Transcript
  • Primary Focus:

    Electricity Network Infrastructure

  • with a Clean Renewable Emphasis

  • RENEWABLE CHALLENGES WIND

  • SOLAR

    WIND

    HYDRO

    BIOMASS

  • IDES-10 SIMULATION MODEL

  • WIND POWER RESULTS

    WIND POWER RESULTS

    30 year Lifecycle Cost Comparison of Wind Turbines of Various Sizes (1-9kW = 18m Tower & 10-12kW = 32m

    Tower), with an Annual Average Wind Speed of: 6.63m/s, Assuming Surplus Generation (Grid Purchase - Wind-

    power Exported) Sold at Different Fixed Prices

    $200,000

    $210,000

    $220,000

    $230,000

    $240,000

    $250,000

    $260,000

    $270,000

    $280,000

    $290,000

    $300,000

    123456789101112

    Wind-turbine system size (kW)

    Lifecycle cost over 30 years

    Grid (Lifecycle)

    No net-metering / exporting

    Net-metered + 2.0c/kWh

    Net-metered + 3.0c/kWh

    Net-metered + 4.0c/kWh

    Net-metered + 5.0c/kWh

    PV MODEL PARAMETERSMONTH,M / YEAR,Y

    SOLAR SETTING: MIN / AVG / MAX ?MINY

    GRID PRICE OVER LIFETIME C/KWHSOLAR+GRID C/KWHSOLAR ONLY C/KWH

    $0.1503$0.2443$0.3942

    Annual Electricity ConsumptionLOAD PROFILES:22,202.32kWh/year

    Maximum DemandHOUSE B8.57kW

    DEMAND VARIABLE FACTORHOUSE C1(Multiple)

    WHICH TYPE OF LOAD PROFILE ?HOUSE DBCD(Profile)

    WHICH DEMAND REGION ? HOUSES B & C & Dch(Region) - ch only

    WHICH WEATHER REGION ?REGIONS:KU(Region)

    SOLAR SYSTEM SIZE (kW)CH=CHRISTCHURCH10kW

    SOLAR SYSTEM LIFETIMEAU=AUCKLAND30Years

    SOLAR SYSTEM COST FACTORKA=KAITAIA1(%/100)

    SOLAR SYSTEM TOTAL COSTGI=GISBORNE$5,000$/kWNZ COST EST.$9,315

    SOLAR SYSTEM EFFICIENCYNP=NEW PLYMOUTH0.12(%/100): e.g. 0.15 = 15%

    GRID SUPPLY COST FACTORPN=PALMERSTON N1.00(%/100): e.g. 1.065 = 6.5% inc.

    NET-METERING RETURN FACTORWE=WELLINGTON1(%/100):{0 to 1}

    GRID SUPPLY INFLATION RATENE=NELSON1.00E-02(%/100): e.g. 0.02 = 2%, 1E-11 = 0%

    Capital Interest Rate: 0, 5, 10 or 15%WP=WESTPORT7%

    O&M Costs over lifetime: %capital costQU=QUEENSTOWN0.02(%/100): e.g. 0.02 = 2% capital cost

    Capital Cost and Interest RepaymentDU=DUNEDIN20YearsBALANCE OF PAY

    Payback Period (Fixed - calculated)IN=INVERCARGILLMORE THAN 40Years-$62,610

    Return Over Lifetime (negative = loss)KU=KUMEROA-$62,609.73$-38.5%

    TARIFF 1: DAY (07:00 - 22:30) - c/kWh10.2cents/kWh

    TARIFF 2: NGT (23:00 - 06:30) - c/kWh8.8cents/kWh

    TARIFF 3: FIXED - $/day0.745342466$/day

    TARIFF 4: VARIABLE - cents/max KVA/day0cents/max KVA/day

    TARIFF 5: EARLY PAY DISCOUNT0%

    MICRO-HYDRO MODEL PARAMETERS MONTH,M / YEAR,Y

    Hydro SETTING: MIN / AVG / MAX ?AVGY

    GRID PRICE OVER LIFETIME C/KWHHydro+GRID C/KWHHydro ONLY C/KWH

    $0.1288$0.1132$0.0733

    Annual Electricity Consumption LOAD PROFILES:22,202.32kWh/year

    Maximum Demand

    HOUSE B

    8.57kW

    DEMAND VARIABLE FACTOR

    HOUSE C

    1(Multiple)AVERAGE FLOW RATE

    WHICH TYPE OF LOAD PROFILE ?

    HOUSE D

    BCD(Profile)M3/S/YR0.068

    WHICH DEMAND REGION ?

    HOUSES B & C & D

    ch(Region) - ch only

    WHICH WEATHER REGION ?REGIONS:KU1(Region)Hydro Size Adjustment

    Hydro SYSTEM SIZE (kW)

    CH=CHRISTCHURCH

    1.001.00009.5353Factor0%

    Hydro SYSTEM LIFETIME (YEARS)

    AU=AUCKLAND

    30MAX KW / YRPEAK POTENTIAL KW

    Hydro SYSTEM COST FACTOR

    KA=KAITAIA

    100%

    Hydro SYSTEM TOTAL COST

    GI=GISBORNE

    $10,000per kW$15,402Available Head of Water

    Average Hydro SYSTEM EFFICIENCY

    NP=NEW PLYMOUTH

    50%Total Capital CostHead (m)13.5

    GRID SUPPLY COST FACTOR

    PN=PALMERSTON N

    1(%/100): e.g. 1.065 = 6.5% increase in Grid Price

    NET-METERING RETURN FACTOR

    WE=WELLINGTON

    1(%/100):{0 to 1} CHOOSE TURBINE

    GRID SUPPLY INFLATION RATE

    NE=NELSON

    1.00E-02(%/100): e.g. 0.02 = 2%: 1E-11 = 0% inflation NZ

    Capital Interest Rate: 0, 5, 10 or 15%

    WP=WESTPORT

    7%

    100% FLOW.

