ProForm: A Tool for Pre-Feasibility Analysis of Renewable Energy and Energy Efficiency Projects Bill Golove WHGolove@lbl.gov Lawrence Berkeley National Laboratory Yerevan, Armenia April 19 â 23, 2004Slide 2
Agenda Introduction to ProForm and Carbon Trading Partnerships â Roles, Rights, Responsibilities Analyzing undertakings utilizing ProForm: Explainations and Examples Renewable Electric â Basic and Expert User Cogeneration â Basic User Energy Efficiency â Basic User Project Analysis EvaluationSlide 3
Major International Carbon Funds World Bankâs Prototype Carbon Fund â 29 ventures, US $180 million World Bankâs Community Development Carbon Fund â target size US $100 million World Bankâs BioCarbon Fund â target size US $100 million Dutch government â 19 ventures Japanese organizations â 14 ventures Swedish government â 3 ventures Canadian organizations â 2 ventures Finnish government â 2 ventures UK organizations â 2 venturesSlide 4
I. Prologue to ProformSlide 5
A computational spreadsheet instrument for clean vitality extends that: Calculates essential vitality and budgetary pointers Quantifies outflow decreases Calculates the money related effect of the offer of carbon credits on a venture Designed to assess a large number of undertaking sorts Generation, effectiveness, co-era, fuel exchanging, methane catch What is ProForm?Slide 6
Rationale for the Development of ProForm Need for a typical system to lead appraisal of clean vitality ventures (i.e., ventures with nursery gas lessening advantages) Lack of nature among little business visionaries in creating nations with money related investigation/ace formas Lack of access among neighborhood designers to extravagant undertaking examination programming Requirement for assessment of the effect of potential income from carbon credits under option task financing courses of action (additionality)Slide 7
Who Should Use ProForm? Business people in creating nations and EITs National environmental change/vitality and administrative organizations Individual/multi-sidelong speculators and monetary establishments Consultants/expertsSlide 8
Benefits of Proform Simple, straightforward and exact technique Lowers venture readiness expenses Reduces many-sided quality and subjectivity during the time spent evaluating money related and ecological advantages. Can be utilized both for get ready venture recommendations and for assessing undertaking propositionSlide 9
Types of Projects (I) Renewable vitality extends that: Generate and offer power to the lattice Generate and utilization power inside Renewable non-electric tasks that uproot Electricity Fuel Cogeneration venturesSlide 10
Types of Projects (II) Energy productivity extends that: Reduce power utilization Reduce fuel utilization Reduce power and fuel utilization Fuel exchanging activities Landill methane gas catch venturesSlide 11
Pre-Feasibility Scenario Analysis ProForm helps the client in assessing an assortment of situations 3 situation ability assembled in Values for carbon credits Discount rates Other monetary and specialized variables, for example, Loan terms Electricity value Capacity component, and so onSlide 12
Results Financial (pre-and post-duty): Net Present Value Internal Rate of Return Cash Flow Debt Service Coverage Ratio Emissions diminishments: C, NOx, SOx, PMSlide 13
Additional Information ProForm is an apparatus being developed for a business sector being developed Financing ProForm Seed cash from the U.S. Division of Energy Continuing improvement, circulation, and preparing stores from USAID ProForm is appropriated for nothing out of pocket Training in the utilization of ProForm will be offered if there is adequate premium and subsidizing; additionally modified formsSlide 14
Partners Roles, Rights, and ResponsibilitiesSlide 15
Financing Agencies USAID USDOE Logistic Partners NGOs Consultants Orientation Endorsement Partners Development Banks Governmental Agencies Multilateral Investors Financial Institutions Training and Distribution Partners NGOs Industry Assocâs Consultants Individual clients Private Companies Researchers Consultants Types of PartnershipsSlide 16
Endorsement Partners Accept venture recommendations which utilize ProForm in their arrangement Use ProForm to assess the undertaking proposition got Distribute ProForm from own web webpage, if soughtSlide 17
Training and Distribution Partners Distribution of ProForm to clients Train and give specialized help to clients Collect case venture informationSlide 18
