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Supercritical Carbon Dioxide Circulated EGS Combined with IGCC in New Mexico Capital cost contingencies do not cover uncertainties or risks associated with (1) Scope changes (2) Changes in labor availability or productivity (3) Delays in equipment deliveries (4) Changes in regulatory requirements (5) Unexpected cost escalation (6) Performance of the plant after startup Process Contingency Process contingency is intended to compensate for uncertainty in cost estimates caused by performance uncertainties associated with the development status of a technology. Process contingencies are applied to each plant section based on its current technology status. (DOE Report 2010) Table 16: Key Assumptions for IGCC plant Capital Depreciation Period Capital Expenditure Period Operational Period Inflation MW net Charge Capital Factor 20 years 5 years 30 years 3% 548 0.124 Table 17: Fixed Operation Cost for IGCC plant Fixed Operational Cost Item Labor Administration Taxes/Insurance Sub Total Operational Cost/Yr $ 24,288,722 $ 6,072,181 $ 33,153,996 $ 63,500,000 The fixed operational costs in Table 17 are annual costs incurred that are independent of electricity production or coal usage. The variable operational costs in Table 18 display the annual costs incurred by the project that are dependent on the amount of electricity produced by the system Penn State University | 9.5 IGCC- Economics: 114PDF Image | GREAT NECK WATER POLLUTION CONTROL DISTRICT NASSAU COUNTY, NEW YORK MICROTURBINE INSTALLATION FEASIBILITY STUDY
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