part 1: overview of cogeneration and its status in asia - Fire
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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Summary <strong>of</strong> country study – Bangladesh 144<br />
Table 3.5 Summary <strong>of</strong> pre-feasibility study <strong>of</strong> the recycled paper mill<br />
Major Parameters Steam Turb<strong>in</strong>e Gas Eng<strong>in</strong>e Gas Turb<strong>in</strong>e<br />
Thermal<br />
Match<br />
Power<br />
Match<br />
Therm<br />
al<br />
Match<br />
Power<br />
Match<br />
Therm<br />
al<br />
Match<br />
Power<br />
Match<br />
Installed power (kW) 582.00 2,750.00 9,047.00 2,750.00 3,872.00 2,750.00<br />
Fuel consumption (TJ/year) 197.00 930.20 856.90 260.50 444.90 316.00<br />
Electricity generated (MWh) 4,647.00 21,945.00 72,197.00 21,945.00 30,889.00 21,945.00<br />
Heat generated (TJ/year) 157.90 745.90 157.90 48.00 157.90 112.20<br />
Excess/deficit(-) power (MWh/year) -18,765.00 -1,467.00 48,785.00 -1,469.00 7,487.00 1,467.00<br />
Excess/deficit(-) heat (TJ/year) -4.10 509.30 -4.10 -114.00 -4.10 -49.80<br />
Equipment power-to-heat ratio 0.106 0.11 1.87 1.87 0.80 0.80<br />
Total <strong>in</strong>vestment (million Taka) 33.54 158.40 390.84 118.80 185.86 132.00<br />
Net present value (million Taka) 43.28 68.05 56.20 225.05 273.09 213.44<br />
IRR (per cent) 34.00 21.70 35.90 41.90 36.30 38.30<br />
With gas turb<strong>in</strong>e thermal match (GTTM) option, about 30 per cent excess electricity is<br />
generated which may be acceptable. Gas turb<strong>in</strong>e power match (GTPM) option is also good<br />
as the 30 per cent deficit <strong>in</strong> the heat supplied can be met by auxiliary natural gas fir<strong>in</strong>g <strong>in</strong> the<br />
recovery boiler.<br />
Accord<strong>in</strong>gly, sensitivity analysis done to see the impacts <strong>of</strong> the <strong>in</strong>crease <strong>in</strong> the <strong>in</strong>vestment,<br />
fuel <strong>and</strong> electricity price escalation, was limited to REPM, GTTM <strong>and</strong> GTPM options.<br />
What if the <strong>in</strong>vestment cost <strong>in</strong>creases?<br />
What if the fuel price escalates faster?<br />
Int<br />
er<br />
na<br />
l<br />
42%<br />
40%<br />
Ra(IR<br />
38%<br />
te R) 36%<br />
<strong>of</strong><br />
Re<br />
tur<br />
34%<br />
32%<br />
REPM<br />
GTPM<br />
n 30%<br />
1% 3% 5% 8% 10% 13% 15%<br />
Internal Rate <strong>of</strong> Return<br />
(IRR)<br />
40.0%<br />
35.0%<br />
30.0%<br />
25.0%<br />
5.<br />
0<br />
%<br />
% <strong>of</strong> Increase Investment Cost<br />
6.<br />
0<br />
%<br />
7.<br />
0<br />
%<br />
REPM<br />
GTPM<br />
GTTM<br />
8.<br />
0<br />
%<br />
9.<br />
0<br />
%<br />
10<br />
.0<br />
%<br />
11<br />
.0<br />
%<br />
Fuel Price Escalation Rate<br />
12<br />
.0<br />
%<br />
13<br />
.0<br />
%