College Assignment Help Writing Original Writing Services Writing A Short Essay How To Write A Short Essay For College Help Writing My Paper Personal Essay For Graduate School Nursing Essay Writer Service Toronto Creative Writing Services Clearwater Creative Writing Services Essays Term Papers Essay Term Paper Difference Helping With Homework Adhd Parents Helping With Homework Write Academic Paper Write Scientific Paper Abstract How To Write Academic Paper For Publication Buy Essays Uk Buy Law Essays Uk Where To Buy Business Plan Pro Premier Writing Term Papers For A Living Help With Thesis Statements Buy A Paper Buy A Paper Shredder Buy A Paper For School Do My Assignments Australia Do My Homework Australia Homework Help In Economics Professional Writing Online Version 3.0 3rd Edition Professional Writing Online James Porter Malaysia Assignment Helper Pay For Research Paper Pay For Your Research Paper Write A Great Essay Write A Strong Essay Write A Good Essay Intro Write A Great College Essay Where Can I Pay Someone To Do My Homework Writing A Paper For College Best Cv Writing Services Uk Best Cv Writing Services India Top Cv Writing Services London Thesis Writing Write An Essay On My Computer Academic Paper Academic Paper Search Essay On My Best Friend In Marathi Language Assignment Help For Students Assignment Writing Service In London Term Papers Writers American Term Paper Writers High School Assignment Help High School Homework Help Write A Narrative Essay Write Report Writing How To Write Report Writing In English Why We Write Report Writing Best Custom Essay Best Custom Essay Company Online Essay Writers Writing Research Papers Writing Research Papers 13th Edition Can Someone Do My Paper University Of Texas At Austin Homework Service How To Buy A Research Paper Cheap Professional Essay Editing Services Custom Report Writing Service Admission Essay Writing Service Admission Essay Introduction College Paper Writers Essays Buy Buying Essays Online Plagiarism Essays English Children Best Place To Buy Research Papers Best Place Buy Research Paper Online Where To Buy Research Papers Write My Papers For Cheap Essays Help Essays Helper Helpless Essays Purchase Essay Online Write College Papers For Money Custom Essay Papers Cheap Custom Essay Papers Custom Essays Essay Help Essay Self Help Best Help Best Essay Help Discount Code Legit Essay Writing Services Cheap Custom Essays English Thesis Papers Custom Essay Writing Usa Academic Writing Services India Academic Paper Writing Service Educational Report Writing Hot To Write A College Essay Homework Hotline Number Homework Helpline Big Y Homework Hotline Ct Homework Helpline Homework Help Line Nyc Customized Essay Custom Essay Writing Custom Essay Help Buy Home Workout Equipment Buy Work Home Leads Key Worker Homebuy How Does Homebuy Work Best Buy At Home Work College Admission Essays For Sale Essay Research Paper Thesis Research Paper Help Writing Argumentative Essay Online Help With Homework Online Accounting Help With Homework Online Help With Algebra Homework Online Help With Statistics Homework How To Start Writing My Research Paper How Do I Start Writing My Research Paper English Essays For Students India English Essays For Kids India Are Custom Essay Writing Services Legal Write My College Essay Me Who Can Do My Essay For Me Nursing Assignment Help Help With Algebra Homework Help With Algebra 2 Homework Help With College Algebra Homework Professional Development Essay Professional Development Plan Essay Cv Writing Service Reviews Essay On Paper Boat Essay On Paper Bags Ghostwriters For Hire Ghost Writers For Hire Nyc Is It Safe To Buy Research Paper Online Law School Personal Statement Editing Service Write A Term Paper For Me Writing Service Agreement Contracts Buying Essays Online Caught Buying Essays Plagiarism Written Essay Papers Scholarship Essay For Business Scholarship Essay For Business School Cheapest Resume Writing Service In India Best Online Will Writing Services Help Me Write An Essay Best Way To Order A Research Paper Research Essay Papers Research Essay Thesis Statement Buy School Papers Buy Law School Papers Buy High School Papers Executive Resume Writing Services India Help With School Homework Help With Secondary School Homework After School