How to use the advanced (regulator) fuel oil genset power plant project finance model

July 23rd, 2017 No Comments   Posted in financial models

How to use the advanced (regulator) fuel oil genset power plant project finance model

Finding an easy-to-use project finance model for a fuel oil genset (low speed turbo charged) power plant with built-in data is sometimes difficult as some models don’t have the sophistication of a regulator template model as well as the ease of using the model and viewing immediately the results of a sensitivity change in the inputs to the model.

This is now made easy because the Input & Assumptions worksheet (tab) has combined all the input and output information in a single worksheet and placing the reports in other worksheets such as Tariff Breakdown, Construction Period, Operating Period, Financial Reports and Levelized Tariff.

Following is a sample case study on a fuel oil genset power plant. From the preliminary design and cost estimates, the top management would want to know if the business idea of going into fuel oil genset power development, construction and operation is worth the effort – is it feasible and what are the economic and financial returns for risking capital.

Here are the inputs and outputs of the advanced template model from OMT ENERGY ENTERPRISES:

——————————————————————————————-

Here are the summary of inputs:

all-in capital cost (overnight cost) = 1,363 $/kW (target cost)

EPC cost portion = 903 $/kW (computed by model)

refurbishment cost = 5% of EPC cost on the 10th year (overhaul)

fixed O&M cost = 25.30 $/kW/year (target cost) = 4,802.92 ‘000$/unit/year (computed by goal seek)

variable O&M cost = 36.16 $/MWh (target cost) = 165.27 ‘000$/MW/year (computed by goal seek)

general admin cost = 10.00 ‘000$/year (target cost)

 

Thermal power plant inputs:

Gross heating value of fuel oil genset fuel = 19,500 Btu/lb

Plant heat rate = 9,478 Btu/kWh (36.00% thermal efficiency)

Density of diesel fuel = 0.966 kg/Liter

Cost of fuel oil genset fuel = 25.00 PhP/Liter = 514.54 USD/MT

 

Lube oil consumption rate = 5.4 gram/kWh

Density of lube oil = 0.980 kg/Liter

Cost of lube oil = 200.00 PhP/Liter

 

capacity = 225.00 MW/unit x 1 unit = 225.00 MW

 

Plant Availability Factor, %                                    58.48% (computed by goal seek)

Load Factor, %                                                     95.00% (assumed)

llowance for losses & own use, %                       10.00% (assumed)

Net Capacity Factor after losses & own use, %    50.00% (target net capacity factor)

Degradation rate, %                                               0.5%

 

construction period = 24 months (start 2014)

operating period = 20 years (start 2016)

 

Capital cost estimation assumptions and % local cost (LC):

Power plant footprint (ha)                                   20.00

Cost of purchased land (PhP/sqm)                    25.00 (no land lease)

Land cost, $000 $99.41 100.0%
Equipment Cost ex BOP, Transport ($000/MW) $696.56 11.4%
Insurance, Ocean Freight, Local Transport, % of Equipment Cost 4.5% 100.0%
Balance of Plant (BOP), % of Equipment Cost 21.0% 100.0%
Transmission Line Distance (km) 10.00
T/L Cost per km, 69 kV ($000/km) $40.00 100.0%
Switchyard & Transformers ($000) $786.21 100.0%
Access Roads ($000/km) $181.82 100.0%
Distance of Access Road (km) 10.00
Dev’t & Other Costs (land, permits, etc) (% of EPC) 15.0% 100.0%
VAT on importation (70% recoverable) 12% 100.0%
Customs Duty 3% 100.0%
Initial Working Capital (% of EPC) 11.0% 100.0%
Contingency (% of Total Cost) 4.0% 49.2%

 

Capital cost breakdown (‘000$): (computed values)

Uses of Fund:
   Land Cost $99
   EPC (Equipment, Balance of Plant, Transport) $196,692
   Transmission Line Interconnection Facility $400
   Sub-Station Facility $786
   Development & Other Costs (Civil Works, Customs Duty) $36,568
   Construction Contingency $9,168
   Value Added Tax $17,229
   Financing Costs $24,011
   Initial Working Capital $21,636
Total Uses of Fund – $000 $306,591
                                 – PhP 000 15,420,619
Sources of Fund:
   Debt $214,613
   Equity $91,977
Total Sources of Fund $306,591

 

Local and Foreign Cost Components (from individual cost item):

Local Capital = 49 %

Foreign Capital = 51 %

 

Balance Sheet Accounts:

Receivables = 30 days of revenue

Payables    = 30 days of expenses

Inventory    = 60 days of consumables

 

Imported Capital Equipment: (fossil fuel)

Customs duty = 3%

Value added tax (VAT) = 12%

VAT recovery = 0% on 5th year of operation

 

Type of input / output VAT = 1 (with VAT)

Type of incentives = 1 (NO incentives)

 

Tax Assumptions:

Income Tax Holiday (yrs) 0
Income Tax Rate % (after ITH) 30%
Property tax (from COD) 2.0%
Property tax valuation rate (% of NBV) 80%
Local Business Tax 1.0%
Government Share (from COD) 0.0%
ER 1-94 Contribution (PhP/kWh) 0.01
Withholding Tax on Interest (Foreign Currency) – WHT 10%
Gross Receipts Tax on Interest (Local Currency) – GRT 1%
Documentary Stamps Tax (DST) 0.5%
PEZA Incentives (% of gross income) – 0% / 5% 0%
Royalty 0%

 

Capital Structure:

Equity Share = 30% at 14.00% p.a. target equity returns (IRR)

Debt Share = 70% (49% local, 51% foreign)

 

Debt Terms:

Local & Foreign Upfront & Financing Fees 2.00%
Local & Foreign Commitment Fees 0.50%
Local All-in Interest Rate excluding tax 10.00%
Local Debt Payment Period (from end of GP) (yrs) 10
Foreign All-in Interest Rate excluding tax 8.00%
Foreign Debt Payment Period (from end of GP) (yrs) 10
Local and Foreign Grace Period from COD (mos) 6
Local and Foreign debt Service Reserve (mos) 6

 

Foreign Exchange Rate:

Base Foreign Exchange Rate (PhP/US$) – 2013            48.0000 (construction)

Forward Fixed Exchange Rate (PhP/US$) – 2014           50.2971 (operating)

 

Escalation (CPI):

Annual Local CPI – for OPEX      0.0%            4.0%     for CAPEX (to model construction delay)

Annual US CPI – for OPEX           0.0%            2.0%     for CAPEX (to model construction delay)

 

Results of Financial Analysis:

 

First year tariff (Feed-in-Tariff) = 11.49898 P/kWh = 0.22862 USD/kWh

(at zero equity NPV)

 

Short run marginal cost (SRMC) and Long run marginal cost (LRMC)

Item PhP 000 PhP/kWh
Fuel      119,021,185 6.33976
Lubes              22,988 0.00122
Var O&M        37,918,162 2.01974
Total      156,962,336 8.36072
MWh net        18,773,775
SRMC      156,962,336 8.36072
Fix O&M        10,497,977 0.55918
Capital Cost        48,418,877 2.57907
LRMC      215,879,190 11.49898

 

 

Equity Returns: (30% equity, 70% debt)

IRR          = 14.00    % p.a. (target returns)

NPV        = 0.00     ‘000$

PAYBACK = 9.52    years

 

Project Returns: (100% equity, 0% debt)

IRR          = 11.70           % p.a.

NPV        = (1,847,006)  ‘000$ (negative since IRR < 14.00%)

PAYBACK = 7.07           years

——————————————————————————————-

The above runs were based on goal-seek to make equity NPV = 0 (to meet equity IRR target of 14.00% p.a.).

You can perform sensitivity analysis and save the results in a case column (copy paste value).

You can breakdown the tariff ($/kWh) into its capital ($/kW-month) and variable cost recovery ($/kWh) portions.

You can prepare all-in capital cost breakdown showing interest cost during construction and does model the impact of project construction delays.

You can show the evolution of capacity and generation (degradation) during the operating period and show other revenues, expenses and balance sheet accounts as they change over time during operation years.

You can show the income & expense statement.

You can show the cash flow statement.

You can show the balance sheet.

You can show the debt service cover ratio (DSCR) as it computes the cash flow available for debt service.

It also computes the benefits to cost ratio (B/C) of the project.

Finally, it computes the other financial ratios such as:

LIQUIDITY RATIOS

SOLVENCY RATIOS

EFFICIENCY RATIOS

PROFITABILITY RATIOS

MARKET PROSPECT RATIOS

 

Download the sample file below:

Model Inputs and Results – Fuel Oil Genset

 

Download the complete demo model for a fuel oil genset power plant in PHP and USD currencies are shown below:

ADV Fuel Oil Genset Model3 – demo5b

ADV Fuel Oil Genset Model3 (USD) – demo5b

If you have actual data from your OEM and EPC suppliers, kindly share the data with me or simply enter your live data into the above models and see how the results will change immediately before your eyes. Please email me back the updated demo model with your new data so you may share it will all our readers of this blog.

 

To purchase the PHP and USD models at a discount, click the link below:

CI Fuel Oil Genset 225 mw Power Project Finance Model Ver. 3 in USD and PHP Currency

 

You may place your order now and avail of a package for the unlocked model and I will give you one-hour free for assistance in putting your input data into the model (via telephone or email or FB messenger).

Your energy technology selection expert.

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

How to use the advanced (regulator) diesel genset power plant project finance model

July 22nd, 2017 No Comments   Posted in financial models

How to use the advanced (regulator) diesel genset power plant project finance model

Finding an easy-to-use project finance model for a diesel genset power plant with built-in data is sometimes difficult as some models don’t have the sophistication of a regulator template model as well as the ease of using the model and viewing immediately the results of a sensitivity change in the inputs to the model.

This is now made easy because the Input & Assumptions worksheet (tab) has combined all the input and output information in a single worksheet and placing the reports in other worksheets such as Tariff Breakdown, Construction Period, Operating Period, Financial Reports and Levelized Tariff.

Following is a sample case study on a diesel genset power plant. From the preliminary design and cost estimates, the top management would want to know if the business idea of going into diesel genset power development, construction and operation is worth the effort – is it feasible and what are the economic and financial returns for risking capital.

Here are the inputs and outputs of the advanced template model from OMT ENERGY ENTERPRISES:

——————————————————————————————-

Here are the summary of inputs:

all-in capital cost (overnight cost) = 1,040 $/kW (target cost)

EPC cost portion = 585 $/kW (computed by model)

refurbishment cost = 5% of EPC cost on the 10th year (overhaul)

fixed O&M cost = 10.73 $/kW/year (target cost) = 204.08 ‘000$/unit/year (computed by goal seek)

variable O&M cost = 33.28 $/MWh (target cost) = 111.79 ‘000$/MW/year (computed by goal seek)

general admin cost = 10.00 ‘000$/year (target cost)

 

Thermal power plant inputs:

Gross heating value of diesel genset fuel = 18,600 Btu/lb

Plant heat rate = 10,663 Btu/kWh (32.00% thermal efficiency)

Density of diesel fuel = 0.845 kg/L

Cost of diesel genset fuel = 30.00 PhP/L = 705.86 USD/MT

 

Lube oil consumption rate = 5.4 gram/kWh

Density of lube oil = 0.980 kg/Liter

Cost of lube oil = 200.00 PhP/Liter

 

capacity = 25.00 MW/unit x 1 unit = 25.00 MW

 

Plant Availability Factor, %                                    40.82% (computed by goal seek)

Load Factor, %                                                     100.00% (assumed)

Allowance for losses & own use, %                         2.00% (assumed)

Net Capacity Factor after losses & own use, %    40.00% (target net capacity factor)

Degradation rate, %                                               0.5%

 

construction period = 24 months (start 2014)

operating period = 20 years (start 2016)

 

Capital cost estimation assumptions and % local cost (LC):

Power plant footprint (ha)                                   10.00

Cost of purchased land (PhP/sqm)                    25.00 (no land lease)

Equipment Cost ex BOP, Transport ($000/MW) $465.76 11.4%
Insurance, Ocean Freight, Local Transport, % of Equipment Cost 4.5% 100.0%
Balance of Plant (BOP), % of Equipment Cost 21.0% 100.0%
Transmission Line Distance (km) 10.00
T/L Cost per km, 69 kV ($000/km) $40.00 100.0%
Switchyard & Transformers ($000) $786.21 100.0%
Access Roads ($000/km) $181.82 100.0%
Distance of Access Road (km) 10.00
Dev’t & Other Costs (land, permits, etc) (% of EPC) 15.0% 100.0%
VAT on importation (70% recoverable) 12% 100.0%
Customs Duty 3% 100.0%
Initial Working Capital (% of EPC) 11.0% 100.0%
Contingency (% of Total Cost) 4.0% 55.4%

 

Capital cost breakdown (‘000$): (computed values)

Uses of Fund:
   Land Cost $50
   EPC (Equipment, Balance of Plant, Transport) $14,613
   Transmission Line Interconnection Facility $400
   Sub-Station Facility $786
   Development & Other Costs (Civil Works, Customs Duty) $4,400
   Construction Contingency $792
   Value Added Tax $1,281
   Financing Costs $2,052
   Initial Working Capital $1,607
Total Uses of Fund – $000 $25,982
                                 – PhP 000 1,306,832
Sources of Fund:
   Debt $18,188
   Equity $7,795
Total Sources of Fund $25,982

 

Local and Foreign Cost Components (from individual cost item):

Local Capital = 55 %

Foreign Capital = 45 %

 

Balance Sheet Accounts:

Receivables = 30 days of revenue

Payables    = 30 days of expenses

Inventory    = 120 days of consumables

 

Imported Capital Equipment: (fossil fuel)

Customs duty = 0%

Value added tax (VAT) = 0%

VAT recovery = 0% on 5th year of operation

 

Type of input / output VAT = 1 (with VAT)

Type of incentives = 1 (NO incentives)

 

Tax Assumptions:

Income Tax Holiday (yrs) 0
Income Tax Rate % (after ITH) 30%
Property tax (from COD) 2.0%
Property tax valuation rate (% of NBV) 80%
Local Business Tax 1.0%
Government Share (from COD) 0.0%
ER 1-94 Contribution (PhP/kWh) 0.01
Withholding Tax on Interest (Foreign Currency) – WHT 10%
Gross Receipts Tax on Interest (Local Currency) – GRT 1%
Documentary Stamps Tax (DST) 0.5%
PEZA Incentives (% of gross income) – 0% / 5% 0%
Royalty 0%

 

Capital Structure:

Equity Share = 30% at 14.00% p.a. target equity returns (IRR)

Debt Share = 70% (55% local, 45% foreign)

 

Debt Terms:

Local & Foreign Upfront & Financing Fees 2.00%
Local & Foreign Commitment Fees 0.50%
Local All-in Interest Rate excluding tax 10.00%
Local Debt Payment Period (from end of GP) (yrs) 10
Foreign All-in Interest Rate excluding tax 8.00%
Foreign Debt Payment Period (from end of GP) (yrs) 10
Local and Foreign Grace Period from COD (mos) 6
Local and Foreign debt Service Reserve (mos) 6

 

Foreign Exchange Rate:

Base Foreign Exchange Rate (PhP/US$) – 2013            48.0000 (construction)

Forward Fixed Exchange Rate (PhP/US$) – 2014           50.2971 (operating)

 

Escalation (CPI):

Annual Local CPI – for OPEX      0.0%            4.0%     for CAPEX (to model construction delay)

Annual US CPI – for OPEX           0.0%            2.0%     for CAPEX (to model construction delay)

 

Results of Financial Analysis:

 

First year tariff (Feed-in-Tariff) = 14.26954 P/kWh = 0.28371 USD/kWh

(at zero equity NPV)

 

Short run marginal cost (SRMC) and Long run marginal cost (LRMC)

Item PhP 000 PhP/kWh
Fuel        15,720,785 9.42053
Lubes                1,877 0.00112
Var O&M          2,848,052 1.70667
Total        18,570,714 11.12832
MWh net          1,668,780
SRMC        18,570,714 11.12832
Fix O&M            741,261 0.44419
Capital Cost          4,500,753 2.69703
LRMC        23,812,727 14.26954

 

Equity Returns: (30% equity, 70% debt)

IRR          = 14.00    % p.a. (target returns)

NPV        = 0.00    ‘000$

PAYBACK = 10.12    years

 

Project Returns: (100% equity, 0% debt)

IRR          = 11.35        % p.a.

NPV        = (201,064)  ‘000$ (negative since IRR < 14.00%)

PAYBACK = 7.50        years

——————————————————————————————-

The above runs were based on goal-seek to make equity NPV = 0 (to meet equity IRR target of 14.00% p.a.).

You can perform sensitivity analysis and save the results in a case column (copy paste value).

You can breakdown the tariff ($/kWh) into its capital ($/kW-month) and variable cost recovery ($/kWh) portions.

You can prepare all-in capital cost breakdown showing interest cost during construction and does model the impact of project construction delays.

You can show the evolution of capacity and generation (degradation) during the operating period and show other revenues, expenses and balance sheet accounts as they change over time during operation years.

You can show the income & expense statement.

You can show the cash flow statement.

You can show the balance sheet.

You can show the debt service cover ratio (DSCR) as it computes the cash flow available for debt service.

It also computes the benefits to cost ratio (B/C) of the project.

Finally, it computes the other financial ratios such as:

LIQUIDITY RATIOS

SOLVENCY RATIOS

EFFICIENCY RATIOS

PROFITABILITY RATIOS

MARKET PROSPECT RATIOS

 

Download the sample file below:

Model Inputs and Results – Diesel Genset

 

Download the complete demo model for a diesel genset power plant in PHP and USD currencies are shown below:

ADV Diesel Genset Model3 – demo5b

ADV Diesel Genset Model3 (USD) – demo5b

If you have actual data from your OEM and EPC suppliers, kindly share the data with me or simply enter your live data into the above models and see how the results will change immediately before your eyes. Please email me back the updated demo model with your new data so you may share it will all our readers of this blog.

 

To purchase the PHP and USD models at a discount, click the link below:

CI Diesel Genset 50 mw Power Project Finance Model Ver. 3 – in USD and PHP Currency

 

You may place your order now and avail of a package for the unlocked model with free guidance on using it. The list price of the diesel genset model is USD1,400 and I will give you one-hour free for assistance in putting your input data into the model (via telephone or email or FB messenger).

Your energy technology selection expert.

