Razvoj održivog tržišta bioenergije u Srbiji“ · WOOD CHIPS • Size. 3.15-45 mm 80% , < 1 mm...

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„ Razvoj održivog tržišta bioenergije u Srbiji“ GIZ-DKTI Uštede na troškovima za energiju ostvarive prelaskom na drvnu biomasu - Termal Vrdnik

Transcript of Razvoj održivog tržišta bioenergije u Srbiji“ · WOOD CHIPS • Size. 3.15-45 mm 80% , < 1 mm...

Page 1: Razvoj održivog tržišta bioenergije u Srbiji“ · WOOD CHIPS • Size. 3.15-45 mm 80% , < 1 mm max 5% , > 63 mm 1% • Water content

„ Razvoj održivog tržišta bioenergije u Srbiji“

GIZ-DKTI

Uštede na troškovima za energiju ostvarive prelaskom na drvnu biomasu - Termal Vrdnik

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Eff. firewood use in HH

Policy advice Project development

District heating

KfW: - Advise to

investments in district heating companies.

GIZ: - Support to the

creation of a sustainable supply with bio-resources

Structure of the programme:

GIZ: - Support to

harmonization of laws and regulations to EU standards

- Support to policydefinition and strategy implementation

GIZ:- Support to a

promotion of efficient stoves and ovens / firewood drying

- Advise to implement efficiency- and emission standards

GIZ:- Advise to the

implementationof cost efficient and innovative bioenergy projects

- Technology and knowlege transfer

Cross-cutting theme: Sustainability� � � �

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Little experience in private sector with modern bioenergy technologies / bioenergy project development

Approach- Enable concrete bioenergy projects in agriculture and industry to use bioenergy- Promotion of international exchange of technology and knowledge

Instruments- Advice to bioenergy project design (e.g. feasibility studies) for best practice

multiplication- Trainings to project managers (e.g. process of permits)- Technical conferences and events for networking

Partners- Private sector industry and agriculture- Public utility companies, ESCO companies, technology providers

Example for implementation- Serbian-German technology partnership; University exchange program

Field of Action 4: Project development

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In the private sector, we support the implementation of innovative self-sufficient bioenergy projects using wood material, organic waste and agro-biomass to substitute fossil fuels for heat, steam and electricity generation integrating private and public stakeholders for long-term international technology partnerships.

Three main working areas:

Biogas production - for company’s own process heat consumption or CHP electricity generation with organic

waste or organic waste water (manure, whey etc.) in cooperation with agro-industry

Straw-combustion - projects for process heat /steam generation

Wood materials (Pellets, Briquettes, Woodchips) - heat generation of for public and private buildings (Hotels, Schools, Hospitals or Investors/Contractors)

Project Development: Working Areas

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� Identification of projects and potential investors for bioenergy heating systems in public buildings, biogas facilities, facilities for generation of industrial process heat

� Consultancy for plant design and project concepts

� Elaboration of bankable (pre-) feasibility studies

� Support/Intermediation of financial opportunities and investment subsidies

� Business Match-Making and election of national and international technology providers

� Logistical concepts for agro-biomass

� Technical support for permit application and support to increase the efficiency of processes related to permits and licensing agreements for bioenergy projects

� Best-Practice-Multiplication: Publishing success stories, Manuals, Support of research work in cooperation with Universities, Capacity-Building

� Dialogue-platform for Serbian and International companies and institutional stakeholders to exchange project ideas, information and experiences

Project Development: Main Activities

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- Velike uštede u troškovima grejanja

- Zamena starih kotlova je neophodna (obezbeđivanje sigurnosti snabdevanja)

- Redukcija dima i štetnih emisija (prijatniji miris i veća vidljivost)

- Jačanje lokalne i regionalne ekonomije (razvoj lanca snabdevanja biomasom)

- Značka zelenog turizma � Marketing benefiti

Prelazak sa fosilnih goriva na biomasu: Podsticaji

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PROJEKAT: KONCEPT PRELASKA NA GREJANJE NA

