HomeMy WebLinkAboutClearwater 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 Wind
The Applicant should demonstrate that
the renewable energy resource is
available on a sustainable basis.
Annual average resource availability. 13.2 mph or 6.0 m/s
Unit depends on project type (e.g.
windspeed, hydropower output,
biomasss fuel)
windspeed
2.
Exis
ting
Energy
Generat
ion and
Usage
Renewable Energy Fund Round 3
Project Cost/Benefit Worksheet
RFA AEA10-015 Application Cost Worksheet Page 2 10-7-09
a)
B
asic
configura
tion (if
system is
part of
the
Railbelt#
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.
# grid,
leave this
section
Renewable Energy Fund Round 3
Project Cost/Benefit Worksheet
RFA AEA10-015 Application Cost Worksheet Page 3 10-7-09
blank)
Renewable Energy Fund Round 3
Project Cost/Benefit Worksheet
RFA AEA10-015 Application Cost Worksheet Page 4 10-7-09
i.
Num
ber of
generator
s/boilers/o
ther
ii.
Rate
d capacity
of
generator
s/boilers/o
ther
iii.
Gene
rator/boile
rs/other
type
iv.
Age
of
generator
s/boilers/o
ther
v.
Effici
ency of
generator
s/boilers/o
ther
Renewable Energy Fund Round 3
Project Cost/Benefit Worksheet
RFA AEA10-015 Application Cost Worksheet Page 5 10-7-09
b)
Annu
al O&M
cost (if
system is
part of
the
Railbelt
grid,
leave this
section
blank)
i.
Annu
al O&M
cost for
labor
ii.
Annu
al O&M
cost for
non-labor
Renewable Energy Fund Round 3
Project Cost/Benefit Worksheet
RFA AEA10-015 Application Cost Worksheet Page 6 10-7-09
c)
Annu
al
electricity
productio
n and
fuel
usage
(fill in as
applicabl
e) (if
system is
part of
the
Railbelt
grid,
leave this
section
blank)
i.
Electr
icity [kWh]
ii.
Fuel
usage
Diesel
[gal]
Other
iii.
Peak
Load
Renewable Energy Fund Round 3
Project Cost/Benefit Worksheet
RFA AEA10-015 Application Cost Worksheet Page 7 10-7-09
iv.
Aver
age Load
v.
Mini
mum
Load
vi.
Effici
ency
vii.
Futur
e trends
d)
Annu
al
heating
fuel
usage
(fill in as
applicabl
e)
i.
Diese
l [gal or
MMBtu]
ii.
Electr
icity [kWh]
iii.
Prop
ane [gal
or MMBtu]
Renewable Energy Fund Round 3
Project Cost/Benefit Worksheet
RFA AEA10-015 Application Cost Worksheet Page 8 10-7-09
iv.
Coal
[tons or
MMBtu]
v.
Woo
d [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)
[kWh or MMBtu/hr]
1800 kWh
b) Proposed Annual electricity or heat
production (fill in as applicable)
i. Electricity [kWh] 4,730,400 kWh
ii. Heat [MMBtu]
c) Proposed Annual fuel Usage (fill in
as applicable)
i. Propane [gal or MMBtu]
ii. Coal [tons or MMBtu]
Renewable Energy Fund Round 3
Project Cost/Benefit Worksheet
RFA AEA10-015 Application Cost Worksheet Page 9 10-7-09
iii. Wood [cords, green tons, dry tons]
iv. Other
4. Project Cost $4,500,000
a) Total capital cost of new system $4,400,000
b) Development cost $100,000
c) Annual O&M cost of new system $0.02 per kWh = 94,608
d) Annual fuel cost 0
5. Project Benefits
a) Amount of fuel
displaced for
i. Electricity 3,189,120 gallons over 20 years
ii. Heat
iii. Transportation
b) Price of displaced
fuel
Avoided costs $0.0918 per kWh or $8,685,014 over 20 years
Renewable Energy Fund Round 3
Project Cost/Benefit Worksheet
RFA AEA10-015 Application Cost Worksheet Page 10 10-7-09
c) Other economic
benefits
Landowner royalties paid over 20 years $681,177
Transmission line loss savings at 3% loss $0.09 per kWh= $255,441
d) Amount of Alaska
public benefits
6. Power Purchase/Sales Price
a) Price for power purchase/sale Avoided Cost or Cost-Based
7. Project Analysis
a) Basic Economic
Analysis
Project benefit/cost ratio
Payback