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

How to use the advanced (regulator) coal-fired PC ULTRASUPERCRITICAL power plant project finance model

July 21st, 2017 No Comments   Posted in financial models

How to use the advanced (regulator) coal-fired PC ULTRASUPERCRITICAL power plant project finance model

Finding an easy-to-use project finance model for a coal-fired PC ULTRASUPERCRITICAL power plant with built-in data is sometimes difficult as some models don’t have the sophistication of a regulator template model as well as the ease of using the model and viewing immediately the results of a sensitivity change in the inputs to the model.

This is now made easy because the Input & Assumptions worksheet (tab) has combined all the input and output information in a single worksheet and placing the reports in other worksheets such as Tariff Breakdown, Construction Period, Operating Period, Financial Reports and Levelized Tariff.

Following is a sample case study on a coal-fired PC ULTRASUPERCRITICAL power plant. From the preliminary design and cost estimates, the top management would want to know if the business idea of going into coal-fired PC ULTRASUPERCRITICAL power development, construction and operation is worth the effort – is it feasible and what are the economic and financial returns for risking capital.

Here are the inputs and outputs of the advanced template model from OMT ENERGY ENTERPRISES:

——————————————————————————————-

Here are the summary of inputs:

all-in capital cost (overnight cost) = 2,934 $/kW (target cost)

EPC cost portion = 1,840 $/kW (computed by model)

refurbishment cost = 5% of EPC cost on the 12th year (overhaul)

fixed O&M cost = 31.18 $/kW/year (target cost) = 16,077.32 ‘000$/unit/year (computed by goal seek)

variable O&M cost = 4.47 $/MWh (target cost) = 32.24 ‘000$/MW/year (computed by goal seek)

general admin cost = 371.00 ‘000$/year (target cost)

 

Thermal power plant inputs:

Gross heating value of coal-fired fuel = 10,000 Btu/lb

Plant heat rate = 7,816 Btu/kWh (43.66% thermal efficiency)

Cost of coal-fired fuel = 85.00 $/MT = 4,275 PhP/MT = 4.275 PhP/kg

 

Lube oil consumption rate = 5.4 gram/kWh

Density of lube oil = 0.980 kg/Liter

Cost of lube oil = 200.00 PhP/Liter

 

capacity = 650.00 MW/unit x 1 unit = 650.00 MW

 

Plant Availability Factor, %                                     96.37% (computed by goal seek)

Load Factor, %                                                           98.00% (assumed)

Allowance for losses & own use, %                       10.00% (assumed)

Net Capacity Factor after losses & own use, %    85.00% (target net capacity factor)

Degradation rate, %                                                  0.2%

 

construction period = 36 months (start 2014)

operating period = 25 years (start 2017)

 

Capital cost estimation assumptions and % local cost (LC):

Power plant footprint (ha)                                   50.00

Cost of purchased land (PhP/sqm)                    25.00 (no land lease)

Land cost, $000 $248.52 100.0%
Equipment Cost ex BOP, Transport ($000/MW) $1,466.50 11.4%
Insurance, Ocean Freight, Local Transport, % of Equipment Cost 4.5% 100.0%
Balance of Plant (BOP), % of Equipment Cost 21.0% 100.0%
Transmission Line Distance (km) 10.00
T/L Cost per km, 69 kV ($000/km) $40.00 100.0%
Switchyard & Transformers ($000) $786.21 100.0%
Access Roads ($000/km) $181.82 100.0%
Distance of Access Road (km) 10.00
Dev’t & Other Costs (land, permits, etc) (% of EPC) 15.0% 100.0%
VAT on importation (70% recoverable) 12% 100.0%
Customs Duty 3% 100.0%
Initial Working Capital (% of EPC) 11.0% 100.0%
Contingency (% of Total Cost) 4.0% 48.7%

 

Capital cost breakdown (‘000$): (computed values)

Uses of Fund:
   Land Cost $249
   EPC (Equipment, Balance of Plant, Transport) $1,196,298
   Transmission Line Interconnection Facility $400
   Sub-Station Facility $786
   Development & Other Costs (Civil Works, Customs Duty) $213,159
   Construction Contingency $55,150
   Value Added Tax $104,742
   Financing Costs $204,730
   Initial Working Capital $131,593
Total Uses of Fund – $000 $1,907,107
                                 – PhP 000 95,921,933
Sources of Fund:
   Debt $1,334,975
   Equity $572,132
Total Sources of Fund $1,907,107

 

Local and Foreign Cost Components (from individual cost item):

Local Capital = 49 %

Foreign Capital = 51 %

 

Balance Sheet Accounts:

Receivables = 30 days of revenue

Payables    = 30 days of expenses

Inventory    = 120 days of consumables

 

Imported Capital Equipment:

Customs duty = 0%

Value added tax (VAT) = 12%

VAT recovery = 70% on 5th year of operation

 

Type of input / output VAT = 1 (with VAT)

Type of incentives = 1 (NO incentives)

 

Tax Assumptions:

Income Tax Holiday (Yrs) 0
Income Tax Rate % (after ITH) 30%
Property tax (from COD) 2.0%
Property tax valuation rate (% of NBV) 80%
Local Business Tax 1.0%
Government Share (from COD) 0.0%
ER 1-94 Contribution (PhP/kWh) 0.01
Withholding Tax on Interest (Foreign Currency) – WHT 10%
Gross Receipts Tax on Interest (Local Currency) – GRT 1%
Documentary Stamps Tax (DST) 0.5%
PEZA Incentives (% of gross income) 0%
Royalty 0%

 

Capital Structure:

Equity Share = 30% at 14.00% p.a. target equity returns (IRR)

Debt Share = 70% (49% local, 51% foreign)

 

Debt Terms:

Local & Foreign Upfront & Financing Fees 2.00%
Local & Foreign Commitment Fees 0.50%
Local All-in Interest Rate excluding tax 10.00%
Local Debt Payment Period (from end of GP) (Yrs) 10
Foreign All-in Interest Rate excluding tax 8.00%
Foreign Debt Payment Period (from end of GP) (Yrs) 10
Local and Foreign Grace Period from COD (mos) 6
Local and Foreign debt Service Reserve (mos) 6

 

Foreign Exchange Rate:

Base Foreign Exchange Rate (PhP/US$) – 2013            48.0000 (construction)

Forward Fixed Exchange Rate (PhP/US$) – 2014           50.2971 (operating)

 

Escalation (CPI):

Annual Local CPI – for OPEX      0.0%            4.0%     for CAPEX (to model construction delay)

Annual US CPI – for OPEX           0.0%            2.0%     for CAPEX (to model construction delay)

 

Results of Financial Analysis:

 

First year tariff (Feed-in-Tariff) = 5.74924 P/kWh = 0.11431 USD/kWh

(at zero equity NPV)

 

Short run marginal cost (SRMC) and Long run marginal cost (LRMC)

Item PhP 000 PhP/kWh
Fuel      198,884,219 1.684
Lubes            144,604 0.001
Var O&M        29,356,222 0.249
Total      228,385,045 1.934
MWh net      118,093,560
SRMC      228,385,045 1.934
Fix O&M        52,911,312 0.448
Capital Cost      397,652,284 3.367
LRMC     678,948,641 5.749

 

Equity Returns: (30% equity, 70% debt)

IRR          = 14.00    % p.a. (target returns)

NPV        = 0.00    ‘000$

PAYBACK = 9.65    years

 

Project Returns: (100% equity, 0% debt)

IRR          = 11.54        % p.a.

NPV        = (12,686,011)  ‘000$ (negative since IRR < 14.00%)

PAYBACK = 7.10        years

——————————————————————————————-

The above runs were based on goal-seek to make equity NPV = 0 (to meet equity IRR target of 14.00% p.a.).

You can perform sensitivity analysis and save the results in a case column (copy paste value).

You can breakdown the tariff ($/kWh) into its capital ($/kW-month) and variable cost recovery ($/kWh) portions.

You can prepare all-in capital cost breakdown showing interest cost during construction and does model the impact of project construction delays.

You can show the evolution of capacity and generation (degradation) during the operating period and show other revenues, expenses and balance sheet accounts as they change over time during operation years.

You can show the income & expense statement.

You can show the cash flow statement.

You can show the balance sheet.

You can show the debt service cover ratio (DSCR) as it computes the cash flow available for debt service.

It also computes the benefits to cost ratio (B/C) of the project.

Finally, it computes the other financial ratios such as:

LIQUIDITY RATIOS

SOLVENCY RATIOS

EFFICIENCY RATIOS

PROFITABILITY RATIOS

MARKET PROSPECT RATIOS

 

Download the sample file below

Model Inputs and Results – PC ultrasupercritical

 

Download the complete demo model for a coal-fired PC ULTRASUPERCRITICAL power plant in PHP and USD currencies are shown below:

ADV Coal-Fired PC Ultrasupercritical Thermal Model3 – demo5b

ADV Coal-Fired PC Ultrasupercritical Thermal Model3 (USD) – demo5b

If you have actual data from your OEM and EPC suppliers, kindly share the data with me or simply enter your live data into the above models and see how the results will change immediately before your eyes. Please email me back the updated demo model with your new data so you may share it will all our readers of this blog.

 

To purchase the PHP and USD models at a discount, click the link below:

PC Ultrasupercritical 650 mw Power Project Finance Model Ver. 3 – in USD and PHP Currency

 

You may place your order now and avail of a package for the unlocked model with free guidance on using it. The list price of the coal-fired PC ULTRASUPERCRITICAL model is USD1,400 and I will give you one-hour free for assistance in putting your input data into the model (via telephone or email or FB messenger).

 

Your energy technology selection expert.

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

How to use the advanced (regulator) coal-fired PC SUPERCRITICAL power plant project finance model

July 21st, 2017 No Comments   Posted in financial models

How to use the advanced (regulator) coal-fired PC SUPERCRITICAL power plant project finance model

Finding an easy-to-use project finance model for a coal-fired PC SUPERCRITICAL power plant with built-in data is sometimes difficult as some models don’t have the sophistication of a regulator template model as well as the ease of using the model and viewing immediately the results of a sensitivity change in the inputs to the model.

This is now made easy because the Input & Assumptions worksheet (tab) has combined all the input and output information in a single worksheet and placing the reports in other worksheets such as Tariff Breakdown, Construction Period, Operating Period, Financial Reports and Levelized Tariff.

Following is a sample case study on a coal-fired PC SUPERCRITICAL power plant. From the preliminary design and cost estimates, the top management would want to know if the business idea of going into coal-fired PC SUPERCRITICAL power development, construction and operation is worth the effort – is it feasible and what are the economic and financial returns for risking capital.

Here are the inputs and outputs of the advanced template model from OMT ENERGY ENTERPRISES:

——————————————————————————————-

Here are the summary of inputs:

all-in capital cost (overnight cost) = 3,246 $/kW (target cost)

EPC cost portion = 2,034 $/kW (computed by model)

refurbishment cost = 5% of EPC cost on the 12th year (overhaul)

fixed O&M cost = 37.80 $/kW/year (target cost) = 12,269.05 ‘000$/unit/year (computed by goal seek)

variable O&M cost = 4.47 $/MWh (target cost) = 32.66 ‘000$/MW/year (computed by goal seek)

general admin cost = 590.00 ‘000$/year (target cost)

 

Thermal power plant inputs:

Gross heating value of coal-fired PC SUPERCRITICAL fuel = 10,000 Btu/lb

Plant heat rate = 8,816 Btu/kWh (38.70% thermal efficiency)

Cost of coal-fired PC SUPERCRITICAL fuel = 85.00 $/MT = 4,275 PhP/MT = 4.275 PhP/kg

 

Lube oil consumption rate = 5.4 gram/kWh

Density of lube oil = 0.980 kg/Liter

Cost of lube oil = 200.00 PhP/Liter

 

capacity = 400.00 MW/unit x 1 unit = 400.00 MW

 

Plant Availability Factor, %                                     99.58% (computed by goal seek)

Load Factor, %                                                           97.00% (assumed)

Allowance for losses & own use, %                       12.00% (assumed)

Net Capacity Factor after losses & own use, %    85.00% (target net capacity factor)

Degradation rate, %                                                  0.2%

 

construction period = 36 months (start 2013)

operating period = 25 years (start 2016)

 

Capital cost estimation assumptions and % local cost (LC):

Power plant footprint (ha)                                   30.00

Cost of purchased land (PhP/sqm)                    25.00 (no land lease)

Land cost, $000 $149.11 100.0%
Equipment Cost ex BOP, Transport ($000/MW) $1,621.01 11.4%
Insurance, Ocean Freight, Local Transport, % of Equipment Cost 4.5% 100.0%
Balance of Plant (BOP), % of Equipment Cost 21.0% 100.0%
Transmission Line Distance (km) 10.00
T/L Cost per km, 69 kV ($000/km) $40.00 100.0%
Switchyard & Transformers ($000) $786.21 100.0%
Access Roads ($000/km) $181.82 100.0%
Distance of Access Road (km) 10.00
Dev’t & Other Costs (land, permits, etc) (% of EPC) 15.0% 100.0%
VAT on importation (70% recoverable) 12% 100.0%
Customs Duty 3% 100.0%
Initial Working Capital (% of EPC) 11.0% 100.0%
Contingency (% of Total Cost) 4.0% 48.8%

 

Capital cost breakdown (‘000$): (computed values)

Uses of Fund:
   Land Cost $149
   EPC (Equipment, Balance of Plant, Transport) $813,749
   Transmission Line Interconnection Facility $400
   Sub-Station Facility $786
   Development & Other Costs (Civil Works, Customs Duty) $145,586
   Construction Contingency $37,553
   Value Added Tax $71,274
   Financing Costs $139,390
   Initial Working Capital $89,512
Total Uses of Fund – $000 $1,298,400
                                 – PhP 000 65,305,755
Sources of Fund:
   Debt $908,880
   Equity $389,520
Total Sources of Fund $1,298,400

 

Local and Foreign Cost Components (from individual cost item):

Local Capital = 49 %

Foreign Capital = 51 %

 

Balance Sheet Accounts:

Receivables = 30 days of revenue

Payables    = 30 days of expenses

Inventory    = 120 days of consumables

 

Imported Capital Equipment:

Customs duty = 0%

Value added tax (VAT) = 12%

VAT recovery = 70% on 5th year of operation

 

Type of input / output VAT = 1 (with VAT)

Type of incentives = 1 (NO incentives)

 

Tax Assumptions:

Income Tax Holiday (yrs) 0
Income Tax Rate % (after ITH) 30%
Property tax (from COD) 2.0%
Property tax valuation rate (% of NBV) 80%
Local Business Tax 1.0%
Government Share (from COD) 0.0%
ER 1-94 Contribution (PhP/kWh) 0.01
Withholding Tax on Interest (Foreign Currency) – WHT 10%
Gross Receipts Tax on Interest (Local Currency) – GRT 1%
Documentary Stamps Tax (DST) 0.5%
PEZA Incentives (% of gross income) – 0% / 5% 0%
Royalty 0%

 

Capital Structure:

Equity Share = 30% at 14.00% p.a. target equity returns (IRR)

Debt Share = 70% (49% local, 51% foreign)

 

Debt Terms:

Local & Foreign Upfront & Financing Fees 2.00%
Local & Foreign Commitment Fees 0.50%
Local All-in Interest Rate excluding tax 10.00%
Local Debt Payment Period (from end of GP) (yrs) 10
Foreign All-in Interest Rate excluding tax 8.00%
Foreign Debt Payment Period (from end of GP) (yrs) 10
Local and Foreign Grace Period from COD (mos) 6
Local and Foreign debt Service Reserve (mos) 6

 

Foreign Exchange Rate:

Base Foreign Exchange Rate (PhP/US$) – 2013            48.0000 (construction)

Forward Fixed Exchange Rate (PhP/US$) – 2014           50.2971 (operating)

 

Escalation (CPI):

Annual Local CPI – for OPEX      0.0%            4.0%     for CAPEX (to model construction delay)

Annual US CPI – for OPEX           0.0%            2.0%     for CAPEX (to model construction delay)

 

Results of Financial Analysis:

 

First year tariff (Feed-in-Tariff) = 6.45015 P/kWh = 0.12824 USD/kWh

(at zero equity NPV)

 

Short run marginal cost (SRMC) and Long run marginal cost (LRMC)

Item PhP 000 PhP/kWh
Fuel      141,186,713 1.943
Lubes              91,010 0.001
Var O&M        18,475,944 0.254
Total      159,753,666 2.198
MWh net        72,672,960
SRMC      159,753,666 2.198
Fix O&M        38,097,392 0.524
Capital Cost      270,900,430 3.728
LRMC      468,751,489 6.450

 

Equity Returns: (30% equity, 70% debt)

IRR          = 14.00    % p.a. (target returns)

NPV        = 0.00    ‘000$

PAYBACK = 9.65    years

 

Project Returns: (100% equity, 0% debt)

IRR          = 11.54        % p.a.

NPV        = (8,647,593)  ‘000$ (negative since IRR < 14.00%)

PAYBACK = 7.11        years

——————————————————————————————-

The above runs were based on goal-seek to make equity NPV = 0 (to meet equity IRR target of 14.00% p.a.).

You can perform sensitivity analysis and save the results in a case column (copy paste value).

You can breakdown the tariff ($/kWh) into its capital ($/kW-month) and variable cost recovery ($/kWh) portions.

You can prepare all-in capital cost breakdown showing interest cost during construction and does model the impact of project construction delays.

You can show the evolution of capacity and generation (degradation) during the operating period and show other revenues, expenses and balance sheet accounts as they change over time during operation years.

You can show the income & expense statement.

You can show the cash flow statement.

You can show the balance sheet.

You can show the debt service cover ratio (DSCR) as it computes the cash flow available for debt service.

It also computes the benefits to cost ratio (B/C) of the project.

Finally, it computes the other financial ratios such as:

LIQUIDITY RATIOS

SOLVENCY RATIOS

EFFICIENCY RATIOS

PROFITABILITY RATIOS

MARKET PROSPECT RATIOS

 

Download the sample file below

Model Inputs and Results – PC supercritical

 

Download the complete demo model for a coal-fired PC SUPERCRITICAL power plant in PHP and USD currencies are shown below:

ADV Coal-Fired PC Supercritical Thermal Model3 – demo5b

ADV Coal-Fired PC Supercritical Thermal Model3 (USD) – demo5b

If you have actual data from your OEM and EPC suppliers, kindly share the data with me or simply enter your live data into the above models and see how the results will change immediately before your eyes. Please email me back the updated demo model with your new data so you may share it will all our readers of this blog.

 

To purchase the PHP and USD models at a discount, click the link below:

PC Supercritical 400 mw Power Project Finance Model Ver. 3 – in USD and PHP Currency

 

You may place your order now and avail of a package for the unlocked model with free guidance on using it. The list price of the coal-fired PC SUPERCRITICAL model is USD1,400 and I will give you one-hour free for assistance in putting your input data into the model (via telephone or email or FB messenger).

