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HomeMy WebLinkAbout2 Pre-Feasibility Assessment_Update to Final Report 9-20-13 Pre-Feasibility Assessment for Integration of Wood-Fired Heating Systems Update to Final Report September 20, 2013 Nenana City School District City of Nenana Nenana, Alaska Presented by CTA Architects Engineers Nathan Ratz Lars Construction Management Services Rex Goolsby For Nenana School District City of Nenana Toghotthele Corporation 306 W. Railroad, Suite 104 Missoula, MT 59802 406.728.9522 www.ctagroup.com CTA Project: FEDC_FAIRBANKS_NENANA Update to Pre-Feasibility Assessment for Nenana School and City of Nenana Integration of Wood-Fired Heating Systems Nenana, Alaska CTA Architects Engineers i September 20, 2013 TABLE OF CONTENTS 1.0 Update Summary ...................................................................................................... 1 Appendixes Appendix A: Preliminary Estimate of Probable Cost for Option A.7 ............................. 1 page Appendix B: Cash Flow Analysis for Option A.7 .......................................................... 1 page Appendix C: Updated Overall Site Plan ....................................................................... 1 page Update to Pre-Feasibility Assessment for Nenana School and City of Nenana Integration of Wood-Fired Heating Systems Nenana, Alaska CTA Architects Engineers Page 1 of 3 September 20, 2013 1.0 Update Summary This is an update to the final report for the Pre-Feasibility Assessment for Integration of Wood-Fired Heating Systems which was issued in July, 2012. That assessment was commissioned to determine the preliminary technical and economic feasibility of integrating a wood fired heating system at the Nenana School, School Administration, School Warehouse, School Living Center, Nenana Native Council Day Care, Nenana Fire Department, Nenana Water Plant, and the Meda Lord Senior Center in Nenana, Alaska. This update addresses the cost and economic assumptions of that original report relative to 2013, and includes a summary of information for an additional wood chip boiler option the was developed. This update is intended to be used in conjunction with the original report, as the background information and assumptions of the existing buildings and the potential projects are not explicitly addressed in this update. In the past year, the energy costs have essentially remained the same for electricity and fuel oil, so the energy costs of the original report are still valid. The construction costs have also not gone up significantly in the past year, so all the preliminary estimates of probable cost are still valid. The economic assumptions of inflation rates have also remained the same. Considering the costs were preliminary and a “broad brush” and 15% contingency was used for the estimates, the 2012 report is still valid for use in September, 2013. After the original report was issued, the School District has been in contact with the local Alaska Department of Transportation facility in Nenana. The local DOT facility has indicated potential interest in connecting to a district heating loop in Nenana to heat the main shop building, especially if a loop to the student living center is installed. A new wood chip boiler option A.7 was generated to evaluate the potential of adding this building to the cluster of buildings around the school and a long loop to the student living center. The following tables are based on the 2012 report and have been updated to remove data from the Meda Lord Center, add Alaska DOT data, add option A.7, and remove options B.1, and C.1. All data shown is from the 2012 report except for what was added in this update. This was done so the new information could be in the same table as the original data for easier comparison. The following tables summarize the