DRVNU BIOMASU ZA SPECIJAL NU BOLNICU“TERMAL” VRDNIK

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CURRENT SITUATION

BOILERS

• 2 x Diesel fired boilers Vitoplex 100 Q= 1,4 MW η = 0.94

• 1 working ; 1 reserve

• Regulation ON-OFF two step

• 16 h heating concept

• 120 m distance from boiler roomto heated buildings

• Sanitary water is heated by heat pump and it is not connected on boiler system

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CURRENT SITUATION

HEATING SYSTEM

• 11.117 m2 heated area

• Radiator heating system

• Installed regulation is in secondary stations in heated buildings by motorized 4 way valves, but it is out of function

• Current regulation is manualin boiler room by reducing water flow towards the heated buildings with constant forwarding temperature

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CURRENT SITUATION

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CURRENT SITUATION

• ENERGY COSTS

• Average consumption of diesel fuel is V=120.000 lit/ year

• Average consumption of heating energy

Q = V*Hd*η = (870*120.000/1.000) *(41.843/3.600) *0.94/1.000 = 1.140 MWh

• Average costs for diesel fuel 120.000 x 1.3 = 156 .000 € / year

• Average costs for diesel fuel 156.000 / 1140 = 136 .84 € / MWh

0

20000

40000

60000

80000

100000

120000

10 11 12 1 2 3 4 5

UK

UP

NO

2013-2014

lit diesel

0

20000

40000

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80000

100000

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10 11 12 1 2 3 4 5

UK

UP

NO

2012-2013

lit diesel

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CURRENT SITUATION

PROBLEMS

• Extremely high energy costs for heating

• High emission of CO2 gases to atmosphere

• Due to high water temperature in connecting pie line and its length and condition of insulation there is significant heat loss.

• Manual regulation with lack of possibilities to react on proper way to outside temperature changes .

• Imported fuel with price highly depended on political situation in wop

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FUEL SWITCH

FUEL SELECTION

From overview prices for heat we see that cheapest fuels are straw in bales ,brown coal and wood chips

straw in bales High costs for transportLarge fuel storage with high fire risksCO2 neutral

brown coal High CO2 emission High air pollutionExpensive automatic feeding High quantity of ash < problems with deposing the ash

wood chipsNone expensive storageTransport costs depends on distanceand can be lowEasy automatic feedingHigh efficiency ( total burning )Small quantity of ash Non toxic ash useable for agricultureCO2 neutral

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FUEL SWITCH

FUEL RECOMMENDATION

WOOD CHIPS

• Size. 3.15-45 mm 80% , < 1 mm max 5% , > 63 mm 1%

• Water content <30% max 45 %

• Hd ≥ 2.8 kWh/ kg or Hd ≥ 733kWh/ / m3 depending on water content and type of wood

• Ash max 0.7 %

When making contract with supplier it is crucial to define all characteristics of wood chips and way to control delivered quantities.

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NEW CONCEPT

BOILER CAPACITY

• fuel consumption in January 2013 of 24700 lit / month

• Heating energy consumption Q = V*Hd*η = (870*24700/1000) *(41843/3600) *0.94/1000 = 235 MWh

• average outside temperature for that month of 0.3 °C

• Minimum outside temperature for sizing heating capacity -18 °C

• Room temperature 20 °C

• Heating consumption for sizing temperature

• Qb = Q*(∆ t 2 / ∆ t 1) /(30*16)

• ∆ t 1 = 20 °C -0.3 °C = 19.7 °C

• ∆ t 2= 20 °C -( -18 °C)= 38 °C

• Qb = 235000*( 38/19.7 ) /( 30*16 ) = 944 kW

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NEW CONCEPT

STORAGE CAPACITY

• Heating energy consumption in January 2013 Q = 235 MWh

• Needed fuel stock in storage 14 days

• Heating energy consumption for 14 days Q14= ( Q/η )*(14/31) = 235/0.9*14/31= 118 MWh