    TURBINE TYPE

    O&M Costs over lifetime: %capital cost

    QU=QUEENSTOWN

    0.02(%/100): 0.02 = 2% capital cost87%K = KAPLAN

    Capital Cost and Interest Repayment

    DU=DUNEDIN

    20Years57%F = FRANCIS

    Payback Period (Fixed - calculated)

    IN=INVERCARGILL

    20.46YearsRTN ON INVEST87%PR = PROPELLOR

    Return Over Lifetime (negative = loss)

    KU1=KUMEROA BASIC

    $10,402.83$54.02%81%PE = PELTON

    TARIFF 1: DAY (07:00 - 22:30) - c/kWh

    KU2=KUMEROA DETAILED

    10.2cents/kWh78%T = TURGO

    TARIFF 2: NGT (23:00 - 06:30) - c/kWh 8.8cents/kWh79%CF = CROSSFLOW

    TARIFF 3: FIXED - $/day 0.745342466$/day92%O = OTHER

    TARIFF 4: VARIABLE - cents/max KVA/day 0cents/max KVA/day50%NZ = KIWI MAKE

    TARIFF 5: EARLY PAY DISCOUNT 0%EFF.

    % kWh (Delivered)PVWINDM/HCHPLifecycle Cost

    0.00%0000$0

    21.70%0010$21,882

    43.30%0020$39,387

    60.80%0030$52,516

    71.90%0040$61,269

    80.00%0050$65,645

    81.80%0060$78,359

    82.30%0070$90,936

    84.00%0150$99,296

    85.20%0160$112,010

    87.20%0250$120,573

    88.10%0260$133,287

    89.70%0350$138,804

    96.00%0061$155,276

    98.40%0062$166,291

    99.40%0063$174,803

    99.80%0064$182,486

    100.00%0065$189,842

    OPTIMUM DG SIMULATION RESULTS

    OPTIMUM DG SIMULATION RESULTS

    TOTAL LOAD

    HEAT-ENGINE MODEL PARAMETERSHEAT-ENGINEHEAT-ENGINE 222,023

    GRID PRICE OVER LIFETIME C/KWH & GRID C/KWHONLY C/KWHHEAT CONST.HEATING LOAD

    $0.1169$0.1140$0.21500.3192,966

    Annual Electricity ConsumptionLOAD PROFILES:DOM222,023.23kWh/yearMISC LOAD

    Maximum Demand

    HOUSE B

    85.69kW129,058

    DEMAND VARIABLE FACTOR

    HOUSE C

    10(Multiple)SYS $ / KWDIESEL(DIE)

    WHICH TYPE OF LOAD PROFILE ?

    HOUSE D

    BCD(Profile)$1,100NATURAL GAS(GAS)

    WHICH DEMAND REGION ?

    HOUSES B+C+D

    ch(Region) - ch onlyCNG(CNG)

    % HEAT INCREASE / DECREASE FACTOR (KUMEROA) -19%KW / UNITLPG(LPG)

    TOTAL SIZE (kW)1kW1PETROL(PET)

    OP CAPACITY100%BIOFUEL(BIO)

    CAPITAL COST FACTOR1(%/100)HYDROGEN(HYD)

    FUEL COST: CENTS/KWH (BEFORE CONVERSION) 4.8cents/kWhBIOFUEL TYPE

    FUEL COST FACTOR1(%/100)

    % HEAT RECOVERY90%: set at 100% for HEAT-ENGINE

    HEAT RECOVERY COST$0.01$/kWh: set at 0$/kWh for HEAT-ENGINE

    GRID SUPPLY COST FACTOR1(%/100): e.g. 1.065 = 6.5% increase in Grid Price

    NET-METERING RETURN FACTOR1(%/100):{0 to 1}

    GRID SUPPLY INFLATION RATE1.00E-02(%/100): e.g. 0.02 = 2%: 1E-11 = 0% inflation

    FUEL SUPPLY INFLATION RATE1.00E-11(%/100): e.g. 0.02 = 2%: 1E-11 = 0% inflation

    HEAT RECOVERY INFLATION RATE1.00E-11(%/100): e.g. 0.02 = 2%: 1E-11 = 0% inflation

    Capital Interest Rate: 0, 5, 10 or 15% 7%20YRS LOAN REPAID

    Lifetime: (set @ 40,000hours)40,000hours31.31LIFETIME IN YRS

    Payback Period (Fixed - calculated)5.76YearsROI

    Return Over Lifetime (negative = loss)$19,799.95$2.5%

    O&M % OF CAPITAL

    TARIFF 1: DAY (07:00 - 22:30) - c/kWh 10.2cents/kWh10%

    TARIFF 2: NGT (23:00 - 06:30) - c/kWh 8.8cents/kWhNo.of UnitsCapacity

    TARIFF 3: FIXED - $/day 0.745342466$/day1100% [Total: A+B]

    TARIFF 4: VARIABLE - c/max KVA/dy 0c/max KVA/dy1100% [A capacity]

    TARIFF 5: EARLY PAY DISCOUNT 0%00% [B capacity]

    0%

    10%

    20%

    30%

    40%

    50%

    60%

    70%

    80%

    90%

    100%

    Percentage Contribution

    towards the Load

    M/H:

    500kW

    M/H:

    200kW

    M/H: 100kWM/H:

    100kW,

    STR:

    300kWh

    WTG:

    100kW

    DSM:

    500kWh,

    WTG:

    100kW

    DSM:

    500kWh,

    WTG:

    100kW,

    SHW: 100x4

    DSM:

    500kWh,

    WTG:

    200kW,

    SHW: 100x4

    DSM:

    500kWh,

    PV: 100kW

    DSM:

    500kWh,

    PV: 100kW,

    CHP: 50kW

    Scenario

    10 Different Energy Supply and Demand Management Scenarios - Contributions to the Load

    10

    12345

    6

    789

    10

    12345

    6

    789

    0%

    10%

    20%

    30%

    40%

    50%

    60%

    70%

    80%

    90%

    100%

    Percentage Contribution

    towards the Load

    M/H: 500kWM/H: 200kWM/H: 100kWM/H: 100kW,

    STR:

    300kWh

    WTG: 100kWDSM:

    500kWh,

    WTG: 100kW

    DSM:

    500kWh,

    WTG: 100kW,

    SHW: 100x4

    DSM:

    500kWh,

    WTG:

    200kW,

    SHW: 100x4

    DSM:

    500kWh, PV:

    100kW

    DSM:

    500kWh, PV:

    100kW, CHP:

    50kW

    Scenario

    10 Different Energy Supply and Demand Management Scenarios - Contributions to the Load

    10.Grid Electricity

    9.Energy Storage

    8.Cogen Heating

    7.Cogen Electricity

    6.PV Electricity

    5.Wind Electricity

    4.Micro-hydro Electricity

    3.Space Heating Reduction

    2.Solar Water Heating

    1.Energy Load Transfer

    IDES SCENARIOS FOR 100 HOMES

    IDES SCENARIOS FOR 100 HOMES

    M/H: M/H: M/H: M/H: WIND: WIND: WIND: WIND: PV: PV:

    500KW 200KW 100KW 100KW100KW100KW100KW200KW 100KW 100KW

    STORE: DSM: DSM: DSM: DSM: DSM:

    300KWH 500KWH 500KWH500KWH500KWH500KWH

    SHW: SHW: CHP:

    100X4m2 100X4m250KW

    COST OF EACH IDES SCENARIO

    COST OF EACH IDES SCENARIO

    $0

    $1,000,000

    $2,000,000

    $3,000,000

    $4,000,000

    $5,000,000

    $6,000,000

    $7,000,000

    Cost of Energy Contributions

    M/H: 500kWM/H: 200kWM/H: 100kWM/H: 100kW,

    STR:

    300kWh

    WTG: 100kWDSM:

    500kWh,

    WTG: 100kW

    DSM:

    500kWh,

    WTG:

    100kW,

    SHW: 100x4

    DSM:

    500kWh,

    WTG:

    200kW,

    SHW: 100x4

    DSM:

    500kWh, PV:

    100kW

    DSM:

    500kWh, PV:

    100kW,

    CHP: 50kW

    Scenario

    10 Different Energy Supply and Demand Management Scenarios - Contributions to Cost

    0%

    10%

    20%

    30%

    40%

    50%

    60%

    70%

    80%

    90%

    100%

    Percentage Contribution

    towards the Load

    M/H: 500kWM/H: 200kWM/H: 100kWM/H: 100kW,

    STR:

    300kWh

    WTG: 100kWDSM:

    500kWh,

    WTG: 100kW

    DSM:

    500kWh,

    WTG: 100kW,

    SHW: 100x4

    DSM:

    500kWh,

    WTG:

    200kW,

    SHW: 100x4

    DSM:

    500kWh, PV:

    100kW

    DSM:

    500kWh, PV:

    100kW, CHP:

    50kW

    Scenario

    10 Different Energy Supply and Demand Management Scenarios - Contributions to the Load

    10.Grid Electricity

    9.Energy Storage

    8.Cogen Heating

    7.Cogen Electricity

    6.PV Electricity

    5.Wind Electricity

    4.Micro-hydro Electricity

    3.Space Heating Reduction

    2.Solar Water Heating

    1.Energy Load Transfer

    10

    12345

    6

    789

    10

    12345

    6

    789

    M/H: M/H: M/H: M/H: WIND: WIND: WIND: WIND: PV: PV:

    500KW 200KW 100KW 100KW100KW100KW100KW200KW 100KW 100KW

    STORE: DSM: DSM: DSM: DSM: DSM:

    300KWH 500KWH 500KWH500KWH500KWH500KWH

    SHW: SHW: CHP:

    100X4m2 100X4m250KW

    GRID-ONLY REFERENCE

    SIMULATIONS OPTIMIZER RESULTS

    SIMULATIONS OPTIMIZER RESULTS

    25-year Lifecycle Costs for Delivering a Certain Percentage of the Total Domestic kWh Requirement

    $0

    $100,000

    $200,000

    $300,000

    $400,000

    $500,000

    $600,000

    $700,000

    0%10%20%30%40%50%60%70%80%90%100%

    Percentage of Total Domestic kWh Energy Requirement Delivered

    25-year Lifecycle Cost

    Improving Return on Investment

    The ROI from a 25 -year fixed-term loan is not the

    optimum available for the ten scenarios described.

    Fixed-term loans force repayment of borrowings

    over longer periods than the minimum possible for

    different scenarios.

    This forces the borrower to pay extra interest and

    reduces potential earnings (ROI) .

    Revolving loans are the key to managing the

    financial risks associated with energy supply from

    distributed renewable generation .

    -20%

    -10%

    0%

    10%

    20%

    30%

    40%

    50%

    60%

    70%

    Return on Investment (ROI) %

    Scenario 1Scenario 2Scenario 3Scenario 4Scenario 5Scenario 6Scenario 7Scenario 8Scenario 9Scenario

    10

    Scenario Number

    Comparison of the ROI for each Scenario using: (a) 25-year Fixed-Term Loan and (b) Flexible

    Revolving Loan, with a 7% Capital Interest Rate and a 2% / Year Grid Price Increase

    Fixed-Term

    Revolving Loan

    FIXED

    FIXED

    -

    -

    TERM VS. REVOLVING LOAN ROI

    TERM VS. REVOLVING LOAN ROI

    Revolving Loan Key Features

    The Combines the transactional freedom of a

    business operational account with a business loan.

    Revenues generated by the business can be

    deposited directly into this account, while

    operational expenses can be withdrawn directly (at

    the same time) up to a preset safety limit.

    Provides flexibility with repaying and redrawing the

    original business loan up to the safety limit, giving

    the ability to reduce the loan faster.

    Financial risks associated with daily fluctuations in

    renewable energy supply and customer demand can

    be easily managed by recalculating outstanding

    interest payments on a daily basis.

    REVOLVING LOAN BENEFITS

    REVOLVING LOAN BENEFITS

    0

    5

    10

    15

    20

    25

    Loan Repayment Period (Years)

    Scenario 1Scenario 2Scenario 3Scenario 4Scenario 5Scenario 6Scenario 7Scenario 8Scenario 9

    Scenario Number

    Comparison of the Loan Repayment Period for each Scenario using: (a) 25-year Fixed-Term

    Loan and (b) Flexible Revolving Loan, with a 7% Capital Interest Rate and a 2% / Year Grid