Logistics Partners Establish contacts inside of the nation or district Coordinate preparing workshops Collect illustration venture dataSlide 19
Individual Users Use ProForm for task readiness and investigation Share venture information, at their cautionSlide 20
LBNL Training of the mentors Customizing programming to address particular issues of accomplices Distribution of ProForm to clientsSlide 21
III. Breaking down Projects: Explanations and ExamplesSlide 22
Minimum Data Requirements Minimum necessities exercise manual is accessible to help in get ready information for information into ProForm signifies least obliged cells with an asteric *Slide 23
Opening Dialog Box â Project Types (I) Renewable Electric Projects that create and offer power to the framework Renewable Non-Electric Co-Generation Natural gas - single cycleSlide 24
Opening Dialog Box â Project Types (II) Efficiency Reduce the utilization of vitality Generate power for inner utilization Fuel Switching Landfill Methane Gas Capture ProjectsSlide 25
Opening Dialog Box - Options Biomass fuel Baseline Energy sorts Electricity Fuel Both Source of Cogeneration Steam Project Developer â Utility Energy Services Company (ESCO) End UserSlide 26
Opening Dialog Box - User Mode Basic Rapid and simple investigation Expert Allows client to change data values after some time, for instance: Capacity Efficiency Financial componentsSlide 27
Opening Dialog Box - Financial Analysis Basic All incomes and expenses are amassed into a solitary stream Advanced Allows for two distinctive task supporters and money related streamsSlide 28
Project Identification Financial Energy Environmental Environment Technical Information Financial ProForm Structure Project Specific Data Results Calculations Baseline Data Technical DataSlide 29
Worksheets Input Data: â I â Calculations: â_ Calc â â Base â Baseline â RenE, RenN, Eff, CoGen, FuelSwitch, Landfill â Project innovation â Fin â Finances â GHG â Greenhouse gas outflows â Results â Appendix Approximate worldwide qualities Conversion FactorsSlide 30
Cells and Protection Yellow cells â Data passage Gray Cells â Calculations Can just be changed in master client mode Purple Cells â ResultsSlide 31
Three Scenarios of CER PriceSlide 32
Example Projects Renewable Electric Small Hydroelectric â Expert User Cogeneration District Heating â Basic User Efficiency Cement Production â Basic UserSlide 33
Hydroelectric Dam 4 MW 68% Capacity Factor or 24000 MWh/year 25 year $6.75 millionSlide 34
Hydroelectric Dam Expert User â âFin_Calcsâ Change in cost got for power years 1 to 10: 26 Drams/kWh years 11 to 25: 29 Drams/kWh Increasing operation and mantainance costs 5% every yearSlide 35
Hydroelectric Dam Expert User â âFinAnalâ Instead of equivalent portion credit installments: *Thousands of dollars, 9% premiumSlide 36
Hydroelectric Dam Expert User â âFinAnalâ Only deteriorate a segment of aggregate expenses $6,015,656 Sale of potential $280,000/year 10 $336,000/year from there onSlide 37
District Heating Cogeneration 90 MW Yerevan District Heating Boiler to be supplanted with Combined Heat and Power Plant. Power produced dislodges lattice common gas. Limit element =5000 hours/8760 hours for every year = 57%Slide 38
Existing Equipment 950 tons clinker/day 3.4 GJ fuel oil/ton clinker 133 kWh/ton clinker 80% limit New Equipment 2200 tons clinker/day 2.8 GJ fuel oil/ton clinker 96 kWh/tons clinker 80% limit Cement Efficiency ProjectSlide 39
Cement Efficiency Project Calculating the Base Line Existing Kiln: 3.4 GJ/ton * 950 ton/day * 365 days/year * 0.8 = 943160 GJ/year New Kiln: 2.8 GJ/ton * 2200 ton/d ay * 365 d ay/year * 0.8 = 1798720 GJ/year The new oven utilizes more vitality than the current one. Be that as it may, it is much greater!Slide 40
Cement Efficiency Project Calculating the Baseline Base Line Kiln: 3.4 GJ/ton * 950 ton/d ay * 365 d ays/year * 0.8 * 2200/950 = 2184160 GJ/year 1798720 < 2184160 To deliver the same amount of bond, the new oven is more productive!Slide 41
Cement Efficiency Project Displaced Investment Comparing units with the same level of administration New Equipment: 2200 tons/day Existing Equipment: - 950 tons/day Displaced Investment: 1250 tons/day Displaced Investment = Cost of gauge gear that would be expected to deliver 1250 more huge amounts of bond every day â recognize expense to even out administration levels and expense to accomplish enhanced vitality productivitySlide 42
IV. AssessmentSlide 43
ProForm Web Site ProForm variant 4.0 is dispersed gra
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