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Culture Documents
WIND Scenarios 1and2
WIND Scenarios 1and2
Clean Energy
Decision Support Centre
www.retscreen.net
Worksheets
Energy Model
Equipment Data
Cost Analysis
Greenhouse Gas Analysis
Financial Summary
Features
Product Data
Weather Data
Cost Data
Unit Options
Currency Options
CDM / JI Project Analysis
Sensitivity Analysis
Version 3.0
Partners
NRCan/CETC - Varennes
Metric
Site Conditions
Project name
Project location
Wind data source
Nearest location for weather data
Annual average wind speed
Height of wind measurement
Wind shear exponent
Wind speed at 10 m
Average atmospheric pressure
Annual average temperature
m/s
m
m/s
kPa
C
Estimate
Scenario #1
Calgary, AB
Wind speed
Calgary Int'l. A, AB
4.4
10.0
0.15
4.4
88.9
4
System Characteristics
Grid type
Wind turbine rated power
Number of turbines
Wind plant capacity
Hub height
Wind speed at hub height
Array losses
Airfoil soiling and/or icing losses
Other downtime losses
Miscellaneous losses
kW
kW
m
m/s
%
%
%
%
Estimate
Central-grid
1,000
20
20,000
45.0
5.5
3%
2%
2%
3%
kW
MW
MWh
MWh
kWh/m
%
MWh
GJ
Estimate
Per Turbine
1,000
1.000
1,545
0.88
1.04
1,414
0.90
556
15%
1,278
4,600
Notes/Range
See Online Manual
3.0 to 100.0 m
0.10 to 0.40
60.0 to 103.0 kPa
-20 to 30 C
Notes/Range
Complete Equipment Data sheet
6.0 to 100.0 m
0% to 20%
1% to 10%
2% to 7%
2% to 6%
Estimate
Total
20,000
20.000
30,902
0.88
1.04
28,282
0.90
556
15%
25,556
92,003
Notes/Range
0.59 to 1.02
0.98 to 1.15
0.75 to 1.00
150 to 1,500 kWh/m
20% to 40%
NRCan/CETC - Varennes
Estimate
1,000
45.0
54
2,300
Bonus Energy
AN BONUS 1 MW
User-defined
Wind speed
(m/s)
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
kW
m
m
m
Notes/Range
See Product Database
6.0 to 100.0 m
7 to 80 m
35 to 5,027 m
Site specific
5,000
4,500
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0
Power (kW)
1,000
800
600
400
200
0
0
10
12
14
16
Wind speed (m/s)
18
20
22
Energy (MWh/yr)
Power
1,200
24
Return to
Energy Model sheet
Version 3.0
NRCan/CETC - Varennes
Search Marketplace
Custom
Currency:
Second currency:
Unit Cost
Unit
Quantity
p-d
met tower
p-d
p-d
p-d
project
p-d
p-d
p-trip
6.0
6
8.0
18.0
18.0
$
$
$
$
$
800
22,000
800
800
800
8.0
6.0
4
$
$
$
800
800
3,000
p-d
p-d
project
p-d
project
p-d
p-d
p-yr
p-trip
p-d
p-d
p-d
p-d
p-d
p-yr
20.0
250.0
1
50.0
$
$
$
$
1,200
800
30,000
600
100.0
100.0
1.25
18
$
$
$
$
1,500
1,200
130,000
3,000
175.0
100.0
150.0
90.0
110.0
0.85
$
$
$
$
$
$
800
800
800
800
800
130,000
Sub-total:
Energy Equipment
Wind turbine(s)
Spare parts
Transportation
Sub-total:
Balance of Plant
Wind turbine(s) foundation(s)
Wind turbine(s) erection
Road construction
Transmission line
Substation
Control and O&M building(s)
Transportation
Sub-total:
Miscellaneous
Training
Commissioning
Contingencies
Interest during construction
Sub-total:
Initial Costs - Total
Annual Costs (Credits)
O&M
Land lease
Property taxes
Insurance premium