    Price Increase

    Fixed-Term

    Revolving Loan

    HYBRID GRID

    HYBRID GRID

    -

    -

    INTEGRATED MODELS

    INTEGRATED MODELS

    COST COMPONENT SYSTEM CAPACITY $AU COST FACTOR

    TOTAL COST ON-SITE POWER N/A

    NET LIFETIME GAIN (POWER ONLY) ON-SITE POWER 0.80

    NET LIFETIME GAIN (CHP+WASTE UTILIZED) ON-SITE POWER N/A

    NET LIFETIME GAIN (CHP) ON-SITE POWER 0.80

    Value of wasted H2 produced if sold ON-SITE POWER 0.80

    Value of wasted surplus wind power if sold ON-SITE POWER 0.80

    Wind Turbine - BUY & INSTALL (KW) 231.4 0.80

    Wind Turbine - O&M ON-SITE POWER 0.80

    Wind Turbine Power Conditioner Capital Cost (KW) 219.5 0.80

    Wind Turbine Power Conditioner O&M Cost (KW) ON-SITE POWER 0.80

    H2 Production - Wind Power Cost ON-SITE POWER 0.80

    Electrolyser H2 Production - BUY & INSTALL 1300.0 0.80

    Electrolyser H2 Production - O&M ON-SITE POWER 0.80

    H2 Compression & Storage (H2 CAP. - KWH) 1812.3 0.80

    Wind load cost discount ON-SITE POWER 0.80

    Fuel Cell (KW(ELECTRICITY)) - Capital Cost 200.0 0.80

    Fuel Cell (KW(ELECTRICITY)) - O&M Cost ON-SITE POWER 0.80

    Fuel Cell (KW(ELECTRICITY)) - Stack Replacement Cost ON-SITE POWER 0.80

    Fuel Cell heat production (KW(HEAT)) 159.1 0.80

    Fuel Cell Power Conditioner Capital Cost (KW) 189.8 0.80

    Fuel Cell Power Conditioner O&M Cost (KW) ON-SITE POWER 0.80

    Grid Purchase - line fixed cost ON-SITE POWER 0.80

    Grid Purchase - line capacity cost (KW) 489.7 0.80

    Grid Purchase - energy cost ON-SITE POWER 0.80

    Dispersed Wind power delivery cost ON-SITE POWER 0.80

    LIFECYCLE COST ($) % COST

    -$12,593,822.90 -100.0%

    -$3,036,486.39 -24.11%

    -$3,036,486.39 -24.11%

    -$3,036,486.39 -24.11%

    $0.00 0.00%

    $0.00 0.00%

    -$381,947.41 -3.03%

    -$42,438.60 -0.34%

    -$57,287.22 -0.45%

    -$26,203.30 -0.21%

    $0.00 0.00%

    -$1,931,879.82 -15.34%

    -$723,612.87 -5.75%

    -$161,321.00 -1.28%

    $0.00 0.00%

    -$1,320,000.00 -10.48%

    -$614,609.13 -4.88%

    -$880,000.00 -6.99%

    $0.00 0.00%

    -$51,955.31 -0.41%

    -$24,191.07 -0.19%

    $0.00 0.00%

    $0.00 0.00%

    -$6,378,377.18 -50.65%

    $0.00 0.00%

    (1) DEMAND FACTOR (MULTIPLIER) CAPITAL INTEREST (%) IMPORTANT:

    1.00000 7.0% FUEL CELL

    (2) DEMAND OFF-SET (IN KWHRS) TURBINE SIZE (kW) STACK REPLACED

    -200.00 230.0 EVERY 5,000 HRS

    SELECTED FUEL CELL H2 CAP. (KW) NO. OF TURBINES OF OPERATION

    400.0 1 ONLY

    FUEL CELL POWER CAP. FACTOR (AVG CAP. / MAX CAP.) TOWER HEIGHT (METRES)

    2.9% 50 NOTE:

    MAX. FUEL CELL H2 CAP. (KW) - REGRD SUPPLY SHORTFALL WIND SPEED MODIFIER (%) CAPACITY

    401.8 0.0% SETTINGS FOR

    SELECTED ELECTROLYSER POWER CAP. (KW) WIND SPEED (M/S) - CHECK HEIGHT BELOW FC, ELECTRO.,

    1,300.0 7.35 H2 STORE MUST

    ELECTROLYSER H2 CAP. FACTOR (AVG CAP. / MAX CAP.) WIND SPEED HEIGHT MEASUREMENT (METRES) NOT EXCEED MAX

    5.5% 30.0 FC HRS / YEAR

    MAX. ELECTROLYSER POWER CAP. (KW) AVG GRID / DIESEL ETC. PRICE (c/kWh) 525

    211.1 25.00

    SELECTED H2 ENERGY STORED (KWh) FIXED WIND SALES PRICE (c/kWh)

    10,000.00 25.00

    H2 ENERGY STORAGE CAP. FACTOR (AVG CAP. / MAX CAP.) TRANS. REBATE R.E.COST / KWH

    3.4% 0.0% -$0.455

    MAX. H2 ENERGY STORED (KWh) MAX DEMAND (kW)

    1,812.3 479.94 LOAD FACTOR

    H2 STORE & COMPRESS ($/kWh) MIN DEMAND (kW) 47%

    $0.106 7.21

    MAXIMUM GRID POWER (KW) ANNUAL DEMAND (kWh) % FROM R.E.s

    472.7 1,966,743 34.7%

    TOTAL GRID POWER REQUIRED / YEAR (KWH) TOTAL RE SUPPLY DELIVERED (KWH) % R.E. FROM H2

    1,312,565 654,178 6.9%

    TOTAL ANNUAL H2 PRODUCED (KWH) TOTAL ANNUAL H2 USED (KWH) % H2 UTILISED

    95,288.8 95,288.8 100.0%

    ANNUAL GRID INFLATION (%) LIFECYCLE COST W/O GRID

    2.0% -$6,215,446

    FUEL CELL POWER ($/kWh) GRID SAVED (LIFE)

    $3,973,699

    FUEL CELL HEAT SALES PRICE ($/kWh)

    $0.00

    FUEL CELL HEAT RECOVERY ($/kWh) CAP. COST W/O GRID (LIFE)

    $0.00 -$4,784,391

    H2 PRODUCED OVER LIFETIME (KWH)

    1,905,776

    W/O GRID POWER PURCHASE:

    H2 WASTED OVER LIFETIME (KWH(H2) / LIFE) % CAP. / LIFECYCLE COSTS

    0 77%

    VALUE OF H2 WASTED ($/kWh) ECONOMIES OF SCALE

    $0.00 DISCOUNT FACTOR FOR:

