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ID: 091545

Economic evaluation of coalbed methane production in China / Luo, Dongkun; Dai, Youjin

Luo, Dongkun	Journal Article
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2009.

Summary/Abstract

Roaring natural gas demand, energy security and environment protection concerns coupled with stringent emission reduction requirement have made China's abundant coalbed methane (CBM) resource an increasingly valuable energy source. However, not all of China's CBM resource is economic to develop under current technological condition and economic situation. In order to locate the CBM resource with economic viability to develop in China, economic evaluation of CBM production is conducted by applying net present value (NPV) method. The results indicate that more than half of CBM resource in China is economic to develop. It shows that CBM price, production rate and operating costs are the three major factors with most impact on the economic viability of the CBM development in target areas in China. The result also demonstrates that the economic limit production is roughly 1200 cubic meters per day. These economic evaluation results provide important information for both CBM companies and China government.

Key Words

Energy Security ; China ; Energy Demand ; Economic Evaluation ; Coalbed Methane ; Natural Gas Demand ;
CBM Production ; NPV

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ID: 097594

Projected costs of a grid-connected domestic PV system under di / Ayompe, L M; Duffy, A; McCormack, S J; Conlon, M

Ayompe, L M	Journal Article
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Publication

2010.

Summary/Abstract

This paper presents results of a study of projected costs for a grid-connected PV system for domestic application in Ireland. The study is based on results from a 1.72 kWp PV system installed on a flat rooftop in Dublin, Ireland. During its first year of operation a total of 885.1 kWh/kWp of electricity was generated with a performance ratio of 81.5%. The scenarios employed in this study consider: a range of capital costs; cost dynamics based on a PV module learning rate of 20±5%; projections for global annual installed PV capacity under an advanced and moderate market growth conditions; domestic electricity cost growth of 4.5% based on historic data; and a reduction of 25% or 50% in the CO2 intensity of national electricity production by 2055. These scenarios are used to predict when system life cycle production costs fall to grid prices (grid parity). Average NPV and electricity generation costs ranged from -€14,330 and 0.58 €/kWh and were close to zero and 0.18 €/kWh for a system installed in 2009 and 2030, respectively. However, under optimistic conditions NPVs are positive for systems installed after 2021 and grid parity occurs in 2016. Findings are compared with similar international studies.

Key Words

NPV ; Grid Parity ; PV System ; Net Present Value

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