• Requested quantity of wood chips V = Q14 /Hd = 118000kWh/733 kWh/m3

V= 160 m3

• Maximum height of stock H= 3 m

Needed area P = V/H = 160/3 = 53.3 m2

Selected area L 9.25 m W 6.25 m P= 57.8 m2

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NEW CONCEPT

COMBUSTION

Combustion type - pyrolitic

• Step one – drying the wood on temperature ~ 150 °C

• Step two –pyrolisis , extraction of light volatiles and their combustion in primary air on temperature ~ 400-500 °C creation of wooden coal

• Step three total combustion , extraction of heavy volatiles and degradation of wooden coil and their combustion in secondary air on temperature > 800 °C

• Temperature of 900 °C is enough to complete total combustion

BOILER SELECTION

Selected boiler capacity is 950 kW (e.g. Viessmann Pyrotec 100 )

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NEW CONCEPT - BOILER

1 Feed screw conveyor with barrier

layer

2 Combustion retort with internal

grate and primary air 1

3 External grate with primary air 2

4 Moving in feed grate

5 Secondary air

6 Ignition fan

7 Ash removal

8 High temperature zone for

burnout

9 Combustion chamber door

10 Three-pass boiler

11 Safety heat exchanger

12 Pneumatic pipe cleaning

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NEW CONCEPT-BOILER

PNEUMATIC PIPE CLEANING AND BACK FIRE PROTECTION

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NEW CONCEPT WOOD CHIP FEEDER

PUSH FLOOR

Page 21: Razvoj održivog tržišta bioenergije u Srbiji“ · WOOD CHIPS • Size. 3.15-45 mm 80% , < 1 mm max 5% , > 63 mm 1% • Water content

NEW CONCEPT-SYSTEM

EQUIPMENT LAYOUT

Page 22: Razvoj održivog tržišta bioenergije u Srbiji“ · WOOD CHIPS • Size. 3.15-45 mm 80% , < 1 mm max 5% , > 63 mm 1% • Water content

NEW CONCEPT-SYSTEM

EQUIPMENT LAYOUT

Page 23: Razvoj održivog tržišta bioenergije u Srbiji“ · WOOD CHIPS • Size. 3.15-45 mm 80% , < 1 mm max 5% , > 63 mm 1% • Water content

NEW CONCEPT-SYSTEM

Page 24: Razvoj održivog tržišta bioenergije u Srbiji“ · WOOD CHIPS • Size. 3.15-45 mm 80% , < 1 mm max 5% , > 63 mm 1% • Water content

NEW CONCEPT-SYSTEM

NEW SYSTEM

• 15000 liters accumulation tank ( buffer ) is added to upgrade system inertia

• Tank is heated either by new Pyrotec or old Vitoplex boiler or with both together. This regulation is possible by Pyrocontrol controller from new boiler. It measure temperature in tank in 5 different zones and regarding to them regulates the load of boiler.

• Temperature of warm water in tank is kept constant on 85-90 °C

• Circulation pumps from boiler room to heated buildings remains the same. Now they pump return cold water to bottom of the tank or to three way mixing valve.

• Regulation of partial load is done by motorized three way mixing valve . It regulates temperature of warm water which is going to heated areas according to outside temperature . This solution minimizes heat loss in connecting pie line and makes room temperatures stabile.

• Current diktir system for keeping constant pressure in system has enough capacity for new system. The water preparation system has also enough capacity for new system.

Page 25: Razvoj održivog tržišta bioenergije u Srbiji“ · WOOD CHIPS • Size. 3.15-45 mm 80% , < 1 mm max 5% , > 63 mm 1% • Water content

NEW CONCEPT-SYSTEM

STEP BY STEP IMPLEMENTATION

System needs to be stopped for only few hours for connecting the T piece and stop valve on forwarding line of current circulation pumps . After that only by closing adequately stop valves we can choose which boiler will be in use.

