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EMGT-6225
Economic Decision Making Term Project
Agenda
Introduction
Scope
Assumptions
Baseline
Vertical wind turbines
Solar panels
Lighting
Qualitative considerations
EMGT-6225
Economic Decision Making Term Project
Introduction
Airport facility (A) operated by State agency (B)
Undergoing a full renovation
Required to fulfill state environmental mandates as well
as own sustainability plan
Economic analysis comparing:
Four lighting alternatives
Two vertical-axis wind turbines
Fixed-angle photovoltaic panels
EMGT-6225
Economic Decision Making - Project
Scope
Economic analysis on renewable power supply and
lighting options to meet the criteria outlined below
EMGT-6225
Economic Decision Making - Project
Assumptions
12Mph wind speed average is considered as an annual constant
Solar panels are installed at most efficient angle
EMGT-6225
Economic Decision Making - Project
Baseline Analysis
Baseline Energy Cash Flow
0
0
10
15
20
25
-200000
-400000
-600000
-800000
-1000000
-1200000
EMGT-6225
Economic Decision Making Term Project
Voltage Output
Current Output
Estimated Energy
Savings/year
Hight
Diameter
Weight
Cost with shiping and
installation
0 - 190 Volts
0 - 20 Amps
0 -120 Volts
0 - 80 Amps
94348.8 KWhr
95472 KWhr
4' Feet
2.5 Feet
60 lbs
14' Feet
13' Feet
200 lbs
$7,000 U.S.
$47,000 U.S.
EMGT-6225
Economic Decision Making Term Project
PW2
Winner
Wind Seahawk
Wind Seahawk
Finance Seahawk
Finance Seahawk
Finance Seahawk
no finance seahawk
EMGT-6225
Economic Decision Making Term Project
$400,000.00
$200,000.00
$1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43
$(200,000.00)
$(400,000.00)
$(600,000.00)
$(800,000.00)
$(1,000,000.00)
Delta II
EMGT-6225
Economic Decision Making Term Project
Seahawk
Solar Overview
EMGT-6225
Economic Decision Making Term Project
10
Solar Analysis
Wind VS Solar
PW1
PW2
Winner
Solar
Seahawk
Finance Solar
Seahawk
EMGT-6225
Economic Decision Making Term Project
11
Solar Analysis
No Discount Payback
$400,000.00
$200,000.00
$0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50
$(200,000.00)
$(400,000.00)
$(600,000.00)
$(800,000.00)
$(1,000,000.00)
$(1,200,000.00)
$(1,400,000.00)
EMGT-6225
Economic Decision Making Term Project
12
Lighting Overview
EMGT-6225
Economic Decision Making Term Project
13
Lighting Analysis
PW1
PW2
Winner
HID
DIM HID
LED
DIM HID
DIM LED
DIM HID
DIM HID
EMGT-6225
Economic Decision Making Term Project
14
Comparison of Options
Wind Comparisons
PW1
PW2
Winner
Wind Seahawk
$ (9,062,046.40) $ (9,467,253.24) Wind Delta II
Wind Seahawk
Finance Seahawk $ (9,118,907.27) $ (9,583,150.78) Finance Delta II
Finance Seahawk
Finance Seahawk $ (9,118,907.27) $ (9,062,046.40) no finance seahawk no finance seahawk
PW1
HID
$ (7,660,218.11)
LED
$ (6,884,959.57)
DIM LED
$ (6,538,523.76)
DIM HID Finance $ (6,478,550.19)
Solar
Finance Solar
Light Comparisons
PW2
$ (6,371,965.07) DIM HID
$ (6,371,965.07) DIM HID
$ (6,371,965.07) DIM HID
$ (6,371,965.07) DIM HID
Wind VS Solar
PW1
PW2
$ (9,904,155.41) $ (9,062,046.40) Seahawk
$ (10,093,304.84) $ (9,062,046.40) Seahawk
Winner
DIM HID
DIM HID
DIM HID
DIM HID
Winner
Seahawk
Seahawk
Lighting
Renewable
Final Decisions DIM HID
Seahawk
Total investment $ (15,434,011.47)
EMGT-6225
Economic Decision Making Term Project
15
Qualitative considerations
Shall not be quantified until a detailed design is done
Size implications of different turbines
Quantity implications of different turbines
Angle of the panels (engineering considerations)
These are not good investments (were looking for the option that
costs us least)
Cost shipping and installation has been factored into the initial
investment cost.
EMGT-6225
Economic Decision Making - Project
16
Questions?
THANK YOU
EMGT-6225
Economic Decision Making Term Project
17