The One Stop Place for All Power Generation Technology Summaries and Financial Models

September 25th, 2016 No Comments   Posted in power generation technologies

The One Stop Place for All Power Generation Technology Summaries and Financial Models

This is the one single place to research all your power generation and fuel cycle technology briefs (write-ups) and sample project finance models so that in due time, you will be an energy technology and power generation expert capable of writing feasibility studies backed up by economic and financial analysis to recommend the best technology and fuel solution to management.

Power Generation and Fuel Cycle Technologies – a mini-lecture series with power point presentation and excel project finance models

Your energy technology selection expert is beginning a lecture series on power generation and fuel cycle technologies. This will involve a discussion on the principles of the technology, its history, capital and operating costs, benefits and risks.

Objectives

1) To provide the participants a basic understanding of the following commercially available:

– fuel cycle technologies

– power generation technologies, and

– energy storage technologies

2) To know the basic principles, costs, environmental impact, risks and applicability of each of these technologies, and

3) To present the technology roadmap of each of these technologies to guide us in the near term (next 20 years – up to 2020) and in the long term (next 50 years – up to 2050)

The Past

o Introduction – what-is-electricity

o How is Electricity Generated – generation-of-electricity

o History of Power Generation – history-of-power-generation

o The Complete Electric Power System (base load, intermediate & peaking loads)

The Present

o Commercially Available Fuel Technologies, Power Generation Technologies, and Energy Storage Technologies –

commercially-available-fuel-cycle-technologies

o Primary Energy Sources – primary-energy-sources

o Fuel Properties – fuel-properties

o For the commercially available technologies:

– Basic Principles

– Costs

– Environmental Impact

– Associated Risks

– Applicability

COMMERCIALLY AVAILABLE POWER GENERATION TECHNOLOGIES:

The Future

o The Technology Roadmap: Vision, Portfolio, Approach, Global Drivers of Change, Cost of Not Yet Commercially Available Tech –

technology-roadmap

o The Near Term Fuel, Power Generation, and Energy Storage Technologies (up to 2020) –

near-term-energy-sources

o The Long Fuel, Power Generation, and Energy Storage Technologies (up to 2050) –

long-term-energy-sources

=========

The project finance models of the power generation technology selection expert are based on one model template; hence, the results are unique for the technology’s capital and operating costs, fuel properties and costs, energy conversion efficiency or heat rate, and energy resource availability and reliability.

The financial models are denominated in Philippine Pesos (PhP 47.00 = USD). You can easily convert to your own local currency by changing the base and forward fixed exchange rate (e.g. XXX 100.00 = USD, USD 1.00 = USD) and do a global replacement of all PhP with XXX currency.

SAMPLE PROJECT FINANCE MODELS:

Sample Project Finance Model

Here is a sample project finance model for a biomass thermal power plant that can be customized for your specific need: (Advanced regulator model)

adv-biomass-direct-combustion-model4-demo9

The same model above is also presented in just one worksheet (tab) so you would be able to understand better the structure of a project finance model: (OMT Energy Enterprises model)

omt-biomass-direct-combustion-model4-demo9

A sample non-thermal power plant (no fuel GHV and no fuel cost) can also be downloaded:

adv-mini-hydro-model3-demo5

A sample liquid fossil thermal power plant (with fuel GHV, fuel density and fuel cost) is also available:

adv-diesel-genset-model3-demo5

Email me if you need customization:

energydataexpert@gmail.com

You may order on-line any project finance model of any renewable, conventional, fossil, nuclear, combined heat and power, and energy storage power generation technologies by visiting this website:

www.energydataexpert.com

Or please visit this blog for any power generation technology article:

www.energytechnologyexpert.com

Regards,

The energy technology expert and financial modeling expert

=======

SAMPLE PROJECT FINANCE MODELS:

RENEWABLE ENERGY

adv-biomass-cogeneration-model3-demo5 – process heat (steam) and power

adv-biomass-direct-combustion-model3-demo5 – bagasse, rice husk or wood waste fired boiler steam turbine generator

adv-biomass-gasification-model3-demo5 – gasification (thermal conversion in high temperature without oxygen or air, pyrolysis)

adv-biomass-igcc-model3-demo5 – integrated gasification combined cycle (IGCC) technology

adv-biomass-wte-model3-demo5 – waste-to-energy (WTE) technology for municipal solid waste (MSW) disposal and treatment

adv-biomass-wte-model3-pyrolysis-demo5 – waste-to-energy (WTE) pyrolysis technology

adv-mini-hydro-model3-demo5 – run-of-river (mini-hydro) power plant

adv-concentrating-solar-power-csp-model3-demo5 – concentrating solar power (CSP) 400 MW

adv-solar-pv-1-mw-model3-demo5 – solar PV technology 1 MW Chinese

adv-solar-pv-25-mw-model3-demo5 – solar PV technology 25 MW European and Non-Chinese (Korean, Japanese, US)

adv-wind-onshore-model3-demo5 – includes 81 wind turbine power curves from onshore WTG manufacturers

adv-wind-offshore-model3-demo5 – includes 81 wind turbine power curves from  offshore WTG manufacturers

adv-ocean-thermal-model3_10-mw-demo5 – ocean thermal energy conversion (OTEC) technology 10 MW

adv-ocean-thermal-model3_50-mw-demo5 – ocean thermal energy conversion (OTEC) technology 50 MW

CONVENTIONAL, FOSSIL AND NUCLEAR ENERGY

adv-geo-thermal-model3-demo5 – geothermal power plant  100 MW

adv-large-hydro-model3-demo5 – large hydro power plant 500 MW

adv-coal-fired-cfb-thermal-model3_50-mw-demo5 – subcritical circulating fluidized bed (CFB) technology 50 MW

adv-coal-fired-cfb-thermal-model3_135-mw-demo5 – subcritical circulating fluidized bed (CFB) technology 135 MW

adv-coal-fired-pc-subcritical-thermal-model3-demo5 – subcritical pulverized coal (PC) technology 400 MW

adv-coal-fired-pc-supercritical-thermal-model3-demo5 – supercritical pulverized coal (PC) technology 500 MW

adv-coal-fired-pc-ultrasupercritical-thermal-model3-demo5 – ultrasupercritical pulverized coal (PC) technology 650 MW

adv-diesel-genset-model3-demo5 – diesel-fueled genset (compression ignition engine) technology 50 MW

adv-fuel-oil-genset-model3-demo5 – fuel oil (bunker oil) fired genset (compression ignition engine) technology 100 MW

adv-fuel-oil-thermal-model3-demo5 – fuel oil (bunker oil) fired oil thermal technology 600 MW

adv-natgas-combined-cycle-model3-demo5 – natural gas combined cycle gas turbine (CCGT) 500 MW

adv-natgas-simple-cycle-model3-demo5 – natural gas simple cycle (open cycle) gas turbine (OCGT) 70 MW

adv-natgas-thermal-model3-demo5 – natural gas thermal 200 MW

adv-petcoke-fired-pc-subcritical-thermal-model3-demo5 – petroleum coke (petcoke) fired subcritical thermal 220 MW

adv-nuclear-phwr-model3-demo5 – nuclear (uranium) pressurized heavy water reactor (PHWR) technology 1330 MW

WASTE HEAT RECOVERY BOILER (DIESEL genset; GASOLINE genset; PROPANE, LPG or NATURAL GAS simple cycle)

adv-coal-fired-cfb-thermal-model3_50-mw-chp-demo5 – combined heat and power (CHP)  circulating fluidized bed (CFB) technology 50 MW

adv-diesel-genset-and-waste-heat-boiler-model3-demo5 – diesel genset (diesel, gas oil) and waste heat recovery boiler 3 MW

adv-fuel-oil-genset-and-waste-heat-boiler-model3-demo5 – fuel oil (bunker) genset and waste heat recovery boiler 3 MW

adv-gasoline-genset-and-waste-heat-boiler-model3-demo5 – gasoline genset (gasoline, land fill gas) and waste heat recovery boiler 3 MW

adv-propane-simple-cycle-and-waste-heat-boiler-model3-demo5 – simple cycle GT (propane) and waste heat recovery boiler 3 MW (e.g. Capstone)

adv-simple-cycle-and-waste-heat-boiler-model3-demo5 – simple cycle GT (natural gas, land fill gas, LPG) and waste heat recovery boiler 3 MW (e.g. Capstone)

=========

Should you need the actual models (not demo) that could be revised for your own needs (additional revenue streams, additional expense accounts, additional balance sheet accounts, etc.), you may:

Email me:

energydataexpert@gmail.com

Visit me:

www.energydataexpert.com

www.energytechnologyexpert.com

THANK YOU

=======

 

Power Generation and Fuel Cycle Technologies – a Quick Guide to Energy Articles and Financial Modeling

July 9th, 2016 No Comments   Posted in cost of power generation

Power Generation and Fuel Cycle Technologies – a mini-lecture series with power point presentation and excel project finance models

Your energy technology selection expert is beginning a lecture series on power generation and fuel cycle technologies. This will involve a discussion on the principles of the technology, its history, capital and operating costs, benefits and risks.