INVESTMENT COSTS

• 1 BUILDING -BOILER ROOM AND STORAGE 81.663,41

• 2. FIRE PROTECTION 1.454,95

• 3. CHIMNEY 7.102,00

• 4. BOILER WITH EQUIPMENT 246.737,60

• 5.HEATING SYSTEM 37.067,00

• 6. ELECTRIC WORKS 6.065,95

• 7. TRANSPORTATION AND CRANE COTS 5.000,00

• SUMMARY : 385.090,91 EUR

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Predlog projekta Termal Vrdnik –Instalacija kotlova na drvnu sečku za zamenu kotlova na dizel

Current fuel prices for heating in Serbia incl. VAT : Sou rce: GIZ research and calculation (prices will differ de pending on region and quality)

Cene za drvnu se čku se razlikuju od 45€/t do 65 €/t u zavisnosti od k valiteta, udaljenosti i veštine istraživanja i pregovaranja

FUELS

Agro-Biomass Briquetts 4 kWh/kg 0.18 €/kg 45 €/MWh 60 €/MWh

Brown coal 4.5 kWh/kg 100 €/t 22 €/MWh 30 €/MWh

Electricity 1 kWh/kWh 60 €/MWhel 60 €/MWh 71 €/MWh

NAFTA/Diesel 11.93 kWh/kg 1.087 €/l 101 €/MWh 119 €/MWh

LPG 12.87 kWh/kg 0.957 €/kg 74 €/MWh 83 €/MWh

Mazut 11.21 kWh/kg 500 €/t 45 €/MWh 56 €/MWh

Natural gas 10 kWh/m³ 0.41 €/m³ 41 €/MWh 43 €/MWh

Wood Pellets 4.7 kWh/kg 200 €/t 43 €/MWh 47 €/MWh

Woodchips (Humidity 35 %) 3.1 kWh/Kg 50 €/t 16 €/MWh 19 €/MWh

Straw in Bales 3.9 kWh/kg 45 €/t 12 €/MWh 14 €/MWh

Saw Mill 4.2 kWh/kg 120 €/t 29 €/MWh 34 €/MWh

80%

85%

Heatvalues Price per Unit Calorific Price

85%

90%

80%

95%

90%

Efficiency Heat Price

75%

75%

85%

85%

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Average Investment Costs- Individual design

Source: Leitfaden Feste Biobrennstoffe 2014, FNR

Specific Investment Costs for fully automated biomass boi lers

Upper value:� Lower capacity� Agro biomass fuel� Steam boiler

Lower value:� Higher capacity� Pellets� Hot Water Boiler

€/kW

Heat Capacityin kW

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Estimated Investment Costs for proposed project

Source: Own Calculations GIZ, 2014

� 446 €/kW all incl., 405 € /kW Equipment andComponents � real conservative assumptions