Help With Homework Write My Paper Co Write My Paper.com Write My Essay.com Write My Essay.com Reviews Essay Sites List How Can I Write A Perfect Essay How I Write A Good Essay Help Writing Term Paper Writing An Essay Conclusion Essay On Community Helpers For Kids Peer Helpers Essay Domestic Helpers Essay Write My Assignment Australia Best English Essay Site Best Photo Essay Sites Top Custom Writing Service Gre Essay Writing Gre Essay Writing Preparation Essay Writing Companies London Top Essay Writing Companies Writing English Essays Creative Writing English Essays Earth Science Homework Help Why We Buy Book Report Where Can I Buy Book Reports Personal Writing Essay English Essays For Secondary Students Essays For Secondary Students Essay Writing For Esl Learners Essays Written By Esl Students Writing A Narrative Essay For Kids Help Writing Papers Help Writing Research Paper Help Writing Philosophy Paper Custom Writing Cheap Custom Essay Writing Cheap Accounting Assignment Help Melbourne Law Assignment Help Melbourne Essays For High Schoolers Need Someone To Write My Essay Hire Someone To Do My Essay Buy Papers Please Buy Papersofa Professional Writing Company Professional Cv Writing Company Music To Help Write An Essay Words To Help Write An Essay Writing A Recommendation Letter For A Student Teacher How To Write A Recommendation Letter For A Student High School Someone Do My Essay Write Admission Essay Do Essay Writing Services Work Harvard Essay Writing Service Harvard Essay Writing System Harvard Referencing Essay Writing Buy Literature Review Uk Don#39t Want Do My Homework I Can#39t Do My Homework Lyrics Book Review Writing Services Photo Book Services Review Write Winning Scholarship Essays Who Can Write A Paper For You Write Your Paper For You Pay Someone To Write A Paper For You Music To Help Do Homework Help Me To Do My Homework Help I Don#39t Want To Do Homework Cheap Law Essays Cheap Labor Essays Online Report Writing Training Online Report Writing Tool Personal Essay For Graduate School Application College Essay Services Management Essays Leadership Essays Management Vs Leadership Essays Management Accounting Writing A Critical Analysis Of A Painting How To Write A Critical Analysis Essay On A Painting Cheap Essay Uk Professional Written Essays Professional Writing Essays Essay On Research Essay On Research Methods Essay On Research Methodology Essay On Research And Development Essay On Research Ethics Essay On Research Interest Essay On Research Report Easy Graduation Speeches Writing A Basic College Essay How To Write A Basic Argumentative Essay Paid Essays Paid Written Essays Paid College Essays College Essays Essay Writing Do My Research Project Do My Homework For Cash Writing An Essay Introduction To Compare And Contrast List Of Famous Essay Writers Best Resume Writing Services Canada Best Resume Writing Services Toronto Customer Writing Service Essay.org Essay.com Sites Essay.com In Marathi I Need A Thesis I Need A Thesis For My Essay I Need A Thesis For My Paper I Need A Thesis Sentence I Need A Thesis Statement On Bullying Help Writing A Descriptive Essay Writing A Descriptive Essay Powerpoint Writing A Descriptive Essay About Yourself Cheap Dissertation Writing Services Who To Write A Essay How To Write A Essay For College Write Comparison Essay Comparing Writing Essays To Going To The Dentist Writing A Proper Essay How To Write A Proper Essay For College Essay For Me Essay For Medical Assistant Essay For Meteorology Homework Help With Science Writing Paper For College Students Buying Term Papers On Line Need Help With Accounting Assignment Need Help With Marketing Assignment College Homework Help College Algebra Homework Help Academic Writing For Graduate Students Pdf Academic Writing For Graduate Students Answer Key Academic Writing For Graduate Students Swales Academic Writing For Graduate Students Commentary Help Me Write My Paper Writing Essays In English Language And Linguistics Writing Essays In English Language And Linguistics Pdf Writing Essays In English Pdf Writing Essays In English Phrases Writing Progress Reports Writing Progress Reports For Iep Goals Writing Progress Reports For Reading Literature Review Writing Service Uk Research Writing Help Legal Research And Writing Help