Objectives

1) To provide the participants a basic understanding of the following commercially available:

– fuel cycle technologies

– power generation technologies, and

– energy storage technologies

2) To know the basic principles, costs, environmental impact, risks and applicability of each of these technologies, and

3) To present the technology roadmap of each of these technologies to guide us in the near term (next 20 years – up to 2020) and in the long term (next 50 years – up to 2050)

The Past

o Introduction – what-is-electricity

o How is Electricity Generated – generation-of-electricity

o History of Power Generation – history-of-power-generation

o The Complete Electric Power System (base load, intermediate & peaking loads)

The Present

o Commercially Available Fuel Technologies, Power Generation Technologies, and Energy Storage Technologies –

commercially-available-fuel-cycle-technologies

o Primary Energy Sources – primary-energy-sources

o Fuel Properties – fuel-properties

o For the commercially available technologies:

– Basic Principles

– Costs

– Environmental Impact

– Associated Risks

– Applicability

COMMERCIALLY AVAILABLE POWER GENERATION TECHNOLOGIES:

The Future

o The Technology Roadmap: Vision, Portfolio, Approach, Global Drivers of Change, Cost of Not Yet Commercially Available Tech –

technology-roadmap

o The Near Term Fuel, Power Generation, and Energy Storage Technologies (up to 2020) –

near-term-energy-sources

o The Long Fuel, Power Generation, and Energy Storage Technologies (up to 2050) –

long-term-energy-sources

=========

The project finance models of the power generation technology selection expert are based on one model template; hence, the results are unique for the technology’s capital and operating costs, fuel properties and costs, energy conversion efficiency or heat rate, and energy resource availability and reliability.

The financial models are denominated in Philippine Pesos (PhP 47.00 = USD). You can easily convert to your own local currency by changing the base and forward fixed exchange rate (e.g. XXX 100.00 = USD, USD 1.00 = USD) and do a global replacement of all PhP with XXX currency.

SAMPLE PROJECT FINANCE MODELS:

Sample Project Finance Model

Here is a sample project finance model for a biomass thermal power plant that can be customized for your specific need: (Advanced regulator model)

adv-biomass-direct-combustion-model4-demo9

The same model above is also presented in just one worksheet (tab) so you would be able to understand better the structure of a project finance model: (OMT Energy Enterprises model)

omt-biomass-direct-combustion-model4-demo9

A sample non-thermal power plant (no fuel GHV and no fuel cost) can also be downloaded:

adv-mini-hydro-model3-demo5

A sample liquid fossil thermal power plant (with fuel GHV, fuel density and fuel cost) is also available:

adv-diesel-genset-model3-demo5

Email me if you need customization:

energydataexpert@gmail.com

You may order on-line any project finance model of any renewable, conventional, fossil, nuclear, combined heat and power, and energy storage power generation technologies by visiting this website:

www.energydataexpert.com

Or please visit this blog for any power generation technology article:

www.energytechnologyexpert.com

Regards,

The energy technology expert and financial modeling expert

=======

SAMPLE PROJECT FINANCE MODELS:

RENEWABLE ENERGY

adv-biomass-cogeneration-model3-demo5 – process heat (steam) and power

adv-biomass-direct-combustion-model3-demo5 – bagasse, rice husk or wood waste fired boiler steam turbine generator

adv-biomass-gasification-model3-demo5 – gasification (thermal conversion in high temperature without oxygen or air, pyrolysis)

adv-biomass-igcc-model3-demo5 – integrated gasification combined cycle (IGCC) technology

adv-biomass-wte-model3-demo5 – waste-to-energy (WTE) technology for municipal solid waste (MSW) disposal and treatment

adv-biomass-wte-model3-pyrolysis-demo5 – waste-to-energy (WTE) pyrolysis technology

