BIOMASS ENERGY U T I L I Z A T I O N I N F I J I
Table of Contents
I. Company Brief
II. 12MW Nabou Biomass Power Plant
III. Wood Pellet Projects
IV. Conclusion
2
I. Company Brief
1. Company Profile
2. Major Project
3
1. Company Profile
•GIMCO CO., LTD.
- Headquarter: Seoul, Korea
- Founded : in 2001
- Business Area : Biomass Power Plant, EPC,
Community Energy System (CES), Industrial
Plant EPC, Renewable Energy
•ELTECH LIMITED (GIMCO in Fiji)
- Headquarter: Nadi, Fiji
- Founded : in 2015
- Business Area : Biomass Power Plant, EPC, Energy
Wood Plantation, Logging, Wood Pellet Production
& ExportELTECH
NABOU GREEN ENERGY
SEODAEGU ENERGY•NABOU GREEN ENERGY LIMITED
- Headquarter: Nadi, Fiji
- Founded : in 2015
- Business Area : Biomass Power Plant O&M
•SEODAEGU ENERGY CO., LTD.
- Headquarter: Daegu, Korea
- Founded : in 2006
- Business Area : 10 MW Biomass Power Plant O&M,
Woodchip Production
4
< Korea Projects>
- Cambodia -
Period :
Note :
2013. 11 –2014. 10
Successfully completed;
currently in operation
Project : Kampong 3 MW Power Plant (EPC)
Note :
Project : NorskeSkog CHP (EPC)
• Steam turbine capacity 15 MW
• Boiler capacity 120 ton/h
Project : KDHC CHP (EPC)
Note : • Steam turbine capacity 3 MW
• Boiler 27 ton/h
2. Major Project
5
Project : 12 MW Biomass Power Plant (O&M)
Period : - Completion 2017. 4
-O operating : 25 years ( 2017. 4~)
Note : - Fuel: Short Rotation Tree (Gliricidia)
- Fiji-
Project : 12.3 MW Biomass Power Plant (O&M)
Period : 2013. 8 –2014. 3
Note : Successfully re-commissioned the
power plant for the gov’t (Tropik Wood)
Period :
Note :
June 2006 – current
First biomass power plant in Korea
Capacity (1.5 MW, 48 Gcal/h)
Project : Daegu Biomass CHP (EPC & O&M)
< Korea Projects> < Korea Projects>
- Fiji-
II. 12MW NABOU BIOMASS POWER PLANT
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Project Summary
Project :
Fuel :
12 MW Biomass Power Plant
Sector :
Site Location :
Project
Size :
Key Developers :
Timeline :
Key Project Structure
(1) PPA :
(2) FSA :
(3) EPC / O&M :
Short Rotation Tree (Grilicidia)
Forest & Factory Residues,
Renewable Energy / Power Plant
Nabou (Viti Levu), Fiji
USD 45 mn
GIMCO with Korean Consortium,
Tropik Wood
Commercial Operation in April 2017
25 years operation w/PPA
Fiji Electricity Authority (FEA)
Tropik GIMCO Bioenergy
GIMCO with Korean consortium3)
1) Fiji Electricity Authority (FEA) is Fiji’s national power company, and the sole operator of the national grid
2) Tropik Wood is government owned, and Fiji’s largest and leading wood processing company
3) GIMCO along with Korean consortium will jointly and severally be liable for EPC and O&M
1. Project Summary (Biomass Power Plant)
PROJECT SUMMARY
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STRICTLY PRIVATE & CONFIDENTIAL
Equity
Shareholders
Dividend
Interest Debt
Fuel Supplier
Plant EPC
FSA
EPC
Off-takerPPA2)
Finance
Consulting Group
Finance : Daewoo Securities
Fuel : Indufor
Tech : Jacobs (SKM)
F/S : Korea Rating
Plant Operation
O&M
8
2. Project Summary (Biomass Power Plant)
9
Construction Progress Status
2 JANUARY 2015Start LNTP
On SiteTBN & GEN
SEPTEMBER 2016
PowerReceivi
ng
NOVEMBER 2016
ErectionCompletion
DECEMBER 2016
COD
June 2017
PilingCompletion
APRIL 201512 DECEMBER 2014
Date ofEPC Contract
AS-IS(Progress: 95.78%)
17 JANUARY 20178 JANUARY 2016
Start NTP
Start to InstallSteel Structure of Boiler
8 APRIL 2016
Completion ofBoiler Hydro Test
Commissioning
May 2017
27 June 2017(Progress: 99.7%)
3. Progress
4. Raw Material – Energy Wood Plantation
• Species- Gliricidia sepium
• Rotation- 2~3 years (SRC, Short Rotation Coppice)• Plantation Area- About 5,000 ha (100,000 ton/yr)• Business Period- About 30 years
Overview Short Rotation Forest
• Short Rotation Forest- Short Rotation Forest plantation is getting an
attention due to its positive impact such as absorbing and reducing carbon emission.
