Posts Tagged ‘nuclear energy’
Updates on conference on “Energy & Climate Change”
Updates on conference on “Energy & Climate Change”
To all speakers, reactors, contributors, donors:
Nice to communicate with you again.
While awaiting your response to our invitation as speaker, reactor, contributor/donor, the technical team of this conference organizer has been busy preparing the background materials to both the mini-conference on the Mindanao Power Crisis (proposed venue Xavier University, Cagayan de Oro City) and the main-conference on “Energy & Climate Change” (proposed venue – ADB Pasig City, Ateneo Quezon City or AIM Makati City).
To date, we have accomplished the following:
1) Prepared draft program and list of speakers and topics (awaiting response)
2) Awaiting firm proposal from sponsors who would like to support this two conferences and the preparation of the conference proceedings (a draft budget has been prepared and circulated to ADB, PCCC, awaiting ADB/DOE/PCCC response).
3) Made research on all power generation technologies, brief history, process description, efficiency, overnight capital cost, fixed and variable O&M, economic life – IEPR, Paul Breeze, MTO energy data base, Internet Google search
4) Made financial models for calculating levelized generation cost and levelized selling price (tariff) using simplified formulas (US NREL and RP MTO) and full-scale project finance models for each power generation technology
5) Obtained latest Power Development Plan (PDP 2009-2030), Philippine Energy Plan (PEP 2009-2030) and TRANSCO/NGCP Transmission Development Plan 2009-2018
6) Prepared models for calculating GHG carbon emissions (CO2) and levelized selling price for the entire country given the following scenarios:
a) Oil Demand Outlook – reference case, alternative demand scenario
b) Cumulative Installed Capacity & Power Generation Forecast – reference scenario, low carbon scenario 1 (high renewable energy), low carbon scenario 2 (high renewable energy & nuclear)
To date, we are updating the input data, harmonizing the conversion factors (gross heating value, density, efficiencies, BFOE per kWh, MTOE, etc) so that by giving the oil demand/consumption and the power generation mix (MW and GWh), the model will instantly calculate the resulting average levelized selling price (tariff) for the country and the GHG emission (mt CO2).
The model will also calculate its effectiveness (% reduction in tariff and % reduction in GHG emission) so as to guide the policy maker in refining his development scenario which he wants to analyze.
The model is therefore very intuitive – it gives immediately the climate change impact of the proposed policy and also gives an estimate in the change in power prices.
Alternatively, if we use Input-Output methods, the impact of the policy change that results in a power price disturbance will be also be predicted in advance as to its impact on the GDP and the price of other goods and services.
I hope that with this update, the respective speakers/reactors will confirm their attendance and preferred topics, as well as communicate with me and the technical team for any other data and information that they may need in preparing well for this historic event.
Regards to all,
MARCIAL T. OCAMPO
President, Winning Edge Lending Corporation
Energy Technology Selection & Business Development Consultant
Email: mars_ocampo@yahoo.com
Web: www.energytechnologyexpert.com
http://ph.linkedin.com/in/ocampomarcial
Tags: biomass, carbon emission reduction, climate change, conventional energy, energy, energy & climate change, energy cost, energy tariff, feed-in tariff, GHG emission, hydro, levelized tariff, mini hydro, nuclear energy, ocean thermal energy conversion, OTEC, power generation technology, renewable energy, run-of-river, solar, wind
Preparing for the future energy economy – low carbon, hydrogen, nuclear and breeder economy
Preparing for the future energy economy – low carbon, hydrogen, nuclear and breeder economy
The world’s ever growing population requires that massive energy and power projects be developed to keep pace with the socio-economic needs of the more technologically advanced offsprings of civilization.
Mankind has never seen before the exponential growth of energy demand as technological innovations lead to a more wired and electrically dependent society.
So the current scenario of a high carbon energy diet has raised alarm bells throughout the world and this is being relentlessly being pursued by no less than former US President Al Gore and the new “Inconvenient Truth”. More »
How to Calculate the Cost Impact of Nuclear Power Addition to the Energy Mix – a Philippine estimate
How to Calculate the Cost Impact of Nuclear Power Addition to the Energy Mix – a Philippine estimate
This is the 4th sequel to the 1st blog on “How to Calculate the Levelized Cost of Energy – a simplified approach”.
