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COST FORECASTING FOR VARIOUSTECHNOLOGY POWER PLANT UPTO 2050-

NREL REPORTHTTP://BV.COM/DOC/REPORTS-STUDIES/NREL-COST-REPORT.PDF

Presented by

Rakesh kharra(63)

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NREL NRELNational Renewable Energy Laboratory is the U.S.

Department of Energy's primary national laboratory for renewableenergy and energy efficiency research and development.

NRELs emphasis is on a comprehensive energy approach that

encompasses the relationship among key systems:

Fuel production

Transportation

The built environment

Electricity generation and delivery.

NREL develops renewable energy and energyefficiency technologies and practices, advance relatedscience and engineering, and transfer knowledge and innovations

to address the nation's energy and environmental goals.

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INTRODUCTION

power generating technology cost and performance estimates that

are described in this report.

site specific items such as labor rates, indoor versus outdoor plant, water

supply, access roads, labor camps, permitting and licensing, or laydown areas

owner specific items such as sales taxes, financing costs, or legal costs.

It is not possible to reasonably forecast whetherfuture commodity prices will increase, decrease, or remain the same. Although thecosts in 2009 are much higher than earlier in the decade, for modelingpurposes, the costs presented here do not anticipate dramatic increases or decreases in basic commodity prices through 2050.

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COST CATEGORIES

paidup royalty allowance,

preproduction costs,

inventory capital and

land costs.

Spare parts and plant equipment

Utility interconnections

Project

Owners project management

Taxes/ins/advisory fees/legal

Financing

Plant startup/construction support

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CAPITAL COST BREAKDOWN FOR ANUCLEAR POWER PLANT-Conventional

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CAPITAL COST BREAKDOWN FOR APULVERIZED COAL FIRED POWER PLANT

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COST ESTIMATES AND PERFORMANCE DATAFOR RENEWABL EELECTRICITYTECHNOLOGIES

Biopower Technologies

Geothermal Energy Technologies

Hydropower Technologies

Ocean Energy Technologies

Solar Energy Technologies

Wind Energy Technologies

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CAPITAL COST BREAKDOWN FOR A TROUGHCONCENTRATING SOLAR POWER PLANT WITHSTORAG

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Capital cost breakdown for an onshore windpower plant

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Cost and Performance Projection for a

Compressed Air Energy Storage Plant (262 MW)

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PUMPED STORAGE HYDROPOWERTECHNOLOGY

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BATTERY ENERGY STORAGE TECHNOLOGY

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Capital Cost Breakdown for a

Battery Energy Storage Plant

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ASSUMPTIONS

1.

Unless otherwise noted in the text, costs are presented in 2009 doll

ars.

2.Unless otherwise noted in the text, the estimates were based on o

n

site construction in the Midwestern United States. 3.Plants were assumed to be constructed on greenfield sites. The

sites were assumed to be reasonably level and clear, with no hazar

dous materials, no standing timber, no wetlands, and no endangere

d species.

4.Budgetary quotations were not requested for this activity. Values fro

m the Black &Veatch

proprietary database of estimate templates were used.

5.The concept screening level cost estimates were developed base

d on experience and estimating factors. The estimates reflect an ov

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13.Water was assumed to be available at the plant fence with a pipelin

e connection.

14.The estimates included an administration/control building.

15.The estimates were based on 2009 costs; therefore, escalation wasnot included.

16.Direct estimated costs included the purchase of major equipment, b

alanceofplant (BOP) equipment and materials, erection labor, and

all contractor services forfurnish and erect subcontract items.

17.Spare parts for startup and commissioning were included in the ow

ners costs.

18.Construction personhours were based on a 50hour workweek usin

g merit/open shop craftspersons.

19.The composite crew labor rate was for the Midwestern states. Ratesincluded payroll and payroll taxes and benefits.

20.Project management, engineering, procurement, quality control, and

related services were included in the engineering services.

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