 

Your energy technology selection expert.

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

How to use the advanced (regulator) coal-fired CFB power plant project finance model

July 20th, 2017 No Comments   Posted in financial models

How to use the advanced (regulator) coal-fired CFB power plant project finance model

Finding an easy-to-use project finance model for a coal-fired CFB power plant with built-in data is sometimes difficult as some models don’t have the sophistication of a regulator template model as well as the ease of using the model and viewing immediately the results of a sensitivity change in the inputs to the model.

This is now made easy because the Input & Assumptions worksheet (tab) has combined all the input and output information in a single worksheet and placing the reports in other worksheets such as Tariff Breakdown, Construction Period, Operating Period, Financial Reports and Levelized Tariff.

Following is a sample case study on a coal-fired CFB power plant. From the preliminary design and cost estimates, the top management would want to know if the business idea of going into coal-fired CFB power development, construction and operation is worth the effort – is it feasible and what are the economic and financial returns for risking capital.

Here are the inputs and outputs of the advanced template model from OMT ENERGY ENTERPRISES:

——————————————————————————————-

Here are the summary of inputs:

all-in capital cost (overnight cost) = 2,934 $/kW (target cost)

EPC cost portion = 1,835 $/kW (computed by model)

refurbishment cost = 5% of EPC cost on the 12th year (overhaul)

fixed O&M cost = 31.18 $/kW/year (target cost) = 3,341.56 ‘000$/unit/year (computed by goal seek)

variable O&M cost = 4.47 $/MWh (target cost) = 33.06 ‘000$/MW/year (computed by goal seek)

general admin cost = 465.00 ‘000$/year (target cost)

 

Thermal power plant inputs:

Gross heating value of coal-fired CFB fuel = 10,000 Btu/lb

Plant heat rate = 11,725 Btu/kWh (29.10% thermal efficiency)

Cost of coal-fired CFB fuel = 85.00 $/MT = 4,275 PhP/MT = 4.275 PhP/kg

 

Lube oil consumption rate = 5.4 gram/kWh

Density of lube oil = 0.980 kg/Liter

Cost of lube oil = 200.00 PhP/Liter

 

capacity = 135.00 MW/unit x 1 unit = 135.00 MW

 

Plant Availability Factor, %                                    98.56% (computed by goal seek)

Load Factor, %                                                      98.00% (assumed)

Allowance for losses & own use, %                      12.00% (assumed)

Net Capacity Factor after losses & own use, %    85.00% (target net capacity factor)

Degradation rate, %                                               0.2%

 

construction period = 36 months (start 2013)

operating period = 25 years (start 2016)

 

Capital cost estimation assumptions and % local cost (LC):

Power plant footprint (ha)                                   20.00

Cost of purchased land (PhP/sqm)                    25.00 (no land lease)

Land cost, $000 $99.41 100.0%
Equipment Cost ex BOP, Transport ($000/MW) $1,462.46 11.4%
Insurance, Ocean Freight, Local Transport, % of Equipment Cost 4.5% 100.0%
Balance of Plant (BOP), % of Equipment Cost 21.0% 100.0%
Transmission Line Distance (km) 10.00
T/L Cost per km, 69 kV ($000/km) $20.00 100.0%
Switchyard & Transformers ($000) $393.00 100.0%
Access Roads ($000/km) $91.00 100.0%
Distance of Access Road (km) 10.00
Dev’t & Other Costs (land, permits, etc) (% of EPC) 15.0% 100.0%
VAT on importation (70% recoverable) 12% 100.0%
Customs Duty 3% 100.0%
Initial Working Capital (% of EPC) 11.0% 100.0%
Contingency (% of Total Cost) 4.0% 48.9%

 

Capital cost breakdown (‘000$): (computed values)

Uses of Fund:
   Land Cost $99
   EPC (Equipment, Balance of Plant, Transport) $247,778
   Transmission Line Interconnection Facility $200
   Sub-Station Facility $393
   Development & Other Costs (Civil Works, Customs Duty) $44,683
   Construction Contingency $11,458
   Value Added Tax $21,694
   Financing Costs $42,530
   Initial Working Capital $27,256
Total Uses of Fund – $000 $396,090
                                 – PhP 000 19,922,178
Sources of Fund:
   Debt $277,263
   Equity $118,827
Total Sources of Fund $396,090

 

Local and Foreign Cost Components (from individual cost item):

Local Capital = 49 %

Foreign Capital = 51 %

 

Balance Sheet Accounts:

Receivables = 30 days of revenue

Payables    = 30 days of expenses

Inventory    = 120 days of consumables

 

Imported Capital Equipment:

Customs duty = 0%

Value added tax (VAT) = 12%

VAT recovery = 70% on 5th year of operation

 

Type of input / output VAT = 1 (with VAT)

Type of incentives = 1 (NO incentives)

 

Tax Assumptions:

Income Tax Holiday (Yrs) 0
Income Tax Rate % (after ITH) 30%
Property tax (from COD) 2.0%
Property tax valuation rate (% of NBV) 80%
Local Business Tax 1.0%
Government Share (from COD) 0.0%
ER 1-94 Contribution (PhP/kWh) 0.01
Withholding Tax on Interest (Foreign Currency) – WHT 10%
Gross Receipts Tax on Interest (Local Currency) – GRT 1%
Documentary Stamps Tax (DST) 0.5%
PEZA Incentives (% of gross income) 0%
Royalty 0%

 

Capital Structure:

Equity Share = 30% at 14.00% p.a. target equity returns (IRR)

Debt Share = 70% (49% local, 51% foreign)

 

Debt Terms:

Local & Foreign Upfront & Financing Fees 2.00%
Local & Foreign Commitment Fees 0.50%
Local All-in Interest Rate excluding tax 10.00%
Local Debt Payment Period (from end of GP) (Yrs) 10
Foreign All-in Interest Rate excluding tax 8.00%
Foreign Debt Payment Period (from end of GP) (Yrs) 10
Local and Foreign Grace Period from COD (mos) 6
Local and Foreign debt Service Reserve (mos) 6

 

Foreign Exchange Rate:

Base Foreign Exchange Rate (PhP/US$) – 2013           48.0000 (construction)

Forward Fixed Exchange Rate (PhP/US$) – 2014           50.2971 (operating)

 

Escalation (CPI):

Annual Local CPI – for OPEX      0.0%            4.0%     for CAPEX (to model construction delay)

Annual US CPI – for OPEX           0.0%            2.0%     for CAPEX (to model construction delay)

 

Results of Financial Analysis:

 

First year tariff (Feed-in-Tariff) = 6.71192 P/kWh = 0.13345 USD/kWh

(at zero equity NPV)

 

Short run marginal cost (SRMC) and Long run marginal cost (LRMC)

Item PhP 000 PhP/kWh
Fuel        63,373,672 2.584
Lubes              30,716 0.001
Var O&M        6,235,631 0.254
Total        69,640,019 2.839
MWh net        24,527,124
SRMC        69,640,019 2.839
Fix O&M        11,711,402 0.477
Capital Cost        83,272,630 3.395
LRMC      164,624,051 6.712

 

 

Equity Returns: (30% equity, 70% debt)

IRR          = 14.00    % p.a. (target returns)

NPV        = 0.00    ‘000$

PAYBACK = 9.67    years

 

Project Returns: (100% equity, 0% debt)

IRR          = 11.53        % p.a.

NPV        = (2,677,030)  ‘000$ (negative since IRR < 14.00%)

PAYBACK = 7.14        years

——————————————————————————————-

The above runs were based on goal-seek to make equity NPV = 0 (to meet equity IRR target of 14.00% p.a.).

You can perform sensitivity analysis and save the results in a case column (copy paste value).

You can breakdown the tariff ($/kWh) into its capital ($/kW-month) and variable cost recovery ($/kWh) portions.

You can prepare all-in capital cost breakdown showing interest cost during construction and does model the impact of project construction delays.

You can show the evolution of capacity and generation (degradation) during the operating period and show other revenues, expenses and balance sheet accounts as they change over time during operation years.

You can show the income & expense statement.

You can show the cash flow statement.

You can show the balance sheet.

You can show the debt service cover ratio (DSCR) as it computes the cash flow available for debt service.

It also computes the benefits to cost ratio (B/C) of the project.

Finally, it computes the other financial ratios such as:

LIQUIDITY RATIOS

SOLVENCY RATIOS

EFFICIENCY RATIOS

PROFITABILITY RATIOS

MARKET PROSPECT RATIOS

 

Download the sample file below:

Model Inputs and Results – 135 mw CFB

 

Download the complete demo model for a coal-fired CFB power plant in PHP and USD currencies are shown below:

ADV Coal-Fired CFB Thermal Model3_135 MW – demo5b

ADV Coal-Fired CFB Thermal Model3_135 MW (USD) – demo5b

If you have actual data from your OEM and EPC suppliers, kindly share the data with me or simply enter your live data into the above models and see how the results will change immediately before your eyes. Please email me back the updated demo model with your new data so you may share it will all our readers of this blog.

 

To purchase the PHP and USD models at a discount, click the link below:

CFB Coal-fired 135 mw Power Project Finance Model Ver. 3 – in USD and PHP Currency

You may place your order now and avail of a package for the unlocked model with free guidance on using it. The list price of the coal-fired CFB model is USD1,400 and I will give you one-hour free for assistance in putting your input data into the model (via telephone or email or FB messenger).

 

Your energy technology selection expert.

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

How to use the advanced (regulator) ocean current and tidal current power plant project finance model

July 13th, 2017 No Comments   Posted in financial models

How to use the advanced (regulator) ocean current and tidal current power plant project finance model

(Lord God, bless my website and my readers that they will contribute to my charity fund for the jobless, sickly, needy, homeless, hungry and destitute. God Bless you all my friends for reading my blog and ordering my project finance models. Amen.)

Finding an easy-to-use project finance model for an ocean current and tidal current power plant with built-in data is sometimes difficult as some models don’t have the sophistication of a regulator template model as well as the ease of using the model and viewing immediately the results of a sensitivity change in the inputs to the model.

This is now made easy because the Input & Assumptions worksheet (tab) has combined all the input and output information in a single worksheet and placing the reports in other worksheets such as Tariff Breakdown, Construction Period, Operating Period, Financial Reports and Levelized Tariff.

Following is a sample case study on a tidal current power plant. From the preliminary design and cost estimates, the top management would want to know if the business idea of going into tidal current power development, construction and operation is worth the effort – is it feasible and what are the economic and financial returns for risking capital.

Here are the inputs and outputs of the advanced template model from OMT ENERGY ENTERPRISES:

——————————————————————————————-

Here are the summary of inputs:

all-in capital cost (overnight cost) = 2,473 $/kW (target cost)

EPC cost portion = 1,112 $/kW (computed by model)

refurbishment cost = 5% of EPC cost on the 10th year (overhaul)

fixed O&M cost = 86.19 $/kW/year (target cost) = 203.36 ‘000$/unit/year (computed by goal seek)

variable O&M cost = 2.40 $/MWh (target cost) = 15.89 ‘000$/MW/year (computed by goal seek)

general admin cost = 500.00 ‘000$/year (target cost)

 

Thermal power plant inputs: (not used in tidal current)

Gross heating value of tidal current fuel = 5,198 Btu/lb

Plant heat rate = 13,500 Btu/kWh (25.28% thermal efficiency)

Cost of tidal current fuel = 1.299 PhP/kg = 1,299 PhP/MT

 

Lube oil consumption rate = 5.4 gram/kWh

Density of lube oil = 0.980 kg/Liter

Cost of lube oil = 200.00 PhP/Liter

 

capacity = 3.00 MW/unit x 10 units = 30.00 MW

 

Plant Availability Factor, %                                    86.42% (computed by goal seek)

Load Factor, %                                                      90.00% (assumed)

Allowance for losses & own use, %                      10.00% (assumed)

Net Capacity Factor after losses & own use, %    70.00% (target net capacity factor)

Degradation rate, %                                               0.2%

 

construction period = 24 months (start 2015)

operating period = 20 years (start 2017)

 

Capital cost estimation assumptions and % local cost (LC):

Power plant footprint (ha)                                   6.00

Cost of purchased land (PhP/sqm)                    25.00 (no land lease)

Land cost, $000 $29.82 100.0%
Equipment Cost ex BOP, Transport ($000/MW) $788.72 0.0%
Insurance, Ocean Freight, Local Transport, % of Equipment Cost 10.0% 100.0%
Balance of Plant (BOP), % of Equipment Cost 31.0% 66.0%
Transmission Line Distance (km) 10.00
T/L Cost per km, 69 kV ($000/km) $84.00 100.0%
Switchyard & Transformers ($000) $3,000.00 100.0%
Access Roads ($000/km) $2,200.00 100.0%
Distance of Access Road (km) 10.00
Dev’t & Other Costs (land, permits, etc) (% of EPC) 2.0% 100.0%
VAT on importation (70% recoverable) 12% 100.0%
Customs Duty 0% 100.0%
Initial Working Capital (% of EPC) 1.0% 100.0%
Contingency (% of Total Cost) 7.5% 59.0%

 

Capital cost breakdown (‘000$): (computed values)

Uses of Fund:
    Land Cost $30
   EPC (Equipment, Balance of Plant, Transport) $33,363
   Transmission Line Interconnection Facility $840
   Sub-Station Facility $3,000
   Development & Other Costs (Civil Works, Customs Duty) $22,667
   Construction Contingency $4,490
   Value Added Tax $3,360
   Financing Costs $5,958
   Initial Working Capital $334
Total Uses of Fund – $000 $74,041
                                 – PHP 000 3,724,071
Sources of Fund:
   Debt $51,829
   Equity $22,212
Total Sources of Fund $74,041

 

 

Local and Foreign Cost Components (from individual cost item):

Local Capital = 59 %

Foreign Capital = 41 %

 

Balance Sheet Accounts:

Receivables = 30 days of revenue

Payables    = 30 days of expenses

Inventory    = 60 days of consumables

 

Imported Capital Equipment:

Customs duty = 0%

Value added tax (VAT) = 12%

VAT recovery = 70% on 5th year of operation

 

Type of input / output VAT = 0 (none)

Type of incentives = 2 (BOI incentives)

 

Tax Assumptions:

Income Tax Holiday (yrs) 7
Income Tax Rate % (after ITH) 10%
Property tax (from COD) 1.5%
Property tax valuation rate (% of NBV) 80%
Local Business Tax 1.0%
Government Share (from COD) 1.0%
ER 1-94 Contribution (PHP/kWh) 0.0100
Withholding Tax on Interest (Foreign Currency) – WHT 10%
Gross Receipts Tax on Interest (Local Currency) – GRT 5%
Documentary Stamps Tax (DST) 0.5%
PEZA Incentives (% of gross income) – 0% / 5% 0%
Royalty 0%

 

Capital Structure:

Equity Share = 30% at 16.44% p.a. target equity returns (IRR)

Debt Share = 70% (59% local, 41% foreign)

 

Debt Terms:

Local & Foreign Upfront & Financing Fees 2.00%
Local & Foreign Commitment Fees 0.50%
Local All-in Interest Rate excluding tax 10.00%
Local Debt Payment Period (from end of GP) (yrs) 10
Foreign All-in Interest Rate excluding tax 8.00%
Foreign Debt Payment Period (from end of GP) (yrs) 10
Local and Foreign Grace Period from COD (mos) 6
Local and Foreign debt Service Reserve (mos) 6

 

Foreign Exchange Rate:

Base Foreign Exchange Rate (PhP/US$) – 2013            48.0000 (construction)

Forward Fixed Exchange Rate (PhP/US$) – 2014           50.2971 (operating)

 

Escalation (CPI):

Annual Local CPI – for OPEX      0.0%            4.0%     for CAPEX (to model construction delay)

Annual US CPI – for OPEX           0.0%            2.0%     for CAPEX (to model construction delay)

 

Results of Financial Analysis:

 

First year tariff (Feed-in-Tariff) = 4.149573 P/kWh = 0.08342 USD/kWh

(at zero equity NPV)

 

Short run marginal cost (SRMC) and Long run marginal cost (LRMC)

Item PhP 000 PhP/kWh
Fuel                     – 0.000
Lubes                4,420 0.001
Var O&M            479,679 0.133
Total            484,099 0.134
MWh net          3,609,295
SRMC            484,099 0.134
Fix O&M          3,365,945 0.933
Capital Cost        11,293,574 3.129
LRMC        15,143,618 4.196

 

Equity Returns: (30% equity, 70% debt)

IRR          = 16.44    % p.a. (target returns)

NPV        = 0.00    ‘000$

PAYBACK = 7.51    years

 

Project Returns: (100% equity, 0% debt)

IRR          = 13.19        % p.a.

NPV        = (522,705)  ‘000$ (negative since IRR < 16.44%)

PAYBACK = 6.30        years

——————————————————————————————-

The above runs were based on goal-seek to make equity NPV = 0 (to meet equity IRR target of 16.44% p.a.).

You can perform sensitivity analysis and save the results in a case column (copy paste value).

You can breakdown the tariff ($/kWh) into its capital ($/kW-month) and variable cost recovery ($/kWh) portions.

You can prepare all-in capital cost breakdown showing interest cost during construction and does model the impact of project construction delays.

You can show the evolution of capacity and generation (degradation) during the operating period and show other revenues, expenses and balance sheet accounts as they change over time during operation years.

You can show the income & expense statement.

You can show the cash flow statement.

You can show the balance sheet.

You can show the debt service cover ratio (DSCR) as it computes the cash flow available for debt service.

It also computes the benefits to cost ratio (B/C) of the project.

Finally, it computes the other financial ratios such as:

LIQUIDITY RATIOS

SOLVENCY RATIOS

EFFICIENCY RATIOS

PROFITABILITY RATIOS

MARKET PROSPECT RATIOS

 

Download the sample file below:

Model Inputs and Results – Tidal Current

 

Download the complete demo model for a tidal current power plant in PHP and USD currencies are shown below:

ADV Tidal Current Model3_30 MW – demo5b

ADV Tidal Current Model3_30 MW (USD) – demo5b

If you have actual data from your OEM and EPC suppliers, kindly share the data with me or simply enter your live data into the above models and see how the results will change immediately before your eyes. Please email me back the updated demo model with your new data so you may share it will all our readers of this blog.

 

To purchase the PHP and USD models at a discount (only USD400 for two models), click the link below:

 

30 mw Tidal Current Project Finance Model Ver. 3 – in USD and PHP Currency

 

You may place your order now and avail of a package for the unlocked model with free guidance on using it. The list price of the tidal current model is USD1,400 and I will give you one-hour free for assistance in putting your input data into the model (via telephone or email or FB messenger).