- Compared to general plantation which takes about 30 years or more, it takes only 2~15 years depends on species for harvesting with high dense plantation.
- These harvested wood can be used as source for pellet, woodchip, and other wood-based
biomass fuel .- After harvesting, with replantation or coppice,
wood biomass can be continuously obtained.
• Pros- Large amount biomass can be obtained from
small area.- Climate Change mitigation as it reduces
carbon emission- 0.75 kg carbon absorbing and 0.6 kg
oxygen releasing per 0.5 kg tree growth- Water resource protection (Green Dam)
- Flood protection, Drought mitigation, water purifying
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•Basic Info- Name: Gliricidia sepium- Origin: Central America- Use: Fuel, Fence, Shading, Animal
Food- Diameter: max 50 cm- Density: 47~75 g/cm3- Cal: 2,800~3,200 kcal/kg
•Ecological Characteristics- Annual Rainfall: 600~1,500 mm- Temp: 20.7~29.2 Celsius- pH: 4.5~6.2- etc.: Fire resistance, coppice- 2~3 year rotational coppice for
biomass fuel
Overview조 사 단임황
After 1month After 2month
After 3month After 5month After 15month
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4. Raw Material – Energy Wood Plantation
Plantation Status
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4. Raw Material – Energy Wood Plantation
5,000ha Plantation Area 300ha Planted Area
•Basic Info- Species: African Tulip,Highly Invasive- Hurting agricultural land and
ecosystem- Volume: More than 10 million ton (Rapid Increase expected without control)
Overview조 사 단임황
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5. Raw Material – Invasive Species Eradication
Test Item Test Result Test Method
Gross Calorific
Value
(kcal/kg)
4,630 Notification No. 2013-5
the Korea
Forest Research Institute
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6. Nabou Biomass Power Plant Benefits to Fiji
•Fiji GDP Increase
- 45 million USD
•Quality Job Creation (More than 250 jobs)
- Construction: min 100 jobs
- Operation: min 50 jobs
- Forestry(Planting, Harvesting, etc): min 100
jobs
•Fossil Fuel Import Reduction
- Diesel import reduce by 5.5 million gallon/yr
(15 million USD/yr)
Economic Benefits Environmental Benefits
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•Climate Change Mitigation & Adoptation
- 35,676 tCO2eq reduction
- Reforestation & Income generation
• Invasive Forest Species Eradication
- African tulip, etc.
•Reforest Fiji
- Energy wood plantation on abandoned
forest land or ex-sugar cane land
- Reforestation
- Income generation for landowner
III. Wood Pellet Project
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Project Summary
Fiji
Korea
Power Plant
Wood Pellet Product
South Pacific
Countries
1. Pellet Project Summary
Project Summary
•Project: - 500,000 ton/yr Wood Pellet Production and Export
•Project Size- USD 200 million (est.)
•Construction Period- 2018~2021, 500,000 ton/yr
•Raw Material- Short Rotation Tree (Gliricidia sepium)- Invasive Species (African Tulip)- Forest/Sawmill Residues
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2. What is Wood Pellet?
