google.com, pub-8308647970737773, DIRECT, f08c47fec0942fa0

Hydropower Cost Estimation Calculator

Hydropower Cost Estimation Calculator estimates the total and annualized costs of a hydropower project, including construction, operation and maintenance, and equipment replacement costs, with a detailed breakdown and step-by-step calculations.

Formulas Used in Hydropower Cost Estimation Calculator

The calculator uses the following formulas to estimate project costs:

Construction Cost:

\\[ C_{\text{const}} = c_0 + c_1 h + c_2 h^2 + c_p P \\]

Annual O&M Cost:

\\[ C_{\text{O&M}} = f_{\text{O&M}} \cdot C_{\text{const}} \\]

Total Replacement Cost:

\\[ C_{\text{replace}} = f_{\text{equip}} \cdot c_p \cdot P \cdot \left\lfloor \frac{L}{T_{\text{replace}}} \right\rfloor \\]

Total Project Cost:

\\[ C_{\text{total}} = C_{\text{const}} + C_{\text{replace}} + C_{\text{O&M}} \cdot L \\]

Annualized Total Cost:

\\[ C_{\text{annual}} = \frac{C_{\text{const}} + C_{\text{replace}}}{L} + C_{\text{O&M}} \\]

Where:

  • \\( C_{\text{const}} \\): Construction cost ($)
  • \\( c_0 \\): Base construction cost ($)
  • \\( c_1 \\): Linear cost coefficient ($/m)
  • \\( c_2 \\): Quadratic cost coefficient ($/m²)
  • \\( h \\): Dam height (m)
  • \\( c_p \\): Cost per unit power ($/kW)
  • \\( P \\): Turbine capacity (kW)
  • \\( C_{\text{O&M}} \\): Annual O&M cost ($/year)
  • \\( f_{\text{O&M}} \\): O&M cost fraction
  • \\( C_{\text{replace}} \\): Total replacement cost ($)
  • \\( f_{\text{equip}} \\): Equipment cost fraction
  • \\( L \\): Project lifetime (years)
  • \\( T_{\text{replace}} \\): Replacement interval (years)
  • \\( C_{\text{total}} \\): Total project cost ($)
  • \\( C_{\text{annual}} \\): Annualized total cost ($/year)

Example Calculations

Example 1: Small-Scale Project

Input: Dam Height = 10 m, Turbine Capacity = 100 kW, Base Cost = $500,000, Linear Cost = $20,000/m, Quadratic Cost = $500/m², Cost per kW = $2,000, O&M Fraction = 0.02, Equipment Fraction = 0.5, Replacement Interval = 20 years, Lifetime = 50 years

\\[ C_{\text{const}} = 500000 + 20000 \cdot 10 + 500 \cdot 10^2 + 2000 \cdot 100 = 950,000 \ \$ \\] \\[ C_{\text{O&M}} = 0.02 \cdot 950000 = 19,000 \ \$/\text{year} \\] \\[ C_{\text{replace}} = 0.5 \cdot 2000 \cdot 100 \cdot \left\lfloor \frac{50}{20} \right\rfloor = 100,000 \ \cdot 2 = 200,000 \ \$ \\] \\[ C_{\text{total}} = 950000 + 200000 + 19000 \cdot 50 = 2,100,000 \ \$ \\] \\[ C_{\text{annual}} = \frac{950000 + 200000}{50} + 19000 = 42,000 \ \$/\text{year} \\]

Result: Construction Cost = $950,000, O&M Cost = $19,000/year, Replacement Cost = $200,000, Total Cost = $2,100,000, Annualized Cost = $42,000/year

Example 2: Medium-Scale Project

Input: Dam Height = 50 m, Turbine Capacity = 1000 kW, Base Cost = $1,000,000, Linear Cost = $50,000/m, Quadratic Cost = $1,000/m², Cost per kW = $2,500, O&M Fraction = 0.025, Equipment Fraction = 0.6, Replacement Interval = 25 years, Lifetime = 40 years

\\[ C_{\text{const}} = 1000000 + 50000 \cdot 50 + 1000 \cdot 50^2 + 2500 \cdot 1000 = 6,000,000 \ \$ \\] \\[ C_{\text{O&M}} = 0.025 \cdot 6000000 = 150,000 \ \$/\text{year} \\] \\[ C_{\text{replace}} = 0.6 \cdot 2500 \cdot 1000 \cdot \left\lfloor \frac{40}{25} \right\rfloor = 1,500,000 \ \cdot 1 = 1,500,000 \ \$ \\] \\[ C_{\text{total}} = 6000000 + 1500000 + 150000 \cdot 40 = 13,500,000 \ \$ \\] \\[ C_{\text{annual}} = \frac{6000000 + 1500000}{40} + 150000 = 337,500 \ \$/\text{year} \\]

Result: Construction Cost = $6,000,000, O&M Cost = $150,000/year, Replacement Cost = $1,500,000, Total Cost = $13,500,000, Annualized Cost = $337,500/year

Example 3: Large-Scale Project

Input: Dam Height = 100 m, Turbine Capacity = 10000 kW, Base Cost = $5,000,000, Linear Cost = $100,000/m, Quadratic Cost = $2,000/m², Cost per kW = $3,000, O&M Fraction = 0.015, Equipment Fraction = 0.7, Replacement Interval = 30 years, Lifetime = 60 years

\\[ C_{\text{const}} = 5000000 + 100000 \cdot 100 + 2000 \cdot 100^2 + 3000 \cdot 10000 = 45,000,000 \ \$ \\] \\[ C_{\text{O&M}} = 0.015 \cdot 45000000 = 675,000 \ \$/\text{year} \\] \\[ C_{\text{replace}} = 0.7 \cdot 3000 \cdot 10000 \cdot \left\lfloor \frac{60}{30} \right\rfloor = 21,000,000 \ \cdot 2 = 42,000,000 \ \$ \\] \\[ C_{\text{total}} = 45000000 + 42000000 + 675000 \cdot 60 = 127,500,000 \ \$ \\] \\[ C_{\text{annual}} = \frac{45000000 + 42000000}{60} + 675000 = 2,125,000 \ \$/\text{year} \\]

Result: Construction Cost = $45,000,000, O&M Cost = $675,000/year, Replacement Cost = $42,000,000, Total Cost = $127,500,000, Annualized Cost = $2,125,000/year

Related Calculator

  1. Hydropower Water Usage Calculator
  2. Hydro Power Revenue Estimator
  3. Hydropower Head Loss Calculator
  4. Hydropower Turbine Efficiency Calculator
  5. Dam Height Optimization Calculator
  6. More Engineering Related Calculator