HomeMy WebLinkAboutAppendix B_Cost Worksheet
Renewable Energy Fund Round 3
Project Cost/Benefit Worksheet
RFA AEA10-015 Application Cost Worksheet 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. 98% or 8,585 hours a year
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] TBD as part of study
iii. Propane [gal or MMBtu]
iv. Coal [tons or MMBtu]
v. Wood [cords, green tons, dry tons]
vi. Other Natural gas: 27,700,000 million cubic feet
3. Proposed System Design Capacity and Fuel Usage
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 10-7-09
(Include any projections for continued use of non-renewable fuels)
a) Proposed renewable capacity
(Wind, Hydro, Biomass, other)
[kWh or MMBtu/hr]
1,470 MW t (5,015 MMBtu/hr)
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 1,470 MW t (5,015 MMBtu/hr)
4. Project Cost
a) Total capital cost of new system $1,070,000,000
b) Development cost $8,342,810 (assumed to be cost of assessing
feasibility of project)
c) Annual O&M cost of new system $21,400,000
d) Annual fuel cost $0
5. Project Benefits
a) Amount of fuel displaced for
i. Electricity Not applicable
ii. Heat Up to 27,700,000 million cubic feet of natural gas in addition to electricity
used for heating in Anchorage
iii. Transportation Not applicable
b) Price of displaced fuel $8.57 per mmBtu and 9.476¢/kWh
c) Other economic benefits Stable pricing independent of fossil fuel prices and new
business opportunities
d) Amount of Alaska public benefits Significant, exact amount to be determined in studies
6. Power Purchase/Sales Price
a) Price for power purchase/sale $8.00 - $16.00 per mmBtu
7. Project Analysis
a) Basic Economic Analysis
Project benefit/cost ratio To be determined in reconnaissance and pre-feasibility studies
Payback To be determined in reconnaissance and pre-feasibility studies
Renewable Energy Fund Round 3
Project Cost/Benefit Worksheet
RFA AEA10-015 Application Cost Worksheet 10-7-09