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analysis, the author has decided to portray the worst case scenario, in which the proposed plant is imported from the USA. Information obtained through conversation with a manufacturer shows that an ORC system with similar capacity weighs about 10,000 kg, while communication with shipping agents shows that the cost of shipping together with the export clearance charges would amount to about US$2,200.00 (£1417.89). This would give an overall cost for the imported ORC system of US$440,098.58 (£283,641.78). From the European Commission Taxation and Customs Database (EC, 2011) the import duty for electrical equipments imported into the UK from the USA is 2.7%. Also, the VAT on the imported plant would be 20%. All the various costs which make up the total capital investment are shown in Table 7–1. Estimation of the Operating and Maintenance Costs Apart from the money spent in executing the proposed model, its operation would also require some maintenance and this would incur some extra cost. From experience developed over the years from real-life operations of ORC plants (Obernberger et al., 2002), ORC systems have been known to operate stably and require little maintenance. As a normal practice regarding maintenance, periodic weekly checks by the operator, as well as a routine one-to-two-day inspection once a year, are recommended by the manufacturer (Stowa, 2006). The maintenance cost of an ORC system, based on information obtained from the reference real-life ORC project mentioned above, is 2% of the total capital investment, while the administration and insurance cost amounts to about 0.7% of the total 162PDF Image | OPTIMISING THERMAL ENERGY RECOVERY
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