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
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
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
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