Viable Renewable Energy Projects. Renewable Energy

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Viable Renewable Energy Projects SESCI 2003 Kingston, Ontario Presented by Gregory J. Leng CANMET Energy Technology Centre - Varennes Renewable Energy Heating & Cooling Technologies Ground Source Heat Pumps Passive Solar Heating Photo Credit: Waterloo Green Home Biomass Heating Photo Credit: Grove Wood Heat Solar Air Heating Photo Credit: Conserval Engineering Solar Water Heating Photo credit: TN Conseil

Renewable Energy Electricity Generating Technologies Photovoltaics Photo Credit: Vadim Belotserkovsky Small Hydro Photo Credit: SNC-Lavalin Wind Energy Photo Credit: Middelgrunden Wind Turbine Co-operative Other Commercial RE Technologies Biomass: heat and power Bio-gas: cooking, electricity, shaft power Geothermal: heat and power Landfill gas: heat and power Fuels: ethanol and bio-diesel Agriculture Waste Fuel Supply Photo Credit: David and Associates DOE/NREL Biomass Co-generation Photo Credit: Gretz, Warren DOE/NREL

Emerging RE Technologies Solar-thermal power Ocean-thermal power Tidal power Photo Credit: Gretz, Warren DOE/NREL Parabolic-Trough Solar Power Plant Ocean current power Wave power etc. Central Receiver Solar Power Plant Photo Credit: Sandia National Laboratories DOE/NREL Project Viability Depends on Several Factors RE resource at project site (e.g. solar radiation) Fort Smith Solarwall Equipment performance (e.g. solar absorptivity) Initial project costs (e.g. solar collectors) Base case credits (e.g. conventional cladding) Annual & periodic costs (e.g. vandalism) (Solarwall Example)

Project Viability Depends on Several Factors - cont. Base case system energy cost (e.g. retail price of heating oil) Financing (e.g. debt ratio & length, interest rate) Taxes on equipment & income (or savings) Environmental characteristics of energy displaced (e.g. oil, natural gas, grid electricity) Environmental credits and/or subsidies (e.g. GHG credits, deployment incentives Ouch! ) Decision-maker s definition of cost-effective (e.g. payback period, ROI, NPV, RE production costs) Market Acceptance vs. Simple Payback Market Acceptance Curves 100 Market Acceptance vs. Simple Payback Residential Commercial/Industrial Other 80 Market Acceptance (%) 60 40 20 0 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Simple Payback (yr) Market Acceptance vs. Simple Payback Data Table Market Payback yr 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Residential % 100 95 65 40 25 10 10 5 2 1 0.5 0 0 0 0 0 Commercial/Industrial % 100 71 45 26 12 4 2 1 0 0 0 0 0 0 0 0 Government % 100 90 55 35 20 15 15 9 8 7 6 5 4 3 2 1 Version 2001 Minister of Natural Resources Canada 2001. NRCan/CEDRL

RETScreen International Renewable Energy Project Analysis Software Model flow chart Simplifies pre-feasibility studies Only 12 points of data for RETScreen vs. 8,760 for hourly simulation models Costs 1/10th the amount of other evaluation methods Standardized procedures allow objective comparisons Increases potential for successful RE project implementation Growth of RETScreen Software User Base As of April 30th, 2003 30,000 30,253+ RETScreen users worldwide 30,000 27,000 200 new users per week 27,000 24,000 In 196 Countries 24,000 21,000 ROW USA 21,000 Number of Users 18,000 15,000 Canada 18,000 15,000 12,000 12,000 9,000 9,000 6,000 6,000 3,000 3,000 0 May-98 Months April-2003 0

With REDI, FBI, ANCCP & CIDA 26 21 86 194 25 57 381 342 (Participants) 33 35 Profile of Participants: Product Supplier 8% Education Institution or R+D Centre 10% Professional Services 38% Association/NGO 4% Project Developer/Owner 12% Individuals or Other 12% Financial Institution, Government or Multilaterals 16% Total 100% New focus of training activities: Training-of of-trainers and Distance Learning for rapid expansion of capacity building efforts. Trainers (76) Partners (9)

Under Development: RETScreen Version 3.0 External Funding Partners: Prototype Carbon Fund (PCF) at The World Bank The United Nations Environment Programme (UNEP) New Developments & Main Upgrades: Combined Heat & Power (CHP) Model Metric/imperial unit switch Sensitivity and Risk Analysis worksheet Updated GHG model to account for emerging rules under the Kyoto Protocol University-level training course, e-textbook, e case studies e-marketplace and e-learning e modules New or improved weather/resource databases with NASA, IEA Small Hydro & UNEP- GEF Solar Wind Energy Resource Assessment (SWERA) and updated product database Conclusions Cost-effective opportunities exist Parks Canada PV-Wind Hybrid System (Arctic at 81 N) Project viability depends on a number of factors RETScreen is an annual analysis with monthly resource calculation that can achieve accuracy comparable to hourly simulation models RETScreen makes it much easier to consider RETs at critically important initial planning stage Photo Credit: Ross, Michael 600 kw Wind Turbine installation Photo Credit: Nordex Gmbh PV Phone Photo Credit: Price, Chuck

Free-of of-charge at: www.retscreen.netw.retscreen.net Questions?