HomeMy WebLinkAboutAEA_COK_Costworksheet3_10-7-09
Renewable Energy Fund Round 3
Project Cost/Benefit Worksheet
RFA AEA10-015 Application Cost Worksheet Page 1 10-7-09
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.
Annual average resource availability. 95% - Biomass
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 Provided to the City by KEA Co-Op
ii. Rated capacity of generators/boilers/other Provided to the City by KEA Co-Op
iii. Generator/boilers/other type Provided to the City by KEA Co-Op
iv. Age of generators/boilers/other Provided to the City by KEA Co-Op
v. Efficiency of generators/boilers/other Provided to the City by KEA Co-Op
b) Annual O&M cost (if system is part of the Railbelt grid, leave this section blank)
i. Annual O&M cost for labor Provided to the City by KEA Co-Op
ii. Annual O&M cost for non-labor Provided to the City by KEA Co-Op
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] Provided to the City by KEA Co-Op
ii. Fuel usage
Diesel [gal] Provided to the City by KEA Co-Op
Other Provided to the City by KEA Co-Op
iii. Peak Load Provided to the City by KEA Co-Op
iv. Average Load Provided to the City by KEA Co-Op
v. Minimum Load Provided to the City by KEA Co-Op
vi. Efficiency Provided to the City by KEA Co-Op
vii. Future trends Provided to the City by KEA Co-Op
d) Annual heating fuel usage (fill in as applicable)
i. Diesel [gal or MMBtu] 1,400,000 gal (for electricity production)
ii. Electricity [kWh] 2500 kWh (Average Load on KEA generators)
iii. Propane [gal or MMBtu] N/A
iv. Coal [tons or MMBtu] N/A
v. Wood [cords, green tons, dry tons] N/A
vi. Other N/A
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 3
Project Cost/Benefit Worksheet
RFA AEA10-015 Application Cost Worksheet Page 2 10-7-09
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)
[kWh or MMBtu/hr]
100 kWh thermochemical waste-to-energy plant that
consumes 1 ton/day of domestic feedstock
b) Proposed Annual electricity or heat production (fill in as applicable)
i. Electricity [kWh] 374,400 kWh
ii. Heat [MMBtu] 1,123 MMBtu of excess heat
c) Proposed Annual fuel Usage (fill in as applicable)
i. Propane [gal or MMBtu] 0
ii. Coal [tons or MMBtu] 0
iii. Wood [cords, green tons, dry tons] 0
iv. Other 624 gallons diesel
4. Project Cost
a) Total capital cost of new system $620,000
b) Development cost $220,000
c) Annual O&M cost of new system $120,000
d) Annual fuel cost $3,500.64
5. Project Benefits
a) Amount of fuel displaced for
i. Electricity 55,376 gallons
ii. Heat 0
iii. Transportation 0
b) Price of displaced fuel $310,659.36
c) Other economic benefits $187,200
d) Amount of Alaska public benefits Environmental benefits of less carbon emissions and waste
destruction
6. Power Purchase/Sales Price
a) Price for power purchase/sale $0.30/kWh
7. Project Analysis
a) Basic Economic Analysis
Project benefit/cost ratio 1:1.94
Payback 2.24 years