Transmission line maintenance
Parts and labour
GHG monitoring and verification
Community benefits
Travel and accommodation
General and administrative
Contingencies
Annual Costs - Total
Periodic Costs (Credits)
Drive train
Blades
End of project life
Version 3.0
kW
%
turbine
turbine
turbine
km
km
project
building
project
p-d
p-d
%
6.0%
20,000
1.0%
20
20
20
3.00
8.50
1
1
1
40.0
50.0
5%
12 month(s)
$
$
$
$
$
$
$
$
$
$
$
$
$
$
1,200
24,000,000
33,000
78,000
52,000
50,000
70,000
2,055,000
125,000
68,000
800
800
32,141,200
33,748,260
Unit
Quantity
project
project
project
%
kWh
project
p-trip
%
1
1
1
3.0%
25,556,461
$
$
$
$
$
57,000
23,000
46,000
2,650,000
0.008
1
12
6%
$
$
$
15,000
3,000
460,952
10%
488,609
Cost
Cost
Period
10 yr
15 yr
Credit
$
Denmark
Amount
$
$
$
$
$
$
$
$
$
$
$
4,800
132,000
6,400
14,400
14,400
6,400
4,800
12,000
195,200
$
$
$
$
$
$
$
$
$
$
$
24,000
200,000
30,000
30,000
150,000
120,000
162,500
54,000
770,500
$
$
$
$
$
$
$
$
140,000
80,000
120,000
72,000
88,000
110,500
610,500
$
$
$
$
$
24,000,000
240,000
660,000
24,900,000
$
$
$
$
$
$
$
$
$
1,560,000
1,040,000
150,000
595,000
2,055,000
125,000
68,000
5,593,000
$
$
$
$
$
$
32,000
40,000
1,607,060
1,012,448
2,691,508
34,760,708
7.7%
100.0%
Amount
Relative Costs
Unit Cost
$
$
Unit Cost
1,000,000
1,000,000
$
Cost references:
DKK
Rate: $/DKK
Relative Costs Quantity Range
$
$
$
$
$
$
$
$
$
$
$
$
57,000
23,000
46,000
79,500
204,452
15,000
36,000
27,657
48,861
537,470
$
$
$
$
Amount
1,000,000
1,000,000
-
None
0.17900
Unit Cost Range
Quantity Range
Interval Range
-
0.6%
2.2%
1.8%
71.6%
16.1%
100.0%
RETScreen Greenhouse Gas (GHG) Emission Reduction Analysis - Wind Energy Project
Use GHG analysis sheet?
Potential CDM project?
Yes
No
Type of analysis:
Use simplified baseline methods?
Standard
No
Background Information
Project Information
Project name
Project location
Scenario #1
Calgary, AB
Project capacity
Grid type
20.0 MW
Central-grid
(IPCC 1996)
(IPCC 1996)
Coal
Electricity mix
Fuel mix
(%)
100.0%
100%
CO2 emission
factor
(kg/GJ)
94.6
293.8
CH4 emission
factor
(kg/GJ)
0.0020
N2O emission
factor
(kg/GJ)
0.0030
0.0062
0.0093
No
Fuel conversion
efficiency
(%)
35.0%
T&D
losses
(%)
8.0%
8.0%
GHG emission
factor
(tCO2/MWh)
1.069
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
1.069
-20.0%
Electricity system
Wind
(%)
CO2 emission
factor
(kg/GJ)
CH4 emission
factor
(kg/GJ)
N2O emission
factor
(kg/GJ)
Fuel conversion
efficiency
(%)
T&D
losses
(%)
GHG emission
factor
(tCO2/MWh)
100.0%
0.0
0.0000
0.0000
100.0%
8.0%
0.000
Base case
GHG emission
factor
(tCO2/MWh)
1.069
Proposed case
GHG emission
factor
(tCO2/MWh)
0.000
End-use
annual energy
delivered
(MWh)
23,512
Gross annual
GHG emission
reduction
(tCO2)
25,123
GHG credits
transaction
fee
(%)
0.0%
Net annual
GHG emission
reduction
(tCO2)
25,123
Fuel mix
Electricity system
(yr)
1 to 4
United Nations Environment Programme & Minister of Natural Resources Canada 2000 - 2004.
