Table 8 Economic indicators of water hyacinth for electricity production
Parameter | Units | Value |
|---|---|---|
Plant capacity | kW | 13,454.74 |
Annual electricity production | kWh/year | 110,791,711 |
Initial total investment | $ | 67,273,700 |
Total annual cost | $ | 4,862,203 |
Levelized cost of energy | $/kWh | 0.172 |
Pre-tax IRR (equity) | % | 10.3 |
NPV | $ | 8,923,769 |
Total annual savings and revenue | $ | 19,963,905 |
Simple payback | Years | 5.5 |
Equity payback | Years | 11.3 |
Annual GHG emission reduction | tCO2 | 57,536 |
Annual GHG emission income | $ | 575,356 |