 

Your energy technology selection expert.

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

How to use the advanced (regulator) solar PV power plant project finance model

July 13th, 2017 No Comments   Posted in financial models

How to use the advanced (regulator) solar PV (photo voltaic) power plant project finance model

(Lord God, bless my website and my readers that they will contribute to my charity fund for the jobless, sickly, needy, homeless, hungry and destitute. God Bless you all my friends for reading my blog and ordering my project finance models. Amen.)

Finding an easy-to-use project finance model for a solar PV power plant with built-in data is sometimes difficult as some models don’t have the sophistication of a regulator template model as well as the ease of using the model and viewing immediately the results of a sensitivity change in the inputs to the model.

This is now made easy because the Input & Assumptions worksheet (tab) has combined all the input and output information in a single worksheet and placing the reports in other worksheets such as Tariff Breakdown, Construction Period, Operating Period, Financial Reports and Levelized Tariff.

Following is a sample case study on a solar PV power plant. From the preliminary design and cost estimates, the top management would want to know if the business idea of going into solar PV power development, construction and operation is worth the effort – is it feasible and what are the economic and financial returns for risking capital.

Here are the inputs and outputs of the advanced template model from OMT ENERGY ENTERPRISES:

——————————————————————————————-

Here are the summary of inputs:

all-in capital cost (overnight cost) = 2,700 $/kW (target cost)

EPC cost portion = 2,127 $/kW (computed by model)

refurbishment cost = 5% of EPC cost on the 10th year (overhaul)

fixed O&M cost = 24.69 $/kW/year (target cost) = 1.07 ‘000$/unit/year (computed by goal seek)

variable O&M cost = 2.00 $/MWh (target cost) = 2.56 ‘000$/MW/year (computed by goal seek)

general admin cost = 10.00 ‘000$/year (target cost)

 

Thermal power plant inputs: (not used in solar PV)

Gross heating value of solar PV fuel = 5,198 Btu/lb

Plant heat rate = 10,663 Btu/kWh (32.00% thermal efficiency)

Cost of solar PV fuel = 1.299 PhP/kg = 1,299 PhP/MT

 

Lube oil consumption rate = 5.4 gram/kWh

Density of lube oil = 0.980 kg/Liter

Cost of lube oil = 200.00 PhP/Liter

 

capacity = 0.125 MW/unit x 200 units = 25.00 MW

 

Plant Availability Factor, %                                    27.13% (computed by goal seek)

Load Factor, %                                                      95.00% (assumed)

Allowance for losses & own use, %                       3.00% (assumed)

Net Capacity Factor after losses & own use, %    25.00% (target net capacity factor)

Degradation rate, %                                               0.2%

 

construction period = 12 months (start 2015)

operating period = 20 years (start 2016)

 

Capital cost estimation assumptions and % local cost (LC):

Power plant footprint (ha)                                   10.00

Cost of purchased land (PhP/sqm)                    15.00 (no land lease)

Land cost, $000 $29.82 100.0%
Equipment Cost ex BOP, Transport ($000/MW) $1,508.20 21.7%
Insurance, Ocean Freight, Local Transport, % of Equipment Cost 10.0% 100.0%
Balance of Plant (BOP), % of Equipment Cost 31.0% 50.0%
Transmission Line Distance (km) 5.00
T/L Cost per km, 69 kV ($000/km) $84.00 100.0%
Switchyard & Transformers ($000) $145.00 100.0%
Access Roads ($000/km) $43.74 100.0%
Distance of Access Road (km) 5.00
Dev’t & Other Costs (land, permits, etc) (% of EPC) 2.0% 70.0%
VAT on importation (70% recoverable) 12% 100.0%
Customs Duty 0% 100.0%
Initial Working Capital (% of EPC) 1.0% 100.0%
Contingency (% of Total Cost) 7.5% 41.0%

 

Capital cost breakdown (‘000$): (computed values)

Uses of Fund:
   Land Cost $30
   EPC (Equipment, Balance of Plant, Transport) $53,164
   Transmission Line Interconnection Facility $420
   Sub-Station Facility $145
   Development & Other Costs (Civil Works, Customs Duty) $1,282
   Construction Contingency $4,126
   Value Added Tax $4,576
   Financing Costs $3,262
   Initial Working Capital $532
Total Uses of Fund – $000 $67,537
                                 – PhP 000 3,396,903
Sources of Fund:
   Debt $47,276
 Equity $20,261
Total Sources of Fund $67,537

 

Local and Foreign Cost Components (from individual cost item):

Local Capital = 41 %

Foreign Capital = 59 %

 

Balance Sheet Accounts:

Receivables = 30 days of revenue

Payables    = 30 days of expenses

Inventory    = 60 days of consumables

 

Imported Capital Equipment:

Customs duty = 0%

Value added tax (VAT) = 12%

VAT recovery = 70% on 5th year of operation

 

Type of input / output VAT = 0 (none)

Type of incentives = 2 (BOI incentives)

 

Tax Assumptions:

Income Tax Holiday (yrs) 7
Income Tax Rate % (after ITH) 10%
Property tax (from COD) 1.5%
Property tax valuation rate (% of NBV) 80%
Local Business Tax 1.0%
Government Share (from COD) 1.0%
ER 1-94 Contribution (PhP/kWh) 0.01
Withholding Tax on Interest (Foreign Currency) – WHT 10%
Gross Receipts Tax on Interest (Local Currency) – GRT 5%
Documentary Stamps Tax (DST) 0.5%
PEZA Incentives (% of gross income) – 0% / 5% 0%
Royalty 0%

 

Capital Structure:

Equity Share = 30% at 16.44% p.a. target equity returns (IRR)

Debt Share = 70% (41% local, 59% foreign)

 

Debt Terms:

Local & Foreign Upfront & Financing Fees 2.00%
Local & Foreign Commitment Fees 0.50%
Local All-in Interest Rate excluding tax 10.00%
Local Debt Payment Period (from end of GP) (yrs) 10
Foreign All-in Interest Rate excluding tax 8.00%
Foreign Debt Payment Period (from end of GP) (yrs) 10
Local and Foreign Grace Period from COD (mos) 6
Local and Foreign debt Service Reserve (mos) 6

 

Foreign Exchange Rate:

Base Foreign Exchange Rate (PhP/US$) – 2013            48.0000 (construction)

Forward Fixed Exchange Rate (PhP/US$) – 2014           50.2971 (operating)

 

Escalation (CPI):

Annual Local CPI – for OPEX      0.0%            4.0%     for CAPEX (to model construction delay)

Annual US CPI – for OPEX           0.0%            2.0%     for CAPEX (to model construction delay)

 

Results of Financial Analysis:

 

First year tariff (Feed-in-Tariff) = 9.99541 P/kWh = 0.1987 USD/kWh

(at zero equity NPV)

 

Short run marginal cost (SRMC) and Long run marginal cost (LRMC)

Item PhP 000 PhP/kWh
Fuel                     – 0.000
Lubes                1,220 0.001
Var O&M              64,281 0.060
Total              65,501 0.061
MWh net          1,074,195
SRMC              65,501 0.061
Fix O&M            920,923 0.857
Capital Cost          9,750,600 9.077
LRMC        10,737,024 9.995

 

Equity Returns: (30% equity, 70% debt)

IRR          = 16.44    % p.a. (target returns)

NPV        = 0.00    ‘000$

PAYBACK = 8.02    years

 

Project Returns: (100% equity, 0% debt)

IRR          = 13.56        % p.a.

NPV        = (426,008)  ‘000$ (negative since IRR < 16.44%)

PAYBACK = 6.52        years

——————————————————————————————-

The above runs were based on goal-seek to make equity NPV = 0 (to meet equity IRR target of 16.44% p.a.).

You can perform sensitivity analysis and save the results in a case column (copy paste value).

You can breakdown the tariff ($/kWh) into its capital ($/kW-month) and variable cost recovery ($/kWh) portions.

You can prepare a all-in capital cost breakdown showing interest cost during construction and does model the impact of project construction delays.

You can show the evolution of capacity and generation (degradation) during the operating period and show other revenues, expenses and balance sheet accounts as they change over time during operation years.

You can show the income & expense statement.

You can show the cash flow statement.

You can show the balance sheet.

You can show the debt service cover ratio (DSCR) as it computes the cash flow available for debt service.

It also computes the benefits to cost ratio (B/C) of the project.

Finally, it computes the other financial ratios such as:

LIQUIDITY RATIOS

SOLVENCY RATIOS

EFFICIENCY RATIOS

PROFITABILITY RATIOS

MARKET PROSPECT RATIOS

 

Download the sample file below:

Model Inputs and Results – Solar PV

 

Download the complete demo model for a solar PV power plant in PHP and USD currencies are shown below:

ADV Solar PV 25 mw Model3 – demo5b

ADV Solar PV 25 mw Model3 (USD) – demo5b

If you have actual data from your OEM and EPC suppliers, kindly share the data with me or simply enter your live data into the above models and see how the results will change immediately before your eyes. Please email me back the updated demo model with your new data so you may share it will all our readers of this blog.

 

To purchase the PHP and USD models at a discount (only USD400 for two models), click the link below:

Solar PV 25 mw Project Finance Model Ver. 3 – in USD and PHP Currency

 

You may place your order now and avail of a package for the unlocked model with free guidance on using it. The list price of the solar PV model is USD1,400 and I will give you one-hour free for assistance in putting your input data into the model (via telephone or email or FB messenger).

 

Your energy technology selection expert.

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

How to use the advanced (regulator) solar CSP power plant project finance model

July 12th, 2017 No Comments   Posted in financial models

How to use the advanced (regulator) solar CSP (concentrated solar power) plant project finance model

(Lord God, bless my website and my readers that they will contribute to my charity fund for the jobless, sickly, needy, homeless, hungry and destitute. God Bless you all my friends for reading my blog and ordering my project finance models. Amen.)

Finding an easy-to-use project finance model for a solar CSP power plant with built-in data is sometimes difficult as some models don’t have the sophistication of a regulator template model as well as the ease of using the model and viewing immediately the results of a sensitivity change in the inputs to the model.

This is now made easy because the Input & Assumptions worksheet (tab) has combined all the input and output information in a single worksheet and placing the reports in other worksheets such as Tariff Breakdown, Construction Period, Operating Period, Financial Reports and Levelized Tariff.

Following is a sample case study on a solar CSP power plant. From the preliminary design and cost estimates, the top management would want to know if the business idea of going into solar CSP power development, construction and operation is worth the effort – is it feasible and what are the economic and financial returns for risking capital.

Here are the inputs and outputs of the advanced template model from OMT ENERGY ENTERPRISES:

——————————————————————————————-

Here are the summary of inputs:

all-in capital cost (overnight cost) = 5,881 $/kW (target cost)

EPC cost portion = 4,526 $/kW (computed by model)

refurbishment cost = 5% of EPC cost on the 10th year (overhaul)

fixed O&M cost = 24.69 $/kW/year (target cost) = 2,144.03 ‘000$/unit/year (computed by goal seek)

variable O&M cost = 2.00 $/MWh (target cost) = 15.69 ‘000$/MW/year (computed by goal seek)

general admin cost = 100.00 ‘000$/year (target cost)

 

Thermal power plant inputs: (not applicable to solar CSP)

Gross heating value of solar CSP fuel = 5,198 Btu/lb

Plant heat rate = 10,663 Btu/kWh (32.00% thermal efficiency)

Cost of biomass fuel = 1.299 PhP/kg = 1,299 PhP/MT

 

Lube oil consumption rate = 5.4 gram/kWh

Density of lube oil = 0.980 kg/Liter

Cost of lube oil = 200.00 PhP/Liter

 

capacity = 200.00 MW/unit x 2 units = 400.00 MW

 

Plant Availability Factor, %                                    96.67% (computed by goal seek)

Load Factor, %                                                      95.00% (assumed)

Allowance for losses & own use, %                       2.00% (assumed)

Net Capacity Factor after losses & own use, %    90.00% (target net capacity factor)

Degradation rate, %                                               0.2%

 

construction period = 24 months (start 2016)

operating period = 25 years (start 2018)

 

Capital cost estimation assumptions and % local cost (LC):

Power plant footprint (ha)                                   10.00

Cost of purchased land (PhP/sqm)                    15.00 (no land lease)

Land cost, $000 $29.82 100.0%
Equipment Cost ex BOP, Transport ($000/MW) $3,209.89 15.0%
Insurance, Ocean Freight, Local Transport, % of Equipment Cost 10.0% 100.0%
Balance of Plant (BOP), % of Equipment Cost 31.0% 50.0%
Transmission Line Distance (km) 15.00
T/L Cost per km, 69 kV ($000/km) $84.00 100.0%
Switchyard & Transformers ($000) $145.00 100.0%
Access Roads ($000/km) $44.19 100.0%
Distance of Access Road (km) 15.00
Dev’t & Other Costs (land, permits, etc) (% of EPC) 2.0% 50.0%
VAT on importation (70% recoverable) 12% 100.0%
Customs Duty 0% 100.0%
Initial Working Capital (% of EPC) 1.0% 100.0%
Contingency (% of Total Cost) 7.5% 36.5%

 

Capital cost breakdown (‘000$): (computed values)

Uses of Fund:

Uses of Fund:
   Land Cost $30
   EPC (Equipment, Balance of Plant, Transport) $1,810,379
   Transmission Line Interconnection Facility $1,260
   Sub-Station Facility $145
   Development & Other Costs (Civil Works, Customs Duty) $36,870
   Construction Contingency $138,649
   Value Added Tax $165,337
   Financing Costs $181,578
   Initial Working Capital $18,104
Total Uses of Fund – $000 $2,352,351
                                 – PhP 000 118,316,450
Sources of Fund:
   Debt $1,646,646
   Equity $705,705
Total Sources of Fund $2,352,351

 

Local and Foreign Cost Components (from individual cost item):

Local Capital = 36.5 %

Foreign Capital = 63.5 %

 

Balance Sheet Accounts:

Receivables = 30 days of revenue

Payables    = 30 days of expenses

Inventory    = 60 days of consumables

 

Imported Capital Equipment:

Customs duty = 0%

Value added tax (VAT) = 12%

VAT recovery = 70% on 5th year of operation

 

Type of input / output VAT = 0 (none)

Type of incentives = 2 (BOI incentives)

 

Tax Assumptions:

Income Tax Holiday (yrs) 7
Income Tax Rate % (after ITH) 10%
Property tax (from COD) 1.5%
Property tax valuation rate (% of NBV) 80%
Local Business Tax 1.0%
Government Share (from COD) 1.0%
ER 1-94 Contribution (PhP/kWh) 0.01
Withholding Tax on Interest (Foreign Currency) – WHT 10%
Gross Receipts Tax on Interest (Local Currency) – GRT 5%
Documentary Stamps Tax (DST) 0.5%
PEZA Incentives (% of gross income) – 0% / 5% 0%
Royalty 0%

 

Capital Structure:

Equity Share = 30% at 14.00% p.a. target equity returns (IRR)

Debt Share = 70% (36.5% local, 63.5% foreign)

 

Debt Terms:

Local & Foreign Upfront & Financing Fees 2.00%
Local & Foreign Commitment Fees 0.50%
Local All-in Interest Rate excluding tax 10.00%
Local Debt Payment Period (from end of GP) (yrs) 10
Foreign All-in Interest Rate excluding tax 8.00%
Foreign Debt Payment Period (from end of GP) (yrs) 10
Local and Foreign Grace Period from COD (mos) 6
Local and Foreign debt Service Reserve (mos) 6

 

Foreign Exchange Rate:

Base Foreign Exchange Rate (PhP/US$) – 2013            48.0000 (construction)

Forward Fixed Exchange Rate (PhP/US$) – 2014           50.2971 (operating)

 

Escalation (CPI):

Annual Local CPI – for OPEX      0.0%            4.0%     for CAPEX (to model construction delay)

Annual US CPI – for OPEX           0.0%            2.0%     for CAPEX (to model construction delay)

 

Results of Financial Analysis:

 

First year tariff (Feed-in-Tariff) = 5.51450 P/kWh = 0.10964 USD/kWh

(at zero equity NPV)

 

Short run marginal cost (SRMC) and Long run marginal cost (LRMC)

Item PhP 000 PhP/kWh
Fuel                      – 0.000
Lubes              86,530 0.001
Var O&M          7,889,902 0.103
Total          7,976,432 0.104
MWh net        76,947,840
SRMC          7,976,432 0.104
Fix O&M        35,245,717 0.458
Capital Cost      381,107,017 4.953
LRMC      424,329,167 5.515

 

Equity Returns: (30% equity, 70% debt)

IRR          = 14.00    % p.a. (target returns)

NPV        = 0.00    ‘000$

PAYBACK = 10.28    years

 

Project Returns: (100% equity, 0% debt)

IRR          = 11.91        % p.a.

NPV        = (13,405,736)  ‘000$ (negative since IRR < 14.00%)

PAYBACK = 7.22        years

——————————————————————————————-

The above runs were based on goal-seek to make equity NPV = 0 (to meet equity IRR target of 14.00% p.a.).

You can perform sensitivity analysis and save the results in a case column (copy paste value).

You can breakdown the tariff ($/kWh) into its capital ($/kW-month) and variable cost recovery ($/kWh) portions.

You can prepare a all-in capital cost breakdown showing interest cost during construction and does model the impact of project construction delays.

You can show the evolution of capacity and generation (degradation) during the operating period and show other revenues, expenses and balance sheet accounts as they change over time during operation years.

You can show the income & expense statement.

You can show the cash flow statement.

You can show the balance sheet.

You can show the debt service cover ratio (DSCR) as it computes the cash flow available for debt service.

It also computes the benefits to cost ratio (B/C) of the project.

Finally, it computes the other financial ratios such as:

LIQUIDITY RATIOS

SOLVENCY RATIOS

EFFICIENCY RATIOS

PROFITABILITY RATIOS

MARKET PROSPECT RATIOS

 

Download the sample file below:

Model Inputs and Results – Solar CSP

 

Download the complete demo model for a solar CSP power plant in PHP and USD currencies are shown below:

ADV Concentrating Solar Power (CSP) Model3 – demo5b

ADV Concentrating Solar Power (CSP) Model3 (USD) – demo5b

If you have actual data from your OEM and EPC suppliers, kindly share the data with me or simply enter your live data into the above models and see how the results will change immediately before your eyes. Please email me back the updated demo model with your new data so you may share it will all our readers of this blog.