adv-mini-hydro-model3-demo5 – run-of-river (mini-hydro) power plant

adv-concentrating-solar-power-csp-model3-demo5 – concentrating solar power (CSP) 400 MW

adv-solar-pv-1-mw-model3-demo5 – solar PV technology 1 MW Chinese

adv-solar-pv-25-mw-model3-demo5 – solar PV technology 25 MW European and Non-Chinese (Korean, Japanese, US)

adv-wind-onshore-model3-demo5 – includes 81 wind turbine power curves from onshore WTG manufacturers

adv-wind-offshore-model3-demo5 – includes 81 wind turbine power curves from  offshore WTG manufacturers

adv-ocean-thermal-model3_10-mw-demo5 – ocean thermal energy conversion (OTEC) technology 10 MW

adv-ocean-thermal-model3_50-mw-demo5 – ocean thermal energy conversion (OTEC) technology 50 MW

CONVENTIONAL, FOSSIL AND NUCLEAR ENERGY

adv-geo-thermal-model3-demo5 – geothermal power plant  100 MW

adv-large-hydro-model3-demo5 – large hydro power plant 500 MW

adv-coal-fired-cfb-thermal-model3_50-mw-demo5 – subcritical circulating fluidized bed (CFB) technology 50 MW

adv-coal-fired-cfb-thermal-model3_135-mw-demo5 – subcritical circulating fluidized bed (CFB) technology 135 MW

adv-coal-fired-pc-subcritical-thermal-model3-demo5 – subcritical pulverized coal (PC) technology 400 MW

adv-coal-fired-pc-supercritical-thermal-model3-demo5 – supercritical pulverized coal (PC) technology 500 MW

adv-coal-fired-pc-ultrasupercritical-thermal-model3-demo5 – ultrasupercritical pulverized coal (PC) technology 650 MW

adv-diesel-genset-model3-demo5 – diesel-fueled genset (compression ignition engine) technology 50 MW

adv-fuel-oil-genset-model3-demo5 – fuel oil (bunker oil) fired genset (compression ignition engine) technology 100 MW

adv-fuel-oil-thermal-model3-demo5 – fuel oil (bunker oil) fired oil thermal technology 600 MW

adv-natgas-combined-cycle-model3-demo5 – natural gas combined cycle gas turbine (CCGT) 500 MW

adv-natgas-simple-cycle-model3-demo5 – natural gas simple cycle (open cycle) gas turbine (OCGT) 70 MW

adv-natgas-thermal-model3-demo5 – natural gas thermal 200 MW

adv-petcoke-fired-pc-subcritical-thermal-model3-demo5 – petroleum coke (petcoke) fired subcritical thermal 220 MW

adv-nuclear-phwr-model3-demo5 – nuclear (uranium) pressurized heavy water reactor (PHWR) technology 1330 MW

WASTE HEAT RECOVERY BOILER (DIESEL genset; GASOLINE genset; PROPANE, LPG or NATURAL GAS simple cycle)

adv-coal-fired-cfb-thermal-model3_50-mw-chp-demo5 – combined heat and power (CHP)  circulating fluidized bed (CFB) technology 50 MW

adv-diesel-genset-and-waste-heat-boiler-model3-demo5 – diesel genset (diesel, gas oil) and waste heat recovery boiler 3 MW

adv-fuel-oil-genset-and-waste-heat-boiler-model3-demo5 – fuel oil (bunker) genset and waste heat recovery boiler 3 MW

adv-gasoline-genset-and-waste-heat-boiler-model3-demo5 – gasoline genset (gasoline, land fill gas) and waste heat recovery boiler 3 MW

adv-propane-simple-cycle-and-waste-heat-boiler-model3-demo5 – simple cycle GT (propane) and waste heat recovery boiler 3 MW (e.g. Capstone)

adv-simple-cycle-and-waste-heat-boiler-model3-demo5 – simple cycle GT (natural gas, land fill gas, LPG) and waste heat recovery boiler 3 MW (e.g. Capstone)

=========

Should you need the actual models (not demo) that could be revised for your own needs (additional revenue streams, additional expense accounts, additional balance sheet accounts, etc.), you may:

Email me:

energydataexpert@gmail.com

Visit me:

www.energydataexpert.com

www.energytechnologyexpert.com

THANK YOU

=======

 

How to run the Advanced Project Finance Models from OMT (Renewable Energy and Non-RE)

June 24th, 2016 No Comments   Posted in project finance models

How to run the Advanced Project Finance Models from OMT (Renewable Energy and Non-RE)

Your energy and power expert and consultant on project development and project finance modeling has prepared a short guide for running the demo versions that are available by clicking on the links in some of the articles in this blog and profile.