Using sample data and reasonable assumptions, I’ve calculated the potential reduction in the weighted average levelized cost of electricity in the energy mix of the Philippines should the mothballed 620 MW Bataan Nuclear Power Plant (BNPP) be revived and allowed to operate again after being in preservation mode since the early 1990’s. More »
Shall We Go Nuclear?
Shall We Go Nuclear?
Oil Crisis of 2008
The recent oil crisis which saw the rise of crude oil prices to a peak of $147 per barrel in the world market and its attendant effect on raising electricity prices in the Philippines at a rate higher than its competitor economies in the region has brought forth renewed calls to review policies relative to the development of the Philippine Nuclear Industry.
Revive the 600 MW BNPP?
In particular, attention has been directed toward reviving the mothballed 600 MW Bataan Nuclear Power Plant (BNPP) constructed by the National Power Corporation in the early 1980’s. In its desire to be part of the growing list of nuclear power generation nations in the world, the Philippines implemented a national agenda that included the construction of the 600 MW BNPP in tandem with the 300 MW Kalayaan Pumped Storage Hydro Plant in 1982. The pumped storage would serve as a dummy load of the nuclear plant during off-peak periods at night in order to allow for a constant and stable generation of 600 MW of nuclear power throughout the entire day. (In the absence of the “cheap” nuclear electricity, the Laguna Lake water is pumped uphill to Lake Caliraya at night using geothermal, coal and sometimes expensive oil-based electricity in order to have adequate baseload capacity during day-time peak hours.)
Numerous Issues Hounded the BNPP
Unfortunately, or for reasons only Providence could imagine, the BNPP has been hounded with controversy ranging from allegations of overprice and corruption in the construction of the power plant, unsafe plant location being near an inactive volcano (Mt. Natib), being located near an active fault, possible long-term environmental harm to the nearby residents and Luzon populace in the event of accidental release of radio active gases and materials arising from a nuclear accident, unsafe plant design (pressurized water reactor or PWR), expensive electricity arising from its high cost per kW due to overprice (one 600 MW plant for the cost of two 600 MW plants as originally conceived), and of course, how to economically and safely dispose of the spent nuclear fuel material, radioactive control rods and other materials exposed to high levels of radiation.
Large-Scale Project Finance Models
Large-Scale Project Finance Models:
- Oil Thermal Power Plant – 2,000 US$
- Pulverized Thermal Power Plant – 4,000 US$
- Advance Coal Thermal Power Plant – 6,000 US$
- Geothermal Power Plant – 8,000 US$
- Simple Gas Turbine Power Plant – 9,000 US$
- Combined Cycle Gas Turbine Power Plant – 10,000 US$
- Energy Storage Power Plant – 12,000 US$*
- Solar Thermal Power Plant – 14,000 US$*
- Fuel Cells Power Plant – 16,000 US$*
- Ocean Thermal Power Plant – 18,000 US$*
- Ocean Wave Power Plant – 20,000 US$*
- Tidal Power Plant – 22,000 US$*
- Nuclear Power Plant – 30,000 US$*
*Please inquire about payment options directly to me.
Contents:
1) Input (Assumption) Sheet
2) Report (Summary) Sheet
3) Project Cost Sheet (equipment cost, ocean freight, insurance, taxes & duties, brokerage & local shipping, erection & installation, land & right-of-way, project development & contract management, initial stocks & inventories, manpower mobilization & training, working capital, interest during construction, other capitalized expenses)
4) Construction Sheet (construction schedule, equity/loan drawdown, interest during construction)
5) Model Sheet (escalation of items, starting costs, capacity & degradation, heat rate & efficiency degradation, maintenance & overhaul scheduel, available hours, gross generation, plant use & net generation, transmission/distribution line constraints & losses, net electricity sales, revenue items, expense items, income statement, balance sheet, cash flow statement, project & equity IRR, project & equity payback, debt service cover ratio)
6) Depreciation Sheet (evolution of balance sheet accounts, working capital)
7) Loan Amortization Table (interest & principal repayment)
Tags: coal, cost, electricity, energy resources, energy sources, financial models, generator, geothermal, large hydro, nuclear energy, ocean thermal, ocean wave, oil and gas, oil thermal, power, power generation, power generation technologies, power generation technology, power plant, power plant design, power supply, renewable energy sources, renewable sources of electricity, renewable sources of energy, solar thermal, tidal