    ANNUAL H2 PRICE INFLATION (%) FUEL CELL SYSTEM

    -10.00% 1.00

    LIFETIME VALUE OF H2 WASTED (NZ$) FUEL CELL STACKS

    $0.00 1.00

    SYSTEM LIFE-TIME (YEARS) REF. ECONOMIES OF SCALING

    20 FACTOR FOR BOTH THE

    SURPLUS WIND POWER WASTED (KWH / LIFE) FC SYSTEM AND STACKS

    0.00 0.69

    SURPLUS WASTED WIND PRICE (c/kWh)

    0.00 STACK BUY DELAY

    VALUE OF SURPLUS WIND POWER WASTED DISCOUNT FACTOR

    $0.00 0.50

    VALUE OF GRID POWER SUPPLIED BY RE / YR TIME FRAME:

    $163,544 12

    TOTAL ANNUAL H2 STORED (KWH) MONTHS FROM NOW

    95,288.8 (FROM APR 2001)

    COST COMPONENT SYSTEM CAPACITY $AU COST FACTOR

    TOTAL COST ON-SITE POWER N/A

    NET LIFETIME GAIN (POWER ONLY) ON-SITE POWER 0.80

    NET LIFETIME GAIN (CHP+WASTE UTILIZED) ON-SITE POWER N/A

    NET LIFETIME GAIN (CHP) ON-SITE POWER 0.80

    Value of wasted H2 produced if sold ON-SITE POWER 0.80

    Value of wasted surplus wind power if sold ON-SITE POWER 0.80

    Wind Turbine - BUY & INSTALL (KW) 231.4 0.80

    Wind Turbine - O&M ON-SITE POWER 0.80

    Wind Turbine Power Conditioner Capital Cost (KW) 219.5 0.80

    Wind Turbine Power Conditioner O&M Cost (KW) ON-SITE POWER 0.80

    H2 Production - Wind Power Cost ON-SITE POWER 0.80

    Electrolyser H2 Production - BUY & INSTALL 1300.0 0.80

    Electrolyser H2 Production - O&M ON-SITE POWER 0.80

    H2 Compression & Storage (H2 CAP. - KWH) 1812.3 0.80

    Wind load cost discount ON-SITE POWER 0.80

    Fuel Cell (KW(ELECTRICITY)) - Capital Cost 200.0 0.80

    Fuel Cell (KW(ELECTRICITY)) - O&M Cost ON-SITE POWER 0.80

    Fuel Cell (KW(ELECTRICITY)) - Stack Replacement Cost ON-SITE POWER 0.80

    Fuel Cell heat production (KW(HEAT)) 159.1 0.80

    Fuel Cell Power Conditioner Capital Cost (KW) 189.8 0.80

    Fuel Cell Power Conditioner O&M Cost (KW) ON-SITE POWER 0.80

    Grid Purchase - line fixed cost ON-SITE POWER 0.80

    Grid Purchase - line capacity cost (KW) 489.7 0.80

    Grid Purchase - energy cost ON-SITE POWER 0.80

    Dispersed Wind power delivery cost ON-SITE POWER 0.80

    LIFECYCLE COST ($) % COST

    -$12,593,822.90 -100.0%

    -$3,036,486.39 -24.11%

    -$3,036,486.39 -24.11%

    -$3,036,486.39 -24.11%

    $0.00 0.00%

    $0.00 0.00%

    -$381,947.41 -3.03%

    -$42,438.60 -0.34%

    -$57,287.22 -0.45%

    -$26,203.30 -0.21%

    $0.00 0.00%

    -$1,931,879.82 -15.34%

    -$723,612.87 -5.75%

    -$161,321.00 -1.28%

    $0.00 0.00%

    -$1,320,000.00 -10.48%

    -$614,609.13 -4.88%

    -$880,000.00 -6.99%

    $0.00 0.00%

    -$51,955.31 -0.41%

    -$24,191.07 -0.19%

    $0.00 0.00%

    $0.00 0.00%

    -$6,378,377.18 -50.65%

    $0.00 0.00%

    COST COMPONENT SYSTEM CAPACITY $AU COST FACTOR

    TOTAL COST ON-SITE POWER N/A

    NET LIFETIME GAIN (POWER ONLY) ON-SITE POWER 0.80

    NET LIFETIME GAIN (CHP+WASTE UTILIZED) ON-SITE POWER N/A

    NET LIFETIME GAIN (CHP) ON-SITE POWER 0.80

    Value of wasted H2 produced if sold ON-SITE POWER 0.80

    Value of wasted surplus wind power if sold ON-SITE POWER 0.80

    Wind Turbine - BUY & INSTALL (KW) 231.4 0.80

    Wind Turbine - O&M ON-SITE POWER 0.80

    Wind Turbine Power Conditioner Capital Cost (KW) 219.5 0.80

    Wind Turbine Power Conditioner O&M Cost (KW) ON-SITE POWER 0.80

    H2 Production - Wind Power Cost ON-SITE POWER 0.80

    Electrolyser H2 Production - BUY & INSTALL 1300.0 0.80

    Electrolyser H2 Production - O&M ON-SITE POWER 0.80

    H2 Compression & Storage (H2 CAP. - KWH) 1812.3 0.80

    Wind load cost discount ON-SITE POWER 0.80

    Fuel Cell (KW(ELECTRICITY)) - Capital Cost 200.0 0.80

    Fuel Cell (KW(ELECTRICITY)) - O&M Cost ON-SITE POWER 0.80

    Fuel Cell (KW(ELECTRICITY)) - Stack Replacement Cost ON-SITE POWER 0.80

    Fuel Cell heat production (KW(HEAT)) 159.1 0.80

    Fuel Cell Power Conditioner Capital Cost (KW) 189.8 0.80

    Fuel Cell Power Conditioner O&M Cost (KW) ON-SITE POWER 0.80

    Grid Purchase - line fixed cost ON-SITE POWER 0.80

    Grid Purchase - line capacity cost (KW) 489.7 0.80

    Grid Purchase - energy cost ON-SITE POWER 0.80

    Dispersed Wind power delivery cost ON-SITE POWER 0.80

    LIFECYCLE COST ($) % COST

    -$12,593,822.90 -100.0%

    -$3,036,486.39 -24.11%

    -$3,036,486.39 -24.11%

    -$3,036,486.39 -24.11%

    $0.00 0.00%

    $0.00 0.00%

    -$381,947.41 -3.03%

    -$42,438.60 -0.34%

    -$57,287.22 -0.45%

    -$26,203.30 -0.21%

    $0.00 0.00%

    -$1,931,879.82 -15.34%

    -$723,612.87 -5.75%

    -$161,321.00 -1.28%

    $0.00 0.00%

    -$1,320,000.00 -10.48%

    -$614,609.13 -4.88%

    -$880,000.00 -6.99%

    $0.00 0.00%

    -$51,955.31 -0.41%

    -$24,191.07 -0.19%

    $0.00 0.00%

    $0.00 0.00%

    -$6,378,377.18 -50.65%

    $0.00 0.00%

    (1) DEMAND FACTOR (MULTIPLIER) CAPITAL INTEREST (%) IMPORTANT:

