Download Pre-tax Unit Energy Cost Calculation

PRE-TAX UNIT ENERGY COST CALCULATION
Project type
Sample Project: Small Hydro
TECHNICAL INFORMATION
Installed Capacity (MW)
Energy Capability (GWh/yr)
Dependable Capacity (MW)
20
90
5
FINANCIAL INFORMATION
Costs are in real 2004 dollars
Investment Cost
Project lead time
Direct Capital Cost
years
k$
3
40000
Project Life
years
40
CALCULATION OF ANNUALIZED CAPITAL COST:
Year
Direct k$
pre-tax real discount rate:
Operating Costs Before Income Taxes
Fixed OMA
Variable OMA
Grants-in-lieu of taxes
Fixed taxes
Variable taxes
Water Rentals -Capacity
Water Rentals - < 160 GWh/yr
-3
13333
-2
13333
-1
13333
0
0
1
0
6.42%
7.21%
15102
15326
14190
14295
13333
13333
0
0
0
0
k$/yr
$/MWh
$/kW-yr
$k/yr
$/MWh
$/kW-yr
$/MWh
800
0
0
760
0
3.62
1.0862
UEC Based on Average Energy Capability:
At Site Unit Cost
6.42%
7.21%
Pre-Tax Real Discount Rate:
Energy Capability
GW.h
90
90
Investment Cost (Annualized Capital)
Fixed Investment
k$/year
$/MW.h
2986
33
3301
37
Fixed Operations
Variable Operations
Unit Energy Cost
$/MW.h
$/MW.h
$/MWh
18
1
52
18
1
56
Capital +
IDC
42625
42954
Annualized
Capital Cost
2986
3301