Research Article
Case Study on Incentive Mechanism of Energy Efficiency Retrofit in Coal-Fueled Power Plant in China
Table 3
The key parameters of the proposed project.
| Item | Value | Unit | Data source |
| Rated continuous power | 500 | MW | FSR | Total investment | 100,000,000 | RMB | FSR | Equity proportion | 100 | % | FSR | Incremental annual power generation | 0 | MWh | FSR | Profit loss due to the retrofitting | 24,730,000 | RMB | FSR | Annual operation hours | 5600 | h | FSR | Power consumption rate (for self-use) | 6 | % | FSR | Standard coal consumption for power generation before retrofit (designed in FSR) | 316 | g/KWh | FSR | Decrease of standard coal consumption after retrofit (designed in FSR) | 13 | g/KWh | FSR, P51 | Standard coal price (without VAT) | 389 | RMB/ton | FSR | Electricity tariff (without VAT) | 341.2 | RMB/MWh | FSR | New added O and M cost | ā11,675,000 | RMB/year | FSR | Of which fuel cost saving due to retrofit | ā14,175,000 | RMB/year | FSR | New added repair cost | 2,500,000 | RMB/year | FSR | Income tax | 25 | % | FSR | Value added tax (VAT) | 17 | % | FSR | Town building maintenance tax | 7 (of VAT) | % | FSR | Surcharge for education | 3 (of VAT) | % | FSR | Project operating period | 11 | Years | FSR | Rate of residual value of the fixed assets | 3 (out of total investment) | % | FSR | Depreciation period | 11 | Years | FSR | Amount of CERs | 92,463 | tCO2e/year | ER calculation sheet |
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