FOR RENEWABLE ENERGY PROJECTS: More »

Black Saturday – Monday 50% Discount on Project Finance Models this Holiday Season (Nov – Dec 2015)

November 13th, 2015 No Comments   Posted in financial models

Black Saturday – Monday 50% Discount on Project Finance Models this Holiday Season (Nov – Dec 2015)

Dear Friends,

Hurry and take advantage of this 50% discount on all project finance models and energy technology articles.

Also, when you buy one renewable energy (RE) model, you will get another conventional, fossil or nuclear energy model for free.

BUY ONE TAKE ONE – my Christmas gift to the first 10 orders today.

This is a limited offer and please order now.

The first 10 to order now will get additional free-bees from your energy technology expert.

Use these project finance models for renewable energy technologies (biomass, mini-hydro, solar PV, wind, ocean thermal) as well as conventional,  fossil and nuclear energy technologies (diesel genset, oil thermal, coal thermal, gas thermal, geothermal, large hydro, PHWR, etc.). More »

ENERGY & CLIMATE CHANGE: A Complete Review of Power Generation Technologies and Impact on Climate Change

July 15th, 2010 5 Comments   Posted in energy & climate change

For:    ________________________ (name of suggested speaker/presentor, discussant/reactor, contributor/donor, exhibitor, participant)

From:  Marcial T. Ocampo

former Executive Director, Philippine Council for Industry & Energy Research & Development (PCIERD)

Department of Science & Technology (DoST)

Republic of the Philippines

Subject: Invitation to Conference on Energy & Climate Change as Speaker/Presentor, Discussant/Reactor, Contributor/Donor, Exhibitor, Participant (top management by invitation)

————————————-

Dear Sir/Madam:

In view of the need to provide stakeholders’ input into the development of a new energy strategy of the incoming administration of President Aquino towards sustainable development, I would like to invite you to solicit your interest and participation on the proposed conference on

ENERGY & CLIMATE CHANGE:  A Complete Review of Power Generation Technologies and Impact on Climate Change

Date: tentative September-October 2010

Venue: To be arranged More »

How to calculate power plant emissions – solution to problem of a reader

How to calculate power plant emissions – solution to problem of reader

Hi,

Please find on the next page a snippet of my spreadsheet showing the solution.  The model was calibrated to the above municipal solid fuel analysis at 80% excess air firing for combustion of municipal solid waste to meet the given SO2 emission of 15.75 mg/Nm3.

Assuming 26% thermal efficiency and given firing rate of 185,000 metric tons per year of 7018 hours (around 80% capacity factor), your plant must be generating over 52.41 MW of power with 9% plant own use (parasitic load assumed).

The fuel should have a sulfur analysis of 0.57% Sulfur (dry basis) in order to give such emission.

At 31.30% moisture in the wet fuel, this translates to 0.39% Sulfur (wet basis).

Once the sulfur in the wet fuel is known, the problem is solved:

kg SO2 per metric ton fuel (wet) = (0.39 / 100) x (mw of SO2 / mw of S) x (1000 kg / metric ton)

= (0.39 / 100) x (64.0648 / 32.0660) x (1000) = 7.806 kg SO2 per metric ton (tonne) of wet fuel More »

Philippine Renewable Energy News Bulletin 4 – September 19, 2009

September 20th, 2009 18 Comments   Posted in renewable energy

Philippine Renewable Energy News Bulletin 4 – September 19, 2009

The recent passage of the Philippine Renewable Energy (RE) Law and its Implementing Rules and Regulations (IRR) now clearly defines the legal and regulatory framework for renewable energy investment in the Philippines.  After almost a long 10 year wait, this important piece of legislation has passed deliberations in both chambers of the Philippine Congress and Senate and was signed into law by President Gloria.