Subscribe

Ocean Thermal Energy Conversion (OTEC) Model – avail of 50% discount now

August 4th, 2011 Posted in Uncategorized

Ocean Thermal Energy Conversion (OTEC) Model- avail of 50% discount now

As promised in my previous blog, I will now deal with the cost of renewable energy technologies (feed-in-tariff). I will be making a special offer for the purchase of the following RE technologies:

1) Biomass Power Model (Direct Combustion, Cogeneration, Gasification of MSW)

2) Mini-Hydro Power Model

3) Ocean Thermal Energy Conversion (OTEC) Model

4) Solar PV Power Model

5) Wind Power Model

6) Renewable Energy Resource Assessment Model (Wind, Solar PV, Mini-Hydro) – Converts wind speed measurement, solar radiation and rainfall data into hourly power output, annual power generation and annual capacity factor)

The Ocean Thermal Energy Conversion (OTEC) Model is a project finance model for calculating the feed-in-tariff to be paid to all biomass energy developers and generators. It will be paid by the TRANSCO operator now NGCP (National Grid Corporation of the Philippines) who in turn collects the entire amount from all end-users and private generators of electricity in the country.

The Renewable Charge (RC) is like the Universal Levy that is calculated by dividing the total renewable energy payment to developers and generators by the total electricity sales in the country, thus spreading the burden uniformly thru all citizens, including all tax payers and non-tax payers and foreigners who are using electricity in the country.

Because of its universal application, the burden is small and equally shared by all citizens and foreigners alike, making a modest contribution to promoting renewable energy use, sustainable development by using inexhaustible renewable energy to conserve and prolong the lifetimes of fossil fuels (oil, coal, natural gas, LNG).

My model for feed-in-tariff (FiT) calculation has input and assumptions and result summary sheet that is easy to understand. It also has other worksheets for construction period and operating period calculations of capital cost, generation, revenues and operating costs. Standard financial reports are then prepared for income statement, balance sheet, cash flow statement and calculation of equity IRR and project IRR.

The special price of the Ocean Thermal FIT Model is US$1,200 with sample data and simple instructions.

To purchase, you may send payment thru PayPal by clicking the DONATE button in this blog found at the lower right hand side, or confirm your order via email and I will email back to you my bank account where you can remit payment via bank/wire transfer.

The control panel of the model is shown below:

———– price at 50% discount – US$600

 

 

Project Site Name & Location

Zambales

Renewable Energy Source

Ocean Thermal

Hours per Year

8760

   
Timing  
  Construction Period (from FC) (months)

12

  Operating Period (Yrs from COD)

20

  Yrs from base year CPI & Forex (2009) for FIT

3

  Yrs from base year CPI (2011) for CAPEX

1

  Yrs from base year CPI (2011) for OPEX

2

   
Construction Sources and Uses of Funds, $000  
  Uses of Fund:  
    EPC (Equipment, Balance of Plant, Transport, Access Roads)

$180,687

    Transmission Line Interconnection Facility

$875

    Sub-Station Facility

$1,941

    Development & Other Costs

$4,189

    Construction Contingency

$14,216

    Value Added Tax

$17,687

    Financing Costs

$11,119

    Initial Working Capital

$1,835

  Total Uses of Fund

$232,548

   
  Sources of Fund:  
    Debt

$162,784

    Equity

$69,765

  Total Sources of Fund

$232,548

   
  Construction Unit Costs (US$/kW):  
    EPC Cost

$11,293

    Plant Cost (Excluding VAT, Financing, Working Capital)

$12,619

    All-in Project Cost

$14,534

   
   
