and store a large quantity of water. For example, the Garn WHS-2000 holds approximately 1,825 gallons of heated water. Garns also produce virtually no smoke when at full burn, because of a primary and secondary gasification (2,000 ºF) burning process. Garns are manually stocked with cordwood and can be loaded multiple times a day during periods of high heating demand. Garns are simple to operate with only three moving parts: a handle, door and blower. Garns produce very little ash and require minimal maintenance. Removing ash and inspecting fans are typical maintenance requirements. Fans are used to produce a draft that increases combustion temperatures and boiler efficiency. In cold climates, Garns can be equipped with exterior insulated storage tanks for extra hot water circulating capacity. Most facilities using cordwood boilers keep existing oil-fired systems operational to provide heating backup during biomass boiler downtimes and to provide additional heat for peak heating demand periods. Low Efficiency Cordwood Boilers Outdoor boilers are categorized as low-efficiency, high emission (LEHE) systems. These boiler systems are not recommended as they produce significant emission issues and do not combust wood fuels efficiently Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 23 or completely, resulting in significant energy waste and pollution. These systems require significantly more wood to be purchased, handled and combusted to heat a facility as compared to a HELE system. Additionally, several states have placed a moratorium on installing LEHE boilers because of air quality issues (Washington). These LEHE systems can have combustion efficiencies as low as 25% percent and produce more than nine times the emission rate of standard industrial boilers. In comparison, HELEs can operate around 87% efficiency. High Efficiency Wood Stoves Newer high efficiency wood stoves are available on the market that produce minimal smoke, minimal ash and require less firewood. New EPA-certified wood stoves produce significantly less smoke than older uncertified wood stoves. High efficiency wood stoves are easy to operate with minimal maintenance compared to other biomass systems. The Blaze King Classic high efficiency wood stove (www.blazeking.com) is a recommended model, due to its built-in thermostats that monitor the heat output of the stove. This stove automatically adjusts the air required for combustion. This unique technology, combined with the efficiencies of a catalytic combustor with a built-in thermostat, provides the longest burn times of any wood stove. The Blaze King stove allows for optimal combustion and less frequent loading and firing times. Bulk Fuel Boilers Bulk fuel boilers usually burn wood chips, sawdust, bark or pellets and are designed around the wood resources that are available from the local forests or local industry. Several large facilities in Tok, Craig, and Delta Junction (Delta Greely High School) are using bulk fuel biomass systems. Tok uses a commercial grinder to process woodchips. The chips are then dumped into a bin and are carried by a conveyor belt to the boiler. The wood fuel comes from timber scraps, local sawmills and forest thinning projects. The Delta Greely High School has a woodchip bulk fuel boiler that heats the 77,000 square foot facility. The Delta Greely system, designed by Coffman engineers, includes a completely separate boiler building which includes a chip storage bunker and space for storage of tractor trailers full of chips (so handling of frozen chips could be avoided). Woodchips are stored in the concrete bunker and augers move the material on a conveyor belt to the boilers. Grants There are state, federal, and local grant opportunities for biomass work for feasibility studies, design and construction. If a project is pursued, a thorough search of websites and discussions with the AEA Biomass group is recommended to make sure no possible funding opportunities are missed. Below are some funding opportunities and existing past grants that have been awarded. Currently, there is a funding opportunity for tribal communities that develop clean and renewable energy resources through the U.S. Department of Energy. The Energy Department’s Tribal Energy Program, in cooperation with the Office of Indian Energy, will help Native American communities, tribal energy resource development organizations, and tribal consortia to install community or facility scale clean energy projects. http://apps1.eere.energy.gov/tribalenergy/ The U.S. Department of Agriculture Rural Development has over fifty financial assistance programs for a variety of rural applications. This includes energy efficiency and renewable energy programs. Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 24 http://www.rd.usda.gov/programs-services The Department of Energy (DOE), Alaska Native programs, focus on energy efficiency and add ocean energy into the mix. In addition, the communities are eligible for up to $250,000 in energy-efficiency aid. The Native village of Kongiganak will get help strengthening its wind-energy infrastructure, increasing energy efficiency and developing “smart grid technology”. Koyukuk will get help upgrading its energy infrastructure, improving energy efficiency and exploring biomass options. The village of Minto will explore all the above options as well as look for solar-energy ideas. Shishmaref, an Alaska Native village faced climate-change-induced relocation, will receive help with increasing energy sustainability and building capacity as it relocates. http://energy.gov/articles/alaska-native-communities-receive-technical-assistance-local-clean-energy- development The city of Nulato was awarded a $40,420 grant for engineering services for a wood energy project by the United States Department of Agriculture (USDA) and the United States Forest Service. Links regarding the award of the Woody Biomass Utilization Project recipients are shown below: http://www.fs.fed.us/news/2012/releases/07/renewablewoods.shtml http://www.usda.gov/wps/portal/usda/usdahome?contentid=2009/08/0403.xml Delta Junction was awarded a grant for engineering from the Alaska Energy Authority from the Renewable Energy Fund for $831,203. This fund provides assistance to utilities, independent power producers, local governments, and tribal governments for feasibility studies, reconnaissance studies, energy resource monitoring, and work related to the design and construction of eligible facilities. http://www.akenergyauthority.org/re-fund-6/4_Program_Update/FinalREFStatusAppendix2013.pdf http://www.akenergyauthority.org/PDF%20files/PFS-BiomassProgramFactSheet.pdf http://www.akenergyauthority.org/RenewableEnergyFund/RFA_Project_Locations_20Oct08.pdf The Alaska Wood Energy Development Task Group (AWEDTG) consists of a coalition of federal and state agencies and not-for-profit organizations that have signed a Memorandum of Understanding (MOU) to explore opportunities to increase the utilization of wood for energy and biofuels production in Alaska. A pre-feasibility study for Aleknagik was conducted in 2012 for the AWEDTG. The preliminary costs for the biomass system(s) are $346,257 for the city hall and health center system and $439,096 for the city hall, health center, and future washateria system. http://www.akenergyauthority.org/biomasswoodenergygrants.html http://www.akenergyauthority.org/BiomassWoodEnergy/Aleknagik%20Final%20Report.pdf The Emerging Energy Technology Fund grand program provides funds to eligible applicants for demonstrations projects of technologies that have a reasonable expectation to be commercially viable within five years and that are designed to: test emerging energy technologies or methods of conserving energy, improve an existing energy technology, or deploy an existing technology that has not previously been demonstrated in Alaska. http://www.akenergyauthority.org/EETFundGrantProgram.html Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. Appendix A Site Photos Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. Ouzinkie 1. East elevation of building 2. South and Partial East elevation of building 3. Partial West elevation of building 4. Partial West elevation of building 5. North and Partial East elevation 6. Site Access Road from main building entry Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 7. Boiler BT-1 8. Boiler BT-2 9. Domestic Hot Water Pumps and Heaters for Gym 10. Domestic Hot Water Pumps and Heaters for Office/Kitchen 11. 5,200 Gal Fuel Tank 12. Emergency Generator Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 13. Electrical pole supply 14. Main electrical panel and Automatic Transfer Switch 15. Building Layout Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. Port Lions 16. North and West elevations 17. West elevation of building 18. Partial South elevation of building 19. Partial South elevation of building 20. Partial South elevation 21. East elevation Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 22. Partial North elevation 23. Building Layout (omits basement boiler level) 24. Boiler and Water Heater 25. Boilers and Water Heaters 26. Vent for 1,100 Gal Underground Fuel Tank 27. Emergency Generator Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. 