Techno-economic analysis of a proposed 10 MW geothermal power plant in Fiji

被引:0
|
作者
Prasad, Ravita D. [1 ]
Raturi, Atul [2 ]
机构
[1] College of Engineering, Science and Technology, Fiji National University, P. O. Box 7222, Nasinu, Fiji
[2] School of Information Technology, Engineering, Mathematics and Physics, The University of the South Pacific, Laucala Campus, Suva, Fiji
关键词
Climate change - Economic analysis - Energy policy - Geothermal fields - Geothermal power plants - Planning - Rankine cycle;
D O I
暂无
中图分类号
学科分类号
摘要
Climate change related issues affect energy infrastructure of island nations on a regular basis. Fiji, a miniscule emitter, has set a net-zero national target by 2050 and geothermal power plant (GPP) is a possible renewable energy technology to meet this target. However, there are no feasibility studies for GPP in Fiji. The main objective of this paper is to conduct a techno-economic-environmental feasibility study of a proposed 10 MW organic Rankine cycle (ORC) GPP using the RETScreen tool. The modelling results show that 78.9 GWh of electricity can be produced that can reduce 39,461 tCO2-eq emissions for Fiji's energy sector. Three scenarios were modelled to study the effect of different incentives (electricity export rate, clean energy production incentive rate, emission trading rate, and renewable energy capacity development incentive) on the project's financials. The current study is the first country-specific study done in ORC GPP in Fiji and the results can inform and help potential investors, donors and government agencies make judicious decisions on geothermal power development. The study recommends that apart from financial factors, other factors, such as capacity building of key stakeholders and a conducive regulatory environment, are essential to promote GPP. © 2022 Elsevier Ltd
引用
收藏
相关论文
共 50 条
  • [41] Optimization and techno-economic assessment of 50 MW floating solar power plant on Hakaluki marsh land in Bangladesh
    Kowsar, Abu
    Hassan, Mahedi
    Rana, Md Tasnim
    Haque, Nawshad
    Faruque, Md Hasan
    Ahsan, Saifuddin
    Alam, Firoz
    RENEWABLE ENERGY, 2023, 216
  • [42] Techno-economic feasibility analysis of a eucalyptus-based power plant using woodchips
    de Deus Ribeiro, Gabriel Browne
    Siqueira Batista, Fabio Rodrigo
    de Magalhaes, Mateus Alves
    Valverde, Sebastiao Renato
    Oliveira Carneiro, Angelica de Cassia
    Amaral, Daniela Higgin
    BIOMASS & BIOENERGY, 2021, 153
  • [43] Techno-economic Analysis of the Future European Power System
    Wiernes, P. E.
    Mercado, P. E.
    Moser, A.
    2014 CLEMSON UNIVERSITY POWER SYSTEMS CONFERENCE (PSC), 2014,
  • [44] Techno-Economic Investigation of Geothermal Development in Sedimentary Basins
    Khankishiyev, Orkhan
    Salehi, Saeed
    Vivas, Cesar
    Nygaard, Runar
    Rehg, Danny
    ASME Open Journal of Engineering, 2023, 2
  • [45] Techno-economic analysis and environmental impact assessment of 3 MW photovoltaic power plant in Bangladesh: a case study based on real data
    M. A. Karim Miah
    Nuruzzaman Rakib
    M. Ahsan Habib
    M. Hasanuzzaman
    Sujoy Saha
    Environment, Development and Sustainability, 2023, 25 : 15205 - 15223
  • [46] Catalytic hydrogenation of CO2 from 600 MW supercritical coal power plant to produce methanol: A techno-economic analysis
    Asif, Muhammad
    Gao, Xin
    Lv, Hongjie
    Xi, Xinguo
    Dong, Pengyu
    INTERNATIONAL JOURNAL OF HYDROGEN ENERGY, 2018, 43 (05) : 2726 - 2741
  • [47] Techno-economic analysis and environmental impact assessment of 3 MW photovoltaic power plant in Bangladesh: a case study based on real data
    Miah, M. A. Karim
    Rakib, Nuruzzaman
    Habib, M. Ahsan
    Hasanuzzaman, M.
    Saha, Sujoy
    ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY, 2023, 25 (12) : 15205 - 15223
  • [48] Techno-economic analysis of oxy-fuel power plant for coal and biomass combined with a power-to-gas plant
    Sohn, Geun
    Ryu, Ju-yeol
    Park, Hyemin
    Park, Sungho
    ENERGY FOR SUSTAINABLE DEVELOPMENT, 2021, 64 : 47 - 58
  • [49] Compatibility investigation and techno-economic performance optimization of whole geothermal power generation system
    Xie, Jingxuan
    Wang, Jiansheng
    APPLIED ENERGY, 2022, 328
  • [50] Microgrids for green hydrogen production for fuel cell buses - A techno-economic analysis for Fiji
    Ram, Krishnil
    Chand, Shyamal S.
    Prasad, Ravneel
    Mohammadi, Ali
    Cirrincione, Maurizio
    ENERGY CONVERSION AND MANAGEMENT, 2024, 300