� Check real investmentcosts with turnkey-offer

Source: Viessmann 2014

Description ITEM Quantity Cost per Unit Total Cost Life-Time Depreciation

1 Ground preparation 1.00 5,000.00 5,000.00€ 20.00 250.00€

2 20.00 -€

3 -€ 20.00 -€

Planning and Engineering 5,000.00€

1 Project Design 3% 390,090.91 9,752.27€ 20.00 487.61€

2 Logistical concept and legal framework 1.00 5,000.00 5,000.00€ 20.00 250.00€

3 Miscellanous 5% 390,090.91 19,504.55€ 20.00 975.23€

4 -€ 20.00 -€

Equipment and Components 34,256.82€

1 Hacking Maschine 1 0.00 -€ 10.00 -€

2 Briquett maschine 1 0.00 -€ 10.00 -€

3 Boiler 1 246,737.60 246,737.60€ 10.00 24,673.76€

4 Heating Grid Adaptation 1 37,067.00 37,067.00€ 10.00 3,706.70€

5 System for Measurement and Automatization 1 6,065.95 6,065.95€ 10.00 606.60€

6 Chimney 1 7,102.00 7,102.00€ 10.00 710.20€

7 Feeding System and Storrage Building 1 81,663.41 81,663.41€ 15.00 5,444.23€

8 Transportation and Crane 1 5,000.00 5,000.00€ 10.00 500.00€

9 Fire Protection 1 1,454.95 1,454.95€ 10.00 145.50€

10 -€ 10.00 -€

-€ 10.00 -€

Other 385,090.91€

1 -€ 10.00 -€

2 -€ 10.00 -€

424,347.73€ 37,749.82€

Civil Works

TOTAL INVESTMENT EUR

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Ekonomske predpostavke Termal Vrdnik� Dohodak = direktna ušteda od substitucije dizela cene 0,094 €/kWh

toplotne energije (125 din/l bez PDV-a)� Troškovi održavanja: 2,5 % godišnje od ukupne investicije� Električna energija: 5 kWel, 2,500 sati rada, 0,05 €/kWhel� Majstori: 180 days x 2h x 10 EUR/h = 3,600 EUR/year� Uklanjanje pepela: 2% od inputa biomase, 9,49 t/a, 10 €/t� Administrativni troškovi : 1% od dohodka, telekomunikacije: 500 €/a� Osiguranje: 0,25% od ukupne investicije � Honorari: 500 €/a � Ostali troškovi: 2 % od dohodka� Godišnje povećanje troškova proizvodnje: 2% � Cena drvne sečke: 50 €/t franko kotlarnica, kalorična vrednost: 3.1

kWh/kg, Efikasnost kotla: 85 %

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Cash Flow Termal Vrdnik sa eksternim finansiranjem

Source: Own Calculations GIZ, 2014

Assumed Loan Conditions:

� Equity 30%� Loan 70%� Interest rate 8.5 % p.a., 10 years

INDICADORS 10 years 15 years

NPV 85,269.68€ 234,842.61€

IRR 21.09% 26.62%

Concept0 1 2 3 4 5 6 7 8 9 10 Total 15 years

Direct Substitution of fuel 93,913.04 119,739.13 122,133.91 124,576.59 127,068.12 129,609.49 132,201.68 134,845.71 137,542.62 140,293.48 2,006,618.51

Thermal Energy 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Reduction of CO²-Emission 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

TOTAL INCOMES 93,913.04 119,739.13 122,133.91 124,576.59 127,068.12 129,609.49 132,201.68 134,845.71 137,542.62 140,293.48 2,006,618.51

Raw Material 18,989.97 24,212.21 24,696.45 25,190.38 25,694.19 26,208.07 26,732.23 27,266.88 27,812.21 28,368.46 405,754.25

Maintenance 8,291.91 10,572.18 10,783.63 10,999.30 11,219.29 11,443.67 11,672.55 11,906.00 12,144.12 12,387.00 177,171.32

Electricity Consumption 500.00 637.50 650.25 663.26 676.52 690.05 703.85 717.93 732.29 746.93 10,683.39

Operation Staff 2,880.00 3,672.00 3,745.44 3,820.35 3,896.76 3,974.69 4,054.18 4,135.27 4,217.97 4,302.33 61,536.30

Telekommunication 500.00 510.00 520.20 530.60 541.22 552.04 563.08 574.34 585.83 597.55 8,646.71

Ash 94.95 96.85 98.79 100.76 102.78 104.83 106.93 109.07 111.25 113.47 1,642.01

Fees and dues 500.00 510.00 520.20 530.60 541.22 552.04 563.08 574.34 585.83 597.55 8,646.71

Administration and Overhead 939.13 1,197.39 1,221.34 1,245.77 1,270.68 1,296.09 1,322.02 1,348.46 1,375.43 1,402.93 20,066.19

