Multi-Year Analysis Plan Page 73
ADVERTISEMENT
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
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80Gate 3 - into Development
Objective: Develop Process Flow Diagrams (PFDs) and detailed production cost. New ideas and
process improvements to otherwise existing processes are handled the same way at this stage.
1.
PFDs
2.
Add Outside Battery Limits (OSBL) equipment in process model
3.
Detailed modeling - detailed mass and energy balance (i.e. enzyme and two-stage
models) using data from Stage 2.
4.
Economic analysis with all capital and operating costs to +/- 30 to 50%.
5.
Capital costs from vendors, Engineering and Construction firms
6.
Fixed costs broken out.
7.
Break out installation, contingency and other indirect costs. Determine what contingency
should be used.
8.
Break out ROI, equity into inputted numbers.
9.
Perform sensitivity analysis with more defined ranges to direct research.
10.
Additional analyses as indicated by potential customer representatives.
Gate 4 – into Validation
Objective: Develop a detailed engineering and economic design report. Since it is expected that
by Gate 4 an industrial partner will be very involved and positioned to take over project
leadership, the technical and financial assessments carried in support of Gate 4 are at a minimum
conducted jointly by NREL and the industrial partner.
1.
Refine model using site-specific data if available.
2.
Use customer or industry accepted financial parameters.
3.
Generate design report.
4.
Perform kinetic modeling on key reactions to verify scale up.
5.
Perform risk analysis to support customer in seeking process guarantees, funding.
6.
Transfer information to industrial partner.
7.
Support detailed design development by industrial partner.
Research Track
The technical and financial assessments of projects on the research track are very different from
the assessments for commercial track projects. The emphasis is on identifying the relative
importance of the scientific questions and problems to be explored by estimating the kinds of
benefits or improvements in technology that could accrue if we had answers to the scientific
questions.
Gate A - into Exploratory Research
Related to a commercial track project
Use existing models to run sensitivities on possible technology improvements enabled by the
research.
New and unrelated to a commercial track project
Develop new process concept sufficiently to determine potential cost savings compared to
existing process concepts.
Gate B - into Development Research
In Gate B the project must be related to a commercial track project so existing models can be
employed to run sensitivities on possible technology improvements enabled by the research.
69
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Education