You are on page 1of 15

Ahmad Sayil Hamad

AL-Najah University

Power plant - Photovoltaic

:Prepared for :Prepared by

Noor Hasan Jaber Dr.Haitham Sawalha

RETScreen Expert - Clean Energy Management SoftwareDraft report - 2020-03-30


Subscriber: An Najah National University - Educational Use Only
Executive summary
This report was prepared using the RETScreen Clean Energy Management Software. The key findings
and recommendations of this analysis are presented below:

Target

Electricity exported to Electricity export GHG emission


grid revenue reduction
MWh $ tCO₂
Proposed case 95.3 25,825 69.2

The main results are as follows:

Cash flow - Cumulative

Disclaimer: This report is distributed for informational purposes only and does not necessarily reflect the views of the Government of
Canada nor constitute an endorsement of any commercial product or person. Neither Canada nor its ministers, officers, employees
or agents make any warranty in respect to this report or assumes any liability arising out of this report.

Subscriber: An Najah National University - Educational Use Only


Location | Climate data
Location

Legend
Facility location

Climate data location

Unit Climate data location Facility location

Name Israel - Jerusalem Airport West Bank - East Jerusalem


Latitude N˚ 31.9 31.9
Longitude E˚ 35.2 35.2
Climate zone 4B - Mixed - Dry 4B - Mixed - Dry
Elevation m 759 768

Subscriber: An Najah National University - Educational Use Only


Climate data

Heating design temperature 2.0


Cooling design temperature 31.2
Earth temperature amplitude 23.1

Daily solar
Air Relative Atmospheric Earth Heating Cooling
Month temperature humidity
Precipitation - radiation
pressure
Wind speed
temperature degree-days degree-days
horizontal
C° % mm kWh/m²/d kPa m/s C° C-d° C-d°
January 7.7 %76.1 56.42 3.37 98.8 3.2 10.6 319 0
February 8.2 %73.4 49.28 4.20 98.6 3.5 11.6 274 0
March 10.4 %70.8 32.86 5.30 98.5 3.7 14.6 236 12
April 15.1 %58.6 11.70 6.81 98.3 3.4 19.0 87 153
May 19.1 %53.6 2.79 7.83 98.2 3.6 24.0 0 282
June 21.4 %56.0 0.30 8.57 98.0 4.2 27.9 0 342
July 23.1 %59.5 0.00 8.40 97.8 4.5 29.9 0 406
August 23.1 %64.4 0.62 7.85 97.8 4.1 30.1 0 406
September 21.8 %64.8 0.90 6.73 98.2 3.6 27.9 0 354
October 19.1 %63.5 11.16 5.28 98.4 2.8 24.0 0 282
November 14.1 %66.7 29.70 3.74 98.6 2.8 17.6 117 123
December 9.7 %73.5 45.26 3.05 98.8 2.7 12.5 257 0
Annual 16.1 %65.0 240.99 5.94 98.3 3.5 20.9 1,291 2,361

Subscriber: An Najah National University - Educational Use Only


Benchmark

Energy production cost - Central-grid - Range ($/kWh)

Benchmark: 0.27 $/kWh

Subscriber: An Najah National University - Educational Use Only


Power plant
Photovoltaic

Power system - Total


Capacity 57 kW
Electricity 95 MWh

Photovoltaic
Capacity 36 kW
Electricity 59.4 MWh

(1) Photovoltaic
Capacity 10.6 kW
Electricity 17 MWh

(2) Photovoltaic
Capacity 10.6 kW
Electricity 18.9 MWh

Subscriber: An Najah National University - Educational Use Only


Target
Summary

Electricity exported to Electricity export GHG emission


grid revenue reduction
MWh $ tCO₂
Proposed case 95.3 25,825 69.2

Subscriber: An Najah National University - Educational Use Only


GHG emission

GHG emission

GHG equivalence

tCO₂ is equivalent to 12.7 69.2


Cars & light trucks not used

GHG emission

Base case 74.4 tCO₂


Proposed case 5.2 tCO₂

Gross annual GHG emission reduction 69.2 tCO₂

Subscriber: An Najah National University - Educational Use Only


Financial viability
Financial parameters
Inflation rate % %2
Project life yr 25

Costs | Savings | Revenue

Initial costs
Feasibility study %3 $ 1,000
Development %4.5 $ 1,500
Engineering %6.1 $ 2,000
Power system %86.4 $ 28,512

Total initial costs %100 $ 33,012

Incentives and grants $ 12,000

Yearly cash flows - Year 1

Annual costs and debt payments


O&M $ 1,849
Debt payments $ 0

Total annual costs $ 1,849

Annual savings and revenue


Electricity export revenue $ 25,825
GHG reduction revenue - 20 yrs $ 4,071
Other revenue (cost) $ 0
CE production revenue $ 0

Total annual savings and revenue $ 29,896

Net yearly cash flow - Year 1 $ 28,047

Periodic costs (credits)


Periodic costs - 8 yrs $ 12,000
User-defined - 16 yrs $ 12,000

Subscriber: An Najah National University - Educational Use Only


Financial viability

Pre-tax IRR - assets % %138


Simple payback yr Immediate
Equity payback yr 0.73

Subscriber: An Najah National University - Educational Use Only


Cash flow

Annual

Cumulative

Subscriber: An Najah National University - Educational Use Only


Yearly cash flows

Year Pre-tax Cumulative


# $ $
0 21,012- 21,012-
1 28,608 7,596
2 29,181 36,777
3 29,764 66,541
4 30,359 96,901
5 30,967 127,867
6 31,586 159,453
7 32,218 191,671
8 18,802 210,473
9 33,519 243,993
10 34,190 278,182
11 34,873 313,056
12 35,571 348,627
13 36,282 384,909
14 37,008 421,917
15 37,748 459,665
16 5,556 465,222
17 39,273 504,495
18 40,059 544,553
19 40,860 585,413
20 41,677 627,090
21 36,340 663,431
22 37,067 700,498
23 37,808 738,306
24 19,263 757,569
25 39,336 796,905

Subscriber: An Najah National University - Educational Use Only


Risk

Impact

Distribution

Subscriber: An Najah National University - Educational Use Only


Perform analysis on Equity payback
Number of combinations 500
Random seed No

Parameter Unit Value (-/+) Range Minimum Maximum


Initial costs $ 33,012 %25 24,759 41,265
O&M $ 1,849 %25 1,387 2,311
Electricity exported to
MWh 95.30 %25 71.47 119.12
grid
Electricity export rate MWh/$ 271.00 %25 203.25 338.75
- Net GHG reduction
tCO₂ 1,357 %25 1,018 1,696
credit duration
GHG reduction credit
tCO₂/$ 60.00 %25 45.00 75.00
rate

Median yr 0.73
Level of risk % %10
Minimum within level of confidence yr 0.56
Maximum within level of confidence yr 0.95

Subscriber: An Najah National University - Educational Use Only


Analysis type

Project life

Subscriber: An Najah National University - Educational Use Only

You might also like