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Application Cost Worksheet
Please note that some fields might not be applicable for all technologies or all project
phases. Level of information detail varies according to phase requirements.
1. Renewable Energy Source – Waste Heat Recovery from NPEP Cooling Water
The Applicant should demonstrate that the renewable energy resource is available on a
sustainable basis.
Annual average resource availability. NPEP Availability - 98%
Unit depends on project type (e.g. windspeed, hydropower output, biomasss fuel)
2. Existing Energy Generation – GVEA NPEP Combined Cycle Plant
a) Basic configuration (if system is part of the railbelt 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
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)
i. Electricity [kWh]
ii. Fuel usage (if system is part of the Railbelt grid, leave this section blank
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] 1,920,000 kWh (500 kwh – 160 heating days)
iii. Propane [gal or MMBtu]
iv. Coal [tons or MMBtu]
v. Wood [cords, green tons, dry tons]
vi. Other
AEA 09-004 GVEA Waste Heat App Cost Worksheet Page 1
Renewable Energy Fund
3. Proposed System Design
a) Installed capacity None – Waste Heat Recovery
b) Annual renewable electricity generation
i. Diesel [gal or MMBtu]
ii. Electricity [kWh]
iii. Propane [gal or MMBtu]
iv. Coal [tons or MMBtu]
v. Wood [cords, green tons, dry tons]
vi. Other
4. Project Cost
a) Total capital cost of new system $1,050,000
b) Development cost Included in capital cost
c) Annual O&M cost of new system O&M cost of new system to be combined with
existing plant O&M costs, expected to be minimal
d) Annual fuel cost $ 0
5. Project Benefits
a) Amount of fuel displaced for
i. Electricity
ii. Heat 92,000 gallons of naphtha (410 kwh – 150 available days/yr)
iii. Transportation
b) Price of displaced fuel $252,000/yr - $7,000,000 for life of project
c) Other economic benefits
d) Amount of 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 $7,000,000/$1,050,000 = 6.667
Payback Five years at 6% interest and 2008 average fuel cost
AEA 09-004 GVEA Waste Heat App Cost Worksheet Page 2