Posts Tagged ‘wind’
A weakening US Dollar and Debt-Riddled US Economy – time to shift to renewable energy
A weakening US Dollar and Debt-Riddled US Economy – time to shift to renewable energy
The rapidly deteriorating US Economy and depreciating US Dollar – the result of mal-governance in the US financial system as well as its political system, is going to ruin the world with US-exported inflation, and deteriorating value of US debt instrument.
The US Dollar – “In God We Trust” is a symbol of American debt to the entire world. It is the medium currency of trade and transfer of US debt to the emerging economies – the BRIC (Brazil, Russia, India and China) – which holds tremendous US government treasury bonds. More »
How to earn passive income while refering my articles and project finance models to your friends and clients
How to earn passive income while referring my articles and project finance models to your friends and clients
Yes, I mean it. You can earn passive income thru your PayPal and bank account by simply referring clients interested in my project finance models, renewable energy resource assessment tools (e.g. wind, solar, mini-hydro), feed-in-tariff calculation models, power generation technology data, Philippine oil, coal, natural gas, biomass, biofuels, power generation and electricity sales, green house gas emission and other environmental data for developing energy and power generation projects. More »
50% discount on my project finance models for power and energy – Extended till July 31, 2011
50% discount on my project finance models for power and energy – Extended till July 31, 2011
Due to interest of readers and project developers and project finance modelers, I am extending the 50% discount period till July 31, 2011. Hurry up now and order and purchase my power generation data, levelized cost of energy models, and project finance models for calculating feed-in tariff for renewable energy and for calculating the economics of conventional fossil and non-fossil power generation technologies.
Your energy technology expert and business development consultant is calling on his co-experts to invest now in his state-of-the-art project finance models and renewable energy prospecting models for calculating annual capacity factor and its transient impact on grid power.
Hurry up now. The 50% discount offer is valid only up to July 31, 2011 at midnight Manila time. More »
Last day for 50% discount on my state-of-the-art project finance models
Last day for 50% discount on my state-of-the-art project finance models
June 30, 2011 midnight is the last chance for availing of the 50% discount on my state-of-the-art project finance models.
After this date, come July 1, 2011, the prices will revert to the old regular price found in the ENERGY DATA page of my website.
So avail of the discount now. Don’t dilly dally. Jump start your energy technology selection and business development consultancy service career and be the best in your field.
Regards,
Marcial
How to calculate the feed-in tariff for renewable electricity – assumptions
How to calculate the feed-in tariff for renewable electricity – assumptions
Your energy technology expert would like to share with its readers the basic assumptions in calculating the feed-in tariff using a project finance model that calculates the first year tariff (also the feed-in tariff) that will provide the minimum returns for the equity investors.
Fears of price spike due to renewable energy feed-in tariff allayed
Thursday, May 19, 2011 – Manila, Philippines
Fears of price spike due to renewable energy feed-in tariff allayed
BY JOHN LOURENZE POQUIZ
The National Renewable Energy Board yesterday allayed fears of a spike in power rates with the tapping of renewable energy, saying the added cost will only be about 12.57 centavos per kilowatt-hour. (MTO: but will be blended at 3% to the grid’s 97%)
In its proposed feed-in tariff (FIT) rates submitted to the Energy Regulatory Commission, the NREB pegged the rates at P6.15 per kWh for hydro, P7 for biomass, P10.37 for wind, P17.65 for ocean energy, and P17.95 for solar.
This gives an arithmetic average of P11.82 per kWh (weighted average is P8.8939 per kWh). More »
50% Discount on Renewable Energy Project Finance Models – Order Now
50% Discount on Renewable Energy Project Finance Models – Order Now
This June 2011, your favorite energy technology expert is offering its highly successful project finance models for renewable energy and power generation technologies for determining the first year tariff to meet equity returns of the investor (DCF IRR) which could be compared with the regulator’s feed-in tariff (FiT).
Jump start your consultancy career and make quality feasibility studies for renewable energy resource assessment that determines the annual capacity factor of intermittent renewable energy resources, which is then fed into the project finance models for RE technologies such as biomass combution, biomass gasification, solar PV and solar thermal, wind energy, mini-hydro, large hydro, geothermal, ocean wave, ocean current, tidal and ocean thermal energy conversion (OTEC).
The oil and gas resources going to be depleted in our lifetime and nuclear energy having safety issues, the world has to turn to the immense renewable energy resources of the earth.
Renewable Energy Prospecting Tools and Modeling – now available
Renewable Energy Prospecting Tools and Modeling – now available
With the recent Fukushima nuclear power plant partial meltdown, the world is now aware of the need towards developing alternative and cleaner, safer and renewable energy to supply the energy and power needs of the world. And to assist in facilitating renewable energy development, there is now a need for precise, easy-to-use renewable energy prospecting tools and using its output to assess the energy potential and the cost of its electricity output.
