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RFA AEA 09-004 Application Cost Worksheet revised 9/26/08 Page 1
Application Cost Worksheet – Bristol Bay Area Health Corporation
Wind Project
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
The Applicant should demonstrate that the renewable energy resource is available on a
sustainable basis.
Annual average resource availability. Wind Power Class 6
Unit depends on project type (e.g. windspeed, hydropower output, biomasss fuel)
2. Existing Energy Generation
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 Total estimated fixed + incremental O&M labor on existing
diesel gen sets = $500,000
Total non-fuel cost in PCE filings = $2,629,000
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] Diesel Electricity = 16,809,534 kWh/year (September 26, 2008 PCE Ceiling
Rate Change Memo, RCA)
ii. Fuel usage
Diesel [gal] 1,031,000 gallons (PCE data)
Other
iii. Peak Load
iv. Average Load
v. Minimum Load
vi. Efficiency 15.6 kWh/gallon, 0.0641 gallons per kWh
vii. Future trends 0.0641 gallons per kWh
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
RFA AEA 09-004 Application Cost Worksheet revised 9/26/08 Page 2
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]
v. Wood [cords, green tons, dry tons]
vi. Other
3. Proposed System Design
a) Installed capacity 10 X 100kW = 1000 kW
b) Annual renewable electricity generation
i. Diesel [gal or MMBtu]
ii. Electricity [kWh] 3,300,000 kWhs/year
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 $13,800,000*
including 16 miles of three phase intertie that could
also be sized to accommodate hydro developments
(Elva, Grant lakes) to the North
b) Development cost *included within capital cost
c) Annual O&M cost of new system $120,000
d) Annual fuel cost
5. Project Benefits
a) Amount of fuel displaced for
i. Electricity 3.3 million kWhs X .0641gallons per kWh = 212,000gallons
ii. Heat Dump load heating potential to be developed in Engineering portion of EPC
contract effort
iii. Transportation
b) Price of displaced fuel Long run price of diesel fuel is estimated at roughly $4
a gallon
Renewable Energy Fund
RFA AEA 09-004 Application Cost Worksheet revised 9/26/08 Page 3
X 212,000 gallons a year = $846,000 a year
c) Other economic benefits
d) Amount of Alaska public benefits
6. Power Purchase/Sales Price
a) Price for power purchase/sale Estimate the long run incremental cost of diesel
generated electricity will be on the order of 25c/kWh
7. Project Analysis
a) Basic Economic Analysis
Project benefit/cost ratio
Payback $846,000 a year / $13,800,000 = 16 years
PLEASE SEE ATTACHED Memo FOR ADDITIONAL DETAIL ON THE ECONOMIC ANALYSIS
OF THE WIND OPPORTUNITY