Insurance 1,036.49 1,036.49 1,036.49 1,036.49 1,036.49 1,036.49 1,036.49 1,036.49 1,036.49 1,036.49 15,547.33

Miscelleanous 1,878.26 2,394.78 2,442.68 2,491.53 2,541.36 2,592.19 2,644.03 2,696.91 2,750.85 2,805.87 40,132.37

TOTAL OPERATION COSTS 35,610.70 44,839.40 45,715.46 46,609.04 47,520.49 48,450.17 49,398.44 50,365.68 51,352.27 52,358.58 749,826.57

EBITDA 58,302.34 74,899.73 76,418.45 77,967.55 79,547.63 81,159.31 82,803.23 84,480.03 86,190.36 87,934.89 1,256,791.93

Interest costs 24,668.43 23,005.59 21,201.40 19,243.86 17,119.93 14,815.47 12,315.13 9,602.25 6,658.79 3,465.12 152,095.97

EBTDA 33,633.91 51,894.14 55,217.05 58,723.69 62,427.70 66,343.85 70,488.11 74,877.77 79,531.57 84,469.77 1,104,695.96

Taxes 0 0 0 0 0 0 0 0 0 0 0.00

NET SURPLUS 33,633.91 51,894.14 55,217.05 58,723.69 62,427.70 66,343.85 70,488.11 74,877.77 79,531.57 84,469.77 1,104,695.96

Investment Costs -414,595.46 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Working Capital 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Debt Financing 290,216.82 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Repayment 19,562.85 21,225.69 23,029.88 24,987.42 27,111.35 29,415.81 31,916.15 34,629.03 37,572.49 40,766.16 290,216.82

Declinig Balance 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00

Cash Flow -124,378.64 14,071.06 30,668.45 32,187.17 33,736.27 35,316.35 36,928.04 38,571.95 40,248.75 41,959.08 43,703.61 690,100.50

DEPRECIATION 37,262.20 37,262.20 37,262.20 37,262.20 37,262.20 37,262.20 37,262.20 37,262.20 37,262.20 37,262.20 558,933.07

SURPLUS -3,628.30 14,631.94 17,954.84 21,461.48 25,165.49 29,081.64 33,225.90 37,615.57 42,269.37 47,207.56 545,762.89

Year

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Cash Flow Termal Vrdnik kredit na 2 godine

Source: Own Calculations GIZ, 2014

Assumed Loan Conditions:

� Equity 66% (Capital Investment Fund of AP Vojvodina)

� Loan 33% (Viessmann)� Interest rate 5 % p.a., 2 years

INDICADORS 10 years 15 years

NPV 167,185.21€ 402,354.03€

IRR 13.24% 17.54%

Concept0 1 2 3 4 5 6 7 8 9 10 Total 15 years

Direct Substitution of fuel 93,913.04 119,739.13 122,133.91 124,576.59 127,068.12 129,609.49 132,201.68 134,845.71 137,542.62 140,293.48 2,006,618.51

Thermal Energy 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Reduction of CO²-Emission 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

TOTAL INCOMES 93,913.04 119,739.13 122,133.91 124,576.59 127,068.12 129,609.49 132,201.68 134,845.71 137,542.62 140,293.48 2,006,618.51

Raw Material 18,989.97 24,212.21 24,696.45 25,190.38 25,694.19 26,208.07 26,732.23 27,266.88 27,812.21 28,368.46 405,754.25

Maintenance 8,486.95 10,820.87 11,037.28 11,258.03 11,483.19 11,712.85 11,947.11 12,186.05 12,429.77 12,678.37 181,338.82

Electricity Consumption 500.00 637.50 650.25 663.26 676.52 690.05 703.85 717.93 732.29 746.93 10,683.39

Operation Staff 2,880.00 3,672.00 3,745.44 3,820.35 3,896.76 3,974.69 4,054.18 4,135.27 4,217.97 4,302.33 61,536.30

Telekommunication 500.00 510.00 520.20 530.60 541.22 552.04 563.08 574.34 585.83 597.55 8,646.71

