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    EMGT-6225Economic Decision Making Term Project

    1

    Tim BeginCraig CurtisSam Hughes

    Manochehrhan

    "ir#ort Sustaina$i%it& P%an Economic "na%&

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    "gen'a

    (ntro'uction

    Sco#e

    "ssum#tions

    Base%ine

    )ertica% *in' tur$ines

    So%ar #ane%s

    +ighting

    !ua%itati,e consi'erations

    EMGT-6225Economic Decision Making Term Project

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    3

    (ntro'uction

    "ir#ort aci%it& ."/ o#erate' $& Stateagenc& .B/

    0n'ergoing a u%% reno,ation

    1euire' to u%3%% state en,ironmenta%man'ates as *e%% as o*n sustaina$i%it%an

    Economic ana%&sis com#aring4 our %ighting a%ternati,es T*o ,ertica%-ais *in' tur$ines ie'-ang%e #hoto,o%taic #ane%s

    EMGT-6225Economic Decision Making - Project

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    Sco#e

    Economic ana%&sis on rene*a$%e #o*er

    su##%& an' %ighting o#tions to meet thecriteria out%ine' $e%o*

    0sing recor' 'ata an' manuacturetechnica% 'ata

    (n,estment a%ternati,es to $e consi'ere'mutua%%& ec%usi,e

    Criteria4 state man'ates reuire 2758 oenerg& or ne* construction #rojects tocome rom a rene*a$%e source

    State agencies .B/ staina$i%it& #%an

    reuires a re'uction in energ&consum#tion o 298 rom the currentEMGT-6225Economic Decision Making - Project

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    "ssum#tions

    :2M#h *in' s#ee' a,erage is consi'ere' as an

    annua% constant

    So%ar #ane%s are insta%%e' at most e;cient ang%e

    Shi##ing< (nsta%%ation inc%u'e' in initia%

    in,estment

    M"11 = 58< or :98 or 3nance o#tions com#ose'

    o4

    E#ecte' rate o in>ation 58

    Tra'itiona% in>ation-ree rate o interest or

    risk-ree %oans ?8 - 58

    Maintenance is neg%igi$%e

    EMGT-6225Economic Decision Making - Project

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    Base%ine "na%&sis

    EMGT-6225Economic Decision Making Term Project

    0 5 10 15 20 25

    -1200000

    -1000000

    -800000

    -600000

    -400000

    -200000

    0

    Baseline Energy Cash Flow

    Present Worth of Baseline: !8"820"6#2$22% &n'rease (tility rate )er year * 3+ Fa'ility energy 'ons(,)tion: 5"525"081 Whr Fa'ility energy 'ons(,)tion is 'onsi.ere. 'onstant for

    the )lanning hori/on of 20 years

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    #

    @in' Tur$ine A,er,ie*

    EMGT-6225Economic Decision Making Term Project

    Pac*in'Seaha*k

    Pac*in'De%ta ((

    oltage (t)(t 0 - 10 olts 0 -120 oltsC(rrent (t)(t 0 - 20 ,)s 0 - 80 ,)s

    Esti,ate. Energyaings7year 4348$8 Whr 54#2 Whr

    ight 49 Feet 149 Feetia,eter 2$5 Feet 139 FeetWeight 60 l;s 200 l;s

    Cost with shi)ing an.installation

    #"000

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    @in' Tur$ine "na%&sis

    EMGT-6225Economic Decision Making Term Project

    &== an. E== 'al'(lations yiel.e. the sa,e

    re'o,,en.ations

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    @in' Tur$ine "na%&sis

    EMGT-6225Economic Decision Making Term Project

    1 2 3 4 5 6 # 8 101112131415161#181202122232425262#282303132333435363#38340414243

    !1"000"000$00%

    !800"000$00%

    !600"000$00%

    !400"000$00%

    !200"000$00%

    -

    200"000$00

    400"000$00

    600"000$00

    Pay ;a'> )erio.s witho(t .is'o(nt fa'tor

    elta && eahaw>

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    So%ar A,er,ie*

    EMGT-6225Economic Decision Making Term Project

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    So%ar "na%&sis

    EMGT-6225Economic Decision Making Term Project

    &== an. E== 'al'(lations yiel.e. the sa,e

    re'o,,en.ations

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    So%ar "na%&sis

    EMGT-6225Economic Decision Making Term Project

    !1"400"000$00%

    !1"200"000$00%

    !1"000"000$00%

    !800"000$00%

    !600"000$00%

    !400"000$00%

    !200"000$00%

    -

    200"000$00

    400"000$00

    600"000$00?o is'o(nt Pay;a'>

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    +ighting A,er,ie*

    EMGT-6225Economic Decision Making Term Project

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    +ighting "na%&sis

    EMGT-6225Economic Decision Making Term Project

    &== an. E== 'al'(lations yiel.e. the sa,e

    re'o,,en.ations

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    Com#arison o A#tions

    EMGT-6225Economic Decision Making Term Project

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    !ua%itati,econsi'erations Sha%% not $e uanti3e' unti% a 'etai%e' 'esign is

    'one

    Sie im#%ications o 'ierent tur$ines

    !uantit& im#%ications o 'ierent tur$ines

    "ng%e o the #ane%s .engineering consi'erations/

    These are not goo' in,estments .*ere %ooking

    or the o#tion that costs us %east/

    Cost shi##ing an' insta%%ation has $een actore'

    into the initia% in,estment cost7

    EMGT-6225Economic Decision Making - Project

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    1#EMGT-6225Economic Decision Making Term Project

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