The energy technology expert has now expanded the usefulness of renewable energy prospecting tools such as the 3-TIER service provider (solar, wind and hydro).
Given the geographical location by specifying its coordinates (latitude and longitude), the 3-TIER provides the annual average wind speed, wind direction (wind rose), wind speed profile (wind speed vs time of year), and wind speed distribution (Weibull chart and constants).
To enhance the value of the 3-TIER outputs, the expert has now in place a wind energy assessment model that takes input data from wind prospecting tools such as 3-TIER that provides at any latitude and longitude and hub height (30, 50, 80 meters) determined from Google Earth or plain maps. The user of 3-TIER can generate and synthesize wind mast and monitoring data on wind, solar and hydro). It uses the daily average at certain times of the year (mid-month at day 15 and end of month at day 30) and interpolates the other days (day 1-14, day 16-29). More »
Feed-in Tariff (FiT) to be issued by March 2011
Feed-in Tariff (FiT) to be issued by March 2011
The government thru the National Renewable Energy Board (NREB) is targetting to come up with the feed-in tariff (FiT) rate scheme by the end of March this year (2011), a top Department of Energy (DOE) official said.
The FiT is the price per kWh sold that will be paid to all renewable energy (RE) developers and power generators for puting up these intermittent power generation plants. It shall be fixed for 15 years and shall be subject to review every 3 years with the possibility of lowering the FiT as technology and economy of scale improves. It is, however, prospective, and applies only to future RE projects, thus protecting the earlier RE investments from regulatory and pricing risks arising from technological improvements. The RE technologies being intermittent are thus considered must run and will be dispatched when available and transmission and distribution system operators are obliged to ensure that investments are made to ensure their safe and stable connection into the grid. More »
How to use biomass for energy and power
How to use biomass for energy and power
Here is my reply to an avid reader requesting for advice on how to use biomass effectively in his home town.
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Evaluating Renewable Energy Potential and Project Economics Made Easy
Evaluating Renewable Energy Potential and Project Economics Made Easy
Your energy technology selection expert wishes to announce the latest release of renewable energy (RE) project finance and energy resource evaluation tools, specifically for evaluating the performance of RE hybrid combinations such as minihydro-diesel, solar PV-diesel, wind-diesel PV and biomass gasification-diesel generation for off-grid as well as on-grid systems. The model will calculate the RE resource potential, predict the annual generation, and then calculate annual average capacity factors.
For off-grid, the model evaluates also the optimum fossil fuel back-up support so that the RE (minihydro, solar, wind, biomass) hybrid system will provide 24/7 hours of affordable and reliable electricity service.
Don’t waste your time evaluating the RE potential using obsolete and un-integrated software that are site and technology specific. In just a few minutes and few hours, you could run a series of wind site evaluations which compares the wind power levelized selling price (tariff) to your country’s diesel power generation cost or feed-in tariff.
It’s now the right time to change to the fully-integrated multi-site RE hybrid evaluation tools. More »
New Simplified Calculation Procedure for Levelized Cost of Energy (LCOE) and Feed-in Tariff
New Simplified Calculation Procedure for Levelized Cost of Energy (LCOE) and Feed-in Tariff
As part of the on-going technical preparations for the proposed mini-conference on the Mindanao Power Crisis this coming late August or early September 2010 and the main conference on “Energy & Climate Change”, the workshop coordinator, Mr. Marcial T. Ocampo, has prepared the simplified calculation procedure for calculating the levelized cost of energy (LCOE) and levelized selling price (tariff) for conventional and renewable energy resources.
The result of the simplified formulas using the US NREL formula for generation cost and the RP MTO formula for selling price were compared with the results from a full-blown project finance model and the variance between the two methods were minimal in most of the power generation technologies analyzed.
The input data came from the IEPR research summary of 2007 and from internationally published data on power generation technology by noted experts such as Paul Breeze and yours truly, Marcial Ocampo. More »
Tags: advanced nuclear, biogas, biomass, biomass cogeneration, biomass direct combustion, biomass gasification, circulating fluidized bed, clean coal, co-firing with coal, combined cycle gas turbine, concentrating solar, fuel cells, gas thermal, geothermal, geothermal binary, geothermal flashed steam, hydro, landfill gas, large hydro, LCOE, levelized cost of energy, levelized generation cost, levelized selling price, micro hydro, mini hydro, municipal solid waste, nuclear, ocean thermal conversion technology, ocean wave, oil diesel, oil thermal, OTEC, power generation technology, pulverized coal, pumped hydro, sewage digestion, simple gas turbine, small hydro, solar photovoltaic, solar PV, solar thermal, tariff, tidal power, utility wind, wave energy, wind, wind farm
Municipal Solid Waste (MSW) to Power Project
Municipal Solid Waste (MSW) to Power Project
This is a power point presentation with a project finance model for calculating feed-in tariff (FiT).
