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Ghana - UNEP

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• Ferkesedougou (Côte d’Ivoire) to Sikasse (Mali)• Bolgatanga (<strong>Ghana</strong>) to Ouagadougou (Burkina Faso)• Preatea-Tema (<strong>Ghana</strong>) to Lome (Togo)• IkejaWest (Nigeria) to Sakete (Benin)The World Bank has provided the government of <strong>Ghana</strong> with a US$40m facility, effective January2006, to enable it to kick-start the first phase of the coastal West Africa Power Pool (WAPP)programme and to establish an Electricity Transmission Utility as an autonomous transmission systemoperator within WAPP (ECG, 2005).5.2.5 Power generation systemTable 7 gives the assumed techno-economic data of existing and expected future power plants in<strong>Ghana</strong>. (Data for existing and future hydropower plants are reported in Tables 2 and 5). The costassumptions for future power plants have been taken as the average of estimates reported for variouscountries in a recent study by the OECD/NEA/IEA (OECD, 2005).NameTable 7: Techno-economic data for existing and future power plantsOvernightinvestmentcost(US$/kW)Fixed O&Mcost(US$/kWyr)VariableO&M cost(US$/MWh)Constructiontime(Years)Efficiency(%)LevelisedGenerationCost bUS$/MWhTapcoa17 2.3a40.4 76.8 cTicoa13 2.3a26.9 110.6 cThemaa8 1.1a125.6 cBargea10 1.1a61.9 cCCGT e 550 12 2.1 3 50 42.7CT f 400 10 1.1 3 30 59.6Coal steam 1,050 25 3.1 4 36 39.7Wind farm1,250 25 - 2 - 54.7 d(Volta)Wind farm(Coast)1,250 25 - 2 - 58.6 dWind rural 1,250 25 - 2 - 65.7 dSolar PV 4,000 10 - 2 - 187.6Nuclear 1,680 59 0.4 5 33 40.2T&D g 1,000 9 90 10.7aExisting plants.b8% discount rate.c Assuming whole investment has been paid. Fuel of Tapco and Tico is light crude oil. For barge, levelisedgeneration cost based on natural gas.d The plant factors for wind farm (Volta region), wind farm (coast) and ‘wind rural’ are 30%, 28% and 25%depending upon respective wind regimes.eCombined cycles gas turbine.fCombustion turbine.gTransmission and distribution.Sources: Based on data from ECG (2005), OECD (2005) and EIA (2004).5.2.6 Fuel price assumptionsThe price of imported crude oil has been taken as US$45/bbl ($7.8/GJ) in constant 2003 prices, andthe prices of petroleum products have been linked to crude oil price projections according to specificproportions determined on the basis of Rotterdam product price data during the last 15 years (BP,2005). A sensitivity analysis has also been carried out with a crude oil price of US$70/bbl ($12.3/GJ)in constant 2003 prices.The price of imported electricity has been taken as US$0.066/kWh which is the currently prevailingprice. The imported coal price has been assumed as US$45/tonne (US$1.54/GJ) plus local porthandling and landing charges of US$5/tonne (US$0.17/GJ) of coal (ECG, 2003b).12

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