This study presents a Techno-economic assessment of a renewables based power generation project for PS 21, a Pumping Station for Kenya Pipeline Company located in Nairobi, Kenya. The load for the pumping station is 1135 kW Continuous. The assessment criteria used was levelized cost of energy. The hybrid renewable energy system software HOMER was used for assessment, and modeling was done using hourly TMY data for solar irradiance and wind.  According to the results, Hybrid Solar PV-Wind- Battery renewable energy systems can supply adequate power for pumping station purposes. Optimization modeling at 2010 prices gave a levelized cost of energy of $0.2 per kWh for the most optimal solution which consisted of 2 No. 1650 kW Vestas V 82 Wind Turbines and 4070 kW of PV modules. This cost of energy just matches the purchase price from the National grid which varies between $0.14 and $0.2 per kWh, and therefore, the project is economically feasible. Mainly due to concerns of global warming, the view in the Kenyan government and society towards renewable energy is very favorable and  the project is also politically and socially feasible.   Sensitivity analysis demonstrated that wind energy is more viable than solar PV energy in areas of high wind speeds, with about 7.5 m/s annual average wind speeds.   The results show that the levelised cost of energy may be significantly decreased in future due to the fact that the cost of PV modules is progressively reducing. Payments for CERs under CDM mechanism of the Kyoto Protocol would lower the levelised cost of energy further. The Project was found to be feasible. / <p>I was a distance student and did the presentation online via centra.</p>

Climate change and renewable energy technologies are internationally discussed topics. Recently the subject was discussed during the Paris climate conference, COP21. Which lead to the establishing of the first ever universal agreement, legally binding climate deal, which include 195 countries around the world. With the goal to decrease global warming by 1.5 degrees Celsius the need of new innovative technologies are increasing dramatically.   This thesis will examine the characteristics of renewable energy technology investment behavior by identifying drivers and forces for companies to invest in relatively new and less mature technologies, which are usually associated with high investment costs. Is it possible to financially justify investments in renewable energy technologies during the current market situation with historically low energy prices and with a production surplus? By examining the market and investments the aim is to identify and understand what drives companies to invest in renewable energy technologies and if it is profitable from a financial sustainable perspective.   The main results and derived conclusions are that RET investments behavior are influenced by several forces and drivers. The findings indicate that investments in RETs aren’t necessarily economical sustainable but rather that other objectives are of more importance than profitability in the short term.

A predominant amount of energy needed in the industrial sector is in the form of heat. A significant number of industries in the world still relies on fossil fuels for meeting their heat requirements. A transition to renewable energy for heating needs is at a snail's pace due to fossil fuel lock-in, cost superiority of conventional fuels, and less government support for renewable technology for thermal requirements. The dairy industry is one of the sectors that need heat energy for its production process. This study deals with a techno-economic analysis on the integration of parabolic trough collectors in the dairy industry. The thesis finds the barriers for solar-thermal collectors to evolve in the dairy sector and the viewpoint of the dairy industry towards the acceptance of solar thermal for meeting their thermal needs. From a literature review, it is observed that the need for dairy product will increase in the coming year. To meet the demand, the production process has to be increased. For sustainable production, companies have to rely on environment-friendly energy sources to meet the thermal demand. In the thesis work, it was also found that for several solar fractions, the LevelizedCost of Heat (LCoH) of solar-assisted heating system is less than the LCoH of the fossil-fueled conventional boiler. Therefore, it is economically viable to integrate solar thermal collectors in the dairy industry. The project also compares the LCoHof solar-assisted heating system when solar integration is done at a) feed water heating, b) direct steam generation, and c) process integration. The effect of integration point on the solar fraction, LCoH, and carbon mitigation potential is presented for a real case dairy unit in Dubai. The simulations are performed using a dynamic simulation tool. Results show that minimum LCoH and solar fraction are achieved for process integration. The process integration results in up to 90 % of the solar fraction. Through process integration, the LCoH of the conventional boiler can be reduced by 60%.