current fuel use and the potential wood fuel use: Table 1.1 - Annual Fuel Use Summary Fuel Avg. Use Current Annual Facility Name Type (Gallons) Cost/Gal. Cost School Fuel Oil 34,000 $3.60 $122,400 School Admin Fuel Oil 1,600 $3.60 $5,760 School Whse. Fuel Oil 4,200 $3.60 $15,120 Student Living Center Fuel Oil 28,800 $3.60 $103,680 NNC Day Care Fuel Oil 4,550 $3.60 $16,380 Water Plant Fuel Oil 10,700 $3.60 $38,520 Fire Dept. Fuel Oil 3,950 $3.60 $14,220 Alaska DOT Fuel Oil 5,300 $3.60 $19,080 Update to Pre-Feasibility Assessment for Nenana School and City of Nenana Integration of Wood-Fired Heating Systems Nenana, Alaska CTA Architects Engineers Page 2 of 3 September 20, 2013 Table 1. 2 - Annual Wood Fuel Use Summary Chipped/ Fuel Cord Wood Ground Oil Wood Pellets Wood (Gallons) (Cords) (Tons) (Tons) School (S) 34,000 297.1 270.9 373.8 School Admin (SA) 1,600 14.0 12.7 17.6 School Warehouse (SW) 4,200 36.7 33.5 46.2 School Living Center (SLC) 28,800 251.7 229.4 316.6 Nenana Native Council Day Care (DC) 4,550 39.8 36.2 50.0 City Water Plant (WP) 10,700 93.5 85.2 117.6 City Fire Dept (FD) 3,950 34.5 31.5 43.4 Alaska DOT (DOT) 5,300 46.3 42.2 58.3 S + SA 35,600 311.1 283.6 391.3 S + SA + SW 39,800 347.8 317.1 437.5 S + SA + SW + DC 44,350 387.6 353.3 487.5 S + SA + SW + DC + WP 55,050 481.1 438.6 605.2 S + SA + SW + DC + WP + FD 59,000 515.6 470.0 648.6 S + SA + SW + DC + WP + FD + SLC 87,800 767.3 699.5 1037.3 S + SA + SW + SLC 68,600 599.5 546.5 754.1 All Buildings (8 total) 83,100 813.7 741.7 1153 Note: Wood fuel use assumes offsetting 85% of the current energy use. The wood chip boiler options reviewed were as follows: Wood Chip Boiler Options: A.1: Nenana School only. A.2: Nenana School, Administration Building, and Warehouse. A.3: Nenana School, Administration Building, Warehouse, and NNC Daycare. A.4: Nenana School, Administration Building, Warehouse, NNC Daycare, and Water Plant. A.5: Nenana School, Administration Building, Warehouse, NNC Daycare, Water Plant, and Fire Department. A.6: Nenana School, Administration Building, Warehouse, and Living Center. A.7: Nenana School, Administration Building, Warehouse, NNC Daycare, Water Plant, Fire Hall, Student Living Center, and Alaska DOT Shop. Update to Pre-Feasibility Assessment for Nenana School and City of Nenana Integration of Wood-Fired Heating Systems Nenana, Alaska CTA Architects Engineers Page 3 of 3 September 20, 2013 The following table summarizes the economic evaluation for each option: Table 1.3 - Economic Evaluation Summary Nenana Biomass Heating System Year 1 NPV NPV 20 Yr 30 Yr Project Operating 30 yr 20 yr B/C B/C ACF ACF YR Cost Savings at 3% at 3% Ratio Ratio YR 20 YR 30 ACF=PC A.1 $1,780,000 $59,208 $2,832,089 $1,616,943 0.91 1.59 $2,303,414 $4,911,172 18 A.2 $1,960,000 $72,175 $3,385,501 $1,940,341 0.99 1.73 $2,761,778 $5,862,829 17 A.3 $2,150,000 $81,506 $3,795,177 $2,177,730 1.01 1.77 $3,098,786 $6,569,425 16 A.4 $2,590,000 $99,342 $4,638,894 $2,656,188 1.03 1.79 $3,780,882 $8,035,572 16 A.5 $2,680,000 $106,772 $4,975,009 $2,849,249 1.06 1.86 $4,055,426 $8,617,079 16 A.6 $2,860,000 $112,808 $5,441,730 $3,085,014 1.08 1.90 $4,399,622 $9,458,385 16 A.7 $3,250,000 $167,579 $7,779,417 $4,451,092 1.37 2.39 $6,335,815 $13,478,318 14 The benefit to cost ratio (B/C) takes the net present value (NPV) of the net energy savings and divides it by the construction cost of the project. A B/C ratio greater than or equal to 1.0 indicates an economically advantageous project. Accumulated cash flow (ACF) is another evaluation measure that is calculated in this report and is similar to simple payback with the exception that accumulated cash flow takes the cost of financing and fuel escalation into account. For many building owners, having the accumulated cash flow equal the project cost within 15 years is considered necessary for implementation. If