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HomeMy WebLinkAboutPartial Funding RationaleRationale for partial funding recommendations Renewable Energy Fund Round IX Project # Project name Reason for partial funding recommendation 1245 Adak Hydro Application requested funding for feasibility, design and construction. Recommended for partial funding to complete the feasibility study. 1238 Koyuk Water Heat Recovery Application was for funding final design and construction. Project economics are marginal so AEA recommends limiting funding to final design to improve project economics and better assess value. 1233 Grayling Water Heat Recovery Application was for funding final design and construction. AEA recommends funding only the design phase to allow for improved construction cost estimates prior to funding the construction phase. Requested design costs of $75,760 (17.5% of total project cost) is higher than expected based on the complexity of the project. Partial funding of $50,000 recommended for final design phase only. 1221 Old Harbor Hydro Total design budget appears excessive. Recommend funding full design and partial geotech funding with the recommendation that GPR and/or seismic surveys be done prior to investing in costly helicopter supported drilling. 1214 Eek Water Heat Recovery Application was for final design and construction. AEA recommends funding only the design phase to allow for improved construction cost estimates prior to funding the construction phase. Requested design costs of $68,262 (21% of total project cost) is higher than expected based on the complexity of the project. Partial funding of $50,000 recommended for final design phase only. 1215 Huslia Water and Clinic Biomass Application was for funding final design and construction. The economics of this project are challenging. Recommend partial funding of $53,116 to complete the design phase only and work to improve the economics of the project. 1235 Scammon Bay Hydro Application requested funding for stream gauging and preliminary design. AEA recommends the project for partial funding to complete stream gauging to better understand the hydroelectric resource potential of Hillside Creek. 1201 Unalaska Inline Micro Turbines Application was for funding feasibility, final design and construction. AEA recommends partially funding the feasibility and final design phases of this project to better understand operation of power recovery turbine and PRV under varying flow conditions and events such as load rejection. 1217 Klawock School Biomass Application requested funding for final design and construction. While the economics of this project are good, the engineering will be challenging due to the site constraints. Recommend partial funding of $111,986 for the development of final design and a business/operating plan. 1210 Chugach Community Solar Chugach Electric's application for a 500kW solar garden project is recommended for funding at 50% of the requested level. The applicant requested a $100,000 grant to match $100,000 in a cash contribution from Chugach Electric. However, AEA has estimated that the applicant should be able to complete the proposed feasibility study, conceptual design and cost estimate for $100,000. 1209 Ketchikan Schools Central Heating Application requested feasibility and design funding. The economics of this project are challenging but there are opportunities in the feasibility phase to identify an economically viable option. Recommend partial funding of $40,000 for a feasibility study.