ERATO Best Practice No.1 - GBEfactory
ERATO Best Practice No.1 - GBEfactory
ERATO Best Practice No.1 - GBEfactory
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DESIGN AND CONSTRUCTION<br />
The project included production and installation of<br />
biomass boiler facilities, including biomass hot<br />
water boiler, wood chips warehouse, system for<br />
feeding of chips into the boiler chamber, ash<br />
cleaning system, exhausted gases cleaning<br />
system and PLC control system. Commissioning<br />
test and start-up were also implemented. The hot<br />
water is transported through pipe network with<br />
diameter 100 mm to the local sub station. From the<br />
substation the hot water is transported to the<br />
radiators in the plant’s premises.<br />
TECHNICAL DETAILS:<br />
TOTAL SURFACE (m 2 ): 1,222<br />
BOILER CAPACITY (kWth): 80<br />
TOTAL ANNUAL ENERGY (kWhth/yr.) 77,440<br />
BOILER EFFICIENCY (%): 92<br />
HOT WATER TEMPERATURE ( o C): 80<br />
WOOD CHIPS CONSUMPTION (t/yr.): 33<br />
WOOD CHIPS CALORICITY (kWh/kg): 2.56<br />
MONTHLY TOTAL THERMAL ENERGY<br />
GENERATED<br />
Monthly Energy Consumption, kWhth<br />
25000<br />
20000<br />
15000<br />
10000<br />
5000<br />
0<br />
3872<br />
11616<br />
15488<br />
2009-2010<br />
18586 20134<br />
Oct Nov Dec Jan Feb Mar<br />
MONTHLY WOOD CHIPS CONSUMPTION<br />
7744<br />
THERMAL ENERGY PRICES<br />
AND OTHER BENEFITS<br />
PARAMETERS OF INSTALLATION:<br />
Project design preparation: (February, 2009)<br />
Delivery and installation of equipment: (April,<br />
2009)<br />
Boiler house construction: (May, 2009)<br />
Commissioning test and start up: (July, 2009)<br />
Project completion: (August, 2009)<br />
Thermal Power (kWth): 80<br />
Thermal Energy Prices (€/kWth): 0.142<br />
BUSINESS PLAN<br />
An energy audit and business plan were prepared.<br />
The technical and financial calculation of ESCo<br />
operation has been made. The <strong>ERATO</strong> Holding<br />
Plc offers to the management of MEGA<br />
Engineering Ltd ESCo operation through energy<br />
contracting for selling of thermal energy. This<br />
energy is measured through a certified gauge.<br />
.<br />
CONSUMPTION PARAMETERS<br />
Costumer’s energy cost (€/kWhth): 0.142<br />
Thermal Power (kWth): 80<br />
Consumption TE (kWhth/yr.): 71,245<br />
ANNUAL PROJECT REVENUES<br />
Thermal Energy Sold to Customers (€/yr.): 10,127<br />
Wood Chips Costs (€/yr.): 1,155<br />
O&M Costs (€/yr.): 1,636 approx.<br />
Cash Revenues (€/yr.): 7,336<br />
Monthly Wood Chips Consumption, kg<br />
Mar<br />
Feb<br />
Jan<br />
Dec<br />
Nov<br />
Oct<br />
1686<br />
3310<br />
4942<br />
6590<br />
2009-2010<br />
7913<br />
8559<br />
0 1000 2000 3000 4000 5000 6000 7000 8000 9000<br />
After the project completion the building at MEGA<br />
Engineering Ltd is heated by high efficient biomass<br />
energy boiler using ecological fuel in the type of<br />
wood chips. The wood chips with humidity up to<br />
45% are produced by wood creeper with capacity<br />
of 12 m 3 /h. The generated thermal energy is<br />
distributed to the consumers through isolated pipe<br />
network.<br />
Annual Project Revenue (EUR/yr.)<br />
12,000 ЕUR<br />
10,000 ЕUR<br />
8,000 ЕUR<br />
6,000 ЕUR<br />
4,000 ЕUR<br />
2,000 ЕUR<br />
0 ЕUR<br />
-2,000 ЕUR<br />
-4,000 ЕUR<br />
10,127 ЕUR<br />
Thermal Energy Sold<br />
to Costumer<br />
Wood chips Costs<br />
-1,155 ЕUR<br />
FINANCIAL SCHEME<br />
Base project costs (€): 35,400<br />
Debt (€): 31,860<br />
Equity (€): 3,540<br />
Inflation index (%): 4.5<br />
Fixed Discount Rate (%): 7<br />
IRR (%): 18.3<br />
NPV (EUR): 46,020<br />
Payback Period (YR.): 5.45<br />
O&M Costs<br />
-1,636 ЕUR<br />
Thermal Energy<br />
Sold to Costumer<br />
Wood chips Costs<br />
O&M Costs