Ash 94.95 96.85 98.79 100.76 102.78 104.83 106.93 109.07 111.25 113.47 1,642.01

Fees and dues 500.00 510.00 520.20 530.60 541.22 552.04 563.08 574.34 585.83 597.55 8,646.71

Administration and Overhead 939.13 1,197.39 1,221.34 1,245.77 1,270.68 1,296.09 1,322.02 1,348.46 1,375.43 1,402.93 20,066.19

Insurance 1,060.87 1,060.87 1,060.87 1,060.87 1,060.87 1,060.87 1,060.87 1,060.87 1,060.87 1,060.87 15,913.04

Miscelleanous 1,878.26 2,394.78 2,442.68 2,491.53 2,541.36 2,592.19 2,644.03 2,696.91 2,750.85 2,805.87 40,132.37

TOTAL OPERATION COSTS 35,830.13 45,112.47 45,993.50 46,892.15 47,808.78 48,743.73 49,697.39 50,670.12 51,662.31 52,674.34 754,359.78

EBITDA 58,082.91 74,626.66 76,140.42 77,684.44 79,259.35 80,865.75 82,504.28 84,175.59 85,880.32 87,619.14 1,252,258.73

Interest costs 7,213.91 3,694.93 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10,908.84

EBTDA 50,869.00 70,931.73 76,140.42 77,684.44 79,259.35 80,865.75 82,504.28 84,175.59 85,880.32 87,619.14 1,241,349.89

Taxes 0 0 0 0 0 0 0 0 0 0 0.00

NET SURPLUS 50,869.00 70,931.73 76,140.42 77,684.44 79,259.35 80,865.75 82,504.28 84,175.59 85,880.32 87,619.14 1,241,349.89

Investment Costs -424,347.73 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Working Capital 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Debt Financing 144,278.23 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Repayment 70,379.62 73,898.60 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 144,278.23

Declinig Balance 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00

Cash Flow -280,069.50 -19,510.62 -2,966.87 76,140.42 77,684.44 79,259.35 80,865.75 82,504.28 84,175.59 85,880.32 87,619.14 817,002.16

DEPRECIATION 37,749.82 37,749.82 37,749.82 37,749.82 37,749.82 37,749.82 37,749.82 37,749.82 37,749.82 37,749.82 566,247.27

SURPLUS 13,119.18 33,181.92 38,390.60 39,934.62 41,509.53 43,115.93 44,754.47 46,425.77 48,130.50 49,869.32 675,102.62

Year

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Razlozi za implementaciju

� Dodatni cash-flow od preko €817,000 tokom 15 godina

� Povraćaj equity investment u manje od 5 godine

� Ekonomske predpostavke u analizi su veoma konzervativne (uzeti u obzir samo sadašnji troškovi za gorivo)

� Redukcija štetnih emisija u atmosferu od fosilnog goriva (npr. preko 300 t/a redukcije CO2 emisija)

� Uvećan prihod lokalne ekonomije i mogućnosti za zapošljavanje kroz snabdevanje drvetom

� Zeleni i odgovorni imidž � Marketing zelenog turizma

� Povećana bezbednost sadašnjeg sistema

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Sledeći koraci:

� Provera dostupnosti i kvaliteta biomase (Nacionalni Park FruskaGora) (-> podrška GIZ DKTI)

� Traženje mogu ćnosti za interno finansiranje ili za odgovaraju ćegESCO-Partnera for JPP

� GIZ DKTI će podržati i propratiti implementaciju i pružiti podršku u uspostavljanju lanca snabdevanja

Source: Fug-Verlag, © Hargassner

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Deutsche Gesellschaft fürInternationale Zusammenarbeit (GIZ) GmbH

Development of a Sustainable Bioenergy Market in Serbia

Bože Jankovića 3911000 BelgradeSerbia

T +381 11 3912 507E [email protected]

Thank you for your attention