MWh
MWh
kW
Scenario #1
Calgary, AB
25,556
Central-grid
Peak load
Grid energy demand
Net GHG reduction
Net GHG reduction - yr 5 + beyond
Net GHG emission reduction - 25 yrs
Net GHG emission reduction - 25 yrs
kW
MWh
tCO2/yr
tCO2/yr
tCO2
tCO2
Central-grid
25,123
25,123
628,067
628,067
Financial Parameters
Avoided cost of energy
RE production credit
RE production credit duration
RE credit escalation rate
GHG emission reduction credit
GHG reduction credit duration
GHG credit escalation rate
Avoided cost of excess energy
Avoided cost of capacity
Energy cost escalation rate
Inflation
Discount rate
Project life
$/kWh
$/kWh
yr
%
$/tCO2
yr
%
$/kWh
$/kW-yr
%
%
%
yr
0.0450
25
2.5%
25
2.5%
120
3.0%
2.5%
9.0%
25
Debt ratio
Debt interest rate
Debt term
Income tax analysis?
Effective income tax rate
Loss carryforward?
Depreciation method
Depreciation tax basis
Depreciation rate
Depreciation period
Tax holiday available?
Tax holiday duration
%
%
yr
70.0%
8.5%
10
yes/no
No
%
35.0%
yes/no
Yes
Declining balance
%
95.0%
%
30.0%
yr
15
yes/no
No
yr
5
0.6%
2.2%
1.8%
71.6%
16.1%
7.7%
100.0%
$
$
$
$
$
$
$
195,200
770,500
610,500
24,900,000
5,593,000
2,691,508
34,760,708
Incentives/Grants
$
$
$
$
1,000,000
1,000,000
-
$
$
$
$
537,470
3,708,460
4,245,929
$
$
$
$
$
1,150,041
1,150,041
Schedule yr # 10,20
Schedule yr # 15
Schedule yr # 0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0
Schedule yr # 25
Financial Feasibility
Pre-tax IRR and ROI
After-tax IRR and ROI
Simple Payback
Year-to-positive cash flow
Net Present Value - NPV
Annual Life Cycle Savings
Benefit-Cost (B-C) ratio
Version 3.0
%
%
yr
yr
$
$
-
-7.1%
-7.1%
56.7
more than 25
(27,163,120)
(2,765,375)
(1.60)
yes/no
$/kWh
yes/no
$/tCO2
$
$
$/yr
-
No
0.0722
No
Not calculated
10,428,212
24,332,495
3,708,460
(0.11)
After-tax
$
(10,428,212)
(3,074,824)
(3,053,061)
(3,030,575)
(3,007,345)
(2,983,345)
(2,958,551)
(2,932,937)
(2,906,477)
(2,879,143)
(4,130,992)
886,719
916,846
947,966
980,109
(434,988)
1,047,601
1,083,018
1,119,598
1,157,377
(442,222)
1,236,690
1,278,305
1,321,280
1,365,661
1,411,491
-
Cumulative
$
(10,428,212)
(13,503,037)
(16,556,097)
(19,586,672)
(22,594,017)
(25,577,362)
(28,535,913)
(31,468,850)
(34,375,328)
(37,254,471)
(41,385,463)
(40,498,745)
(39,581,899)
(38,633,933)
(37,653,824)
(38,088,812)
(37,041,211)
(35,958,192)
(34,838,594)
(33,681,217)
(34,123,438)
(32,886,748)
(31,608,443)
(30,287,163)
(28,921,503)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
(27,510,011)
NRCan/CETC - Varennes
34,760,708
0
0
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
(5,000,000)
(10,000,000)
(15,000,000)
(20,000,000)
(25,000,000)
(30,000,000)
(35,000,000)
(40,000,000)
(45,000,000)
Years
Version 3.0
NRCan/CETC - Varennes
Clean Energy
Decision Support Centre
www.retscreen.net
Worksheets
Energy Model
Equipment Data
Cost Analysis