    1.00000 7.0% FUEL CELL

    (2) DEMAND OFF-SET (IN KWHRS) TURBINE SIZE (kW) STACK REPLACED

    -200.00 230.0 EVERY 5,000 HRS

    SELECTED FUEL CELL H2 CAP. (KW) NO. OF TURBINES OF OPERATION

    400.0 1 ONLY

    FUEL CELL POWER CAP. FACTOR (AVG CAP. / MAX CAP.) TOWER HEIGHT (METRES)

    2.9% 50 NOTE:

    MAX. FUEL CELL H2 CAP. (KW) - REGRD SUPPLY SHORTFALL WIND SPEED MODIFIER (%) CAPACITY

    401.8 0.0% SETTINGS FOR

    SELECTED ELECTROLYSER POWER CAP. (KW) WIND SPEED (M/S) - CHECK HEIGHT BELOW FC, ELECTRO.,

    1,300.0 7.35 H2 STORE MUST

    ELECTROLYSER H2 CAP. FACTOR (AVG CAP. / MAX CAP.) WIND SPEED HEIGHT MEASUREMENT (METRES) NOT EXCEED MAX

    5.5% 30.0 FC HRS / YEAR

    MAX. ELECTROLYSER POWER CAP. (KW) AVG GRID / DIESEL ETC. PRICE (c/kWh) 525

    211.1 25.00

    SELECTED H2 ENERGY STORED (KWh) FIXED WIND SALES PRICE (c/kWh)

    10,000.00 25.00

    H2 ENERGY STORAGE CAP. FACTOR (AVG CAP. / MAX CAP.) TRANS. REBATE R.E.COST / KWH

    3.4% 0.0% -$0.455

    MAX. H2 ENERGY STORED (KWh) MAX DEMAND (kW)

    1,812.3 479.94 LOAD FACTOR

    H2 STORE & COMPRESS ($/kWh) MIN DEMAND (kW) 47%

    $0.106 7.21

    MAXIMUM GRID POWER (KW) ANNUAL DEMAND (kWh) % FROM R.E.s

    472.7 1,966,743 34.7%

    TOTAL GRID POWER REQUIRED / YEAR (KWH) TOTAL RE SUPPLY DELIVERED (KWH) % R.E. FROM H2

    1,312,565 654,178 6.9%

    TOTAL ANNUAL H2 PRODUCED (KWH) TOTAL ANNUAL H2 USED (KWH) % H2 UTILISED

    95,288.8 95,288.8 100.0%

    ANNUAL GRID INFLATION (%) LIFECYCLE COST W/O GRID

    2.0% -$6,215,446

    FUEL CELL POWER ($/kWh) GRID SAVED (LIFE)

    $3,973,699

    FUEL CELL HEAT SALES PRICE ($/kWh)

    $0.00

    FUEL CELL HEAT RECOVERY ($/kWh) CAP. COST W/O GRID (LIFE)

    $0.00 -$4,784,391

    H2 PRODUCED OVER LIFETIME (KWH)

    1,905,776

    W/O GRID POWER PURCHASE:

    H2 WASTED OVER LIFETIME (KWH(H2) / LIFE) % CAP. / LIFECYCLE COSTS

    0 77%

    VALUE OF H2 WASTED ($/kWh) ECONOMIES OF SCALE

    $0.00 DISCOUNT FACTOR FOR:

    ANNUAL H2 PRICE INFLATION (%) FUEL CELL SYSTEM

    -10.00% 1.00

    LIFETIME VALUE OF H2 WASTED (NZ$) FUEL CELL STACKS

    $0.00 1.00

    SYSTEM LIFE-TIME (YEARS) REF. ECONOMIES OF SCALING

    20 FACTOR FOR BOTH THE

    SURPLUS WIND POWER WASTED (KWH / LIFE) FC SYSTEM AND STACKS

    0.00 0.69

    SURPLUS WASTED WIND PRICE (c/kWh)

    0.00 STACK BUY DELAY

    VALUE OF SURPLUS WIND POWER WASTED DISCOUNT FACTOR

    $0.00 0.50

    VALUE OF GRID POWER SUPPLIED BY RE / YR TIME FRAME:

    $163,544 12

    TOTAL ANNUAL H2 STORED (KWH) MONTHS FROM NOW

    95,288.8 (FROM APR 2001)

    (1) DEMAND FACTOR (MULTIPLIER) CAPITAL INTEREST (%) IMPORTANT:

    1.00000 7.0% FUEL CELL

    (2) DEMAND OFF-SET (IN KWHRS) TURBINE SIZE (kW) STACK REPLACED

    -200.00 230.0 EVERY 5,000 HRS

    SELECTED FUEL CELL H2 CAP. (KW) NO. OF TURBINES OF OPERATION

    400.0 1 ONLY

    FUEL CELL POWER CAP. FACTOR (AVG CAP. / MAX CAP.) TOWER HEIGHT (METRES)

    2.9% 50 NOTE:

    MAX. FUEL CELL H2 CAP. (KW) - REGRD SUPPLY SHORTFALL WIND SPEED MODIFIER (%) CAPACITY

    401.8 0.0% SETTINGS FOR

    SELECTED ELECTROLYSER POWER CAP. (KW) WIND SPEED (M/S) - CHECK HEIGHT BELOW FC, ELECTRO.,

    1,300.0 7.35 H2 STORE MUST

    ELECTROLYSER H2 CAP. FACTOR (AVG CAP. / MAX CAP.) WIND SPEED HEIGHT MEASUREMENT (METRES) NOT EXCEED MAX

    5.5% 30.0 FC HRS / YEAR

    MAX. ELECTROLYSER POWER CAP. (KW) AVG GRID / DIESEL ETC. PRICE (c/kWh) 525

    211.1 25.00

    SELECTED H2 ENERGY STORED (KWh) FIXED WIND SALES PRICE (c/kWh)

