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part 1: overview of cogeneration and its status in asia - Fire

part 1: overview of cogeneration and its status in asia - Fire

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Sample case study <strong>in</strong> a pulp <strong>and</strong> paper mill 129<br />

SENSITIVITY ANALYSIS<br />

STTM Steam Turb<strong>in</strong>e, Thermal Match, Heat Be<strong>in</strong>g Met: 5000 kg/hr<br />

REPM Reciprocat<strong>in</strong>g Eng<strong>in</strong>e, Power Match. Power Be<strong>in</strong>g Met: 1500 kW<br />

Sensitivity Analysis 3: What-If the Electricity Price Increases?<br />

STTM<br />

REPM<br />

Increment Step 1.00%<br />

Escalation Rate 6.0% 7.0% 8.0% 9.0% 10.0% 11.0% 12.0%<br />

IRR(STTM) 24.3% 25.6% 26.8% 28.0% 29.2% 30.4% 31.5%<br />

IRR(REPM) 19.6% 21.0% 22.3% 23.6% 24.9% 26.2% 27.5%<br />

IRR<br />

30%<br />

25%<br />

20%<br />

15%<br />

10%<br />

IRR vs. Escalation Rate <strong>of</strong> Electricity Price<br />

IRR(STTM)<br />

IRR(REPM)<br />

6% 8% 10% 12% 14%<br />

Escalation Rate <strong>of</strong> Electricity Price

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