 

To purchase the PHP and USD models at a discount (only USD400 for two models), click the link below:

CSP 400 mw Project Finance Model Ver. 3 – in USD and PHP Currency

 

You may place your order now and avail of a package for the unlocked model with free guidance on using it. The list price of the solar CSP model is USD1,400 and I will give you one-hour free for assistance in putting your input data into the model (via telephone or email or FB messenger).

Your energy technology selection expert.

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

How to use the advanced (regulator) onshore wind power plant project finance model

July 10th, 2017 No Comments   Posted in financial models

How to use the advanced (regulator) onshore and offshore wind power plant project finance model

(Lord God, bless my website and my readers that they will contribute to my charity fund for the jobless, sickly, needy, homeless, hungry and destitute. God Bless you all my friends for reading my blog and ordering my project finance models. Amen.)

Finding an easy-to-use project finance model for an onshore wind power plant with built-in data is sometimes difficult as some models don’t have the sophistication of a regulator template model as well as the ease of using the model and viewing immediately the results of a sensitivity change in the inputs to the model.

This is now made easy because the Input & Assumptions worksheet (tab) has combined all the input and output information in a single worksheet and placing the reports in other worksheets such as Tariff Breakdown, Construction Period, Operating Period, Financial Reports and Levelized Tariff.

Following is a sample case study on a onshore wind power plant. From the preliminary design and cost estimates, the top management would want to know if the business idea of going into onshore wind power development, construction and operation is worth the effort – is it feasible and what are the economic and financial returns for risking capital.

Here are the inputs and outputs of the advanced template model from OMT ENERGY ENTERPRISES:

——————————————————————————————-

Here are the summary of inputs:

all-in capital cost (overnight cost) = 2,213 $/kW (target cost)

EPC cost portion = 1,496 $/kW (computed by model)

refurbishment cost = 5% of EPC cost on the 10th year (overhaul)

fixed O&M cost = 39.55 $/kW/year (target cost) = 16.28 ‘000$/unit/year (computed by goal seek)

variable O&M cost = 2.00 $/MWh (target cost) = 4.85 ‘000$/MW/year (computed by goal seek)

general admin cost = 200.00 ‘000$/year (target cost)

 

Thermal power plant inputs: (not applicable to wind energy)

Gross heating value of onshore wind fuel = 5,198 Btu/lb

Plant heat rate = 13,500 Btu/kWh (25.28% thermal efficiency)

Cost of onshore wind fuel = 1.299 PhP/kg = 1,299 PhP/MT

 

Lube oil consumption rate = 0.500 gram/kWh

Density of lube oil = 0.980 kg/Liter

Cost of lube oil = 200.00 PhP/Liter

 

capacity = 1.500 MW/unit x 10 units = 15.00 MW

 

Plant Availability Factor, %                                          36.90% (computed by goal seek)

Load Factor, %                                                                95.00% (assumed)

Allowance for losses & own use, %                                3.00% (assumed)

Net Capacity Factor after losses & own use, %         34.00% (target net capacity factor)

Degradation rate, %                                                     0.2%

Annual generation                                                        46,058 (MWh gross)

44,676 (MWh net)

 

construction period = 12 months (start 2014)

operating period = 20 years (start 2016)

 

Capital cost estimation assumptions and % local cost (LC):

Power plant footprint (ha)                                   3.00

Cost of purchased land (PhP/sqm)                    25.00 (no land lease)

Land cost, $000 $14.91 100.0%
Equipment Cost ex BOP, Transport ($000/MW) $1,031.66 15.2%
Insurance, Ocean Freight, Local Transport, % of Equipment Cost 10.0% 100.0%
Balance of Plant (BOP), % of Equipment Cost 35.0% 40.0%
Transmission Line Distance (km) 25.00
T/L Cost per km, 69 kV ($000/km) $69.77 100.0%
Switchyard & Transformers ($000) $1,814.00 100.0%
Access Roads ($000/km) $51.16 100.0%
Distance of Access Road (km) 15.00
Dev’t & Other Costs (land, permits, etc.) (% of EPC) 2.0% 100.0%
VAT on importation (70% recoverable) 12% 100.0%
Customs Duty 0% 100.0%
Initial Working Capital (% of EPC) 1.0% 100.0%
Contingency (% of Total Cost) 7.5% 45.0%

 

Capital cost breakdown (‘000$): (computed values)

Uses of Fund:
   Land Cost $15
   EPC (Equipment, Balance of Plant, Transport) $22,439
   Transmission Line Interconnection Facility $1,744
   Sub-Station Facility $1,814
   Development & Other Costs (Civil Works, Customs Duty) $1,216
   Construction Contingency $2,041
   Value Added Tax $2,088
   Financing Costs $1,614
   Initial Working Capital $224
Total Uses of Fund – $000 $33,195
                                – PhP 000 1,669,612
Sources of Fund:
   Debt $23,237
   Equity $9,959
Total Sources of Fund $33,195

 

Local and Foreign Cost Components (from individual cost item):

Local Capital   = 45 %

Foreign Capital = 55 %

 

Balance Sheet Accounts:

Receivables = 30 days of revenue

Payables      = 30 days of expenses

Inventory     = 60 days of consumables

 

Imported Capital Equipment:

Customs duty = 0%

Value added tax (VAT) = 12%

VAT recovery = 70% on 5th year of operation

 

Type of input / output VAT = 0 (none)

Type of incentives = 2 (BOI incentives)

 

Tax Assumptions:

Income Tax Holiday (yrs) 7
Income Tax Rate % (after ITH) 10%
Property tax (from COD) 1.5%
Property tax valuation rate (% of NBV) 80%
Local Business Tax 1.0%
Government Share (from COD) 1.0%
ER 1-94 Contribution (PhP/kWh) 0.01
Withholding Tax on Interest (Foreign Currency) – WHT 10%
Gross Receipts Tax on Interest (Local Currency) – GRT 5%
Documentary Stamps Tax (DST) 0.5%
PEZA Incentives (% of gross income) – 0% / 5% 0%
Royalty 0%

 

Capital Structure:

Equity Share = 30% at 16.44% p.a. target equity returns (IRR)

Debt Share   = 70% (45% local, 55% foreign)

 

Debt Terms:

Local & Foreign Upfront & Financing Fees 2.00%
Local & Foreign Commitment Fees 0.50%
Local All-in Interest Rate excluding tax 10.00%
Local Debt Payment Period (from end of GP) (yrs) 10
Foreign All-in Interest Rate excluding tax 8.00%
Foreign Debt Payment Period (from end of GP) (yrs) 10
Local and Foreign Grace Period from COD (mos) 6
Local and Foreign debt Service Reserve (mos) 6

 

Foreign Exchange Rate:

Base Foreign Exchange Rate (PhP/US$) – 2014             48.0000 (construction)

Forward Fixed Exchange Rate (PhP/US$) – 2015           50.2971 (operating)

 

Escalation (CPI):

Annual Local CPI – for OPEX        0.0%            4.0%      for CAPEX (to model construction delay)

Annual US CPI – for OPEX            0.0%            2.0%      for CAPEX (to model construction delay)

 

Results of Financial Analysis:

 

First year tariff (Feed-in-Tariff) = 6.39759 P/kWh = 0.12720 USD/kWh

(at zero equity NPV)

 

Short run marginal cost (SRMC) and Long run marginal cost (LRMC):

Item PhP 000 PhP/kWh
Fuel 0.000
Lubes 92 0.000
Var O&M 73,223 0.084
Total 73,315 0.084
MWh net 876,543
SRMC 73,315 0.084
Fix O&M 714,656 0.815
Capital Cost 4,819,795 5.499
LRMC 5,607,766 6.398

 

Equity Returns: (30% equity, 70% debt)

IRR           = 16.44     % p.a. (target returns)

NPV         = 0.00     ‘000$

PAYBACK = 8.04     years

 

Project Returns: (100% equity, 0% debt)

IRR           = 13.61         % p.a.

NPV         = (205,576)   ‘000$ (negative since IRR < 16.44%)

PAYBACK = 6.51         years

——————————————————————————————-

The above runs were based on goal-seek to make equity NPV = 0 (to meet equity IRR target of 16.44% p.a.).

You can perform sensitivity analysis and save the results in a case column (copy paste value).

You can breakdown the tariff ($/kWh) into its capital ($/kW-month) and variable cost recovery ($/kWh) portions.

You can prepare all-in capital cost breakdown showing interest cost during construction and does model the impact of project construction delays.

You can show the evolution of capacity and generation (degradation) during the operating period and show other revenues, expenses and balance sheet accounts as they change over time during operation years.

You can show the income & expense statement.

You can show the cash flow statement.

You can show the balance sheet.

You can show the debt service cover ratio (DSCR) as it computes the cash flow available for debt service.

It also computes the benefits to cost ratio (B/C) of the project.

Finally, it computes the other financial ratios such as:

LIQUIDITY RATIOS

SOLVENCY RATIOS

EFFICIENCY RATIOS

PROFITABILITY RATIOS

MARKET PROSPECT RATIOS

 

Download the sample file below:

Model Inputs and Results – Onshore Wind

 

Download the complete demo model for an onshore wind power plant in PHP and USD currencies are shown below:

ADV Wind Onshore Model3 – demo5b

ADV Wind Onshore Model3 (USD) – demo5b

ADV Wind Offshore Model3 – demo5b

ADV Wind Offshore Model3 (USD) – demo5b

If you have actual data from your OEM and EPC suppliers, kindly share the data with me or simply enter your live data into the above models and see how the results will change immediately before your eyes. Please email me back the updated demo model with your new data so you may share it will all our readers of this blog.

 

To purchase the PHP and USD models at a discount (only USD400 for two models), click the link below:

 http://energydataexpert.com/shop/power-generation-technologies/on-shore-wind-power-project-finance-model-ver-3-in-usd-and-php-currency/

http://energydataexpert.com/shop/power-generation-technologies/advanced-offshore-wind-project-finance-model-ver-3/

 

You may place your order now and avail of a package for the unlocked model with free guidance on using it. The list price of the onshore and offshore wind model is USD1,400 and I will give you one-hour free for assistance in putting your input data into the model (via telephone or email or FB messenger).

Your energy technology selection expert.

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

How to use the advanced (regulator) ocean thermal energy conversion (OTEC) power plant project finance model

July 10th, 2017 No Comments   Posted in financial models

How to use the advanced (regulator) ocean thermal energy conversion (OTEC) power plant project finance model

(Lord God, bless my website and my readers that they will contribute to my charity fund for the jobless, sickly, needy, homeless, hungry and destitute. God Bless you all my friends for reading my blog and ordering my project finance models. Amen.)

Finding an easy-to-use project finance model for an ocean thermal power plant with built-in data is sometimes difficult as some models don’t have the sophistication of a regulator template model as well as the ease of using the model and viewing immediately the results of a sensitivity change in the inputs to the model.

This is now made easy because the Input & Assumptions worksheet (tab) has combined all the input and output information in a single worksheet and placing the reports in other worksheets such as Tariff Breakdown, Construction Period, Operating Period, Financial Reports and Levelized Tariff.

Following is a sample case study on an ocean thermal power plant. From the preliminary design and cost estimates, the top management would want to know if the business idea of going into ocean thermal power development, construction and operation is worth the effort – is it feasible and what are the economic and financial returns for risking capital.

Here are the inputs and outputs of the advanced template model from OMT ENERGY ENTERPRISES:

——————————————————————————————-

Here are the summary of inputs:

all-in capital cost (overnight cost) = 11,197 $/kW (target cost)

EPC cost portion = 8,013 $/kW (computed by model)

refurbishment cost = 5% of EPC cost on the 15th year (overhaul)

fixed O&M cost = 58.11 $/kW/year (target cost) = 327.08 ‘000$/unit/year (computed by goal seek)

variable O&M cost = 1.48 $/MWh (target cost) = 8.81 ‘000$/MW/year (computed by goal seek)

general admin cost = 600.00 ‘000$/year (target cost)

 

Thermal power plant inputs: (not applicable to ocean thermal)

Gross heating value of ocean thermal fuel = 5,198 Btu/lb

Plant heat rate = 13,500 Btu/kWh (25.28% thermal efficiency)

Cost of ocean thermal fuel = 1.299 PhP/kg = 1,299 PhP/MT

 

Lube oil consumption rate = 5.4 gram/kWh

Density of lube oil = 0.980 kg/Liter

Cost of lube oil = 200.00 PhP/Liter

 

capacity = 16.00 MW/unit x 5 units = 80.00 MW

 

Plant Availability Factor, %                                    98.68% (computed by goal seek)

Load Factor, %                                                      95.00% (assumed)

Allowance for losses & own use, %                      36.00% (assumed)

Net Capacity Factor after losses & own use, %    60.00% (target net capacity factor)

Degradation rate, %                                               0.2%

 

construction period = 26 months (start 2015)

operating period = 25 years (start 2018)

 

Capital cost estimation assumptions and % local cost (LC):

Power plant footprint (ha)                                   6.00

Cost of purchased land (PhP/sqm)                    25.00 (no land lease)

Land cost, $000 $29.82 100.0%
Equipment Cost ex BOP, Transport ($000/MW) $5,683.03 0.0%
Insurance, Ocean Freight, Local Transport, % of Equipment Cost 10.0% 100.0%
Balance of Plant (BOP), % of Equipment Cost 31.0% 66.0%
Transmission Line Distance (km) 10.00
T/L Cost per km, 69 kV ($000/km) $84.00 100.0%
Switchyard & Transformers ($000) $3,000.00 100.0%
Access Roads ($000/km) $2,200.00 100.0%
Distance of Access Road (km) 10.00
Dev’t & Other Costs (land, permits, etc) (% of EPC) 2.0% 100.0%
VAT on importation (70% recoverable) 12% 100.0%
Customs Duty 0% 100.0%
Initial Working Capital (% of EPC) 1.0% 100.0%
Contingency (% of Total Cost) 7.5% 30.0%

 

Capital cost breakdown (‘000$): (computed values):

Uses of Fund:
    Land Cost $30
   EPC (Equipment, Balance of Plant, Transport) $641,046
   Transmission Line Interconnection Facility $840
   Sub-Station Facility $3,000
   Development & Other Costs (Civil Works, Customs Duty) $34,821
   Construction Contingency $50,978
   Value Added Tax $64,590
   Financing Costs $94,045
   Initial Working Capital $6,410
Total Uses of Fund – $000 $895,760
                                 – PhP 000 45,054,130
Sources of Fund:
   Debt $627,032
   Equity $268,728
Total Sources of Fund $895,760

 

Local and Foreign Cost Components (from individual cost item):

Local Capital = 33 %

Foreign Capital = 67 %

 

Balance Sheet Accounts:

Receivables = 30 days of revenue

Payables    = 30 days of expenses

Inventory    = 60 days of consumables

 

Imported Capital Equipment:

Customs duty = 0%

Value added tax (VAT) = 12%

VAT recovery = 70% on 5th year of operation

 

Type of input / output VAT = 0 (none)

Type of incentives = 2 (BOI incentives)

 

Tax Assumptions:

Income Tax Holiday (yrs) 7
Income Tax Rate % (after ITH) 10%
Property tax (from COD) 1.5%
Property tax valuation rate (% of NBV) 80%
Local Business Tax 1.0%
Government Share (from COD) 1.0%
ER 1-94 Contribution (PhP/kWh) 0.01
Withholding Tax on Interest (Foreign Currency) – WHT 10%
Gross Receipts Tax on Interest (Local Currency) – GRT 5%
Documentary Stamps Tax (DST) 0.5%
PEZA Incentives (% of gross income) – 0% / 5% 0%
Royalty  0%

 

Capital Structure:

Equity Share = 30% at 16.44% p.a. target equity returns (IRR)

Debt Share = 70% (33% local, 67% foreign)

 

Debt Terms:

Local & Foreign Upfront & Financing Fees 2.00%
Local & Foreign Commitment Fees 0.50%
Local All-in Interest Rate excluding tax 10.00%
Local Debt Payment Period (from end of GP) (yrs) 10
Foreign All-in Interest Rate excluding tax 8.00%
Foreign Debt Payment Period (from end of GP) (yrs) 10
Local and Foreign Grace Period from COD (mos) 6
Local and Foreign debt Service Reserve (mos) 6

 

Foreign Exchange Rate:

Base Foreign Exchange Rate (PhP/US$) – 2013           48.0000 (construction)

Forward Fixed Exchange Rate (PhP/US$) – 2014           50.2971 (operating)

 

Escalation (CPI):

Annual Local CPI – for OPEX      0.0%            4.0%     for CAPEX (to model construction delay)

Annual US CPI – for OPEX           0.0%            2.0%     for CAPEX (to model construction delay)

 

Results of Financial Analysis:

 

First year tariff (Feed-in-Tariff) = 17.85986 P/kWh = 0.35509 USD/kWh

(at zero equity NPV)

 

Short run marginal cost (SRMC) and Long run marginal cost (LRMC):

Item PhP 000 PhP/kWh
Fuel                      – 0.000
Lubes              17,667 0.002
Var O&M            885,860 0.086
Total            903,527 0.088
MWh net        10,259,712
SRMC            903,527 0.088
Fix O&M        13,857,218 1.351
Capital Cost      168,476,263 16.421
LRMC      183,237,009 17.860

 

Equity Returns: (30% equity, 70% debt)

IRR          = 16.44    % p.a. (target returns)

NPV        = 0.00    ‘000$

PAYBACK = 6.84    years

 

Project Returns: (100% equity, 0% debt)

IRR          = 12.53        % p.a.

NPV        = (7,627,154)  ‘000$ (negative since IRR < 16.44%)

PAYBACK = 6.22        years

——————————————————————————————-

The above runs were based on goal-seek to make equity NPV = 0 (to meet equity IRR target of 16.44% p.a.).

You can perform sensitivity analysis and save the results in a case column (copy paste value).

You can breakdown the tariff ($/kWh) into its capital ($/kW-month) and variable cost recovery ($/kWh) portions.

You can prepare all-in capital cost breakdown showing interest cost during construction and does model the impact of project construction delays.

You can show the evolution of capacity and generation (degradation) during the operating period and show other revenues, expenses and balance sheet accounts as they change over time during operation years.

You can show the income & expense statement.

You can show the cash flow statement.

You can show the balance sheet.

You can show the debt service cover ratio (DSCR) as it computes the cash flow available for debt service.

It also computes the benefits to cost ratio (B/C) of the project.