    10,000.00 25.00

    H2 ENERGY STORAGE CAP. FACTOR (AVG CAP. / MAX CAP.) TRANS. REBATE R.E.COST / KWH

    3.4% 0.0% -$0.455

    MAX. H2 ENERGY STORED (KWh) MAX DEMAND (kW)

    1,812.3 479.94 LOAD FACTOR

    H2 STORE & COMPRESS ($/kWh) MIN DEMAND (kW) 47%

    $0.106 7.21

    MAXIMUM GRID POWER (KW) ANNUAL DEMAND (kWh) % FROM R.E.s

    472.7 1,966,743 34.7%

    TOTAL GRID POWER REQUIRED / YEAR (KWH) TOTAL RE SUPPLY DELIVERED (KWH) % R.E. FROM H2

    1,312,565 654,178 6.9%

    TOTAL ANNUAL H2 PRODUCED (KWH) TOTAL ANNUAL H2 USED (KWH) % H2 UTILISED

    95,288.8 95,288.8 100.0%

    ANNUAL GRID INFLATION (%) LIFECYCLE COST W/O GRID

    2.0% -$6,215,446

    FUEL CELL POWER ($/kWh) GRID SAVED (LIFE)

    $3,973,699

    FUEL CELL HEAT SALES PRICE ($/kWh)

    $0.00

    FUEL CELL HEAT RECOVERY ($/kWh) CAP. COST W/O GRID (LIFE)

    $0.00 -$4,784,391

    H2 PRODUCED OVER LIFETIME (KWH)

    1,905,776

    W/O GRID POWER PURCHASE:

    H2 WASTED OVER LIFETIME (KWH(H2) / LIFE) % CAP. / LIFECYCLE COSTS

    0 77%

    VALUE OF H2 WASTED ($/kWh) ECONOMIES OF SCALE

    $0.00 DISCOUNT FACTOR FOR:

    ANNUAL H2 PRICE INFLATION (%) FUEL CELL SYSTEM

    -10.00% 1.00

    LIFETIME VALUE OF H2 WASTED (NZ$) FUEL CELL STACKS

    $0.00 1.00

    SYSTEM LIFE-TIME (YEARS) REF. ECONOMIES OF SCALING

    20 FACTOR FOR BOTH THE

    SURPLUS WIND POWER WASTED (KWH / LIFE) FC SYSTEM AND STACKS

    0.00 0.69

    SURPLUS WASTED WIND PRICE (c/kWh)

    0.00 STACK BUY DELAY

    VALUE OF SURPLUS WIND POWER WASTED DISCOUNT FACTOR

    $0.00 0.50

    VALUE OF GRID POWER SUPPLIED BY RE / YR TIME FRAME:

    $163,544 12

    TOTAL ANNUAL H2 STORED (KWH) MONTHS FROM NOW

    95,288.8 (FROM APR 2001)

    HYBRID GRID

    HYBRID GRID

    -

    -

    INTEGRATED

    INTEGRATED

    ROTTNEST SITE ASSUMPTIONS

    ROTTNEST SITE ASSUMPTIONS

    1,966,743kWh

    1,966,743kWh

    ANNUAL DEMAND (kW)

    ANNUAL DEMAND (kW)

    7.21kW

    7.21kW

    MIN DEMAND (kW)

    MIN DEMAND (kW)

    479.94kW

    479.94kW

    MAX DEMAND (kW)

    MAX DEMAND (kW)

    7.35m/s

    7.35m/s

    AVERAGE ANNUAL WIND SPEED (M/S)

    AVERAGE ANNUAL WIND SPEED (M/S)

    65m (600kW) or 50m

    65m (600kW) or 50m

    (230kW)

    (230kW)

    TOWER HEIGHT (METRES)

    TOWER HEIGHT (METRES)

    7%

    7%

    CAPITAL INTEREST (%)

    CAPITAL INTEREST (%)

    25kW

    25kW

    200kW

    200kW

    FUEL CELL SIZE ( KW (ELECTRIC) )

    FUEL CELL SIZE ( KW (ELECTRIC) )

    1,000kWh

    1,000kWh

    10,000kWh

    10,000kWh

    HYDROGEN STORAGE SIZE ( KWH (H2) )

    HYDROGEN STORAGE SIZE ( KWH (H2) )

    100kW

    100kW

    1,300kW

    1,300kW

    ELECTROLYSER SIZE ( KW ( ELECTRIC) )

    ELECTROLYSER SIZE ( KW ( ELECTRIC) )

    1 x 600kW or 8 x 230kW

    1 x 600kW or 8 x 230kW

    WIND TURBINE CAPACITY (KW)

    WIND TURBINE CAPACITY (KW)

    1.00

    1.00

    FUEL CELL ECONOMIES OF SCALING FACTOR APPLIED

    FUEL CELL ECONOMIES OF SCALING FACTOR APPLIED

    12

    12

    SYSTEM PURCHASED X MONTHS FROM APRIL 2001

    SYSTEM PURCHASED X MONTHS FROM APRIL 2001

    20

    20

    SYSTEM LIFE

    SYSTEM LIFE

    -

    -

    TIME (YEARS)

    TIME (YEARS)

    1,966,743kWh

    1,966,743kWh

    ANNUAL DEMAND (kW)

    ANNUAL DEMAND (kW)

    7.21kW

    7.21kW

    MIN DEMAND (kW)

    MIN DEMAND (kW)

    479.94kW

    479.94kW

    MAX DEMAND (kW)

    MAX DEMAND (kW)

    7.35m/s

    7.35m/s

    AVERAGE ANNUAL WIND SPEED (M/S)

    AVERAGE ANNUAL WIND SPEED (M/S)

    65m (600kW) or 50m

    65m (600kW) or 50m

    (230kW)

    (230kW)

    TOWER HEIGHT (METRES)

    TOWER HEIGHT (METRES)

