10/23/2013 1 DEVELOPMENT OF A MULTIDIMENSIONAL FRAMEWORK FOR FEASIBILITY ASSESSMENT OF MINI HYDRO POWER PROJECTS IN SRI LANKA Presented By Athurugiriya R.M. Supervisor : Dr. Yasangika Sandanayake Department of Building Economics University of Moratuwa October 2013 PRESENTATION OVERVIEW Background Aim Objectives Research Methodology Literature Findings Preliminary Questionnaire Survey AHP Questionnaire Survey Conclusions Recommendations for Industry Practitioners Recommendations for Academic Researchers BACKGROUND Sri Lanka’selectricity demand has been growing at an average of 6.8% per year from 1986 to 2003 (Amarawikrama & Hunt, 2007). There is a need for a secure and accessible supply of energy for the sustainability of modern societies (Tiwari &Mishra, 2012) Energy generation by renewable energy sources is a solution for the current energy crisis. As availability of hydro resources within the country and it is renewable energy source, energy can be generated sustainably. BACKGROUND (Contd.) feasibility study is an analysis of the potential impact of a proposed project and it is conducted to assist decision makers in determining whether the project or program will implement or not (Urkiaga et al, 2006). Many contemporarily using feasibility factors are there in the world. Currently using feasibility factors are not much comprehensive and cover all the feasibility aspects of a project. Thus, a comprehensive framework for assess the feasibility of MHP projects is needed to assess the project success. AIM OF THE STUDY Develop a multidimensional framework for feasibility assessment of mini hydro power projects in Sri Lanka. OBJECTIVES The current demand for electricity in Sri Lanka. The sources of the electricity generation in Sri Lanka. The implementation and importance of MHP projects. Investigate the current level of implementation of MHP in Sri Lanka. Identify feasibility assessment perspectives and criteria for MHP projects feasibility. Develop a conceptual hierarchy for feasibility assessment of MHP in Sri Lanka. Multidimensional framework for feasibility assessment of MHP projects in Sri Lanka.
Transcript
10/23/2013
1
DEVELOPMENT OF A MULTIDIMENSIONAL
FRAMEWORK FOR FEASIBILITY ASSESSMENT
OF MINI HYDRO POWER PROJECTS IN
SRI LANKA
Presented By
Athurugiriya R.M.
Supervisor: Dr. Yasangika Sandanayake
Department of Building Economics
University of Moratuwa
October 2013
PRESENTATION OVERVIEW
Background
Aim
Objectives
Research Methodology
Literature Findings
Preliminary Questionnaire Survey
AHP Questionnaire Survey
Conclusions
Recommendations for Industry Practitioners
Recommendations for Academic Researchers
BACKGROUND
Sri Lanka’s electricity demand has been growing at an average of
6.8% per year from 1986 to 2003 (Amarawikrama & Hunt, 2007).
There is a need for a secure and accessible supply of energy for the
sustainability of modern societies (Tiwari &Mishra, 2012)
Energy generation by renewable energy sources is a solution for the
current energy crisis.
As availability of hydro resources within the country and it is
renewable energy source, energy can be generated sustainably.
BACKGROUND (Contd.)
feasibility study is an analysis of the potential impact of a proposed
project and it is conducted to assist decision makers in determining
whether the project or program will implement or not (Urkiaga et
al, 2006).
Many contemporarily using feasibility factors are there in the
world.
Currently using feasibility factors are not much comprehensive and
cover all the feasibility aspects of a project.
Thus, a comprehensive framework for assess the feasibility of MHP
projects is needed to assess the project success.
AIM OF THE STUDY
Develop a multidimensional framework for feasibility assessment
of mini hydro power projects in Sri Lanka.
OBJECTIVES
The current demand for electricity in Sri Lanka.
The sources of the electricity generation in Sri Lanka.
The implementation and importance of MHP projects.
Investigate the current level of implementation of MHP in Sri
Lanka.
Identify feasibility assessment perspectives and criteria for MHP
projects feasibility.
Develop a conceptual hierarchy for feasibility assessment of MHP
in Sri Lanka.
Multidimensional framework for feasibility assessment of MHP
projects in Sri Lanka.
10/23/2013
2
RESEARCH METHODOLOGY
Chapter 02
Literature Review
Chapter 03
Methodology
Chapter 04
MHP feasibility assessment conceptual
hierarchy
Chapter 05
Framework for assess the feasibility of MHP
projects in Sri Lanka
Chapter 06
Conclusion and Recommendations
Literature Review
Semi structured
Questionnaire Survey
with Expert’s Opinions
Structured Pair-wise
Comparison
Questionnaire Survey
Objective 6
Chapter 01
Introduction
Objective 1, Objective
2 & Objective 3
Objective 4
Objective 5
LITERATURE FINDINGS
Many MHP project feasibility factors are currently used over the
world.Perspectives Criteria
Financial Analysis Payback Period (PBP)
Net Present Value (NPV)
Internal Rate of Return (IRR)
Cost Benefit Analysis (CBA)
Discounted Cash Flows
Environmental
Analysis
Cultural aspects
Social Analysis
Market Analysis Demand for the Product
Supply for the Product
Unit Price
Technical Analysis
Site Location
Water Quality Studies
Resources
Management and Supervisory Personnel
Physical Analysis
Topographical Nature of the Area
Proximity
LITERATURE FINDINGS (Contd.)
Many other MHP project feasibility criteria according to the
expert’s recommendations.
Theoretical hierarchy for assess the MHP project feasibility
6 feasibility perspectives have been identified with 42 criteria
respectively to each perspective.
PRELIMINARY QUESTIONNIRE SURVEY
Survey carried out among 10 MHP industry expertise.
Data were analyzed, and concluded the perspectives and criteria
for MHP project feasibility assessment and developed the