the accumulated cash flow equals project cost in 20 years or more, that indicates a challenged project. Positive accumulated cash flow should also be considered an avoided cost as opposed to a pure savings. Connecting the school with several nearby buildings with a wood fired district heating system appears to be an economically viable project. With the current economic assumptions, the school alone and the school combined with the administration building and the school warehouse don’t quite meet the minimum 20 year B/C ratio of 1.0 However, when adding in the daycare, the water plant, and fire department, all these incremental options have 20 year B/C ratios greater than 1.0. The additional energy saved by connecting several buildings together offsets the significant additional cost of underground piping and pumping costs. The best option was A.7 which connected the school with the administration building, the school warehouse, the fire hall, the water plant, the daycare, the student living center, and the DOT shop. Even with the significant piping costs, the extra pumping energy, and the extra wood fuel needed to offset the heat loss of the long pipe runs, this option remains the strongest relative to the other options. The appendices include an estimate of probable cost and a cash flow analysis for the new option A.7, and include an updated site plan which shows the potential routing of piping to allow for connection to the DOT shop and the student living center. APPENDIX A Preliminary Estimate of Probable Cost For Option A.7 Preliminary Estimates of Probable Cost Biomass Heating Options Nenana, AK Chip Option A.7 - S + SA + SW + DC + WP + FH + SLC + DOT Chip Storage/ Boiler Building:$270,000 Wood Heating & Wood Handling System: $325,000 Stack/Air Pollution Control Device: $180,000 Mechanical/Electrical within Boiler Building: $150,000 Underground Piping $630,000 School Integration $50,000 Warehouse and Administration Integration $51,000 Day Care Integration $44,000 Water Plant Integration $46,500 Fire Hall Integration $43,000 SLC Integration $47,500 DOT Integration $50,000 Subtotal:$1,887,000 30% Remote Factor $566,100 Subtotal:$2,453,100 Design Fees, Building Permit, Miscellaneous Expenses 15%: $367,965 Subtotal:$2,821,065 15% Contingency:$423,160 Total Project Costs 3,244,225$ CTA Architects Engineers Update to Final Report 9-20-2013 APPENDIX B Cash Flow Analysis For Option A.7 Nenana School + Admin + Warehouse + Daycare + Option A.7Water Plant + Fire Dept. + Student Living Center + DOTNenana, AlaskaWood Chip Boiler Date: September 20, 2013 Analyst: CTA Architects Engineers -Nathan Ratz EXISTING CONDITIONSSchool +City Daycare SLC DOT TotalExisting Fuel Type:Fuel Oil Fuel Oil Fuel Oil Fuel OilFuel Units:gal gal gal galCurrent Fuel Unit Cost:$3.60 $3.60 $3.60 $3.60 Estimated Average Annual Fuel Usage:54,450 4,550 28,800 5,300 93,100Annual Heating Costs:$196,020 $16,380 $103,680 $19,080 $335,160ENERGY CONVERSION (to 1,000,000 Btu; or 1 dkt)Fuel Heating Value (Btu/unit of fuel):134500 134500 134500 134500Current Annual Fuel Volume (Btu):7,323,525,000 611,975,000 3,873,600,000 712,850,000Assumed efficiency of existing heating system (%):80% 80% 80% 80% Net Annual Energy Produced (Btu):5,858,820,000 489,580,000 3,098,880,000 570,280,000 10,017,560,000WOOD FUEL COSTWood Chips$/ton: $75.00Assumed efficiency of wood heating system (%): 65% PROJECTED WOOD FUEL USAGEEstimated Btu content of wood fuel (Btu/lb) - Assumed 30% MC 6400 Tons of wood fuel to supplant net equivalent of 100% annual heating load.1,204Tons of wood fuel to supplant net equivalent of 85% annual heating load.1,02325 ton chip van loads to supplant net equivalent of 85% annual heating load.41 Project Capital Cost-$3,250,000 Project Financing InformationPercent Financed0.0%Est. Pwr Use 90000 kWh Type Hr/Wk Wk/Yr Total Hr Wage/Hr