Posts Tagged ‘feed-in tariff’
Modeling Clean Development Mechanism (CDM) Impact on Renewable Energy Economics
Modeling Clean Development Mechanism (CDM) Impact on Renewable Energy Economics
Your energy technology expert has updated its project finance models for renewable energy.
It now includes standard clean development mechanism (CDM) modeling to determine the economic impact of including carbon emission reduction (CER) credits to the overall economics of renewable energy sources (biomass cogeneration, biomass direct combustion, biomass gasification, solar PV, wind, mini-hydro, ocean thermal energy conversion).
CDM modeling consists of running a project finance model to determine pre-tax net cash flow without escalation and with full equity (project IRR). The model, however, has the option to include cheaper debt. More »
Tags: 3-TIER, carbon emission reduction, CDM, CER, Clean Development Mechanism, energy technology expert, feed-in tariff, Fukushima, hydro, Marcial Ocampo, nuclear melth down, Predicting Wind Power, renewable energy, solar, Synthesizing Wind Speed, wind, wind farm, Wind Mast, Wind Power Curve, Wind Prospecting Tools
Buy my project finance models, visit my country, and learn one-on-one to use my models
Buy my project finance models, visit my country, and learn one-on-one to use my models
That’s right. Order and buy now my project finance models this November till December and take advantage of my holiday deals.
Once you have paid via PayPal or wire / bank transfer to my local bank account, I will then email to you the project finance model.
Then take the first flight to Manila and I will meet you at the Airport (NAIA Terminals 1, 2 or 3).
Alternatively, send me my airline ticket and hotel booking charge to your account, and I will fly to your work place and conduct the seminar/workshop to you and your other interested staff.
I will then take you to your hotel and conduct the one-on-one seminar/workshop where you will learn project finance and power plant and financial modeling for conventional (hydro, geothermal, coal thermal, oil thermal, gas thermal, combined cycle gas turbines), renewable (biomass, solar, wind, mini-hydro, ocean thermal energy conversion), nuclear and energy storage power generation technologies. More »
New Product List for Models – Levelized Cost of Power and Energy, Feed-in-Tariff, Project Finance, Renewable Energy Resource Assessment, Optimal Load Dispatch and LP Model for Trigeneration
New Product List for Models – Levelized Cost of Power and Energy, Feed-in-Tariff, Project Finance, Renewable Energy Resource Assessment, Optimal Load Dispatch and LP Model for Trigeneration
Order now and try our latest top-of-the-line models for:
1) Cost of power generation technologies (technology, capacity, all-in capital cost per kW, fixed and variable O&M cost, capacity factor, cost of fuel, economic life, construction lead time, levelized cost of energy)
2) Feed-in-Tariff (FIT) rate for renewable energy (biomass, solar PV, wind, mini-hydro, ocean thermal energy conversion) More »
How to calculate the feed-in tariff for renewable electricity – assumptions
How to calculate the feed-in tariff for renewable electricity – assumptions
Your energy technology expert would like to share with its readers the basic assumptions in calculating the feed-in tariff using a project finance model that calculates the first year tariff (also the feed-in tariff) that will provide the minimum returns for the equity investors.
Fears of price spike due to renewable energy feed-in tariff allayed
Thursday, May 19, 2011 – Manila, Philippines
Fears of price spike due to renewable energy feed-in tariff allayed
BY JOHN LOURENZE POQUIZ
The National Renewable Energy Board yesterday allayed fears of a spike in power rates with the tapping of renewable energy, saying the added cost will only be about 12.57 centavos per kilowatt-hour. (MTO: but will be blended at 3% to the grid’s 97%)
In its proposed feed-in tariff (FIT) rates submitted to the Energy Regulatory Commission, the NREB pegged the rates at P6.15 per kWh for hydro, P7 for biomass, P10.37 for wind, P17.65 for ocean energy, and P17.95 for solar.
This gives an arithmetic average of P11.82 per kWh (weighted average is P8.8939 per kWh). More »
Municipal Solid Waste to Power Project Finance Model
Municipal Solid Waste to Power Project Finance Model
The energy technology expert is pleased to offer to its readers, project developers, project investors, loan and funding institutions a state-of-the-art project finance model for municipal solid waste (MSW) to power using the biomass gasification technology.