Greenhouse Gas Analysis
Financial Summary
Features
Product Data
Weather Data
Cost Data
Unit Options
Currency Options
CDM / JI Project Analysis
Sensitivity Analysis
Version 3.0
Partners
NRCan/CETC - Varennes
Metric
Site Conditions
Project name
Project location
Wind data source
Nearest location for weather data
Annual average wind speed
Height of wind measurement
Wind shear exponent
Wind speed at 10 m
Average atmospheric pressure
Annual average temperature
m/s
m
m/s
kPa
C
Estimate
Scenario #2
Pincher Creek, AB
Wind speed
Lethbridge A, AB
7.0
10.0
0.15
7.0
90.7
6
System Characteristics
Grid type
Wind turbine rated power
Number of turbines
Wind plant capacity
Hub height
Wind speed at hub height
Array losses
Airfoil soiling and/or icing losses
Other downtime losses
Miscellaneous losses
kW
kW
m
m/s
%
%
%
%
Estimate
Central-grid
1,000
20
20,000
45.0
8.8
3%
2%
2%
3%
kW
MW
MWh
MWh
kWh/m
%
MWh
GJ
Estimate
Per Turbine
1,000
1.000
3,855
0.90
1.03
3,573
0.90
1,404
37%
3,229
11,625
Notes/Range
See Online Manual
3.0 to 100.0 m
0.10 to 0.40
60.0 to 103.0 kPa
-20 to 30 C
Notes/Range
Complete Equipment Data sheet
6.0 to 100.0 m
0% to 20%
1% to 10%
2% to 7%
2% to 6%
Estimate
Total
20,000
20.000
77,097
0.90
1.03
71,469
0.90
1,404
37%
64,583
232,497
Notes/Range
0.59 to 1.02
0.98 to 1.15
0.75 to 1.00
150 to 1,500 kWh/m
20% to 40%
NRCan/CETC - Varennes
Estimate
1,000
45.0
54
2,300
Bonus Energy
AN BONUS 1 MW
User-defined
Wind speed
(m/s)
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
kW
m
m
m
Notes/Range
See Product Database
6.0 to 100.0 m
7 to 80 m
35 to 5,027 m
Site specific
5,000
4,500
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0
Power (kW)
1,000
800
600
400
200
0
0
10
12
14
16
Wind speed (m/s)
18
20
22
Energy (MWh/yr)
Power
1,200
24
Return to
Energy Model sheet
Version 3.0
NRCan/CETC - Varennes
Search Marketplace
Custom
Currency:
Second currency:
Unit Cost
Unit
Quantity
p-d
met tower
p-d
p-d
p-d
project
p-d
p-d
p-trip
6.0
6
8.0
18.0
18.0
$
$
$
$
$
800
22,000
800
800
800
8.0
6.0
4
$
$
$
800
800
3,000
p-d
p-d
project
p-d
project
p-d
p-d
p-yr
p-trip
p-d
p-d
p-d
p-d
p-d
p-yr
20.0
250.0
1
50.0
$
$
$
$
1,200
800
30,000
600
100.0
100.0
1.25
18
$
$
$
$
1,500
1,200
130,000
3,000
175.0
100.0
150.0
90.0
110.0
0.85
$
$
$
$
$
$
800
800
800
800
800
130,000
Sub-total:
Energy Equipment
Wind turbine(s)
Spare parts
Transportation
Sub-total:
Balance of Plant
Wind turbine(s) foundation(s)
Wind turbine(s) erection
Road construction
Transmission line
Substation
Control and O&M building(s)
Transportation
Sub-total:
Miscellaneous
Training
Commissioning
Contingencies
Interest during construction
Sub-total:
Initial Costs - Total
Annual Costs (Credits)
O&M
Land lease
Property taxes
Insurance premium
Transmission line maintenance
Parts and labour
GHG monitoring and verification
Community benefits
