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Biomass Based Small Scale Combined Heat and Power Tech

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Biomass Based Small Scale Combined Heat and Power Tech ( biomass-based-small-scale-combined-heat-and-power-tech )

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160 140 120 100 80 60 40 20 0 0 1000 2000 3000 4000 5000 6000 7000 8000 Harboore Movisala Vrije Electric Power [kWel] Steam Engine EFGT ORC Gas Engine Electricity Price 9000 Electricity Price Including Green Electricity Certificate Figure 4.1 COE for different CHP technologies, Fuel price=15 €/MWh, Economic lifetime=15 years, Interest rate 6%, Annual operation hours=5000 The calculated COE for the Figure 4.1 are based on an economic lifetime of 15 years which was chosen since this is the maximum number of consecutive years the green electricity certificates are handed out in Sweden. However if increasing the economic lifetime to 20 years which is more suitable for this type of investment, the results in Figure 4.2 is achieved. It can be seen that the Movisala plant is almost economically viable if assuming that certificates are granted the full life-span. Still in the range under 1000 kWel the electricity price or certificate value needs to be increased with at least 30 €/MWhel. 160 140 120 100 80 60 40 20 0 Talbotts Harboore 0 1000 Vrije 2000 3000 4000 Movisala 5000 6000 7000 8000 9000 Electric Power [kWel] Steam Engine EFGT ORC Electricity Price Electricity Price Including Green Electricity Certificate Gas Engine Figure 4.2 COE for different CHP technologies, Fuel price=15 €/MWh, Economic lifetime=20years, Interest rate 6%, Annual operation hours=5000 52 COE [€/MWh] COE [€/MWh]

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