•Wood Pellet is small cylindrical shape high-density biomass fuel
•Shape of Wood Pellet-Shape : Cylindrical-Length : 20~44 mm-Diameter : 6~8 mm-Moisture Contents : 12% or below
•Characteristics-High Energy Density (well above 4,000 kcal/kg or above)
-Easy handling & Transportation-Carbon Neutral Fuel
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3. Wood Pellet Market
Top Global Importer South Korea Import Sources
•Remarks- 2.6 million ton demand in 2016 in
Korea
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4. Process
GOV’T
PLANTATION
ERADICATION
ELTECH
PLANTATION
ERADICATION
COMMUNITY
WOOD PELLET
PRODUCTION
& STORING
LOADING AT
JETTY
SEA
TRANSPOR-
TATION
BUYER
KOREA, SOUTH
PACIFIC
BIOMASS
POWER PLANTFEA GRID
Raw Material Procurement
Plantation
Establishment
nearby to the
pellet facility
(Reducing Tran-
sportation Cost)
Pellet Facility - Annual Production: 500,000 ton- Establishment nearby to the Jetty
Power Plant
12MW X 2Unit
for Wood
Pellet
Production
Jetty
PPP between
FIJI Gov’t &
ELTECH
Selling
Leftover
Power from
the Power
Plant to FEA
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Process Flow
5. Wood Pellet Sample
Wood Pellet Sample Wood Pellet Test Result
Gliricidia African Tulip
Lamtoro Pine
Species
Calorific
Value*
(Kcal/kg)
Ash Fusion Temp (℃)
Gliricidia 4,810 1,360
African Tulip 4,880 1,250
Lamtoro 4,660 1,550
* As dried basis
Ex) Calorific Value of Coal(anthracite) :
4,400~5,700kcal/kg
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6. Project Benefits to Fiji
•Fiji GDP Increase
- Min of 80 million USD Fiji Annual Export
- Foreign investment 200 million USD
•Quality Job Creation (Total 1,000 jobs)
- Construction: min 400 jobs
- Operation: min 100 jobs
- Forestry(Planting, Harvesting, etc): min 500
jobs
•Fossil Fuel Import Reduction
- 24 MW biomass power plant
- Diesel import will be reduced by 11 million
gallon/yr (30 million USD/yr)
Economic Benefits Environmental Benefits
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•Climate Change Mitigation & Adoptation
- 71,352 tCO2eq in Fiji
- Reforestration
• Invasive Forest Species Eradication
- African tulip, etc.
•Reforest Fiji
- Energy wood plantation on abandoned
forest land or ex-sugar cane land
- Reforestation
- Income generation for landowner
Social Benefits
•Energy Security
• Increasing national employment rate
• Income generation
•Fiji Industry Boost
IV. Conclusion
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Currently, Fiji’s power market is heavily leveraged on hydro and oil / diesel-based power
Fiji Power Grid Generation Mix (2013)
Hydro
(60%)
Oil (
21%)
Diesel (16%)
IPP (2%)
Wind (1%)
Total 872,219 MWh
Capacity Mix (2013)2)
Hydro
(43%)
Oil
(22%)
Diesel
(22%)
Bagasse (6%)
Biomass (4%)
Wind (4%)
Total 278.3 MW
Wind Farm (10 MW)
Biomass (12.3 MW)
Hydro (80 MW)
Hydro
(40 MW)
Bagasse (4 MW)
Bagasse
(5 MW)
Bagasse (3 MW)Bagasse (4 MW)
Power Plant DistributionCapacity Breakdown1) (2013)
Fiji Electricity Authority
• Hydro
• Oil
• Diesel
• Wind
Total 250 MW
120 MW
60 MW
60 MW
10 MW
IPP Total 28.3 MW
• Tropik Wood (Biomass)
• FSC2) (Bagasse)
12.3 MW
16.0 MW
1) Based on estimates
2) FSC (Fiji Sugar Corporation, government owned)
1) Fiji Commerce Commission
2) Based on estimates
Fiji Power Market Overview
Renewables
Oil / Diesel
25
Develop the rural area with upgraded marketing and
packaging System brought by Small power packages.
Produce the biomass fuel, Pellet, for domestic demand and
exporting to other countries.
Replacing the Fossil Fuel to Renewable Energy Resources to
achieve the national energy policy
Sustainable Growth of Fiji with Biomass- 5 x Biomass power plants projects (12MW x 5 = 60 MW)- 1 x Wood pellet projects
- 100kW Mini Biomass Power Package (for rural area)
Biomass
IPP
Pellet
Project
Biomass IPP
Pellet Project
Mini Biomass
Power Package
Mini
Biomass
Power
Package
Vision
Achieving Fiji’s 100% Renewable Energy Goal by 2030