TotalAmount Financed$0 Elec Rate $0.280 /kWh Biomass System 4.0 40 160 $20.00 $3,200Amount of Grants$3,250,000 Other 0.0 40 0 $20.00 $01st 2 Year Learning 3.0 40 120 $20.00 $2,400Interest Rate5.00%Term10Annual Finance Cost (years)$0 19.4 years Net Benefit B/C Ratio$7,779,417 $4,529,417 2.39$4,451,092 $1,201,0921.37Year Accumulated Cash Flow > 0#N/AYear Accumulated Cash Flow > Project Capital Cost14Inflation FactorsO&M Inflation Rate2.0%Fossil Fuel Inflation Rate5.0%Wood Fuel Inflation Rate3.0%Electricity Inflation Rate3.0%Discount Rate for Net Present Value Calculation 3.0%Year Year Year Year Year Year Year Year Year Year Year Year Year Year Year Year Year YearCash flow Descriptions Unit Costs HeatingSource ProportionAnnual Heating Source VolumesHeating Units 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 20 25 30Existing Heating System Operating CostsDisplaced heating costs $3.60 54450 gal $196,020 $205,821 $216,112 $226,918 $238,264 $250,177 $262,686 $275,820 $289,611 $304,091 $319,296 $335,261 $352,024 $369,625 $388,106 $495,333 $632,184 $806,845Displaced heating costs $3.60 4550 gal $16,380 $17,199 $18,059 $18,962 $19,910 $20,905 $21,951 $23,048 $24,201 $25,411 $26,681 $28,015 $29,416 $30,887 $32,431 $41,391 $52,827 $67,422Displaced heating costs $3.60 28800 gal $103,680 $108,864 $114,307 $120,023 $126,024 $132,325 $138,941 $145,888 $153,183 $160,842 $168,884 $177,328 $186,194 $195,504 $205,279 $261,994 $334,378 $426,761Displaced heating costs $3.60 5300 gal $19,080 $20,034 $21,036 $22,087 $23,192 $24,351 $25,569 $26,847 $28,190 $29,599 $31,079 $32,633 $34,265 $35,978 $37,777 $48,214 $61,535 $78,536Biomass System Operating CostsWood Fuel ($/ton, delivered to boiler site)$75.00 85% 1153 tons $86,507 $89,102 $91,775 $94,529 $97,365 $100,285 $103,294 $106,393 $109,585 $112,872 $116,258 $119,746 $123,339 $127,039 $130,850 $151,691 $175,851 $203,860Small load existing fuel$3.60 15% 8168 gal $29,403 $30,873 $32,417 $34,038 $35,740 $37,527 $39,403 $41,373 $43,442 $45,614 $47,894 $50,289 $52,804 $55,444 $58,216 $74,300 $94,828 $121,027Small load existing fuel$3.60 15% 683 gal $2,457 $2,580 $2,709 $2,844 $2,986 $3,136 $3,293 $3,457 $3,630 $3,812 $4,002 $4,202 $4,412 $4,633 $4,865 $6,209 $7,924 $10,113Small load existing fuel$3.60 15% 4320 gal $15,552 $16,330 $17,146 $18,003 $18,904 $19,849 $20,841 $21,883 $22,977 $24,126 $25,333 $26,599 $27,929 $29,326 $30,792 $39,299 $50,157 $64,014Small load existing fuel$3.60 15% 795 gal $2,862 $3,005 $3,155 $3,313 $3,479 $3,653 $3,835 $4,027 $4,228 $4,440 $4,662 $4,895 $5,140 $5,397 $5,667 $7,232 $9,230 $11,780Additional Operation and Maintenance Costs$3,200 $3,264 $3,329 $3,396 $3,464 $3,533 $3,604 $3,676 $3,749 $3,824 $3,901 $3,979 $4,058 $4,140 $4,222 $4,662 $5,147$5,683Additional Operation and Maintenance Costs First 2 years$2,400 $2,448Additional Electrical Cost $0.280$25,200 $25,956 $26,735 $27,537 $28,363 $29,214 $30,090 $30,993 $31,923 $32,880 $33,867 $34,883 $35,929 $37,007 $38,117 $44,188 $51,226 $59,385Annual Operating Cost Savings$167,579$178,360$192,247$204,330$217,090$230,562$244,787$259,802$275,650$292,375$310,023$328,644$348,288$369,010$390,865$519,352$686,561$903,701Financed Project Costs - Principal and Interest0000000000 Displaced System Replacement Costs (year one only)0Net Annual Cash Flow167,579 178,360 192,247 204,330 217,090 230,562 244,787 259,802 275,650 292,375 310,023 328,644 348,288 369,010 390,865 519,352 686,561 903,701Accumulated Cash Flow167,579 345,939 538,186 742,516 959,606 1,190,168 1,434,955 1,694,756 1,970,406 2,262,781 2,572,805 2,901,449 3,249,737 3,618,747 4,009,612 6,335,815 9,416,677 13,478,318Additional Power UseAdditional MaintenanceSimple Payback: Total Project Cost/Year One Operating Cost Savings:Net Present Value (30 year analysis):Net Present Value (20 year analysis): APPENDIX C Updated Overall Site Plan