(Please email for IRR – mars_ocampo@yahoo.com or energydataexpert@gmail.com) More »

Philippine Renewable Energy News Bulletin 3 – September 19, 2009

September 20th, 2009 1 Comment   Posted in renewable energy

Philippine Renewable Energy News Bulletin 3 – September 19, 2009

The passage of the Philippine Renewable Energy (RE) Law and its Implementing Rules and Regulations (IRR) is expected to promote the development of the renewable energy industry in the Philippines.  After almost a long 10 year wait, this important piece of legislation has passed deliberations in both chambers of the Philippine Congress and Senate and was signed into law by President Gloria Macapagal Arroyo.

(Please email me for download copy of RE Law – mars_ocampo@yahoo.com or energydataexpert@gmail.com) More »

Sample data for calculating the levelized cost of energy and electricity

SAMPLE DATA FOR CALCULATING THE LEVELIZED COST OF ENERGY AND ELECTRICITY

Your favorite energy technology expert presents sample data for calculating the levelized cost of energy and electricity which could be applied on the NREL formula or implemented in a detailed project finance model.

The input data are summarized below. More »

How to calculate overall thermal efficiency of combined cycle power plants – a sample CCGT presented

How to calculate overall thermal efficiency of combined cycle power plants – a sample CCGT presented

Calculating or predicting the overall performance of a combined cycle power plant, specifically a combined cycle gas turbine (CCGT) power plant is sometimes difficult for most design engineers. Your favorite energy technology expert again comes to the rescue – Engineer Marcial T. Ocampo – has derived the following equation to guide the design engineer and project finance modeler or business development engineer in predicting the overall thermal efficiency of the combined cycle. More »

How to calculate the levelized cost of energy – some updates

How to Calculate the Levelized Cost of Energy and Electricity – some updates and developments


The author is re-issuing this article in view of the tremendous interest worldwide on this article.  A number of readers have in fact ordered my technology articles, specifically on the cost of power generation technology (a spreadsheet containing the technology, rated capacity, overnight cost $/kW, capacity factor % of rated capacity, fixed O&M $/kW/year, variable O&M $/kWh, energy conversion efficiency % of fuel energy, fuel cost $/GJ, economic life years, construction lead time years, reliability % of operating hours, availability % of calendar days, and levelized cost $/kWh).


Using the NREL formula and a detailed project finance model, I was able to demonstrate that the results would be the same in calculating the levelized cost of energy or electricity.  The reader is adviced to email me if they would like to get a copy of the spreadsheet showing the two calculations.

With the passage of the Philippine Renewable Energy Act of 2009 (RE Law) and its implementing rules and regulations (IRR), it is imperative that financial models for renewable energy projects be revised accordingly.  This author and our group of experts would assist project proponents and investors in the Philippines develop an updated financial model for evaluating their RE project proposals for endorsement by the Department of Energy (DOE) and for the approval of their feed-in tariffs with the Energy Regulatory Commission (ERC). More »

Philippine Renewable Energy News Bulletin 1 & 2 – July 13-14, 2009

July 14th, 2009 2 Comments   Posted in renewable energy

Philippine Renewable Energy News Bulletin 1 – July 13, 2009

Your favorite energy technology expert is launching his maiden issue of Renewable Energy News to highlight recent developments arising from the passage of the Philippine Renewable Energy (RE) Law and its Implementing Rules and Regulations (IRR).  After almost a long 10 year wait, this important piece of legislation has passed deliberations in both chambers of the Philippine Congress and Senate and was signed into law by President Gloria Macapagal Arroyo. More »

How to Calculate Power Plant Emissions – a simplified procedure in a spreadsheet

PROCEDURE FOR CALCULATING POWER PLANT EMISSIONS

By: Marcial T. Ocampo

September 16, 2009

Basic steps:

1)         Input natural gas (fuel) analysis: % volume (same as % mol), molecular weights:

e.g. H2, CH4, C2H6, C3H8 … CO2, S, O2, N2, H2O moisture, ash.

2)         Convert % volume to ultimate analysis % mass or weight (%C, %H2, % S, % O2, %N2, %H2O moisture, ash)

3)         From the combustion equations;

C + O2 = CO2

S + O2 = S02

H2 + 1/2 O2 = H20

calculate the stoichiometric O2 in mols and lbs and that of N2 from air analysis. 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 »

Sample Levelized Cost of Energy – the cheapest and most expensive technology

Sample Levelized Cost of Energy – the cheapest and most expensive technology

As the third article of the  series on “How to Calculate the Levelized Cost of Energy”, the author is now ready to present the summary of levelized cost per technology group.  Please refer to the first article for the calculation formulas (US NREL and RP MTO) and the second article for the sample input data used in the calculations (rated capacity, overnight cost, fixed and variable O&M cost, fuel cost, efficiency, capacity factor, station use, taxes, economic life, etc.).