28. Electrical supply 29. Main electrical panel and Automatic Transfer Switch Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. Appendix B Economic Analysis Spreadsheets Ouzinkie SchoolOuzinkie, AlaskaProject Capital Cost($392,000)Present Value of Project Benefits (20-year life)$769,269Present Value of Operating Costs (20-year life)($303,672)Benefit / Cost Ratio of Project (20-year life)1.19Net Present Value (20-year life)$73,597Year Accumulated Cash Flow is Net PositiveFirst YearPayback Period (Year Accumulated Cash Flow > Project Capital Cost)18 yearsDiscount Rate for Net Present Value Analysis3%Wood Fuel Escalation Rate3%Fossil Fuel Escalation Rate5%Electricity Escalation Rate2%O&M Escalation Rate2%YearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYear1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20Existing Heating System Operating CostsExisting Heating Oil Consumption$4.008,200gal$32,800$34,440$36,162$37,970$39,869$41,862$43,955$46,153$48,461$50,884$53,428$56,099$58,904$61,849$64,942$68,189$71,598$75,178$78,937$82,884Biomass System Operating CostsCord Wood (Delivered to site)$175.0090%62.0cords($10,850)($11,176)($11,511)($11,856)($12,212)($12,578)($12,955)($13,344)($13,744)($14,157)($14,581)($15,019)($15,470)($15,934)($16,412)($16,904)($17,411)($17,933)($18,471)($19,026)Fossil Fuel$4.0010%820gal($3,280)($3,444)($3,616)($3,797)($3,987)($4,186)($4,396)($4,615)($4,846)($5,088)($5,343)($5,610)($5,890)($6,185)($6,494)($6,819)($7,160)($7,518)($7,894)($8,288)Additional Electricity$0.52250kWh($130)($133)($135)($138)($141)($144)($146)($149)($152)($155)($158)($162)($165)($168)($172)($175)($178)($182)($186)($189)Operation and Maintenance Costs($700)($714)($728)($743)($758)($773)($788)($804)($820)($837)($853)($870)($888)($906)($924)($942)($961)($980)($1,000)($1,020)Additional Operation and Maintenance Costs for first 2 years($700)($714)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0Total Operating Costs($15,660)($16,180)($15,990)($16,534)($17,097)($17,681)($18,286)($18,913)($19,563)($20,237)($20,936)($21,661)($22,413)($23,192)($24,001)($24,840)($25,710)($26,613)($27,551)($28,523)Annual Operating Cost Savings$17,140 $18,260 $20,172 $21,436 $22,772 $24,181 $25,669 $27,240 $28,898 $30,646 $32,492 $34,438 $36,492 $38,657 $40,941 $43,349 $45,888 $48,565 $51,387 $54,361Accumulated Cash Flow$17,140 $35,400 $55,571 $77,008 $99,779 $123,960 $149,630 $176,870 $205,768 $236,414 $268,906 $303,344 $339,836 $378,493 $419,433 $462,782 $508,670 $557,235 $608,622 $662,983Net Present Value($375,359) ($358,148) ($339,688) ($320,642) ($300,999) ($280,748) ($259,876) ($238,372) ($216,225) ($193,421) ($169,948) ($145,794) ($120,945) ($95,388) ($69,110) ($42,096) ($14,333)$14,194 $43,499 $73,597Economic Analysis ResultsInflation RatesDescriptionUnit CostHeating Source ProportionAnnual Energy UnitsEnergy Units Port Lions SchoolPort Lions, AlaskaProject Capital Cost($392,000)Present Value of Project Benefits (20-year life)$756,579Present Value of Operating Costs (20-year life)($344,756)Benefit / Cost Ratio of Project (20-year life)1.05Net Present Value (20-year life)$19,823Year Accumulated Cash Flow is Net PositiveFirst YearPayback Period (Year Accumulated Cash Flow > Project Capital Cost)20 yearsDiscount Rate for Net Present Value Analysis2%Wood Fuel Escalation Rate3%Fossil Fuel Escalation Rate5%Electricity Escalation Rate2%O&M Escalation Rate2%YearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYear1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20Existing Heating System Operating CostsExisting Heating Oil Consumption$4.666,200gal$28,892$30,337$31,853$33,446$35,118$36,874$38,718$40,654$42,687$44,821$47,062$49,415$51,886$54,480$57,204$60,064$63,068$66,221$69,532$73,009Biomass System Operating CostsCord Wood (Delivered to site)$250.0090%47.0cords($11,750)($12,103)($12,466)($12,840)($13,225)($13,621)($14,030)($14,451)($14,885)($15,331)($15,791)($16,265)($16,753)($17,255)($17,773)($18,306)($18,855)($19,421)($20,004)($20,604)Fossil Fuel$4.6610%620gal($2,889)($3,034)($3,185)($3,345)($3,512)($3,687)($3,872)($4,065)($4,269)($4,482)($4,706)($4,942)($5,189)($5,448)($5,720)($6,006)($6,307)($6,622)($6,953)($7,301)Additional Electricity$0.17250kWh($43)($43)($44)($45)($46)($47)($48)($49)($50)($51)($52)($53)($54)($55)($56)($57)($58)($60)($61)($62)Operation and Maintenance Costs($700)($714)($728)($743)($758)($773)($788)($804)($820)($837)($853)($870)($888)($906)($924)($942)($961)($980)($1,000)($1,020)Additional Operation and Maintenance Costs for first 2 years($700)($714)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0Total Operating Costs($16,082)($16,608)($16,423)($16,972)($17,540)($18,129)($18,738)($19,369)($20,023)($20,701)($21,402)($22,129)($22,883)($23,664)($24,473)($25,312)($26,181)($27,083)($28,017)($28,986)Annual Operating Cost Savings$12,810 $13,729 $15,430 $16,474 $17,578 $18,746 $19,980 $21,285 $22,663 $24,120 $25,660 $27,286 $29,003 $30,816 $32,731 $34,753 $36,886 $39,138 $41,515 $44,022Accumulated Cash Flow$12,810 $26,539 $41,969 $58,443 $76,022 $94,767 $114,747 $136,032 $158,695 $182,816 $208,475 $235,761 $264,764 $295,580 $328,311 $363,064 $399,950 $439,089 $480,603 $524,626Net Present Value($379,440.88) ($366,244.91) ($351,704.86) ($336,485.43) ($320,564.38) ($303,918.78) ($286,525) ($268,359) ($249,395) ($229,608) ($208,971) ($187,456) ($165,036) ($141,681) ($117,361) ($92,046) ($65,703) ($38,300) ($9,803)$19,823Economic Analysis ResultsInflation RatesDescription Unit CostHeating Source ProportionAnnual Energy UnitsEnergy Units Feasibility Assessment for Biomass Heating Systems Ouzinkie and Port Lions Schools Coffman Engineers, Inc. Appendix C AWEDTG Field Data Sheets