Place your order now and avail of hefty discount (50%) and buy only for $1,500 only and proceed immediately with your project development of MSW to power. Use this model to determine the IRR given the tons per day capacity, garbage tipping fee and electricity tariff. Email your order now to get the discount and I’ll email you back my bank details for remitting the payment so you get immediately your project finance model.
The MSW may come in free into the power plant or the local government units (LGUs) may pay garbage tipping fees as additional income on top of the feed-in tariff income of the power plant from the national government.
The byproduct high-density residue (over 2 MT per CUM) which is excellent road pavement and sea shoreline reinforcement material could also provide additional revenues.
The user inputs the tons per day (100 to 400 MT/day) of MSW. More »
Feed-in Tariff (FiT) to be issued by March 2011
Feed-in Tariff (FiT) to be issued by March 2011
The government thru the National Renewable Energy Board (NREB) is targetting to come up with the feed-in tariff (FiT) rate scheme by the end of March this year (2011), a top Department of Energy (DOE) official said.
The FiT is the price per kWh sold that will be paid to all renewable energy (RE) developers and power generators for puting up these intermittent power generation plants. It shall be fixed for 15 years and shall be subject to review every 3 years with the possibility of lowering the FiT as technology and economy of scale improves. It is, however, prospective, and applies only to future RE projects, thus protecting the earlier RE investments from regulatory and pricing risks arising from technological improvements. The RE technologies being intermittent are thus considered must run and will be dispatched when available and transmission and distribution system operators are obliged to ensure that investments are made to ensure their safe and stable connection into the grid. More »
How to use biomass for energy and power
How to use biomass for energy and power
Here is my reply to an avid reader requesting for advice on how to use biomass effectively in his home town.
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How to Lower Power Plant Emissions – some suggestions
How to Lower Power Plant Emissions – some suggestions
Here are my simple suggestions on how to lower power plant emissions and address global warming and climate change issues.
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Hi Jeff,
I am not an environmental scientist, but this I can say.
As long as your liquid fuel has lower than 1% Sulfur by weight, you will not exceed SO2 concentration (in volume % or parts per million by volume or as mg/Nm3 or milligram per normal cubic meter) required by the EPA (usually given in ppm and mg/Nm3 for both old and new power plants).
Having sufficient excess air (3-15% or average of 9%) will help eliminate unburnt fuel emission such as CO (carbon monoxide) and THC (total hydro carbon) as well as unburnt carbon (C) particles.
You also need to lower impurities such as ash to reduce total suspended solids (TSP) emissions (ash and unburnt carbon fuel).
To lower NOx emissions, the firing of oil must be done in stages so that the flame is not too hot that it will dissociate nitrogen (N2) in the air into oxides of nitrogen (NOx) that contributes to acid rain together with oxides of sulfur (SOx).
But this days, you have to address global warming and climate change issues by lowering your carbon (C) or as carbon dioxide (CO2) emissions. This means keeping the fuel to electricity conversion efficiency (thermal efficiency) as high as possible, which is typically around 33-36% for oil thermal power plants based on the steam Rankin cycle. To lower the carbon footprint, you need to move away from the simple steam Rankin cycle to combined cycles (CCGT) to raise efficiency to over 54-59%, almost double, thus reducing the carbon footprint by almost half.
Hope I was of help,
Marcial
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For the readers who would want to design a power plant that addresses global warming and climate change issues, energy efficiency considerations, cost of power plant and resulting electricity tariff, please email me your concerns as I may provide you a good feasibility study that addresses all the above issues.
Cheers,
Marcial, your energy technology expert (for conventional, nuclear and renewable energy power generation).
How to make a top-of-the-line project finance model for wind energy
How to make a top-of-the-line project finance model for wind energy
After many years of financial modeling experience, including working for international development agencies, your favorite energy technology selection and business development consultant is providing his audience with a template for making state-of-the-art project finance model for individual wind turbines and wind farms in hybrid with fossil power generation (peak load and base load units in order to allow the massive penetration of wind energy into the grid without undermining the grid’s stability, voltage and frequency).