Levelized Cost by Technology Group (using RP MTO Formula)

The levelized cost for each technology of given rated capacity is given for the RP MTO formula (with taxes and depreciation).

Conventional Thermal Plants

Oil Thermal (fuel oil) – 300 MW, 0.1397 $/kWh

Orimulsion Thermal (orimulsion) – 100 MW, $0.1030 $/kWh

Gas Thermal (natural gas) – 100 MW, 0.0808 $/kWh

Pulverized Coal Thermal (coal) – 600 MW, 0.0665 $/kWh

Compression Ignition Engines

Reciprocating Diesel Engine (diesel, fuel oil) – 50 MW, 0.1605 $/kWh

Reciprocating Orimulsion Engine (orimulsion) – 50 MW, 0.1143 $/kWh

Gas Turbines (oil, natural gas)

Simple GT – 35 MW, 0.0755 $/kWh

Recuperated GT – 3 MW, 0.0739 $/kWh

Cascaded Humid Air Turbine (CHAT) – 11 MW, 0.0804 $/kWh

Cascaded Humid Air Turbine (CHAT) – 300 MW, 0.0584 $/kWh

Heavy Frame GT – 200 MW, 0.0875 $/kWh

Combined Cycle GT – 500 MW, 0.0607 $/kWh

More »

Cómo calcular el coste levelized de energía y de electricidad – muestree los datos y los cálculos

How to calculate the levelized cost of energy and electricity – sample data and calculations

As promised in my last blog “How to Calculate the Levelized Cost of Energy – a simplified approach”, I am sharing sample data, assumptions and calculations to provide our readers with greater understanding.

The author, your favorite Energy Technology Expert – Mr. Marcial T. Ocampo , has indeed invested tremendous time and resources to bring this blog to the world and the Philippines.

Should the reader/user find the materials, topics, technology briefs, energy data and formulas very useful and would like to continue receiving such useful information, Marcial would like to request the benefited reader to donate or sponsor the continued updating of this blog.

Please keep in touch with Marcial using the contact information at the end of this blog. There is no fixed amount. Marcial would leave it to the good reader the amount of donation he would like to contribute.

Alternatively, you could order the specific topics of interest and use PayPal to effect the payment. Delivery via email will follow for the ordered technology topic.

You could also retain me as consultant in your energy and business development projects and when bidding for NPC/PSALM power plants for sale in the Philippines. Our select group (technology expert, power plant expert, financial modeling expert and legal expert) will conduct a legal and technical due diligence of the power plant for sale, prepare the technical, economic and financial inputs to a detailed project finance model for estimating the value of the power plant. In this way, you will enhance the chance of your company winning the bid and start operating your own power plant in the Philippines. More »

How to Calculate the Levelized Cost of Energy – a simplified approach

How to Calculate the Levelized Cost of Energy – a simplified approach

Calculating the levelized cost of energy is a fundamental principle in the energy and power industry. It basically allows the comparison of various technologies of unequal life times and capacities without resorting to developing a full-blown project finance model.

This simplified approach is particularly appropriate when doing a rough estimate on the cost of electricity given the various technologies in a country. By applying the formula on each power plant, as if it is continuously replaced to provide incremental power to meet new incremental demand, it provides a good estimate on the cost of electricity had a new plant been constructed to replace the old plant that became obsolete.

The weighted average levelized cost for the country is then estimated by using the electricity generation of each technology as weighing factor. For instance, the effect of injecting a nuclear power plant into the generation mix will be estimated quickly so that the country’s average levelized cost of energy could be compared with its neighboring competitor countries having nuclear power. Applying the same set of formulas and cost factors for each technology will yield a good index on our country’s competitiveness with respect to power costs.

Various Power Generation Technologies

I am sharing with you my own list and classification of the various power generation technologies, both existing and future technologies, that taken as a whole, would supply the ever growing needs of the peoples of our mother earth.

