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 146<br />
Table 3.6 Summary <strong>of</strong> pre-feasibility study <strong>of</strong> the vegetable oil ref<strong>in</strong>ery<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 />
Thermal<br />
Match<br />
Power<br />
Match<br />
Thermal<br />
Match<br />
Power<br />
Match<br />
Installed power (kW) 101.00 520.00 1,804.00 520.00 772.00 520.00<br />
Fuel consumption (TJ/year) 36.80 190.50 164.00 47.30 85.20 57.40<br />
Electricity generated (MWh) 771.00 3,984.00 13,819.00 3,984.00 5,914.00 3,984.00<br />
Heat generated (TJ/year) 30.20 156.30 30.20 8.70 30.20 20.40<br />
Excess/deficit(-) power (MWh/year) -3,458.00 -245.00 9,950.00 -245.00 1,685.00 -245.00<br />
Excess/deficit(-) heat (TJ/year) 1.60 112.00 1.60 -19.90 1.60 -8.30<br />
Equipment power-to-heat ratio 0.092 0.09 1.87 1.87 0.80 0.80<br />
Total <strong>in</strong>vestment (million Taka) 5.79 29.95 77.93 22.46 37.06 24.96<br />
Net present value (million Taka) 6.61 6.23 102.69 39.82 49.27 37.61<br />
IRR (per cent) 31.90 18.30 34.30 40.30 34.40 36.80<br />
With gas turb<strong>in</strong>e thermal match (GTTM) option, about 35 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, the sensitivity analysis carried out to see the impacts <strong>of</strong> the <strong>in</strong>crease <strong>in</strong> the<br />
<strong>in</strong>vestment, fuel <strong>and</strong> electricity price escalation, was limited to REPM, GTTM <strong>and</strong> GTPM<br />
options.<br />
What if the <strong>in</strong>vestment cost <strong>in</strong>creases?<br />
45%<br />
40%<br />
35%<br />
30%<br />
25%<br />
What if the fuel price escalates faster?<br />
Internal Rate <strong>of</strong> Return<br />
REPM<br />
GTPM<br />
GTTM<br />
20%<br />
1% 2.50% 5% 7.50% 10% 12.50% 15%<br />
Internal Rate <strong>of</strong> Return (IRR)<br />
45%<br />
40%<br />
35%<br />
30%<br />
% <strong>of</strong> Increase Invesrment Cost<br />
REPM<br />
GTPM<br />
GTTM<br />
25%<br />
5% 6% 7% 8% 9% 10% 11% 12% 13%<br />
Escalation Rate <strong>of</strong> Fuel Price