Here is the sample template model showing the main topics and a few columns of the model. The model is broken down into the following sections: More »
Evaluating Renewable Energy Potential and Project Economics Made Easy
Evaluating Renewable Energy Potential and Project Economics Made Easy
Your energy technology selection expert wishes to announce the latest release of renewable energy (RE) project finance and energy resource evaluation tools, specifically for evaluating the performance of RE hybrid combinations such as minihydro-diesel, solar PV-diesel, wind-diesel PV and biomass gasification-diesel generation for off-grid as well as on-grid systems. The model will calculate the RE resource potential, predict the annual generation, and then calculate annual average capacity factors.
For off-grid, the model evaluates also the optimum fossil fuel back-up support so that the RE (minihydro, solar, wind, biomass) hybrid system will provide 24/7 hours of affordable and reliable electricity service.
Don’t waste your time evaluating the RE potential using obsolete and un-integrated software that are site and technology specific. In just a few minutes and few hours, you could run a series of wind site evaluations which compares the wind power levelized selling price (tariff) to your country’s diesel power generation cost or feed-in tariff.
It’s now the right time to change to the fully-integrated multi-site RE hybrid evaluation tools. More »
Municipal Solid Waste (MSW) to Power Project
Municipal Solid Waste (MSW) to Power Project
This is a power point presentation with a project finance model for calculating feed-in tariff (FiT).
The FiT is a renewable energy charge paid to renewable energy (RE) developers for providing power to the grid. It is paid for by the Transco operator who collects a renewable energy charge (REC) from all consumers of electricity in the country. By being spread out to all consumers, the burden of a higher FiT compared to the average grid rate is shared equally by all citizens and consumers alike since they will benefit from the positive impact of RE on global warming and climate change issues.
Feed-in Tariff Calculator – from simple RP MTO formula to project finance model
Feed-in Tariff Calculator – from simple RP MTO formula to project finance model
Yes, you are right. A feed-in tariff calculator using the modified US NREL formula for levelized cost of energy (LCOE) or levelized cost of electrity is available from you Energy Technology Expert – Marcial Ocampo. (Please refer to my previous articles on simplified formula for LCOE.)
In addition, we prepared a more sophisticated project finance model to calculate the feed-in tariff using the discounted cash flow internal rate of return method (DCF IRR). More »
Marcial Ocampo – Energy Technology Expert – CV and Company Profile
PERSONAL INFORMATION:
Name : MARCIAL T. OCAMPO
Email: mars_ocampo@yahoo.com
Web: www.energytechnologyexpert.com
http://ph.linkedin.com/in/ocampomarcial
EDUCATIONAL BACKGROUND:
Elementary : Dologon Laboratory School
Musuan, Bukidnon
1958 – 1964
Valedictorian
High School : San Sebastian College
Claro M. Recto, Manila
1964 – 1968
Salutatorian
College : B. S. Chemical Engineering
University of the Philippines, Diliman, Quezon City
1968 – 1973
2nd Place (87.75%) – Chemical Engineering Board Exam, 1973
Post Graduate : M. S. Chemical Engineering
University of the Philippines, Diliman, Quezon City
Thesis: “The Assimilative Capacity of Some Rivers in the Philippines, an LP Model”
1974 – 1978
M. S. Combustion and Energy
University of Leeds, United Kingdom
Thesis: “The Performance and Emission Characteristics of a Methanol-Fueled Spark Ignition Engine”
1979-1980 More »
Tags: Company Profile, Consultancy Services, CV, Dams Management & Safety, economic and financial status of biofuels, energy technology expert, Feasibility Study for a Coal-fired Power Plant, FEASIBILITY STUDY OF A GREENFIELD NATURAL GAS-FIRED POWER PLANT, feed-in tariff, Feed-in Tariff Project Finance Model, Impact of the New Renewable Energy Law and its IRR on Electricity Price, Marcial Ocampo, Municipal Solid Waste to Diesel, New Energy Plan and Climate Change Program, power generation technology, Projects, Purchase of a Distribution Utility, waste to energy
Feed-in Tariff Models for Renewable Energy – biomass, cogen, mini-hydro, wind, solar and ocean thermal (OTEC)
Feed-in Tariff Models for Renewable Energy – biomass, cogen, mini-hydro, wind, solar and ocean thermal (OTEC)
Renewable energy feed-in tariffs for biomass, biomass cogen, mini-hydro or run-of-river hydro, wind, solar PV and ocean thermal energy conversion (OTEC) have been calculated using a project finance model prepared for the National Renewable Energy Board (NREB) by Marcial Ocampo – your favorite energy technology expert.
