By José Mª Robles
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Additional resources for Simulation of Gas Power Plant
75 H. R. S. G. 2 TOTAL Cost (E) COST ($) 50000 – 60000 210000 2200000 – 506000 12500 460000 1000000 2800000 7838500 Now it's possible to obtain the values of direct costs, indirect costs and capital working. These results are shown in the next table, number X Table 17. Direct and indirect costs and working capital COSTES DIRECTOS ($) Intern Costs (onsite) Purchase equipment 8638500 Purchased installation 4060095 Instrumentation 1554930 Piping 5701410 Electrical installation 950235 Extern Costs (offsite) Buildings 1554930 Yards improvement 863850 Services facilities 6046950 Land 518310 TOTAL Direct Costs = 21250710 COSTES INDIRECTOS ($) Engineering (Eng) 33 % E Construction (Const) 41 % E Contractor’s fee 5 % (Direct + Eng + Const) Contingency 10 % (Direct + Eng + Const) WORKING CAPITAL ($) Working capital 15 % TCI - 42 - Simulation of a Gas Power Plant Finally, starting from the previous equations and of the extracted data of the previo us charts, you can calculate the final value of the investment of the Gas Power Plant.
39 - Simulation of a Gas Power Plant 6. 1 Introduction A capital investment is required for any industrial process, and determination of the necessary investment is an important part of a plant design project. The total investment for any process consists of fixed capital investment for physical equipment and facilities in the plant plus working capital which must be available to pay salaries, keep raw materials and products on hand, and handle other special items requiring a direct cash outlay.
2 Operation Costs The general equation for the calculation of the operation costs for a cogeneration plant is: CCG= Ea·ve’+ Qa·vq’ + ECG·(vcg+ vm ) Where Ea and Qa are respectively the electricity and the auxiliary heat that the plants needs and ve, vq are the prices for electric and thermal MW. The last term makes reference to the additional cost that supposes to work with a cogeneration plant. Assumptions • Complete combustion is supposed in the boiler • The purchase price and sale of the electricity is the same one (ve=ve ') • The prices have been extracted of the web except the cost added due to the cogeneration existence (vm) that has been obtained of the papers of Spanish subject.