COGENERATION POWER PLANT

Region of Vojvodina, Republic of Serbia

1

3

5

2

4

LOCATION ADVANTAGES

Serbia

Vojvodina

BIOMASS ENERGY POTENTIAL

Density of available energy potential of crop residues Highest density of crops production

> 60,000 t/year

45,000 - 60,000 t/year

30,000 - 45,000 t/year

15,000 - 30,000 t/year

< 15,000 t/year

BIOMASS ENERGY POTENTIAL

CHOOSING THE RIGHT LOCATION: Collection (30 – 100 km radius) 5 ha plots for presses for large bales transportation

> 50 %

40-49 %

30-39 %

< 29 %

50km

100km

150km

Share of over 5 ha plots suitable for the collection of the remains of biomass for the large bale presses

PRIVILEGED ENERGY PRODUCER

During the first year the subsidized price is determined according to Decree on Incentive Measures for Privileged Energy Producers (RS Official Gazette no. 8/2013):

FEED-IN TARIF FOR ELECTRICITY PRODUCTION FROM BIOMASS POWER PLANTS

POWER PLANT TYPE INSTALED POWER (MW) PRICE (c€/1 kWh)

BIOMASS

Up to 1 13.26

From 1 to 10 13.82 – 0.56*P

Above 10 8.22

LEGISLATIVE FRAMEWORK

RELEVANT LAWS & REGULATIONS

Energy Law (RS Official Gazette no. 145/2014) Energy Efficiency Law (RS Official Gazette no. 25/2013) Corporate Profit Law (RS Official Gazette no. 142/14) Construction Law (RS Official Gazette no. 145/2014)

Decree on conditions and procedures for acquiring the status of privileged power producer (RS Official Gazette no. 70/2014)

Decree on Incentive Measures for Privileged Energy Producers (RS Official Gazette no. 8/2013)

Power distribution system operation regulations Electric Power Distribution Company of Vojvodina (January, 2010) Technical Recommendations Electric Power Industry of Serbia

POTENTIAL PROJECTS

On the following slides an overview of the Techno-economic analysis of the conceptual solutions of cogeneration systems on the territory of AP Vojvodina

conducted by SPAN – Bureau for architecture and design of buildings in December, 2015, is shown.

POTENTIAL COGENERATION PPs 597 kWe

2,689 MWt

Resource radius: 30 km Resource price: 3.2 c€/kg

1,000 kWe

4,095 MWt

Resource radius: 100 km Resource price: 3.5 c€/kg

TYPE 1 - SMALER PP TYPE 2 - BIGGER PP

12 years Exploitation period 12 years

4,187,750 Total investment value (EUR) 6,102,275

7,594.012 Net Present Value (EUR) 12,031

9.49% Internal Rate of Return 10.13%

9 years Payback Period 9 years

5,399,975 Cumulative Net Income in EUR

(12 years) 8,311,237

1,690 MWh Total estimated annual production of EE 2,733 MWh

MONEY TALK

TYPE 1 – SMALLER PP (EUR)

ANNUAL EXPLOTATION PERIOD

4 MONTHS 8 MONTHS

Total revenue 729,003 1,020,630

Total expenses 331,269 390,709

NET PROFIT 338,074 535,433

TYPE 2 – BIGGER PP (EUR)

ANNUAL EXPLOTATION PERIOD

4 MONTHS 8 MONTHS

Total revenue 1,131,299 1,583,845

Total expenses 505,417 600,222

NET PROFIT 532,000 836,080

€

EQUIPMENT INFORMATION Technical characteristics

Turboden 6 CHP

Turboden 10 CHP

High temperature oil

Temperature (°C) 312/252 310/250

Thermal power (kW) 3,056 4,685

Low temperature oil Temperature (°C) 252/132 250/130

Thermal power (kW) 283 450

Overall thermal power (kW) 3,339 5,135

Hot water temperature (in/out) 60/80 60/80

Thermal power to hot water circuit (kW) 2,689 4,095

Gross active electric power (kW) 619 1,000

Captive power consumption (kW) 32 51

Net active electric power (kW) 587 949

Net electric efficiency (kW) 17.6% 18.5%

The Organic Rankine Cycle's (ORC) technology is based on turbo generator working as a normal steam turbine to transform thermal energy into mechanical energy and finally into electric energy through an electric generator.

* Technical characteristics of the equipment can be seen at the following link: http://www.turboden.eu/en/public/downloads/CHP%20con%20Split.pdf

SUCCESS STORIES NIS - GASPROM 13 mini power plants 15 million EUROS EE 11.6 MW – sale on market and own needs HE 2 MW – for own needs

Waste water power plant 2×JMC 316 GS-B.L, 1600 kWe + 1800 kWt EE 12,800,000 kWh/annually HE 14,400,000 kWh/annually