Travel and accommodation
General and administrative
Contingencies
Annual Costs - Total
Periodic Costs (Credits)
Drive train
Blades
End of project life
Version 3.0
kW
%
turbine
turbine
turbine
km
km
project
building
project
p-d
p-d
%
6.0%
20,000
1.0%
20
20
20
3.00
8.50
1
1
1
40.0
50.0
5%
12 month(s)
$
$
$
$
$
$
$
$
$
$
$
$
$
$
1,000
20,000,000
33,000
78,000
52,000
50,000
70,000
2,055,000
125,000
68,000
800
800
28,101,200
29,506,260
Unit
Quantity
project
project
project
%
kWh
project
p-trip
%
1
1
1
3.0%
64,582,523
$
$
$
$
$
57,000
23,000
46,000
2,650,000
0.008
1
12
6%
$
$
$
15,000
3,000
773,160
10%
819,550
Cost
Cost
Period
10 yr
15 yr
Credit
$
Denmark
Amount
$
$
$
$
$
$
$
$
$
$
$
4,800
132,000
6,400
14,400
14,400
6,400
4,800
12,000
195,200
$
$
$
$
$
$
$
$
$
$
$
24,000
200,000
30,000
30,000
150,000
120,000
162,500
54,000
770,500
$
$
$
$
$
$
$
$
140,000
80,000
120,000
72,000
88,000
110,500
610,500
$
$
$
$
$
20,000,000
200,000
660,000
20,860,000
$
$
$
$
$
$
$
$
$
1,560,000
1,040,000
150,000
595,000
2,055,000
125,000
68,000
5,593,000
$
$
$
$
$
$
32,000
40,000
1,405,060
885,188
2,362,248
30,391,448
7.8%
100.0%
Amount
Relative Costs
Unit Cost
$
$
Unit Cost
1,000,000
1,000,000
$
Cost references:
DKK
Rate: $/DKK
Relative Costs Quantity Range
$
$
$
$
$
$
$
$
$
$
$
$
57,000
23,000
46,000
79,500
516,660
15,000
36,000
46,390
81,955
901,505
$
$
$
$
Amount
1,000,000
1,000,000
-
None
0.17900
Unit Cost Range
Quantity Range
Interval Range
-
0.6%
2.5%
2.0%
68.6%
18.4%
100.0%
RETScreen Greenhouse Gas (GHG) Emission Reduction Analysis - Wind Energy Project
Use GHG analysis sheet?
Potential CDM project?
Yes
No
Type of analysis:
Use simplified baseline methods?
Standard
No
Background Information
Project Information
Project name
Project location
Scenario #2
Pincher Creek, AB
Project capacity
Grid type
20.0 MW
Central-grid
(IPCC 1996)
(IPCC 1996)
Coal
Electricity mix
Fuel mix
(%)
100.0%
100%
CO2 emission
factor
(kg/GJ)
94.6
293.8
CH4 emission
factor
(kg/GJ)
0.0020
N2O emission
factor
(kg/GJ)
0.0030
0.0062
0.0093
No
Fuel conversion
efficiency
(%)
35.0%
T&D
losses
(%)
8.0%
8.0%
GHG emission
factor
(tCO2/MWh)
1.069
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
1.069
-20.0%
Electricity system
Wind
Fuel mix
(%)
CO2 emission
factor
(kg/GJ)
CH4 emission
factor
(kg/GJ)
N2O emission
factor
(kg/GJ)
Fuel conversion
efficiency
(%)
T&D
losses
(%)
GHG emission
factor
(tCO2/MWh)
100.0%
0.0
0.0000
0.0000
100.0%
8.0%
0.000
Base case
GHG emission
factor
(tCO2/MWh)
1.069
Proposed case
GHG emission
factor
(tCO2/MWh)
0.000
End-use
annual energy
delivered
(MWh)
59,416
Gross annual
GHG emission
reduction
(tCO2)
63,486
GHG credits
transaction
fee
(%)
0.0%
Net annual
GHG emission
reduction
(tCO2)
63,486
Electricity system
(yr)
1 to 4
United Nations Environment Programme & Minister of Natural Resources Canada 2000 - 2004.
