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20.7 MW Wind Turbine in Jamaica

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By : Ali Raza & Nematullah Wafa

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Clean Energy Technology Analysis using RETScreen

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Table of Contents:

  • Introduction
  • Location
  • Facility Information
  • Energy Model
  • Cost Analysis
  • Emission Analysis
  • Financial Analysis
  • Risk Analysis
  • Conclusion
  • Recommendations
  • References

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Introduction:

  • 20.7 MW wind farm in the southwestern part of Jamaica to be sold to the local utility.
  • Meteorological towers have been installed on the site for the past several years, and measurements at 50 m indicate average wind speeds of 8.3 m/s
  • The wind farm land is leased to the developer for a 20-year period
  • The sale of wind-generated electricity to the local utility at a price of US$0.056/kWh (5y), and US$0.05051/kWh (15y).
  • GHG emissions reductions are sold for US$10/tonne of CO2; the vast majority of the Jamaican electricity supply is generated from oil-combusting power plants.
  • A commercial loan for US$16 million
  • US$3.2 million in equity, and a grant of US$7 million
  • Debt interest rate is 14%, the debt term is 15 years, their discount rate is 15%, they expect an inflation rate of 10%,

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Location:

  • Facility location : 750 m

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  • 900 to 1,000 meters above sea level

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  • Average Ground wind speed : 4.7 m

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  • Weather : Extremely hot and humid

Jamaica - Norman Manley/Kingston

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Location:

Best Months:

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May

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June

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July

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Facility:

  • Benchmark – Power plant

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  • Wind Turbine

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  • Production goal : 20.7 MW

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Energy Model:

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Energy Model:

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Energy Model:

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Energy Model:

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Cost Analysis:

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Cost Analysis:

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Emission Analysis:

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Emission Analysis:

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Financial Analysis:

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Financial Analysis:

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Financial Analysis:

Year 15

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Risk Analysis:

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Risk Analysis:

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Conclusion:

  • Jamaica is prone to Hurricane and earthquake zone
    • Tropical model class 1 turbines used -rated up to a maximum of 69 m/s(248 km/h)
  • Disaster Management
    • Hurricane warning systems
    • Hurricane Shutdown Start up procedures

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Conclusion:

  • Enable factors:
    • a good wind resource,
    • the availability of a capital grant to offset initial costs,
    • the price negotiated for the energy generated from the site,
    • the nearby port,
    • and the low-cost availability of land.
    • The possibility of selling carbon credits from annual emissions reductions will provide additional benefits to projects of this type, making them more financially attractive.
  • MIRR (18.6%) > Discount Rate (15%), Benefit-Cost ratio (1.8) > 1

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Installed Wind Turbine (Jamaica):

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References:

  • Feasibility - Power plant - Wind turbine – 26.7 MW Jamaica
  • Database RETScreen Clean Energy Management Software

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THANK YOU