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Det finns en ökande efterfrågan på förnybar elproduktion och effektiva lösningar att kombinera med denna. Ett flertal tidigare arbeten har undersökt energilagringssystem (ESS) och dess lönsamhet i olika tillämpningar. Det råder en osäkerhet kring lönsamheten hos ESS för ökad självkonsumtion i Sverige. Detta arbete undersöker lönsamheten hos batterilagringssystem (BESS) som används i syftet att öka självkonsumtionen för aktörer med solceller i den svenska bostadssektorn. En modell konstruerades baserat på Levelized Cost of Storage (LCOS), och indata till modellen varierades för olika scenarier. Resultaten visade att BESS kostnader i dagsläget är för höga, med LCOS mellan 1,68 kr/kWh och 3,56 kr/kWh beroende på aktör och indata. För lönsamhet krävs reduktion av LCOS mellan 55% och 85%. Vidare undersöker arbetet vilka variabler som har störst påverkan på BESS lönsamhet. En känslighetsanalys genomfördes, där CAPEX, antalet battericykler per år, WACC och skattereduktioner vid elhandel identifierades som viktiga variabler. Arbetet visade att det antagligen krävs en kombination av högre elpriser och reducerade investeringskostnader för att motivera en investering i BESS. Utöver ökad självkonsumtion behövs ytterligare värden för att motivera en investering i BESS inom en snar framtid. / There is a growing demand for renewable power generation and efficient solutions to combine with renewables. Previous works have explored energy storage systems (ESS) and their profitability in various applications. There is an uncertainty about the profitability of ESS for increased self-consumption in Sweden. This thesis explores the profitability of battery energy storage systems (BESS) used for increased self-consumption for stakeholders with solar photovoltaics in the Swedish residential sector. A model based on levelized cost of storage (LCOS) was constructed, and varying input values were used for different scenarios. The results showed that the current cost of BESS is too high, with LCOS ranging between 1,68 SEK/kWh and 3,56 SEK/kWh depending on the stakeholder as well as input data. For profitability, a reduction of LCOS between 55% and 85% is needed. Furthermore, this thesis explores which variables have the greatest effect on a BESS’s profitability. A sensitivity analysis was conducted, where CAPEX, the number of battery cycles per year, WACC and tax reductions linked to electricity trading were identified as important variables. This thesis concluded that higher electricity prices in combination with reduced investment costs is needed to justify an investment in BESS. Besides increased self-consumption, other values are needed to justify an investment in a BESS in the near future.

The project has been about the exploration of using abandoned mines in the SE3 area in Sweden about the ability of using them as a lower reservoir in PHS application. The main purpose of this work was to investigate the profitability of different ESS and mainly focusing on PHS technology and focusing on an economical model called LCOE. LCOE measured cost during lifetime per energy during lifetime which is a good value to compare different ESS technologies. The comparison was between PHS, CAES, GES &amp; Lithium-ion battery. Furthermore, an investigation about selection of potential mines in SE3 area with profitable head was made as a part of the result. The methodology for this degree work was a current- and literature study, mostly the method focusing on found good information for our research question from a source-critical and scientific perspective. One of this degree works delamination was to look at mines for PHS down to 300 meters, a result of this according to the assumptions show that the maximum power output was 27 MW from Pershytte övre gruvfält with a head of 300 m. The lowest power outputs from this selection of mines were 5 MW in Grängesberg with a head of 55 m. Another part of the result was to show the potential energy in the upper reservoir with different potential volumes assumed that the volume flow is constant. The maximum useful energy value was 321 MWh, from 12 hours discharge time from a head of 300 meters, the minimum value was only 19,4 MWh, from 4 hours discharge time and a head of 55 meters. Different ESS have different lifetime, efficiency, generation time and capital cost. The result between PHS and CAES, which have the same cycles and generation time, show that the LCOE value is slightly more profitable for CAES. But the PHS technology have better efficiency than CAES which lead to better possibilities during operation linked to electricity price during discharge and recharge. In this work, every studied technology has their own graph for LCOE which is the price that the electricity should be sold for to break-even and get back the investment cost during the lifetime according to the definition of LCOE.

As intermittent renewable energy sources such as wind and solar power gradually increase around the world, older technologies such as nuclear power is phased out in Sweden and many other countries. It is then important to ensure that the total power need is secured, and that the power grid can remain stable. One way of managing intermittent renewables is by using energy storage. The main goal of this thesis was to compare energy storage methods and their costs. A secondary aim was to investigate how the cost of developing more renewable energy sources, in combination with different energy storage methods, compares to erecting new nuclear power. This thesis was limited to three energy storage technologies, namely pumped hydro storage (PHS), compressed air energy storage (CAES), and four battery storage technologies. They were combined with wind power in the cost analysis. The comparison was done by performing a literature review and economical calculations, which focused especially on levelized cost of storage (LCOS). The results from the economic calculations indicated that PHS and CAES had lower LCOS than battery storage technologies. Similar results could be seen in the literature review as well. When comparing levelized cost of energy (LCOE) nuclear power had the lowest, €0.03-0.12 kWh-1, followed by wind power in combination with PHS and CAES, both around €0.07-0.24 kWh-1. This result was maintained also at sensitivity analysis regarding the discount rate, which both nuclear power and PHS proved rather sensitive to. Keywords: energy storage, nuclear power, wind power, pumped hydro storage, compressed air energy storage, battery energy storage, levelized cost of energy, Sweden

