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Page 42 Analysis of possibilities for 1MW electricity generation from waste heat in the port of Rotterdam 3.5.1 Alternative ORC costs: several units Alternatively, we could buy ORC units with a defined power. We have data from Pratt&Whitney and TransPacific Energy [Ref. 57]. Feature Pratt&Whitney (UTC) TransPacific Energy Unit power Unit price Number units needed Price ($ 2009) Price (€ 2010) 280 kW 350 k$ 4 1,4 M$ 1,15 M€ 115 kW 250 k$ 9 2,25 M$ 1,85 M€ Table 3.5 – ORC cost by installing several units On the plus side, by having several units we increase the reliability of the system because if one fails, the rest are still available. On the other hand, they are not adjusted to the specific conditions of the waste heat, so the efficiency will be lower. Also, more units means that the control system will be much more complex. In conclusion, this is a valid alternative, but we will not consider it further because the objective of this study is a tailor-made installation. 3.6 Economic analysis First, we will summarize the input variables in Table 3.6. Investment 2.250 O&M costs 250 Administration costs 60 Operational hours 6.570 Electric power 1 Generated electricity 6.570 Electricity price 85 Timespan 15 Interest rate 5 Inflation rate 2 Corporate tax 20 Start-up of first year 75 Start-up of second year 85 k€ k€/year k€/year h/year MW MWh/year €/MWh years % % % % % Description Value Unit Table 3.6 – Conditions for economic analysis of ORCPDF Image | 1MW electricity generation from waste heat port of Rotterdam
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