Model Check:  
Balance Sheet

OK

Foreign Debt Amorization

OK

Local Debt Amortization

OK

Depreciation

OK

Sources and Uses of Funds

OK

Debt-to-Equity Ratio

OK

   
Base Years  
  Base year CPI & Forex for FiT

2009

  Base year CPI for CAPEX

2011

  Base year CPI for OPEX

2011

   
Commercial Operating Date

2012

   

 

 

 

 

Technical and EPC Assumptions    
Unit Capacity of Plant (MW/unit)

16.000

 
No. of Units (unit)

1.0

 
Gross Installed Capacity (MW)

16.00

 
     
Plant Availability Factor, %

96.90%

 
Guaranteed Efficiency Factor, %

95.00%

 
Allowance for losses & own use, %

36.00%

 
Net Capacity Factor after losses & own use, %

58.91%

 
Net Electrical Output (MWh in 1st Year)

82,574

 
Plant Degration, % p.a. (1-20 Yrs)

0.20%

 
   

% LC

Equipment Cost ex BOP, Transport ($000/MW)

$7,819.00

0.0%

Insurance, Ocean Freight, Local Transport

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)

$84.09

100.0%

Switchyard & Transformers ($000)

$1,866.67

100.0%

Access Roads ($000/km)

$50.00

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%

Initial Working Capital (% of EPC)

1.00%

100.0%

Contingency (% of Total Cost)

7.5%

75.0%

     
Operating Assumptions  

Equitty IRR

  Feed-in-Tariff (PhP/kWh)

17.65

15.3%

  Duration of FiT (Yrs)

20

Project IRR

  Tariff post FiT period (PhP/kWh)

7.00

12.9%

  FiT using Asset Base Methodology (PhP/kWh)

18.97

 
  Annual CER Volume (tCO2e/year) and $/tCO2e                -  

$5.00

     
  O&M Cost ($000/unit/year)

$53.33

 
  Spare Parts, Tools & Equipment ($000/MW/yr)

$13.33

 
  O&M + Spares as % of EPC, T/L, S/S

3.52%

 
  Refurbishment Cost (% of EPC)

0%

 
  Timing of Refurbishment (Year from COD)

0

 
  G&A ($000/year)

$600

 
  Fuel Cost (switch for Biomass: 1=yes, 0=no)

0

 
    Average Fuel Cost (PhP/mt)                -    
    Fuel Rate (kWh/mt)                -    
    Average Fuel Consumption (mt/year)                  -  
    Average Unit Cost of Fuel (PhP/kWh)               -     
     
  Days Receivable & Payable

30

30

  VAT Recovery

70%

 
  Timing of VAT recovery (Yrs after COD)

5

 
     

 

 

 

Debt and Equity Assumptions  
Local/Foreign Capital Mix:  
  Local Capital

34.3%

  Foreign Capital

65.7%

   
Debt:  
  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 (months)

6

  Local and Foreign debt Service Reserve (months)

6

  Debt Ratio

70%

  Total Local Debt ($000) – 30%

$9,946

  Total Foreign Debt ($000) – 70%

$152,838

    Total Debt Amount ($000)

$162,784

   
Equity:  
  Equity Ratio

30%

  Equit Investment

$69,765

  Cost of Equity (Onshore Equity IRR) – Nominal

15.3%

  Cost of Equity (Onshore Equity IRR) – Real

10.8%

   
WACC pre-tax

10.8%

WACC after-tax

9.7%

   
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)

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

5%

   
Economic Assumptions  
  Base Foreign Exchange Rate (PhP/US$) – 2009

47.8125

  Forward Fixed Exchange Rate (2011)

44.0000

  Base Local CPI – 2009

160.00

  Annual Local CPI

4.0%

  Annual US CPI

2.0%

  Annual Peso Depreciation Rate

2.0%

   
  ———–  

One Response to “Ocean Thermal Energy Conversion (OTEC) Model – avail of 50% discount now”

  1. sexshop online Says:

    sexshop online…

    [...]Ocean Thermal Energy Conversion (OTEC) Model | Energy Technology Expert[...]…



Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>