Wind farm project economics - utility scale power production

1. 7/18/2014
WIND FARM PROJECT ECONOMICS - ANALYSIS OF UTILITY SCALE POWER PRODUCTION
CAPEX OPEX FUEL LEGAL & REGULATORY
NOTE:
1. Indicates the turbine manufacturing cost in case of manufacturer perspective, procurement cost for transformer.
2. Includes the overhaul cost of the equipment.
CAPEX: Capital Expenditure
O&M – Operation & Maintenance ; Other region dependent costs include pro-rata operator grid service & availability.
OPEX: Operational Expenditure Other electrical installations include ancillary parts for electrical equipment
TOTALOVERHEAD OTHERS
Turbine1 &
Transformer
+
Software
+
Foundation
+
Mast & Sensor
Equipment
# of O&M
personnel
X
# of man
hours/year/person
cost
+
O&M equipment
buy/rent/lease2
+
Z
E
R
O
Turbine spare
parts /component
exchange &
retrofit
+
Turbine
/Component
/mast
transportation,
logistics &
installation
Land verification,
registration & rent/lease
+
Local /regional regulatory
body approval
+
Electricity board
remuneration and/or
service, grid connection
+
Attorney’/lawyer/
chartered accountant
remuneration and/or
service charges
TOTAL CAPEX
TOTAL LEGAL &
REGULATORY
TOTAL
OVERHEAD
TOTAL OPEX TOTAL OTHERS
TOTAL EXPECTED
WIND FARM
PROJECT COST
Technical &
commercial due
diligence
+
Software
personnel training
& maintenance
+
Civil works &
electricity board
distribution
licensing
+
Bespoke services
for mast
/component
/measurement
maintenance
Type /Project
certification
+
Other electrical
installations
+
Other region
dependent cost
like labor wage
rate variation.
𝑇𝐶 𝑇𝑂𝑝 𝑇𝐿&𝑅 𝑇𝑂 𝑇𝑂𝑡ℎ
𝑇𝐶 + 𝑇𝑂𝑝 + 𝑇𝐿&𝑅 + 𝑇𝑂 + 𝑇𝑂𝑡ℎ
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