Electricity availability and stability have a great contributory share of industrialization growth rate, poverty statistics, unemployment, foreign investors' participation, medium and small scale encouragement, crime and mortality rates recorded in any country. Nigeria as a country has been challenged with unstable and unreliable power supply. There are many problems associated with electricity production in Nigeria. Such problems are recorded in the generation, transmission and distribution facets of electricity production. With a multi-faceted problem, this document has been developed to deal with the economic aspect of power generation in Nigeria. Out of numerous technologies that are used in power generation, Nigerian predominantly sources its electricity supply from gas power plants and hydropower systems located within the country. Unfortunately, the Nigeria hydropower has been challenged with hydrological shortfalls. The gas power plant which is now conventional is being challenged with the developing gas technology around the globe. This development has adversely affected the cost of gas and subsequently the cost of power production using gas power plants. As a result of hydrological limitations on Nigerian hydropower dams, effect of gas price on cost of energy produced and diversifying gas technology, harnessing electric energy from Inga falls of River Congo was considered as an economic choice of power production in Nigeria. The choice of power production adopted in this document was made from an economic viability studies carried out between Nigerian gas power plants and hydropower production from the River Congo. The choice of technology employed for harnessing electric energy is largely dependent on the economic factors that go with the development. While some of these technologies go with large initial capital investment some are challenged with geometric increase of running cost. As applied in this work, the Net Present Value, Internal Rate of Return, Levelized Cost of Energy and Cash Flow Trend Analysis are suitable tools to determine choice of power plant. These tools were integrated and developed as an NILC model. In the analysis presented in this dissertation, the economic viability of the two power plants selected was determined with the use of the Net Present Value, Internal Rate of Return, Levelized Cost of Energy and Cash Flow Trend Analysis (NILC) model. The model was used to measure the economic viability quantities of the two power plants selected for economic comparison. After the completion of economic comparative analysis, hydropower production from the River Congo was concluded to be a better choice of power production compared to the conventional gas power plant option in Nigeria. / Thesis (M.Ing. (Development and Management Engineering))--North-West University, Potchefstroom Campus, 2009.

Electricity availability and stability have a great contributory share of industrialization growth rate, poverty statistics, unemployment, foreign investors' participation, medium and small scale encouragement, crime and mortality rates recorded in any country. Nigeria as a country has been challenged with unstable and unreliable power supply. There are many problems associated with electricity production in Nigeria. Such problems are recorded in the generation, transmission and distribution facets of electricity production. With a multi-faceted problem, this document has been developed to deal with the economic aspect of power generation in Nigeria. Out of numerous technologies that are used in power generation, Nigerian predominantly sources its electricity supply from gas power plants and hydropower systems located within the country. Unfortunately, the Nigeria hydropower has been challenged with hydrological shortfalls. The gas power plant which is now conventional is being challenged with the developing gas technology around the globe. This development has adversely affected the cost of gas and subsequently the cost of power production using gas power plants. As a result of hydrological limitations on Nigerian hydropower dams, effect of gas price on cost of energy produced and diversifying gas technology, harnessing electric energy from Inga falls of River Congo was considered as an economic choice of power production in Nigeria. The choice of power production adopted in this document was made from an economic viability studies carried out between Nigerian gas power plants and hydropower production from the River Congo. The choice of technology employed for harnessing electric energy is largely dependent on the economic factors that go with the development. While some of these technologies go with large initial capital investment some are challenged with geometric increase of running cost. As applied in this work, the Net Present Value, Internal Rate of Return, Levelized Cost of Energy and Cash Flow Trend Analysis are suitable tools to determine choice of power plant. These tools were integrated and developed as an NILC model. In the analysis presented in this dissertation, the economic viability of the two power plants selected was determined with the use of the Net Present Value, Internal Rate of Return, Levelized Cost of Energy and Cash Flow Trend Analysis (NILC) model. The model was used to measure the economic viability quantities of the two power plants selected for economic comparison. After the completion of economic comparative analysis, hydropower production from the River Congo was concluded to be a better choice of power production compared to the conventional gas power plant option in Nigeria. / Thesis (M.Ing. (Development and Management Engineering))--North-West University, Potchefstroom Campus, 2009.