Finally, it computes the other financial ratios such as:

LIQUIDITY RATIOS

SOLVENCY RATIOS

EFFICIENCY RATIOS

PROFITABILITY RATIOS

MARKET PROSPECT RATIOS

 

Download the sample file below:

Model Inputs and Results – Ocean Thermal

 

Download the complete demo model for an ocean thermal power plant in PHP and USD currencies are shown below:

ADV Ocean Thermal Model3_50 MW (USD) – demo5b

OTEC 50 mw Project Finance Model Ver. 3 – in USD and PHP Currency

 

If you have actual data from your OEM and EPC suppliers, kindly share the data with me or simply enter your live data into the above models and see how the results will change immediately before your eyes. Please email me back the updated demo model with your new data so you may share it will all our readers of this blog.

 

To purchase the PHP and USD models at a discount (only USD400 for two models), click the link below:

OTEC 50 mw Project Finance Model Ver. 3 – in USD and PHP Currency

 

You may place your order now and avail of a package for the unlocked model with free guidance on using it. The list price of the ocean thermal model is USD1,400 and I will give you one-hour free for assistance in putting your input data into the model (via telephone or email or FB messenger).

Your energy technology selection expert.

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

How to use the advanced (regulator) biomass power plant project finance model

July 9th, 2017 No Comments   Posted in financial models

How to use the advanced (regulator) biomass power plant project finance model

(Lord God, bless my website and my readers that they will contribute to my charity fund for the jobless, sickly, needy, homeless, hungry and destitute. God Bless you all my friends for reading my blog and ordering my project finance models. Amen.)

Finding an easy-to-use project finance model for a biomass power plant with built-in data is sometimes difficult as some models don’t have the sophistication of a regulator template model as well as the ease of using the model and viewing immediately the results of a sensitivity change in the inputs to the model.

This is now made easy because the Input & Assumptions worksheet (tab) has combined all the input and output information in a single worksheet and placing the reports in other worksheets such as Tariff Breakdown, Construction Period, Operating Period, Financial Reports and Levelized Tariff.

Following is a sample case study on a biomass power plant. From the preliminary design and cost estimates, the top management would want to know if the business idea of going into biomass power development, construction and operation is worth the effort – is it feasible and what are the economic and financial returns for risking capital.

Here are the inputs and outputs of the advanced template model from OMT ENERGY ENTERPRISES:

——————————————————————————————-

Here are the summary of inputs:

all-in capital cost (overnight cost) = 4,114 $/kW (target cost)

EPC cost portion = 2,848 $/kW (computed by model)

refurbishment cost = 10% of EPC cost on the 10th year (overhaul)

fixed O&M cost = 105.63 $/kW/year (target cost) = 5,132.47 ‘000$/unit/year (computed by goal seek)

variable O&M cost = 5.26 $/MWh (target cost) = 27.22 ‘000$/MW/year (computed by goal seek)

general admin cost = 10.00 ‘000$/year (target cost)

 

Thermal power plant inputs:

Gross heating value of biomass fuel = 5,198 Btu/lb

Plant heat rate = 12,186 Btu/kWh (28.00% thermal efficiency)

Cost of biomass fuel = 1.299 PhP/kg = 1,299 PhP/MT

 

Lube oil consumption rate = 5.4 gram/kWh

Density of lube oil = 0.980 kg/Liter

Cost of lube oil = 200.00 PhP/Liter

 

capacity = 50.00 MW/unit x 1 unit = 50.00 MW

 

Plant Availability Factor, %                                         97.08% (computed by goal seek)

Load Factor, %                                                            95.00% (assumed)

Allowance for losses & own use, %                            10.00% (assumed)

Net Capacity Factor after losses & own use, %         83.00% (target net capacity factor)

Degradation rate, %                                                      0.2%

 

construction period = 24 months (start 2014)

operating period = 20 years (start 2016)

 

Capital cost estimation assumptions and % local cost (LC):

Power plant footprint (ha)                                   50.00

Cost of purchased land (PhP/sqm)                    28.65 (no land lease)

Land cost, $000 $284.81 100.0%
Equipment Cost ex BOP, Transport ($000/MW) $1,964.38 24.7%
Insurance, Ocean Freight, Local Transport, % of Equipment Cost 10.0% 100.0%
Balance of Plant (BOP), % of Equipment Cost 35.0% 100.0%
Transmission Line Distance (km) 10.00
T/L Cost per km, 69 kV ($000/km) $20.00 100.0%
Switchyard & Transformers ($000) $569.03 100.0%
Access Roads ($000/km) $20.00 100.0%
Distance of Access Road (km) 10.00
Dev’t & Other Costs (land, permits, etc.) (% of EPC) 10.0% 100.0%
VAT on importation (70% recoverable) 12% 100.0%
Customs Duty 0% 100.0%
Initial Working Capital (% of EPC) 11.0% 100.0%
Contingency (% of Total Cost) 4.0% 50.0%

 

Capital cost breakdown (‘000$): (computed values)

Uses of Fund:
   Land Cost $285
   EPC (Equipment, Balance of Plant, Transport) $142,417
   Transmission Line Interconnection Facility $200
   Sub-Station Facility $569
   Development & Other Costs (Civil Works, Customs Duty) $14,442
   Construction Contingency $6,305
   Value Added Tax $9,253
   Financing Costs $16,563
   Initial Working Capital $15,666
Total Uses of Fund – $000 $205,700
                                 – PhP 000 10,346,113
Sources of Fund:
   Debt $143,990
   Equity $61,710
Total Sources of Fund $205,700

 

Local and Foreign Cost Components (from individual cost item):

Local Capital   = 59 %

Foreign Capital = 41 %

 

Balance Sheet Accounts:

Receivables = 30 days of revenue

Payables      = 30 days of expenses

Inventory     = 60 days of consumables

 

Imported Capital Equipment:

Customs duty = 0%

Value added tax (VAT) = 12%

VAT recovery = 70% on 5th year of operation

 

Type of input / output VAT = 0 (none)

Type of incentives = 2 (BOI incentives)

 

Tax Assumptions:

Income Tax Holiday (yrs) 7
Income Tax Rate % (after ITH) 10%
Property tax (from COD) 1.5%
Property tax valuation rate (% of NBV) 80%
Local Business Tax 1.0%
Government Share (from COD) 1.0%
ER 1-94 Contribution (PhP/kWh) 0.01
Withholding Tax on Interest (Foreign Currency) – WHT 10%
Gross Receipts Tax on Interest (Local Currency) – GRT 5%
Documentary Stamps Tax (DST) 0.5%
PEZA Incentives (% of gross income) – 0% / 5% 0%
Royalty

 

Capital Structure:

Equity Share = 30% at 16.44% p.a. target equity returns (IRR)

Debt Share   = 70% (59% local, 41% foreign)

 

Debt Terms:

Local & Foreign Upfront & Financing Fees 2.00%
Local & Foreign Commitment Fees 0.50%
Local All-in Interest Rate excluding tax 10.00%
Local Debt Payment Period (from end of GP) (yrs) 10
Foreign All-in Interest Rate excluding tax 8.00%
Foreign Debt Payment Period (from end of GP) (yrs) 10
Local and Foreign Grace Period from COD (mos) 6
Local and Foreign debt Service Reserve (mos) 6

 

Foreign Exchange Rate:

Base Foreign Exchange Rate (PhP/US$) – 2013            48.0000 (construction)

Forward Fixed Exchange Rate (PhP/US$) – 2014           50.2971 (operating)

 

Escalation (CPI):

Annual Local CPI – for OPEX        0.0%            4.0%      for CAPEX (to model construction delay)

Annual US CPI – for OPEX            0.0%            2.0%      for CAPEX (to model construction delay)

 

Results of Financial Analysis:

 

First year tariff (Feed-in-Tariff) = 7.39755 P/kWh = 0.1471 USD/kWh

(at zero equity NPV)

 

Short run marginal cost (SRMC) and Long run marginal cost (LRMC):

Item PhP 000 PhP/kWh
Fuel        10,951,959 1.535
Lubes                8,734 0.001
Var O&M        2,085,235 0.292
Total        13,045,928 1.829
MWh net        7,132,655
SRMC        13,045,928 1.829
Fix O&M        7,453,730 1.045
Capital Cost        32,264,546 4.523
LRMC        52,764,204 7.398

 

Equity Returns: (30% equity, 70% debt)

IRR           = 16.44     % p.a. (target returns)

NPV         = 0.00     ‘000$

PAYBACK = 7.27     years

 

Project Returns: (100% equity, 0% debt)

IRR           = 13.22         % p.a.

NPV         = (1,451,954)   ‘000$ (negative since IRR < 16.44%)

PAYBACK = 6.24         years

——————————————————————————————-

The above runs were based on goal-seek to make equity NPV = 0 (to meet equity IRR target of 16.44% p.a.).

You can perform sensitivity analysis and save the results in a case column (copy paste value).

You can breakdown the tariff ($/kWh) into its capital ($/kW-month) and variable cost recovery ($/kWh) portions.

You can prepare all-in capital cost breakdown showing interest cost during construction and does model the impact of project construction delays.

You can show the evolution of capacity and generation (degradation) during the operating period and show other revenues, expenses and balance sheet accounts as they change over time during operation years.

You can show the income & expense statement.

You can show the cash flow statement.

You can show the balance sheet.

You can show the debt service cover ratio (DSCR) as it computes the cash flow available for debt service.

It also computes the benefits to cost ratio (B/C) of the project.

Finally, it computes the other financial ratios such as:

LIQUIDITY RATIOS

SOLVENCY RATIOS

EFFICIENCY RATIOS

PROFITABILITY RATIOS

MARKET PROSPECT RATIOS

 

Download the sample file below:

Model Inputs and Results – Biomass Cogeneration

 

Download the complete demo model for a biomass power plant in PHP and USD currencies are shown below:

ADV Biomass Cogeneration Model3 – demo5b

ADV Biomass Cogeneration Model3 (USD) – demo5b

If you have actual data from your OEM and EPC suppliers, kindly share the data with me or simply enter your live data into the above models and see how the results will change immediately before your eyes. Please email me back the updated demo model with your new data so you may share it will all our readers of this blog.

 

To purchase the PHP and USD models at a discount (only USD400 for two models), click the link below:

Biomass Cogeneration Project Finance Model Ver. 3 – in USD and PHP Currency

Biomass Gasification Project Finance Model Ver. 3 – in USD and PHP Currency

Biomass IGCC Project Finance Model Ver. 3 – in USD and PHP Currency

Biomass WTE Project Finance Model Ver. 3 – in USD and PHP Currency

Biomass WTE-pyrolysis Project Finance Model Ver. 3 – in USD and PHP Currency

 

You may place your order now and avail of a package for the unlocked model with free guidance on using it. The list price of the biomass model is USD1,400 and I will give you one-hour free for assistance in putting your input data into the model (via telephone or email or FB messenger).

Your energy technology selection expert.

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

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

July 4th, 2017 No Comments   Posted in power generation

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

(Lord God, bless my website and my readers that they will contribute to my charity fund for the jobless, sickly, needy, homeless, hungry and destitute. God Bless you all my friends for reading my blog and ordering my project finance models. Amen.)

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 Technology –

technology-roadmap

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

near-term-energy-sources

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

long-term-energy-sources

=========

Email me for the power point presentations (in pdf format):

mars_ocampo@yahoo.com

energydataexpert@gmail.com

=============================================

PROJECT FINANCE MODELS (in Philippine Currency)

Try the models below in Philippine Currency (other currencies are available such as USD, EUR, GBP, CNY, THB, MYR, IDR, INR, etc.).

Group 1 – Renewable Energy Technologies:

ADV Biomass Cogeneration Model3 – demo5b

ADV Biomass Direct Combustion Model3 – demo5b

ADV Biomass Gasification Model3 – demo5b

ADV Biomass IGCC Model3 – demo5b

ADV Biomass WTE Model3 – demo5b

ADV Biomass WTE Model3 – pyrolysis – demo5b

ADV Mini-Hydro Model3 – demo5b

ADV Ocean Thermal Model3_10 MW – demo5b

ADV Ocean Thermal Model3_50 MW – demo5b

ADV Tidal Current Model3_30 MW (PHP) – demo5b

ADV Solar PV 1 mw Model3 – demo5b

ADV Solar PV 25 mw Model3 – demo5b

ADV Concentrating Solar Power (CSP) Model3 – demo5b

ADV Wind Offshore Model3 – demo5b

ADV Wind Onshore Model3 – demo5b

To avail of the Group 1 (renewables) package, click on the link below or paste to your browser:

http://energydataexpert.com/shop/power-generation-technologies/group-1-renewable-energy-biomass-solar-wind-mini-hydro-ocean-tidal/

Group 2 – Clean Coal Technologies:

ADV Coal-Fired CFB Thermal Model3_50 MW – demo5b

ADV Coal-Fired CFB Thermal Model3_135 MW – demo5b

ADV Coal-Fired PC Subcritical Thermal Model3 – demo5b

ADV Coal-Fired PC Supercritical Thermal Model3 – demo5b

ADV Coal-Fired PC Ultrasupercritical Thermal Model3 – demo5b

To avail of the Group 2 (pulverized coal, clean coal CFB) package, click the link below or paste to your browser:

http://energydataexpert.com/shop/power-generation-technologies/group-2-coal-technologies-pulverized-clean-coal-cfb/

Group 3 – Conventional & Fossil & Nuclear Technologies:

ADV Diesel Genset Model3 – demo5b

ADV Fuel Oil Genset Model3 – demo5b

ADV Fuel Oil Thermal Model3 – demo5b

ADV Geo Thermal Model3 – demo5b

ADV Large Hydro Model3 – demo5b

ADV Natgas Combined Cycle Model3 – demo5b

ADV Natgas Simple Cycle Model3 – demo5b

ADV Natgas Thermal Model3 – demo5b

ADV Petcoke-Fired PC Subcritical Thermal Model3 – demo5b

ADV Nuclear PHWR Model3 – demo5b

To avail of the Group 3 (conventional, fossil, nuclear and petcoke) package, click the link below or paste to your browser:

http://energydataexpert.com/shop/power-generation-technologies/group-3-conventional-fossil-nuclear-oil-coal-gas-geo-nuclear-petcoke/

Group 4 – Combined Heat & Power (CHP) and Waste Heat Recovery (WHR) Systems:

ADV Coal-Fired CFB Thermal Model3_50 MW CHP – demo5b

ADV Diesel Genset and Waste Heat Boiler Model3 – demo5b

ADV Fuel Oil Genset and Waste Heat Boiler Model3 – demo5b

ADV Gasoline Genset and Waste Heat Boiler Model3 – demo5b

ADV Propane Simple Cycle and Waste Heat Boiler Model3 – demo5b

ADV Simple Cycle and Waste Heat Boiler Model3 – demo5b

To avail of the Group 4 (combined heat & power, waste heat recovery boiler) package, click the link below or paste to your browser:

http://energydataexpert.com/shop/power-generation-technologies/group-4-combined-heat-power-chp-and-waste-heat-recovery-boiler/

=========

Download any of the above models to see its capabilities and ease of using.

Regards,

Your energy technology selection expert and project finance modeling expert

Email me for more details:

mars_ocampo@yahoo.com

energydataexpert@gmail.com

Visit us:

www.energydataexpert.com

www.energytechnologyexpert.com

Advanced Starter Model Kit for Beginners Now Available at Low Price

June 3rd, 2017 No Comments   Posted in financial models

Advanced Starter Model Kit for Beginners Now Available at Low Price (USD 300 – 3 models)

Yes, all beginners wanting to know how to do project finance modeling can now avail of this low price promo discount of only USD 300:

To sweeten the deal, you may select 3 types of power generation:

one renewable (biomass, solar, wind, mini-hydro, ocean energy) – USD 100

one conventional or fossil (large hydro, geothermal, coal, oil, natural gas, nuclear) – USD 100

one power generation with waste heat recovery (gasoline, diesel, fuel oil, natural gas, propane, LPG) – USD 100

More »

Natural Gas-fired Combined Cycle Gas Turbine (CCGT) Power Plant Model in African Country Currencies

March 15th, 2017 No Comments   Posted in financial models

Natural Gas-fired Combined Cycle Gas Turbine (CCGT) Power Plant Model in African Country Currencies – with financial ratios for risk analysis

Finding a project finance model template for natural gas-fired CCGT in African country currencies is now made easy using exchange rates to US DOLLAR as of March 14, 2017.

CCGT using natural gas is needed in Africa to develop its human capital and natural resources so it could provide the needed engine for growth. Investments in CCGT power generation technology will provide both base load and intermediate peak load capacities with low CO2 and NOX emissions and particulate emissions that are common from coal-fired and oil-based power generation.

The models also include financial ratios to identify potential risks during the project development stage, such as:

a) Liquidity Ratios (current ratio, quick ratio)

b) Solvency Ratios (debt to equity ratio, equity ratio, debt ratio)

c) Efficiency Ratios (asset turnover ratio, inventory turnover ratio)

d) Profitability Ratios (gross margin ratio, EBITDA margin ratio, return on assets ratio, net profit to assets ratio, return on owners’ equity, return on capital employed ratio)e) Market Prospect Ratios (earnings per share, price earnings ratio, dividend payout ratio, dividend yield ratio)

The sample models are based on the advanced (regulator) template that is easy to use and understand.

Try the samples below (paste the links below into your browser or Google the demo model):

COMBINED CYCLE GAS TURBINE (CCGT) POWER PLANT MODELS

Exchange rates are for the month of March 2017.