    7%

    7%

    CAPITAL INTEREST (%)

    CAPITAL INTEREST (%)

    25kW

    25kW

    200kW

    200kW

    FUEL CELL SIZE ( KW (ELECTRIC) )

    FUEL CELL SIZE ( KW (ELECTRIC) )

    1,000kWh

    1,000kWh

    10,000kWh

    10,000kWh

    HYDROGEN STORAGE SIZE ( KWH (H2) )

    HYDROGEN STORAGE SIZE ( KWH (H2) )

    100kW

    100kW

    1,300kW

    1,300kW

    ELECTROLYSER SIZE ( KW ( ELECTRIC) )

    ELECTROLYSER SIZE ( KW ( ELECTRIC) )

    1 x 600kW or 8 x 230kW

    1 x 600kW or 8 x 230kW

    WIND TURBINE CAPACITY (KW)

    WIND TURBINE CAPACITY (KW)

    1.00

    1.00

    FUEL CELL ECONOMIES OF SCALING FACTOR APPLIED

    FUEL CELL ECONOMIES OF SCALING FACTOR APPLIED

    12

    12

    SYSTEM PURCHASED X MONTHS FROM APRIL 2001

    SYSTEM PURCHASED X MONTHS FROM APRIL 2001

    20

    20

    SYSTEM LIFE

    SYSTEM LIFE

    -

    -

    TIME (YEARS)

    TIME (YEARS)

    Projected Cost Variables

    With regard to future price projections, models and

    algorithms have been developed which consider

    historical fuel prices, the consumer price index and other

    associated inflation reflective indices, historical

    electricity prices, production progress cost reductions,

    economies of production, and economies of scale .

    The production progress cost reduction is associated

    with learning/progress curves.

    A learning curve describes the phenomenon by which the

    time per cycle to perform a particular task decreases as

    the number of repetitions of the task increases.

    Typically, the effect is strongest when a single product is

    produced in a single factory by the same manufacturer).

    Economies of Manufacturing,

    Economies of Scale

    Economies of manufacturing or production

    represent another means by which per unit

    production costs can be reduced, and are not

    necessarily directly related to production progress

    curves. This type of cost reduction is a function of

    the production rate, which allows the plant to

    leverage indirect costs more efficiently.

    Economies of scale cost reductions are based on

    real manufacturers costs per unit projections for

    bulk orders of different modular technologies, and

    costs per kW projections for modules of increasing

    size.

    Summary of Model Functions and

    Capabilities: Resource Data

    Regionalrenewable energy data input solar, wind,

    hydro, biomass or fuel resource supply data for any

    region in the country, from a single house location

    to a region or an island or the entire country.

    Regional historical renewable energy resource

    analysis this uses whatever historical data is

    available to determine the best and worst case

    scenarios over a system s lifetime.

    Renewable energy resource type especially solar,

    wind, hydro and biomass in annual, monthly, daily,

    hourly or half -hourly increments.

    Type of load profile any type of demand profile may

    be used, and the shape and size of this profile may be

    modified in the model.

    Size of load profile any size can be modelled.

    Regional load profile data individual household,

    cluster of houses, commercial business, industrial

    complex, GXP demand level, or aggregated GXP

    demand level up to total national demand level.

    Summary of Model Functions and

    Capabilities: Profile Data

    Summary of Model Functions and

    Capabilities: Cost Data

    Type of Capital cost (including installation where

    necessary) and interest repayment period include

    amortized costingsfor any time period and any interest rate

    and loan.

    Scale-adjusted capital cost any adjustment can be

    considered.

    O&M cost considered as a percentage of the capital

    purchase cost or the capital and installation cost or as a

    cents/kWh value for fuel -driven DES applications etc.

    Lifecycle cost considering capital purchase, installation,

    O&M, labour, and any other fixed and running costs

    applicable.

    Summary of Model Functions and

    Capabilities: Grid Supply Data

    Grid supply cost, including for example, the following options:

    Six 4-hourly weekday energy tariffs and six 4 -hourly weekend tariffs,

    half-hourly wholesale GXP prices, fixed and variable line charges,

    Average line replacement costs, average line operating and

    maintenance costs,

    Maximum distribution capacity costs, coincident distribution cap acity

    costs, metering costs, average retail, distribution and transmis sion

    costs for different network regions,

    Variable electricity price inflation rates and fuel price inflat ion rates,

    transmission capacity reduction rebates,

    Variable DES tariffs which are independent of the grid supply co sts,

    consideration of on -site and dispersed power production issues with

    respect to both grid supply and DES supply,

    And export-metering factor to account for variable

    returns from exporting surplus electricity generated

    back to the grid.

    Examples of Grid Supply Costs

    Average charges for the consumer group: e.g.

    10cents/kWh, anytime.

    True multi-part tariffs (with separate fixed, variable

    and TOU charges): e.g. (a) domestic tariff; and, (b)

    industrial tariff:

    MANAGING VARIABLE HEAT SUPPLY

    MANAGING VARIABLE HEAT SUPPLY

    (AN EXAMPLE)

    (AN EXAMPLE)

    Typical IDES Winter Heat Load Profile for a Community

    0

    20

    40

    60

    80

    100

    120

    140

    160

    180

    0:001:303:004:306:007:309:00

    10:3012:0013:3015:0016:3018:0019:3021:0022:30

    Time of Day

    Energy Supply (kWh)

    Cogen (Heat)

    Solar Hot Water

    Conservation

    IDES Planning Process

    Collect reliable data on electricity use patterns,

    resource data and technical options for improving

    energy efficiency or load profiles.

    Project future energy requirements.

    Calculate the costs and electrical -load impacts of

    the demand -side options.

    Design an optimum integrated distributed supply

    plan that satisfies least -cost economic and

    environmental impacts.

    Compare the costs with the impacts of

    conventional electricity supply options.

    Implement the least -cost strategy.

    IDES Definition

    An Integrated Distributed Energy System is a distributed

    electrical energy system which services a local energy load,

    and is connected in parallel to a conventional supply (which

    may be a grid supplied distribution system, or a diesel

    gensetetc. It may include electrical generation and heat

    capture, and electrical and heat storage.

    The four key characteristics of IDES are they are:

    Integratedembedding renewable and sustainable supply

    technologies with existing infrastructure.

    Distributedmatching small-scale supply and use (


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