Scenario #2
Pincher Creek, AB
MWh
64,583
MWh
kW
Central-grid
Peak load
Grid energy demand
Net GHG reduction
Net GHG reduction - yr 5 + beyond
Net GHG emission reduction - 25 yrs
Net GHG emission reduction - 25 yrs
kW
MWh
tCO2/yr
tCO2/yr
tCO2
tCO2
Central-grid
63,486
63,486
1,587,158
1,587,158
Financial Parameters
Avoided cost of energy
RE production credit
RE production credit duration
RE credit escalation rate
GHG emission reduction credit
GHG reduction credit duration
GHG credit escalation rate
Avoided cost of excess energy
Avoided cost of capacity
Energy cost escalation rate
Inflation
Discount rate
Project life
$/kWh
$/kWh
yr
%
$/tCO2
yr
%
$/kWh
$/kW-yr
%
%
%
yr
0.0450
0.025
25
2.5%
5.0
25
2.5%
120
3.0%
2.5%
9.0%
25
Debt ratio
Debt interest rate
Debt term
Income tax analysis?
Effective income tax rate
Loss carryforward?
Depreciation method
Depreciation tax basis
Depreciation rate
Depreciation period
Tax holiday available?
Tax holiday duration
%
%
yr
70.0%
8.5%
15
yes/no
No
%
35.0%
yes/no
Yes
Declining balance
%
95.0%
%
30.0%
yr
15
yes/no
No
yr
5
0.6%
2.5%
2.0%
68.6%
18.4%
7.8%
100.0%
$
$
$
$
$
$
$
195,200
770,500
610,500
20,860,000
5,593,000
2,362,248
30,391,448
Incentives/Grants
$
$
$
$
1,000,000
1,000,000
-
%
%
yr
yr
$
$
-
22.8%
22.8%
7.7
5.2
19,534,240
1,988,708
3.14
$
$
$
$
901,505
2,561,827
3,463,331
$
$
$
$
$
2,906,214
1,614,563
317,432
4,838,208
Schedule yr # 10,20
Schedule yr # 15
Schedule yr # 0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0
Schedule yr # 25
Financial Feasibility
Pre-tax IRR and ROI
After-tax IRR and ROI
Simple Payback
Year-to-positive cash flow
Net Present Value - NPV
Annual Life Cycle Savings
Benefit-Cost (B-C) ratio
Version 3.0
yes/no
$/kWh
yes/no
$/tCO2
$
$
$/yr
-
No
0.0722
No
Not calculated
9,117,434
21,274,013
2,561,827
1.58
After-tax
$
(9,117,434)
1,487,826
1,604,034
1,723,596
1,846,610
1,973,176
2,103,397
2,237,378
2,375,230
2,517,064
1,382,911
2,813,145
2,967,633
3,126,588
3,290,137
2,010,118
6,193,388
6,371,540
6,554,847
6,743,456
5,298,906
7,137,205
7,342,668
7,554,077
7,771,608
7,995,436
-
Cumulative
$
(9,117,434)
(7,629,609)
(6,025,575)
(4,301,979)
(2,455,368)
(482,192)
1,621,205
3,858,583
6,233,813
8,750,876
10,133,787
12,946,932
15,914,565
19,041,153
22,331,291
24,341,408
30,534,796
36,906,336
43,461,183
50,204,639
55,503,545
62,640,750
69,983,418
77,537,495
85,309,103
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
93,304,539
NRCan/CETC - Varennes
30,391,448
100,000,000
80,000,000
60,000,000
40,000,000
20,000,000
0
0
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
(20,000,000)
Years
Version 3.0
NRCan/CETC - Varennes