The FiT is a renewable energy charge paid to renewable energy (RE) developers for providing power to the grid. It is paid for by the Transco operator who collects a renewable energy charge (REC) from all consumers of electricity in the country. By being spread out to all consumers, the burden of a higher FiT compared to the average grid rate is shared equally by all citizens and consumers alike since they will benefit from the positive impact of RE on global warming and climate change issues.
Feed-in Tariff Calculator – from simple RP MTO formula to project finance model
Feed-in Tariff Calculator – from simple RP MTO formula to project finance model
Yes, you are right. A feed-in tariff calculator using the modified US NREL formula for levelized cost of energy (LCOE) or levelized cost of electrity is available from you Energy Technology Expert – Marcial Ocampo. (Please refer to my previous articles on simplified formula for LCOE.)
In addition, we prepared a more sophisticated project finance model to calculate the feed-in tariff using the discounted cash flow internal rate of return method (DCF IRR). More »
Special Promo (70% discount) for Project Finance Models Extended for the Whole February 2010
Special Promo (70% discount) for Project Finance Models Extended for the Whole February 2010
The author of this blog is indeed very happy for the response and interest on the project finance models that has been offered for sale in the internet thru either PayPal (using the DONATE button), or thru the DATA page for small-scale and large-scale project finance models. The discount is further increased from the previous 50% to 70% to keep the momentum going for this marvelous special promo.
Thus for February 2010, a 70% discount on large-scale project finance models will be offered to all our valued clients. The price of small-scale project finance models, however, remain to enable the author continue his pioneering work. More »
Preliminary Feed-in Tariff (FiT) for Renewable Energy Sources in the Philippines – Biomass, Mini-Hydro, Wind and Solar
Preliminary Feed-in Tariff (FiT) for Renewable Energy Sources in the Philippines – Biomass, Mini-Hydro, Wind and Solar
Last January 20-21, 2010, the Philippine Department of Energy (DOE) and the National Renewable Energy Board (NREB) and in consultation with the Renewable Energy (RE) Alliance, conducted a three day seminar at the Subic International Hotel at the Subic Free Port, Province of Zambales, Philippines.
With the recent passage last year (2009) of the Philippine Renewable Energy Law (R.A. 9513) and its Implementing Rules and Regulations (DC 2009-05-0008), a Feed-In Tariff mechanism has to be established in the country within a year (February 2010). In particular, a feed-in tariff scheme which provides an obligation to the power industry to source RE generation at a guaranteed fixed price over a period of time, which should not be less than a period of 12 years (15 years per ERC), to be determined by the Energy Regulatory Commission (ERC). More »
How to Optimize Power Plant Design and Configuration (technology, capacity, efficiency, location)
How to Optimize Power Plant Design and Configuration (technology, capacity, efficiency, location) – see download file for input data
Optimizing the overall project concept during the plant feasibility study and detailed engineering study is a common problem faced by project developers and EPC contractors. The question commonly asked by project owners from project developers and designers are:
(1) What engine/manufacturer should be considered (e.g. Siemens, Westinghouse, General Electric, Mitsubishi, Alstom, etc)? More »
Project Finance Model for Hybrid Power Plant / Multi-fuel System with CDM
Project Finance Model for Hybrid Power Plant / Multi-fuel System with CDM
During implementation of a project feasibility study for a natural gas pipeline that will serve an anchor load 250-500 mw natural gas-fired combined cycle gas turbine (CCGT), it was felt that additional market for the excess Malampaya natural gas (300 mw surplus plus banked gas for sale) needs to be developed to improve the economics of the pipeline.
Doing a market, technical and feasibility study for this end-use conversion economics will thus entail developing a robust project finance model that is versatile enought to handle conversion of existing power generation and steam/process heat technologies (coal fired, bunker fired, diesel fired diesel electric generators, steam and process heat equipment, refrigeration) to natural gas firing.
The author, an energy technology and business development consultant, has prepared an Incremental Economics Conversion Model for comparing a base case (existing coal-fired or oil fired generation, process heat, refrigeration and air conditioning equipment) versus a more energy efficient, less polluting and cheaper to operate natural gas-fired equipment. More »
Project Finance Models for Power Plants with Carbon Credits under CDM (download file)
Project Finance Models for Power Plants with Carbon Credits under CDM (download file)
Impact of New Renewable Energy (RE) Law and its IRR on Electricity Price (Feed-In Tariff Calculation Procedure)
Impact of New RE Law and its IRR on Electricity Price
(Feed-In Tariff Calculation Procedure)
Energy Technology Conference & Exhibition 2009
By: Marcial T. Ocampo
Date: December 2, 2009
Venue: New World Hotel, Makati
Outline
- Republic Act No. 9513 (RE Law)
- DOE Circular No. DC2009-05-0008 (IRR)
- DOE Circular No. DC2009-07-0011 (Guidelines)
- Feed-In Tariff System
- Financial Model – before and after RE Law
- Mini Hydro -
- Biomass -
- Wind -
- Solar – More »