Using standard assumptions of supplier FOB, the all-in capital cost is calculated. The summary sheet of the model then summarizes the assumptions and results.
Marcial Ocampo
Energy & Business Development Consultant
New Summary Report Format for Project Finance Model for Feed-in Tariff
New Summary Report Format for Project Finance Model for Feed-in Tariff
A new and improved summary report format for the state-of-the-art project finance model has been developed and ready for implementation in all small scale, large scale and renewable energy project finance models.
Please refer to the sample format below and the author would appreciate receiving your valuable feedback.
Two formats are available: one for renewable energy projects without fuel requirement (mini-hydro, wind, solar) and those with fuels (biomass, cogen and other fossil-fired power plants such as diesel, coal, oil and natural gas).
This is to enable presentation of the plant heat rate and conversion efficiency from fuel energy to electrical energy as well as lube oil consumption rate.
Free Trial of Project Finance Model for Renewable Energy Feed-in Tariff Calculation
Free Trial of Project Finance Model for Renewable Energy Feed-in Tariff Calculation
The energy expert and author of this blog is inviting his dedicated viewers to email him or comment on this blog.
The first 20 viewers who will email him for the next 48 hours starting this day of March 25, 2010 at 24:00 hours (12 midnight) Philippine Time will receive a demo copy of his famous project finance models for calculating feed-in tariff. If he is satisfied, he may order the working copy by proceeding to the DONATE button or to the ENERGY DATA page of his blog.
Feed-in tariff is a regulatory mechanism developed to encourage the development and growth of Renewable Energy by encouraging RE power generation technologies such as biomass energy, mini-hydro, wind, solar and ocean energy.
It is a fixed tariff calculated using the discounted cash flow internal rate of return (DCF IRR) which compares the equity portion (usually 30%) of the all-in project cost (land, equipment, project development, working capital, interest during construction) to the expected net cash flow.
It is usually a fixed tariff for a minimum period of 15 years that allows the RE developer to recover the cost of capital (equity and debt), allowable generation cost, and provide reasonable profit at the minimum equity returns needed by investors.
What are you waiting for. Email me now and be the among the lucky first 20 viewers to receive the demo copy.
Regards,
MARCIAL T. OCAMPO
Energy Technology & Business Development Consultant
Email: mars_ocampo@yahoo.com
Input Data for Calculating Feed-in Tariff (FiT) for Renewable Energy
Input Data for Calculating Feed-in Tariff (FiT) for Renewable Energy
Your energy technology selection expert and author of this blog has standardized the input data requirements for calculating feed-in tariff (FiT) for Renewable Energy (RE) sources such as biomass, cogen, mini-hydro, wind and solar.
Please refer to the snippet of the input worksheet below.
Thanks,
Marcial T. Ocampo
Energy Technology Selection & Business Development Consultant More »
Simplified Project Finance Model for Feed-in Tariff (FiT) Calculation
Simplified Project Finance Model for Feed-in Tariff (FiT) Calculation
I simplified the model to its bare functionality and removed the financial ratios section.
The model now has the barest functionality for the feed-in tariff calculation, namely: More »
Preliminary Feed-in Tariff (FiT) for Renewable Energy Sources in the Philippines – Biomass, Mini-Hydro, Wind and Solar
Preliminary Feed-in Tariff (FiT) for Renewable Energy Sources in the Philippines – Biomass, Mini-Hydro, Wind and Solar
Last January 20-21, 2010, the Philippine Department of Energy (DOE) and the National Renewable Energy Board (NREB) and in consultation with the Renewable Energy (RE) Alliance, conducted a three day seminar at the Subic International Hotel at the Subic Free Port, Province of Zambales, Philippines.
With the recent passage last year (2009) of the Philippine Renewable Energy Law (R.A. 9513) and its Implementing Rules and Regulations (DC 2009-05-0008), a Feed-In Tariff mechanism has to be established in the country within a year (February 2010). In particular, a feed-in tariff scheme which provides an obligation to the power industry to source RE generation at a guaranteed fixed price over a period of time, which should not be less than a period of 12 years (15 years per ERC), to be determined by the Energy Regulatory Commission (ERC). More »