 

1 – ALGERIAN – DINAR (1 USD = 109.88583 DZD)

ADV Natgas Combined Cycle Model3 (DZD) – demo5b

2 – ANGOLAN – KWANZA (1 USD = 165.92052 AOA)

ADV Natgas Combined Cycle Model3 (AOA) – demo5b

3 – BENIN

to follow

4 – BOTSWANA – PULA (1 USD = 10.43969 BWP)

ADV Natgas Combined Cycle Model3 (BWP) – demo5b

5 – BURKINA FASO

to follow

6 – BURUNDI – FRANC (1 USD = 1709.35556 BIF)

ADV Natgas Combined Cycle Model3 (BIF) – demo5b

7 – CABO VERDE:

CAPE VERDE – ESCUDO (1 USD = 103.75679 CVE)

ADV Natgas Combined Cycle Model3 (CVE) – demo5b

CFA BCEAO – FRANC (1 USD = 615.35595 XOF)

ADV Natgas Combined Cycle Model3 (XOF) – demo5b

CFA BEAC – FRANC (1 USD = 615.35595 XAF)

to follow

8 – CAMEROON

to follow

9 – CENTRAL AFRICAN REPUBLIC (CAR)

to follow

10 – CHAD

to follow

11 – COMOROS

to follow

12 – DEMOCRATIC REPUBLIC OF CONGO

to follow

13 – REPUBLIC OF THE CONGO

to follow

14 – COTE D’IVOIRE

to follow

15 – DJIBOUTI – FRANC (1 USD = 178.78179 DJF)

ADV Natgas Combined Cycle Model3 (DJF) – demo5b

16 – EGYPTIAN – POUND (1 USD = 17.91116 EGP)

ADV Natgas Combined Cycle Model3 (EGP) – demo5b

17 – EQUATORIAL GUINEA

to follow

18 – ERITREA

to follow

19 – ETHIOPIAN – BIRR (1 USD = 22.76352 ETB)

ADV Natgas Combined Cycle Model3 (ETB) – demo5b

20 – GABON

to follow

21 – GAMBIAN – DALASI (1 USD = 44.60306 GMD)

ADV Natgas Combined Cycle Model3 (GMD) – demo5b

22 – GHANAIAN – CEDI (1 USD = 4.61531 GHS)

ADV Natgas Combined Cycle Model3 (GHS) – demo5b

23 – GUINEA – FRANC (1 USD = 9401.14454 GNF)

ADV Natgas Combined Cycle Model3 (GNF) – demo5b

24 – GUINEA-BISSAU

to follow

25 – KENYAN – SHILLINGS (1 USD = 102.70678 KES)

ADV Natgas Combined Cycle Model3 (KES) – demo5b

26 – LESOTHO – LOTI (1 USD = 13.13712 LSL)

ADV Natgas Combined Cycle Model3 (LSL) – demo5b

27 – LIBERIA

to follow

28 – LIBYAN – DINAR (1 USD = 1.40009 LYD)

ADV Natgas Combined Cycle Model3 (LYD) – demo5b

29 – MADAGASCAR

to follow

30 – MALAWI – KWACHA (1 USD = 726.04992 MWK)

ADV Natgas Combined Cycle Model3 (MWK) – demo5b

31 – MALI

to follow

32 – MAURITANIA

to follow

33 – MAURITIUS – DIRHAM (1 USD = 10.06507 MAD)

ADV Natgas Combined Cycle Model3 (MAD) – demo5b

MAURITIUS RUPEE (1 USD = 35.45235 MUR)

ADV Natgas Combined Cycle Model3 (MUR) – demo5b

34 – MOROCCO

ADV Natgas Combined Cycle Model3 (MUR) – demo5b

to follow

35 – MOZAMBIQUE

to follow

36 – NAMIBIAN – DOLLAR (1 USD = 13.13712 NAD)

ADV Natgas Combined Cycle Model3 (NAD) – demo5b

37 – NIGER

to follow

38 – NIGERIAN – NAIRA (1 USD = 315.26076 NGN)

ADV Natgas Combined Cycle Model3 (NGN) – demo5b

39 – RWANDA – FRANC (1 USD = 826.05649 RWF)

ADV Natgas Combined Cycle Model3 (RWF) – demo5b

40 – SAO TOME AND PRINCIPE

to follow

41 – SENEGAL

to follow

42 – SYCHELLES

to follow

43 – SIERRA LEONE

to follow

44 – SOMALI – SHILLINGS (1 USD = 578L94811 SOS)

ADV Natgas Combined Cycle Model3 (SOS) – demo5b

45 – SOUTH AFRICAN – RAND (1 USD = 13.15694 ZAR)

ADV Natgas Combined Cycle Model3 (ZAR) – demo5b

46 – SOUTH SUDAN – POUND (1 USD = 6.69044 SDG)

to follow

47 – SWAZILAND – LILANGEN (1 USD = 13.13712 SZL)

to follow

48 – TANZANIAN – SHILLING (1 USD = 2234.14742 TZS)

to follow

49 – TOGO

to follow

50 – TUNISIAN – DINAR (1 USD = 2.30285 TND)

to follow

51 – UGANDA – SHILLING (1 USD = 3595.23765 UGX)

to follow

52 – ZAMBIAN – KWACHA (1 USD = 6.62564 ZMW)

.to follow

53 – ZIMBABWE

to follow

OTHER CURRENCIES

EUROPEAN UNION – EURO (1 USD = 1.0765 EUR)

ADV Natgas Combined Cycle Model3 (EUR) – demo5b

UNITED STATES OF AMERICA – US DOLLAR (1 USD = 1.0000 USD)

ADV Natgas Combined Cycle Model3 (USD) – demo5b

PHILIPPINES – PHILIPPINE PESO (1 USD = 49.7830 PHP)

ADV Natgas Combined Cycle Model3 (PHP) – demo5b

 

The reader may request for other international currencies from the Energy Technology Selection Expert and Project Finance Modeling Expert.

Just email me the Country, name of currency and the base rate and forward rate exchange currency per US DOLLAR, and perhaps the OPEX and CAPEX escalation for the Country and the US escalation to assume too.

OTHER TECHNOLOGIES

There are many more renewable (solar CSP, solar PV, wind offshore, wind onshore, mini-hydro, OTEC), conventional (oil genset, oil thermal, coal thermal, petcoke thermal, gas thermal, combined cycle GT, simple cycle GT, geothermal, large hydro), nuclear power, and waste heat recovery systems (gasoline engine, diesel engine, and gas turbines using natural gas, landfill gas, propane, LPG).

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

Biomass and Other Power Plant Models in GREAT BRITAIN (UK) CURRENCY (GBP)

March 9th, 2017 No Comments   Posted in financial models

Biomass and Other Power Plant Models in GREAT BRITAIN (UK) CURRENCY (GBP) – with financial ratios for risk analysis

With the BREXIT, the British Energy & Power Market will provide investment opportunities in the world for renewable, conventional, energy storage, and waste heat recovery power generation technologies.

Be familiar with the British energy and power costs by downloading the project finance models.

Finding a project finance model template for biomass power plant (cogeneration, direct combustion, gasification, waste-to-energy, IGCC) and other power plants in BRITISH CURRENCY is now made easy.

The models also include financial ratios to identify potential risks during the project development stage, such as:

a) Liquidity Ratios (current ratio, quick ratio)

b) Solvency Ratios (debt to equity ratio, equity ratio, debt ratio)

c) Efficiency Ratios (asset turnover ratio, inventory turnover ratio)

d) Profitability Ratios (gross margin ratio, EBITDA margin ratio, return on assets ratio, net profit to assets ratio, return on owners’ equity, return on capital employed ratio)e) Market Prospect Ratios (earnings per share, price earnings ratio, dividend payout ratio, dividend yield ratio)

Following are downloadable GBP models for a biomass power plant and other power plants.

The exchange rates are based on the March 14, 2017 conversion table provided by www.xe.com.

The sample model is based on the advanced (regulator) template that is easy to use and understand.

Try the samples below (paste the links below into your browser or Google the demo model):

POWER PLANT MODELS IN BRITISH CURRENCY

Exchange rates are for the month of March 2017.

GREAT BRITAIN POUND – GBP (1 USD = 0.817605 GBP)

 

ADV Biomass Cogeneration Model3 (GBP) – demo5b

ADV Biomass Direct Combustion Model3 (GBP) – demo5b

ADV Biomass Gasification Model3 (GBP) – demo5b

ADV Biomass IGCC Model3 (GBP) – demo5b

ADV Biomass WTE Model3 (GBP) – demo5b

ADV Biomass WTE Model3 – pyrolysis (GBP) – demo5b

ADV Mini-Hydro Model3 (GBP) – demo5b

ADV Ocean Thermal Model3_10 MW (GBP) – demo5b

ADV Ocean Thermal Model3_50 MW (GBP) – demo5b

ADV Solar PV 1 mw Model3 (GBP) – demo5b

ADV Solar PV 25 mw Model3 (GBP) – demo5b

ADV Concentrating Solar Power (CSP) Model3 (GBP) – demo5b

ADV Wind Offshore Model3 (GBP) – demo5b

ADV Wind Onshore Model3 (GBP) – demo5b

 

ADV Coal-Fired CFB Thermal Model3_50 MW (GBP) – demo5b

ADV Coal-Fired CFB Thermal Model3_135 MW (GBP) – demo5b

ADV Coal-Fired PC Subcritical Thermal Model3 (GBP) – demo5b

ADV Coal-Fired PC Supercritical Thermal Model3 (GBP) – demo5b

ADV Coal-Fired PC Ultrasupercritical Thermal Model3 (GBP) – demo5b

 

ADV Diesel Genset Model3 (GBP) – demo5b

ADV Fuel Oil Genset Model3 (GBP) – demo5b

ADV Fuel Oil Thermal Model3 (GBP) – demo5b

ADV Geo Thermal Model3 (GBP) – demo5b

ADV Large Hydro Model3 (GBP) – demo5b

ADV Natgas Combined Cycle Model3 (GBP) – demo5b

ADV Natgas Simple Cycle Model3 (GBP) – demo5b

ADV Natgas Thermal Model3 (GBP) – demo5b

ADV Petcoke-Fired PC Subcritical Thermal Model3 (GBP) – demo5b

ADV Nuclear PHWR Model3 (GBP) – demo5b

 

ADV Coal-Fired CFB Thermal Model3_50 MW CHP (GBP) – demo5b

ADV Diesel Genset and Waste Heat Boiler Model3 (GBP) – demo5b

ADV Fuel Oil Genset and Waste Heat Boiler Model3 (GBP) – demo5b

ADV Gasoline Genset and Waste Heat Boiler Model3 (GBP) – demo5b

ADV Propane Simple Cycle and Waste Heat Boiler Model3 (GBP) – demo5b

ADV Simple Cycle and Waste Heat Boiler Model3 (GBP) – demo5b

 

OTHER CURRENCIES

The reader may request for other international currencies from the Energy Technology Selection Expert and Project Finance Modeling Expert.

Just email me the Country, name of currency and the base rate and forward rate exchange currency per US DOLLAR, and perhaps the OPEX and CAPEX escalation for the Country and the US escalation to assume too.

OTHER TECHNOLOGIES

There are many more renewable (solar CSP, solar PV, wind offshore, wind onshore, mini-hydro, OTEC), conventional (oil genset, oil thermal, coal thermal, petcoke thermal, gas thermal, combined cycle GT, simple cycle GT, geothermal, large hydro), nuclear power, and waste heat recovery systems (gasoline engine, diesel engine, and gas turbines using natural gas, landfill gas, propane, LPG).

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

Biomass and Other Power Plant Models in CHINESE CURRENCY (YUAN)

March 9th, 2017 No Comments   Posted in financial models

Biomass and Other Power Plant Models in CHINESE CURRENCY (YUAN) – with financial ratios for risk analysis

The Chinese Energy & Power Market is among the largest investment opportunities in the world for renewable, conventional, energy storage, and waste heat recovery power generation technologies.

Be familiar with the Chinese energy and power costs by downloading the project finance models.

Finding a project finance model template for biomass power plant (cogeneration, direct combustion, gasification, waste-to-energy, IGCC) and other power plants in CHINESE YUAN CURRENCY is now made easy.

The models also include financial ratios to identify potential risks during the project development stage, such as:

a) Liquidity Ratios (current ratio, quick ratio)

b) Solvency Ratios (debt to equity ratio, equity ratio, debt ratio)

c) Efficiency Ratios (asset turnover ratio, inventory turnover ratio)

d) Profitability Ratios (gross margin ratio, EBITDA margin ratio, return on assets ratio, net profit to assets ratio, return on owners’ equity, return on capital employed ratio)

e) Market Prospect Ratios (earnings per share, price earnings ratio, dividend payout ratio, dividend yield ratio)

Following are downloadable CNY models for a biomass power plant and other power plants.

The exchange rates are based on the March 14, 2017 conversion table provided by www.xe.com.

The sample model is based on the advanced (regulator) template that is easy to use and understand.

Try the samples below (paste the links below into your browser or Google the demo model):

POWER PLANT MODELS IN CHINESE YUAN CURRENCY

Exchange rates are for the month of March 2017.

CHINESE YUAN – CNY (1 USD = 6.91177 CNY)

 

ADV Biomass Cogeneration Model3 (CNY) – demo5b

ADV Biomass Direct Combustion Model3 (CNY) – demo5b

ADV Biomass Gasification Model3 (CNY) – demo5b

ADV Biomass IGCC Model3 (CNY) – demo5b

ADV Biomass WTE Model3 (CNY) – demo5b

ADV Biomass WTE Model3 – pyrolysis (CNY) – demo5b

ADV Mini-Hydro Model3 (CNY) – demo5b

ADV Ocean Thermal Model3_10 MW (CNY) – demo5b

ADV Ocean Thermal Model3_50 MW (CNY) – demo5b

ADV Solar PV 1 mw Model3 (CNY) – demo5b

ADV Solar PV 25 mw Model3 (CNY) – demo5b

ADV Concentrating Solar Power (CSP) Model3 (CNY) – demo5b

ADV Wind Offshore Model3 (CNY) – demo5b

ADV Wind Onshore Model3 (CNY) – demo5b

 

ADV Coal-Fired CFB Thermal Model3_50 MW (CNY) – demo5b

ADV Coal-Fired CFB Thermal Model3_135 MW (CNY) – demo5b

ADV Coal-Fired PC Subcritical Thermal Model3 (CNY) – demo5b

ADV Coal-Fired PC Supercritical Thermal Model3 (CNY) – demo5b

ADV Coal-Fired PC Ultrasupercritical Thermal Model3 (CNY) – demo5b

 

ADV Diesel Genset Model3 (CNY) – demo5b

ADV Fuel Oil Genset Model3 (CNY) – demo5b

ADV Fuel Oil Thermal Model3 (CNY) – demo5b

ADV Geo Thermal Model3 (CNY) – demo5b

ADV Large Hydro Model3 (CNY) – demo5b

ADV Natgas Combined Cycle Model3 (CNY) – demo5b

ADV Natgas Simple Cycle Model3 (CNY) – demo5b

ADV Natgas Thermal Model3 (CNY) – demo5b

ADV Petcoke-Fired PC Subcritical Thermal Model3 (CNY) – demo5b

ADV Nuclear PHWR Model3 (CNY) – demo5b

 

ADV Coal-Fired CFB Thermal Model3_50 MW CHP (CNY) – demo5b

ADV Diesel Genset and Waste Heat Boiler Model3 (CNY) – demo5b

ADV Fuel Oil Genset and Waste Heat Boiler Model3 (CNY) – demo5b

ADV Gasoline Genset and Waste Heat Boiler Model3 (CNY) – demo5b

ADV Propane Simple Cycle and Waste Heat Boiler Model3 (CNY) – demo5b

ADV Simple Cycle and Waste Heat Boiler Model3 (CNY) – demo5b


OTHER CURRENCIES

The reader may request for other international currencies from the Energy Technology Selection Expert and Project Finance Modeling Expert.

Just email me the Country, name of currency and the base rate and forward rate exchange currency per US DOLLAR, and perhaps the OPEX and CAPEX escalation for the Country and the US escalation to assume too.

OTHER TECHNOLOGIES

There are many more renewable (solar CSP, solar PV, wind offshore, wind onshore, mini-hydro, OTEC), conventional (oil genset, oil thermal, coal thermal, petcoke thermal, gas thermal, combined cycle GT, simple cycle GT, geothermal, large hydro), nuclear power, and waste heat recovery systems (gasoline engine, diesel engine, and gas turbines using natural gas, landfill gas, propane, LPG).

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

Biomass and Other Power Plant Models in PHILIPPINE PESO (PHP)

March 8th, 2017 No Comments   Posted in financial models

Biomass and Other Power Plant Models in PHILIPPINE PESO (PHP) – with financial ratios for risk analysis

The Philippine Energy & Power Market is among the leading investment opportunities in the world for renewable, conventional, energy storage, and waste heat recovery power generation technologies.

Be familiar with the Philippine energy and power costs by downloading the project finance models.

Finding a project finance model template for biomass power plant (cogeneration, direct combustion, gasification, waste-to-energy, IGCC) and other power plants in PHILIPPINE PESO CURRENCY is now made easy.

The models also include financial ratios to identify potential risks during the project development stage, such as:

a) Liquidity Ratios (current ratio, quick ratio)

b) Solvency Ratios (debt to equity ratio, equity ratio, debt ratio)

c) Efficiency Ratios (asset turnover ratio, inventory turnover ratio)

d) Profitability Ratios (gross margin ratio, EBITDA margin ratio, return on assets ratio, net profit to assets ratio, return on owners’ equity, return on capital employed ratio)

e) Market Prospect Ratios (earnings per share, price earnings ratio, dividend payout ratio, dividend yield ratio)

Following are downloadable PHP models for a biomass power plant and other power plants.

The exchange rates are based on the March 14, 2017 conversion table provided by www.xe.com.

The sample model is based on the advanced (regulator) template that is easy to use and understand.

Try the samples below (paste the links below into your browser or Google the demo model):

POWER PLANT MODELS IN PHILIPPINE PESO CURRENCY

Exchange rates are for the month of March 2017.

PHILIPPINE PESO – PHP (1 USD = 50.2971 PHP)

 

ADV Biomass Cogeneration Model3 – demo5b

ADV Biomass Direct Combustion Model3 – demo5b

ADV Biomass Gasification Model3 – demo5b

ADV Biomass IGCC Model3 – demo5b

ADV Biomass WTE Model3 – demo5b

ADV Biomass WTE Model3 – pyrolysis (PHP) – demo5b

ADV Mini-Hydro Model3 – demo5b

ADV Ocean Thermal Model3_10 MW – demo5b

ADV Ocean Thermal Model3_50 MW – demo5b

ADV Solar PV 1 mw Model3 – demo5b

ADV Solar PV 25 mw Model3 – demo5b

ADV Concentrating Solar Power (CSP) Model3 – demo5b

ADV Wind Offshore Model3 – demo5b

ADV Wind Onshore Model3 – demo5b

 

ADV Coal-Fired CFB Thermal Model3_50 MW – demo5b

ADV Coal-Fired CFB Thermal Model3_135 MW – demo5b

ADV Coal-Fired PC Subcritical Thermal Model3 – demo5b

ADV Coal-Fired PC Supercritical Thermal Model3 – demo5b

ADV Coal-Fired PC Ultrasupercritical Thermal Model3 – demo5b

 

ADV Diesel Genset Model3 – demo5b

ADV Fuel Oil Genset Model3 – demo5b

ADV Fuel Oil Thermal Model3 – demo5b

ADV Geo Thermal Model3 – demo5b

ADV Large Hydro Model3 – demo5b

ADV Natgas Combined Cycle Model3 – demo5b

ADV Natgas Simple Cycle Model3 – demo5b

ADV Natgas Thermal Model3 – demo5b

ADV Petcoke-Fired PC Subcritical Thermal Model3 – demo5b

ADV Nuclear PHWR Model3 – demo5b

 

ADV Coal-Fired CFB Thermal Model3_50 MW CHP – demo5b

ADV Diesel Genset and Waste Heat Boiler Model3 – demo5b

ADV Fuel Oil Genset and Waste Heat Boiler Model3 – demo5b

ADV Gasoline Genset and Waste Heat Boiler Model3 – demo5b

ADV Propane Simple Cycle and Waste Heat Boiler Model3 – demo5b

ADV Simple Cycle and Waste Heat Boiler Model3 – demo5b

 

OTHER CURRENCIES

The reader may request for other international currencies from the Energy Technology Selection Expert and Project Finance Modeling Expert.