Levelized Cost of Each Power Generation Technology

The only way power generation technologies could be compared with respect to cost is to calculate the levelized cost of energy over its economic life. This involves obtaining data on rated capacity kW, overnigh costs $/kW, fixed Operating & Maintenance cost $/kW/year, variable O&M cost $/kWh, efficiency % or plant heat rate kJ/kWh, economic life years, availability %, load factor % or capacity factor %, fuel cost $/GJ or $/kg or $/L, fuel Gross Heating Value kJ/kg or kJ/L, fuel density kg/L, and construction lead time years.

The levelized cost allows comparison of different power generation technologies of unequal economic life, capital cost, risk and returns, capacity factor, efficiencies or plant heat rate, fuel costs and construction lead times.

The basic formula used is based on the US NREL formula for the levelized cost of energy (net):

Net COE = ICC * CRF / AEPnet + (LLC + O&M + LRC + MOE) – PTC, in US $/kWh

where ICC = Initial Capital Cost (total debt), $

CRF = capital recovery factor, 1/yr = int / (1 – (1 + int)^-Life)

AEPnet = Net Annual Energy Production, kWh/yr (net of plant own use)

= (kW capacity) * (capacity factor) * (hours/year)

LLC = Land Lease Cost, $/kWh

O&M = Levelized Operating & Maintenance Expense, $/kWh

LRC = Levelized Replacement/Overhaul Cost, $/kWh

MOE = Miscellaneous Operating Expense, $/kWh

PTC = US Production Tax Credit, $/kWh

In the case of the Philippines where the effect of income tax and depreciation needs to be considered, the RP MTO formula developed by Engr. Marcial T. Ocampo is shown:

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Energy Technology Expert is also Project Finance and Financial Modeling Expert

Energy Technology Expert is also a Project Finance Modeling Expert.

He will help you provide data to set up your own business model for power plants, manufacturing plants and direct lending or lending investor business.

Here is my resume. More »

Energy Technology Expert – my expertise and services

Where to Get Assistance for Energy & Electricity Investment Opportunities in the Philippines

Marcial Ocampo provides a blog on issues and concerns regarding current and future fuel cycles and power generation technologies as they affect the environment, fuel supplies and power generation capacities, efficiency of utilization of fuel or energy resource, pollution & greenhouse gas emissions, and cost of power (overnight capital cost $/kW) and energy (levelized $/kWh).

He provides market, technical and economic feasibility studies and prepares project finance models for determining asset value (bid price), levelized price of energy or electricity, or equity returns (DCF IRR).

He is also familiar with investment opportunities in the Philippine energy and electricity sector (Philippine Energy Plan, Power Development Plan) and the regulatory framework (EPIRA and RE laws,  implementing rules and regulations, Distribution Code, Grid Code) for purchasing a power plant from PSALM/NPC or for putting up a new power plant (conventional, fossil or renewable).

He can guide you in securing incentives under the latest Philippine Renewable Energy (RE) law and its implementing rules and regulations (IRR).

In addition, he could guide you in securing the needed endorsement from the Philippine Department of Energy (DOE), permits and licenses from the Energy Regulatory Commission (ERC) and other government agencies (DTI, SEC, BIR, DENR, EMB, NWRB, PNRI, DOLE, NTC, BOC, PPA, ATO, PDEA, BOI, NCIP and LGUs) in order that the facility is duly licensed to operate as a power generation facility with an electricity tariff that is the “best new entrant” for the given location and application in order to balance the need of the customers for affordable electricity and the need of the investor to meet its investment return criteria.

Should you need assistance in preparing a project finance model and a feasibility study (market, technical, economic, financial) using Philippine oil, energy and electricity data, please don’t hesitate to contact Marcial.

email:    mars_ocampo@yahoo.com   and   energydataexpert@gmail.com

tel/fax: (632)-932-5530 More »

Is Advanced Clean Coal the Answer to our Global Power Problem?

Is Advanced Clean Coal Technology the Answer to our Global Power Problem?

Remaining Life of Fossil Fuels (oil, natural gas, coal)

Recent events have thrust lately renewed interest in “advanced clean coal” technologies to provide additional power generation capacity in view of dwindling and expensive oil supplies (remaining life 39 years), natural gas (61 years). World wide coal reserves are expected to last over 231 years (remaining life = reserves / extraction rate).

However, due to concerns arising from pollution (emission of sulfur as SO2, toxic ash and heavy metals) and climate change (emission of CO2 greenhouse gases), the utilization of coal for power generation has spurred researches leading to the development and commercialization of so called “advanced clean coal” technologies. More »