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Future Work In addition to optimizing the torrefaction process, Cleco Power plans to investigate the utilization of the energy contained in the volatiles and non-condensable gases produced during torrefaction. The energy from the volatiles will be utilized by integrating the energy generated with the torrefactionprocess to assess its effect on the process efficiency and overall process economics. The followingobjectives are scheduled to be evaluated during the future course of this project: 1. Evaluation of the effect of biomass properties (type, size, moisture content) on torrefied product; 2. Analyze the product gas distributionof the volatiles released during the torrefactionprocess and evaluate its energy content and utilize the energy from the volatiles and off gases by means of combustion @stallation of a separate combustion module) and thus utilize the energy produced, in the torrefaction process; 3. Evaluatetheprocessefficiencybyintegratingtheenergygeneratedfromthe combustion of volatile gas stream produced during torrefaction; and 4. Perform a techno-economic analysis on the pilot scale unit, Generation Costs Overnight cost is an estimate of the cost at which a plant could be constructed assuming that the entire process from planning through completion could be accomplished in a single day. This concept is useful to avoid the impact of financing issues and assumptions on estimated costs. Levelized cost is often cited as a convenient summary measure of the overall competivenessofdifferentgeneratingtechnologies. Levelizedcostrepresentsthepresentvalue of the total cost of building and operating a generating plant over an assumed fmancial life and duty cycle, converted to equal annual payments. It is important to note that actual plant investment decisions are affected by the specific technological and regional characteristics of a project, which involve numerous considerations other than the levelized cost of competing technologies. The projected utilization rate, which depends on the load shape and the existing resource rnix in an area where additional capacity is needed,isonesuchfactor. Theexistingresourcernixinaregioncandirectlyaffectthe economicviabilityofanewinvestmentbasedonthedisplacementofexistingresources. Awind resource may have a lower levelized cost relative to a biomass facility, but the wind project typically provides energy during off-peak hours and outside of summer and winter seasons, 51 PD.8360793.2PDF Image | THE APPLICATION OF KENTUCKY POWER
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