Just email me the Country, name of currency and the base rate and forward rate exchange currency per US DOLLAR, and perhaps the OPEX and CAPEX escalation for the Country and the US escalation to assume too.

OTHER TECHNOLOGIES

There are many more renewable (solar CSP, solar PV, wind offshore, wind onshore, mini-hydro, OTEC), conventional (oil genset, oil thermal, coal thermal, petcoke thermal, gas thermal, combined cycle GT, simple cycle GT, geothermal, large hydro), nuclear power, and waste heat recovery systems (gasoline engine, diesel engine, and gas turbines using natural gas, landfill gas, propane, LPG).

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

Biomass and Other Power Plant Models in EUROPEAN UNION CURRENCY (EURO)

March 8th, 2017 No Comments   Posted in financial models

Biomass and Other Power Plant Models in EUROPEAN UNION CURRENCY (EURO) – with financial ratios for risk analysis

Finding a project finance model template for biomass power plant (cogeneration, direct combustion, gasification, waste-to-energy, IGCC) and other power plants in EUROPEAN UNION CURRENCY is now made easy.

The models also include financial ratios to identify potential risks during the project development stage, such as:

a) Liquidity Ratios (current ratio, quick ratio)

b) Solvency Ratios (debt to equity ratio, equity ratio, debt ratio)

c) Efficiency Ratios (asset turnover ratio, inventory turnover ratio)

d) Profitability Ratios (gross margin ratio, EBITDA margin ratio, return on assets ratio, net profit to assets ratio, return on owners’ equity, return on capital employed ratio)

e) Market Prospect Ratios (earnings per share, price earnings ratio, dividend payout ratio, dividend yield ratio)

Following are downloadable EUR models for a biomass power plant and other power plants.

The exchange rates are based on the March 14, 2017 conversion table provided by www.xe.com.

The sample model is based on the advanced (regulator) template that is easy to use and understand.

Try the samples below (paste the links below into your browser or Google the demo model):

POWER PLANT MODELS IN EUROPEAN UNION CURRENCY

Exchange rates are for the month of February 2017.

EUROPEAN UNION – EURO (1 USD = 0.940601 EUR)

 

ADV Biomass Cogeneration Model3 (EUR) – demo5b

ADV Biomass Direct Combustion Model3 (EUR) – demo5b

ADV Biomass Gasification Model3 (EUR) – demo5b

ADV Biomass IGCC Model3 (EUR) – demo5b

ADV Biomass WTE Model3 (EUR) – demo5b

ADV Biomass WTE Model3 – pyrolysis (EUR) – demo5b

ADV Mini-Hydro Model3 (EUR) – demo5b

ADV Ocean Thermal Model3_10 MW (EUR) – demo5b

ADV Ocean Thermal Model3_50 MW (EUR) – demo5b

ADV Solar PV 1 mw Model3 (EUR) – demo5b

ADV Solar PV 25 mw Model3 (EUR) – demo5b

ADV Concentrating Solar Power (CSP) Model3 (EUR) – demo5b

ADV Wind Offshore Model3 (EUR) – demo5b

ADV Wind Onshore Model3 (EUR) – demo5b

 

ADV Coal-Fired CFB Thermal Model3_50 MW (EUR) – demo5b

ADV Coal-Fired CFB Thermal Model3_135 MW (EUR) – demo5b

ADV Coal-Fired PC Subcritical Thermal Model3 (EUR) – demo5b

ADV Coal-Fired PC Supercritical Thermal Model3 (EUR) – demo5b

ADV Coal-Fired PC Ultrasupercritical Thermal Model3 (EUR) – demo5b

 

ADV Diesel Genset Model3 (EUR) – demo5b

ADV Fuel Oil Genset Model3 (EUR) – demo5b

ADV Fuel Oil Thermal Model3 (EUR) – demo5b

ADV Geo Thermal Model3 (EUR) – demo5b

ADV Large Hydro Model3 (EUR) – demo5b

ADV Natgas Combined Cycle Model3 (EUR) – demo5b

ADV Natgas Simple Cycle Model3 (EUR) – demo5b

ADV Natgas Thermal Model3 (EUR) – demo5b

ADV Petcoke-Fired PC Subcritical Thermal Model3 (EUR) – demo5b

ADV Nuclear PHWR Model3 (EUR) – demo5b

 

ADV Coal-Fired CFB Thermal Model3_50 MW CHP (EUR) – demo5b

ADV Diesel Genset and Waste Heat Boiler Model3 (EUR) – demo5b

ADV Fuel Oil Genset and Waste Heat Boiler Model3 (EUR) – demo5b

ADV Gasoline Genset and Waste Heat Boiler Model3 (EUR) – demo5b

ADV Propane Simple Cycle and Waste Heat Boiler Model3 (EUR) – demo5b

ADV Simple Cycle and Waste Heat Boiler Model3 (EUR) – demo5b

 

OTHER CURRENCIES

The reader may request for other international currencies from the Energy Technology Selection Expert and Project Finance Modeling Expert.

Just email me the Country, name of currency and the base rate and forward rate exchange currency per US DOLLAR, and perhaps the OPEX and CAPEX escalation for the Country and the US escalation to assume too.

OTHER TECHNOLOGIES

There are many more renewable (solar CSP, solar PV, wind offshore, wind onshore, mini-hydro, OTEC), conventional (oil genset, oil thermal, coal thermal, petcoke thermal, gas thermal, combined cycle GT, simple cycle GT, geothermal, large hydro), nuclear power, and waste heat recovery systems (gasoline engine, diesel engine, and gas turbines using natural gas, landfill gas, propane, LPG).

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

Biomass and Other Power Plant Models in UNITED STATES CURRENCY (USD)

February 12th, 2017 No Comments   Posted in financial models

Biomass and Other Power Plant Models in UNITED STATES CURRENCY (USD) – with financial ratios for risk analysis

Finding a project finance model template for biomass power plant (cogeneration, direct combustion, gasification, waste-to-energy, IGCC) and other power plants in US DOLLAR is now made easy.

The models also include financial ratios to identify potential risks during the project development stage, such as:

a) Liquidity Ratios (current ratio, quick ratio)

b) Solvency Ratios (debt to equity ratio, equity ratio, debt ratio)

c) Efficiency Ratios (asset turnover ratio, inventory turnover ratio)

d) Profitability Ratios (gross margin ratio, EBITDA margin ratio, return on assets ratio, net profit to assets ratio, return on owners’ equity, return on capital employed ratio)

e) Market Prospect Ratios (earnings per share, price earnings ratio, dividend payout ratio, dividend yield ratio)

Following are downloadable USD models for a biomass power plant and other power plants.

The exchange rates are based on the March 14, 2017 conversion table provided by www.xe.com.

The sample model is based on the advanced (regulator) template that is easy to use and understand.

Try the samples below (paste the links below into your browser or Google the demo model):

POWER PLANT MODELS IN UNITED STATES CURRENCY

Exchange rates are for the month of March 2017.

UNITED STATES – DOLLAR (1 USD = 1.0000 USD)

 

ADV Biomass Cogeneration Model3 (USD) – demo5b

ADV Biomass Direct Combustion Model3 (USD) – demo5b

ADV Biomass Gasification Model3 (USD) – demo5b

ADV Biomass IGCC Model3 (USD) – demo5b

ADV Biomass WTE Model3 (USD) – demo5b

ADV Biomass WTE Model3 – pyrolysis (USD) – demo5b

ADV Mini-Hydro Model3 (USD) – demo5b

ADV Ocean Thermal Model3_10 MW (USD) – demo5b

ADV Ocean Thermal Model3_50 MW (USD) – demo5b

ADV Solar PV 1 mw Model3 (USD) – demo5b

ADV Solar PV 25 mw Model3 (USD) – demo5b

ADV Concentrating Solar Power (CSP) Model3 (USD) – demo5b

ADV Wind Offshore Model3 (USD) – demo5b

ADV Wind Onshore Model3 (USD) – demo5b

 

ADV Coal-Fired CFB Thermal Model3_50 MW (USD) – demo5b

ADV Coal-Fired CFB Thermal Model3_135 MW (USD) – demo5b

ADV Coal-Fired PC Subcritical Thermal Model3 (USD) – demo5b

ADV Coal-Fired PC Supercritical Thermal Model3 (USD) – demo5b

ADV Coal-Fired PC Ultrasupercritical Thermal Model3 (USD) – demo5b

 

ADV Diesel Genset Model3 (USD) – demo5b

ADV Fuel Oil Genset Model3 (USD) – demo5b

ADV Fuel Oil Thermal Model3 (USD) – demo5b

ADV Geo Thermal Model3 (USD) – demo5b

ADV Large Hydro Model3 (USD) – demo5b

 ADV Natgas Combined Cycle Model3 (USD) – demo5b

ADV Natgas Simple Cycle Model3 (USD) – demo5b

ADV Natgas Thermal Model3 (USD) – demo5b

ADV Petcoke-Fired PC Subcritical Thermal Model3 (USD) – demo5b

ADV Nuclear PHWR Model3 (USD) – demo5b

 

ADV Coal-Fired CFB Thermal Model3_50 MW CHP (USD) – demo5b

ADV Diesel Genset and Waste Heat Boiler Model3 (USD) – demo5b

ADV Fuel Oil Genset and Waste Heat Boiler Model3 (USD) – demo5b

ADV Gasoline Genset and Waste Heat Boiler Model3 (USD) – demo5b

ADV Propane Simple Cycle and Waste Heat Boiler Model3 (USD) – demo5b

ADV Simple Cycle and Waste Heat Boiler Model3 (USD) – demo5b

 

 OTHER CURRENCIES

The reader may request for other international currencies from the Energy Technology Selection Expert and Project Finance Modeling Expert.

Just email me the Country, name of currency and the base rate and forward rate exchange currency per US DOLLAR, and perhaps the OPEX and CAPEX escalation for the Country and the US escalation to assume too.

OTHER TECHNOLOGIES

There are many more renewable (solar CSP, solar PV, wind offshore, wind onshore, mini-hydro, OTEC), conventional (oil genset, oil thermal, coal thermal, petcoke thermal, gas thermal, combined cycle GT, simple cycle GT, geothermal, large hydro), nuclear power, and waste heat recovery systems (gasoline engine, diesel engine, and gas turbines using natural gas, landfill gas, propane, LPG).

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com

 

Wind Turbine (Offshore, Onshore) Power Plant Model in Various Currencies

February 10th, 2017 No Comments   Posted in financial models

Wind Turbine (Offshore, Onshore) Power Plant Model in Various Currencies

Finding a project finance model template for renewable energy such as a wind turbine (offshore, onshore) power plant using several currencies relative to the US DOLLAR is now made easy.

Following are downloadable sample models for a wind turbine plant in various international currencies that are convertible to local currencies.

The exchange rates are based on the March 14, 2017 conversion table provided by www.xe.com.

The sample model is based on the advanced (regulator) template that is easy to use and understand.

Try the samples below (paste the links below into your browser or Google the demo model):

WIND TURBINE (ONSHORE, OFFSHORE) POWER PLANT MODELS

Exchange rates are for the month of March 2017.

 

UNITED ARAB EMIRATES – DIRHAM (1 USD = 3.67280 AED)

ADV Wind Onshore Model3 (AED) – demo5b

ADV Wind Offshore Model3 (AED) – demo5b

ARGENTINA – PESO (1 USD = 15.5095 ARS)

ADV Wind Onshore Model3 (ARS) – demo5b

ADV Wind Offshore Model3 (ARS) – demo5b

AUSTRALIA – DOLLAR (1 USD = 1.29423 AUD)

ADV Wind Onshore Model3 (AUD) – demo5b

ADV Wind Offshore Model3 (AUD) – demo5b

BAHRAIN – DINAR (1 USD = 0.376800 BHD)

ADV Wind Onshore Model3 (BHD) – demo5b

ADV Wind Offshore Model3 (BHD) – demo5b

BRAZIL – REAL (1 USD = 3.09168 BRL)

ADV Wind Onshore Model3 (BRL) – demo5b

ADV Wind Offshore Model3 (BRL) – demo5b

CANADA – DOLLAR (1 USD = 1.33181 CAD)

ADV Wind Onshore Model3 (CAD) – demo5b

ADV Wind Offshore Model3 (CAD) – demo5b

SWITZERLAND – FRANC (1 USD = 0.996449 CHF)

ADV Wind Onshore Model3 (CHF) – demo5b

ADV Wind Offshore Model3 (CHF) – demo5b

CHINA – YUAN (1 USD = 6.91177 CNY)

ADV Wind Onshore Model3 (CNY) – demo5b

ADV Wind Offshore Model3 (CNY) – demo5b

DENMARK – KRONER (1 USD = 6.91063 DKK)

ADV Wind Onshore Model3 (DKK) – demo5b

ADV Wind Offshore Model3 (DKK) – demo5b

EUROPEAN MONETARY UNION – EURO (1 USD = 0.940601 EUR)

ADV Wind Onshore Model3 (EUR) – demo5b

ADV Wind Offshore Model3 (EUR) – demo5b

UNITED KINGDOM – POUND (1 USD = 0.817605 GBP)

ADV Wind Onshore Model3 (GBP) – demo5b

ADV Wind Offshore Model3 (GBP) – demo5b

HONGKONG – DOLLAR (1 USD = 7.76474 HKD)

ADV Wind Onshore Model3 (HKD) – demo5b

ADV Wind Offshore Model3 (HKD) – demo5b

INDONESIA – RUPIAH (1 USD = 13324.49 IDR)

ADV Wind Onshore Model3 (IDR) – demo5b

ADV Wind Offshore Model3 (IDR) – demo5b

INDIA – RUPEE (1 USD = 65.4177 INR)

ADV Wind Onshore Model3 (INR) – demo5b

ADV Wind Offshore Model3 (INR) – demo5b

JAPAN – YEN (1 USD = 112.665 JPY)

ADV Wind Offshore Model3 (JPY) – demo5

ADV Wind Onshore Model3 (JPY) – demo5b

KOREA – WON (1 USD = 1121.28 KRW)

ADV Wind Onshore Model3 (KRW) – demo5b

ADV Wind Offshore Model3 (KRW) – demo5b

MEXICO – NEW PESO (1 USD =  19.0865 MXN)

ADV Wind Onshore Model3 (MXN) – demo5b

ADV Wind Offshore Model3 (MXN) – demo5b

MALAYSIA – RINGGIT (1 USD = 4.43100 MYR)

ADV Wind Onshore Model3 (MYR) – demo5b

ADV Wind Offshore Model3 (MYR) – demo5b

NORWAY – KRONER (1 USD = 8.44865 NOK)

ADV Wind Onshore Model3 (NOK) – demo5b

ADV Wind Offshore Model3 (NOK) – demo5b

NEW ZEALAND – DOLLAR (1 USD = 1.41897 NZD)

ADV Wind Onshore Model3 (NZD) – demo5b

ADV Wind Offshore Model3 (NZD) – demo5b

PHILIPPINES – PESO (1 USD = 50.2971 PHP)

ADV Wind Onshore Model3 (PHP) – demo5b

ADV Wind Offshore Model3 (PHP) – demo5b

PAKISTAN – RUPEE (1 USD = 104.830 PKR)

ADV Wind Onshore Model3 (PKR) – demo5b

ADV Wind Offshore Model3 (PKR) – demo5b

SAUDI ARABIA – RIAL (1 USD = 3.75032 SAR)

ADV Wind Onshore Model3 (SAR) – demo5b

ADV Wind Offshore Model3 (SAR) – demo5b

SWEDEN – KRONER (1 USD = 8.81064 SEK)

ADV Wind Onshore Model3 (SEK) – demo5b

ADV Wind Offshore Model3 (SEK) – demo5b

SINGAPORE – DOLLAR (1 USD = 1.39838 SGD)

ADV Wind Onshore Model3 (SGD) – demo5b

ADV Wind Offshore Model3 (SGD) – demo5b

SYRIA – POUND (1 USD = 214.330 SYP)

ADV Wind Onshore Model3 (SYP) – demo5b

ADV Wind Offshore Model3 (SYP) – demo5b

THAILAND – BAHT (1 USD = 34.7179 THB)

ADV Wind Onshore Model3 (THB) – demo5b

ADV Wind Offshore Model3 (THB) – demo5b

TAIWAN – NT DOLLAR (1 USD = 30.5136 TWD)

ADV Wind Onshore Model3 (TWD) – demo5b

ADV Wind Offshore Model3 (TWD) – demo5b

UNITED STATES – DOLLAR (1 USD = 1.0000 USD)

ADV Wind Onshore Model3 (USD) – demo5b

ADV Wind Offshore Model3 (USD) – demo5b

VENEZUELA – BOLIVAR (1 USD = 9985.05 VEB)

ADV Wind Onshore Model3 (VEB) – demo5b

ADV Wind Offshore Model3 (VEB) – demo5b

SOUTH AFRICA – RAND (1 USD = 12.6561 ZAR)

ADV Wind Onshore Model3 (ZAR) – demo5b

ADV Wind Offshore Model3 (ZAR) – demo5b

 

OTHER CURRENCIES

The reader may request for other international currencies from the Energy Technology Selection Expert and Project Finance Modeling Expert.

Just email me the Country, name of currency and the base rate and forward rate exchange currency per US DOLLAR, and perhaps the OPEX and CAPEX escalation for the Country and the US escalation to assume too.

OTHER TECHNOLOGIES

There are many more renewable (solar CSP, solar PV, wind offshore, wind onshore, mini-hydro, OTEC), conventional (oil genset, oil thermal, coal thermal, petcoke thermal, gas thermal, combined cycle GT, simple cycle GT, geothermal, large hydro), nuclear power, and waste heat recovery systems (gasoline engine, diesel engine, and gas turbines using natural gas, landfill gas, propane, LPG).

Email me for more details and how to order off-line:

energydataexpert@gmail.com

Visit our on-line digital store to order on-line

www.energydataexpert.com

www.energytechnologyexpert.com