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 – Viet Nam<br />
Table 4.6 Summary <strong>of</strong> pre-feasibility study <strong>of</strong> the paper mill “D”<br />
Cogeneration Alternatives ALT.1 ALT.2 ALT.3 ALT.4<br />
Configuration S.T. R.E. G.T.<br />
Fuel type H.F.O. N.G.<br />
Fuel price (VND) 1,800/ kg 3,710/GJ<br />
Electricity purchase price (VND/kWh) 800<br />
Buy-back Rate (as % <strong>of</strong> purchase price) 56<br />
Electricity price escalation rate (%/year) 5<br />
Electricity consumption (MWh/year) 48,645<br />
Thermal energy requirement (TJ/yr.) 450<br />
Number <strong>of</strong> actual work<strong>in</strong>g hours per year 7,200<br />
Power generat<strong>in</strong>g capacity (kW) 2,119 7,112 11,855 7,112<br />
Steam generat<strong>in</strong>g capacity (kg/hr) 24,147 5,770 24,147 14,410<br />
Excess(+)/Deficit(-) heat (TJ/year) 0 -342 0 -180<br />
Excess(+)/Deficit(-) power (MWh/year) - 34,149 0 32,444 0<br />
IRR (%) 19.8 29.4 24.8 30.7<br />
Total <strong>in</strong>stallation cost (million VND) 33,578 68,740 108,446 75,218<br />
Net present value (million VND) 9,842 75,280 64,618 74,992<br />
Pay back period (year) 10 6 7 6<br />
Alternative 1 could be a suitable solution <strong>in</strong> the present situation <strong>of</strong> capital shortage for<br />
<strong>in</strong>vestment; it requires the lowest <strong>in</strong>vestment cost among the four alternatives. However, it<br />
can only meet 25 per cent <strong>of</strong> the annual electricity dem<strong>and</strong> <strong>of</strong> the factory.<br />
Alternative 3 seems to be able to cover all electricity <strong>and</strong> heat dem<strong>and</strong>s <strong>of</strong> the company. Its<br />
IRR is also quite acceptable but the <strong>in</strong>vestment required is the highest among the four<br />
alternatives. Furthermore, natural gas is presently not available at the site.<br />
4.3.5 Pulp <strong>and</strong> paper mill “E”<br />
The company “E”, sponsored by the Government <strong>of</strong> Sweden, was constructed <strong>in</strong> 1980 with<br />
the purpose <strong>of</strong> satisfy<strong>in</strong>g the paper dem<strong>and</strong> <strong>of</strong> the northern region. It is located <strong>in</strong> a prov<strong>in</strong>ce<br />
where trees can be obta<strong>in</strong>ed as the primary material for mak<strong>in</strong>g pulp <strong>and</strong> paper. The ma<strong>in</strong><br />
products <strong>of</strong> the company are paper <strong>and</strong> packag<strong>in</strong>g paper. The exist<strong>in</strong>g capacity is 55,000<br />
tons per year. For the next two years, <strong>its</strong> capacity is planned to go up to 100,000 tons per<br />
year, <strong>and</strong> to 200,000 tons for the year 2005. Therefore the company projects to <strong>in</strong>vest heavily<br />
on <strong>its</strong> extension, as well as the energy supply system. This study however focuses only on<br />
the exist<strong>in</strong>g plant.<br />
Results <strong>of</strong> the analysis <strong>of</strong> data gathered from the electricity <strong>and</strong> fuel bills <strong>in</strong> 1997 are<br />
summarized below:<br />
• Total Annual Electricity Consumption: 48,645 MWh<br />
• Maximum Electricity Dem<strong>and</strong>: 21.8 MW<br />
• M<strong>in</strong>imum Electricity Dem<strong>and</strong>: 15.5 MW<br />
• Total Annual Coal Consumption: 82,080 tons<br />
• Maximum Steam Dem<strong>and</strong>: 137 tons/hr<br />
• M<strong>in</strong>imum Steam Dem<strong>and</strong>: 97 ton/hr<br />
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