Temperature - European Investment Bank

WEST AFRICAN POWER POOL (WAPP) PÖYRY ENERGY LTD.
Mount Coffee HPP ESIA and RAP 2012-09-18
ESIA Report Page 347
Annex 6.12
Mount Coffee Hydropower Plant
Economic Analysis
Discount rate 8%, Base construction cost, Tariff +25%, Full sale in year 5
Parameters Parameters
Installed capacity 66 MW Project cost Year -4 14.60%
Average annual energy 357 GWh Project cost Year -3 17.00%
Sale Year 1 80.00% Project cost Year -2 37.90%
Sale Year 2 85.00% Project cost Year -1 30.10%
Sale Year 3 90.00% Project cost Year +1 0.40%
Sale Year 4 95.00% Base tariff 14.00 US cts/kWh
Sale Year 5 100.00% Per cent Base Tariff 121.43%
Base Project cost 164.1 Million $ Applied Tariff 17.00 US cts/kWh
Per cent Base Project cost 100.00% Results
Applied Project cost 164.1 Million $ Discount rate 8.00%
Annual O & M cost 1% 1.641 Million $ Production costs 4.73 US cts/kWh
Net Present Value 380.067 Million $
Internal rate return 24.90%
Year Energy Revenue Proj cost O & M Tot cost Rev-Cost Energy Tot cost
-4 0.0 0.0 23.959 0.0 23.959 -23.959 32.595
-3 0.0 0.0 27.897 0.0 27.897 -27.897 35.142
-2 0.0 0.0 62.194 0.0 62.194 -62.194 72.543
-1 0.0 0.0 49.394 0.0 49.394 -49.394 53.346
1 285.6 48.55057 0.656 1.313 1.969 46.581 285.6 195.595
2 303.5 51.585 1.395 1.395 50.190 303.5 1.395
3 321.3 54.619 1.477 1.477 53.142 321.3 1.477
4 339.2 57.654 1.559 1.559 56.095 339.2 1.559
5 357.0 60.688 1.641 1.641 59.047 357.0 1.641
6 357.0 60.688 1.641 1.641 59.047 357.0 1.641
7 357.0 60.688 1.641 1.641 59.047 357.0 1.641
8 357.0 60.688 1.641 1.641 59.047 357.0 1.641
9 357.0 60.688 1.641 1.641 59.047 357.0 1.641
10 357.0 60.688 1.641 1.641 59.047 357.0 1.641
11 357.0 60.688 1.641 1.641 59.047 357.0 1.641
12 357.0 60.688 1.641 1.641 59.047 357.0 1.641
40 357.0 60.688 1.641 1.641 59.047 357.0 1.641
41 357.0 60.688 1.641 1.641 59.047 357.0 1.641
42 357.0 60.688 1.641 1.641 59.047 357.0 1.641
43 357.0 60.688 1.641 1.641 59.047 357.0 1.641
44 357.0 60.688 1.641 1.641 59.047 357.0 1.641
45 357.0 60.688 1.641 1.641 59.047 357.0 1.641
46 357.0 60.688 1.641 1.641 59.047 357.0 1.641
47 357.0 60.688 1.641 1.641 59.047 357.0 1.641
48 357.0 60.688 1.641 1.641 59.047 357.0 1.641
49 357.0 60.688 1.641 1.641 59.047 357.0 1.641
50 357.0 60.688 1.641 1.641 59.047 357.0 1.641
Sum 17'672 3'004.07 164.100 81.230 245.330 2'758.737 17'672 275.512
PV 3'097.3 526.529 132.225 14.237 146.463 380.067 4'213.9 199.261
4.73