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HomeMy WebLinkAboutRound_IV_Costworksheet Renewable Energy Fund Round 4 Project Cost/Benefit Worksheet RFA AEA11-005 Application Cost Worksheet Page 1 7-21-10 Please note that some fields might not be applicable for all technologies or all project phases. The level of information detail varies according to phase requirements. 1. Renewable Energy Source The Applicant should demonstrate that the renewable energy resource is available on a sustainable basis. The village is trying to secure funding to do a feasibility study for the Jack River Hydro project. This study will determine if this renewable energy resource is available on a sustainable basis. Annual average resource availability. Unit depends on project type (e.g. windspeed, hydropower output, biomasss fuel) 2. Existing Energy Generation and Usage a) Basic configuration (if system is part of the Railbelt1 grid, leave this section blank) i. Number of generators/boilers/other ii. Rated capacity of generators/boilers/other iii. Generator/boilers/other type iv. Age of generators/boilers/other v. Efficiency of generators/boilers/other b) Annual O&M cost (if system is part of the Railbelt grid, leave this section blank) i. Annual O&M cost for labor ii. Annual O&M cost for non-labor c) Annual electricity production and fuel usage (fill in as applicable) (if system is part of the Railbelt grid, leave this section blank) i. Electricity [kWh] ii. Fuel usage Diesel [gal] Other iii. Peak Load iv. Average Load v. Minimum Load vi. Efficiency vii. Future trends d) Annual heating fuel usage (fill in as applicable) i. Diesel [gal or MMBtu] ii. Electricity [kWh] iii. Propane [gal or MMBtu] iv. Coal [tons or MMBtu] 1 The Railbelt grid connects all customers of Chugach Electric Association, Homer Electric Association, Golden Valley Electric Association, the City of Seward Electric Department, Matanuska Electric Association and Anchorage Municipal Light and Power. Renewable Energy Fund Round 4 Project Cost/Benefit Worksheet RFA AEA11-005 Application Cost Worksheet Page 2 7-21-10 v. Wood [cords, green tons, dry tons] vi. Other 3. Proposed System Design Capacity and Fuel Usage (Include any projections for continued use of non-renewable fuels) a) Proposed renewable capacity (Wind, Hydro, Biomass, other) [kW or MMBtu/hr] The Native Village of Cantwell has been working with Polarconsult Alaska, Inc. for several years to get a feasibility study done for the Jack River Hydro project. Once funding has been secured to do a feasibility study for the Jack River Hydro project, the village will hire Polarconsult Alaska, Inc. to proceed with this study. Polarconsult Alaska, Inc. will be providing the information requested. b) Proposed annual electricity or heat production (fill in as applicable) i. Electricity [kWh] ii. Heat [MMBtu] c) Proposed annual fuel usage (fill in as applicable) i. Propane [gal or MMBtu] ii. Coal [tons or MMBtu] iii. Wood [cords, green tons, dry tons] iv. Other 4. Project Cost a) Total capital cost of new system The total project cost (to do a feasibility study) is estimated to be $200,000.00. This is based on Earle Ausman’s, PE / President and Chief Energy Engineer with Polarconsult Alaska Inc., analysis. The Native Village of Cantwell will be contributing the amount of $10,000.00 to this project. The Village Administrator will be the liaison between the village, Polarconsult Alaska and the Alaska Energy Authority for the duration of this project. b) Development cost c) Annual O&M cost of new system d) Annual fuel cost 5. Project Benefits a) Amount of fuel displaced for i. Electricity ii. Heat iii. Transportation Renewable Energy Fund Round 4 Project Cost/Benefit Worksheet RFA AEA11-005 Application Cost Worksheet Page 3 7-21-10 b) Current price of displaced fuel c) Other economic benefits Cities that are connected to the Alaska Intertie System will benefit from this project. Renewable power that the Jack River Hydro Project will add to the Alaska Intertie System will lower the cost of energy to all cities served off of the Alaska Intertie System. Standby power for the Cantwell, Carlo Creek and McKinley Village area is another benefit that this project will provide. Currently if an avalanche, wind or some other thing causes an outage north or south of these areas, these areas will not have any power until the problem is fixed. d) Alaska public benefits 6. Power Purchase/Sales Price a) Price for power purchase/sale 7. Project Analysis a) Basic Economic Analysis Project benefit/cost ratio Payback (years)