Re: Etihad Campus, Stadium Development and Collar Site
Wow!
I might give you a call Chris.
I'm sure you could save me a few bob on my Gas and Electric bills. :-)
cjhaz69 said:GXCity said:Mancini Manus Domini said:All interesting stuff. I just think with so much land to play with in the area we should be doing something to generate excess energy. The rewards will be great.
You don't set out to purposely generate excess energy just simply to satisfy your own requirements. It all depends on the market conditions. It may be more beneficial to scale down the generation during periods of low demand. The financial benifits are not really significant unless you are a major generator. In certain situations it could actually end up costing you to export the electricity.
-- Wed Apr 02, 2014 10:19 pm --
kippaxblue76 said:Any idea why the solar panels were scrapped GX ?
The capital investment payback ratio. You are looking at 20 year plus payback for PV. Other technologies are 3 - 7 years.
I don't want to upset the apple cart but whoever gave you those PV figures is miles out, I have run some figures through my sma inventor software which I use on a daily basis, if City were to fit a moderate for them system at 200kw it would cost £240000 fully installed and commisioned, would generate approx 178000kwh per annum, the annual return based on only 50% usage would be 10.2p usage £12400. Bill reduction @.14p per kWh £16800 and export @4.77p £5724 so the total annual benefit would be £34924 per year which is index linked to the RPI so year 1 would be the smallest return so the payback would be 6 years at the most, all the PV systems we have fitted in the last 2 years are all out performing the software as it has to be conservative! I think someone at city needs to look at this again ( or give me a call ;) )
Chris
Wow!
I might give you a call Chris.
I'm sure you could save me a few bob on my Gas and Electric bills. :-)