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Part 1 a - Project cost analysis The overall aim is to present a cost analysis for a renewable project to a technical and non
Part a Project cost analysis
The overall aim is to present a cost analysis for a renewable project to a technical and nontechnical audience, so take care that all information easy to understand, but factual with supporting evidencecited referencing.
Select only one of the above renewable energy technologies RETs wind, solar or biomass for your initial cost analysis. Using the data above and energy data that you calculated to size the RET, from the previous assessment HA determine the:
i Capital cost also expand kw to for your RETs showing a further breakdown for the key planningconstructioninstallation stages CBA not required for this stage
ii Explain the content of each planningconstructioninstallation stage.
Guidance for a: your answer should include a copy of your spreadsheet. Also expect to see at least costed stages including planningequipmentconstructioninstallation costs. Show mathematical calculations in your spreadsheet and reference any costing sources used to develop your total capital cost. Note: take care with AD CHP plant as the costings may be based on their electrical output power rating, rather than their input or combined heat and electrical output power, and assume it uses a spark ignition engine.Capacity factor: Availablity of the energy source, and the technology's ability to convert the source to useful energy if required
Electrical efficiency: Ability to convert the useful energy into electricity
Key: RET Renewable Energy Technology
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