New build assessment of various technologiesDISCLAIMER28 Apr 2011 12:36 PM
This model ('the Model') has been built to assess the economic cost of the selected technologies on a case by case basis. The purpose of this modelling is to provide estimates of the relative cost of electricity generation technologies under different scenarios and assumptions to inform policy analysis. The outputs do not represent a government view on the relative costs of the technologies. The modelling is based on levelised costs and is not intended to predict specific private sector investment decisions or to rank different generation technologies In regard to nuclear decommissioning and waste disposal details of the work programme and timetable to establish arrangements for dealing with the costs of decommissioning and waste from nuclear new build will be published by the time of the White Paper. The Government has not taken a position on how these arrangements should be designed. For the purposes of the Model assumptions have been made which in no way prejudice the outcome of work to determine the arrangements for dealing with the costs of decommissioning and waste from nuclear new build. The Model has been constructed for a specific purpose and is not intended for distribution to third parties. Third parties who obtain copies of the Model should be aware of the following: the Model may not be suitable for purposes, other than the specific purpose for which it was designed, and the interests of third parties may not have been anticipated; the Model was not intended for use by third parties and may not be designed so that it can be readily operated in a correct manner by such parties; material events may have occurred since completion which are not reflected in the Model; whilst the Model has been tested, this may not provide an appropriate degree of assurance for all possible uses of the Model Model prepared by:Department of Trade and Industry
Structure
New Build Evaluation Model Structure
- Input Data -
Input_Main Input_Main Main Input Sheet Main Input Sheet [General & Plant Specific] [General & Plant Specific]
Coal Coal
Index Index Graph data Graph data
Operation Operation Plant Performance Power Revenue Opex: Volume Related
- Calculation Section -
Pre-development & Pre-development & construction construction
Margins
Decommissioning Decommissioning
Finance Finance Interest During Construction Interest During Construction
Waste Waste Levelised Cost Levelised Cost
Graphs Graphs Graphical Analysis Graphical Analysis
Sensitivity Sensitivity Sensitivity Tables Sensitivity Tables Reports Reports Cover Cover Disclaimer Disclaimer
Summary Summary Scenarios Scenarios Plant Assumptions Plant Assumptions - Levelised Costs - Levelised Costs
- Summary & Other -
Print Definition Print Definition
Summary
Coal
Print Control
SummaryDrop Down Menu Control PLANT VALUATION CASE: CoalPLANT DESIGN COMPONENTS Plant Design Kind Assumptions Pulverised Fuel (ASC) with FGD First of a kind Data PLANT DATA Plant Total Capacity (MW) Net Efficiency (HHV) (Average during operation) Availability (Average) Construction Period (years) Plant Life (years) Capital Cost (/kW) O&M Cost (/kW) Decommissioning Fund (m) PV Avge Annual Decomm. Contribution (m) Over Operational Life Avge Annual Waste Contribution (m) Over 40 Years 500 43.4% 90.0% 4 50 918 17 0 0.0 0.0
Model checks: OK
Construction Commences Operation Commences
1-Jan-2011 1-Jan-2015
COST OF GENERATION
FINANCE PARAMETERS
Levelised Cost (/MWh)
26.14
Predevelopment Finance - Equity Construction - Project Finance (equity remainder) Debt Margin Rate Discount Rate
100% 70% 2.0% 10%
MODEL CONTROL CHECK Pre-dev Calc Check Operation Calc Check Interest During Construction Check Decommissioning Check Waste Check Master Check OK OK OK OK OK OK 0 0 0 0 0 0
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Summary
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Summary
Cost of GenerationLC (/MWh) Type Design FOAK 37.51 26.14 40.78 29.37 44.77 34.57 47.93 55.15 83.15 35.69 NOAK 31.24 22.20 36.92 25.41 40.93 34.26 47.63 54.93 82.93 31.36
Nuclear PWR 1 Coal Pulverised Fuel (ASC) with FGD Coal Pulverised Fuel (ASC) with FGD with CCS Coal IGCC Coal IGCC with CCS Gas CCGT Gas CCGT with CCS Wind Onshore Wind (80MW) Wind Offshore Wind (100MW) Retrofit Coal Pulverised Fuel (ASC) with Retrofit FGD with CCS
Levelised Cost Nuclear PWR 1 Coal Pulverised Fuel (ASC) with FGD Coal Pulverised Fuel (ASC) with FGD with CCS Coal IGCC Coal IGCC with CCS Gas CCGT Gas CCGT with CCS Wind Onshore Wind (80MW) Wind Offshore Wind (100MW) Retrofit Coal Pulverised Fuel (ASC) with Retrofit FGD with CCS
37.51 26.14 40.78 29.37 44.77 34.57 47.93 55.15 83.15 35.69
31.24 22.20 36.92 25.41 40.93 34.26 47.63 54.93 82.93 31.36
Current electricity price (/MWh)
50.0
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Strictly Private ConfidentialModel Check: OK
CoalAll Values in m Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingOperating Year No Operation Year Flag Operational Flag Proportion in Year Operation
LEVELISED COSTS
Power ProductionPower Output, Net (TWh)
Total 197
Operating CostsTotal Fuel Costs Fixed O&M Cost Variable O&M Costs Emissions Costs Additional Insurance Costs Additional Security Costs Waste Fund Decommissioning Fund 1,564 425 217 0 0 0 0 0
Capital CostsPredevelopment Costs Construction Costs 0 2,633
Total
Levelised CostFuel Fuel Delivery Fixed O&M Variable O&MEmissions Costs
/MWh7.9 1.6 2.2 1.1 0.0 0.0 0.0 0.0 0.0 0.0 13.3 0.0
Additional Insurance Costs Additional Security Costs Waste Fund Decommissioning Predevelopment Costs Construction Costs Storage (pertaining to Carbon Sequestration)
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Levelised costs
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Strictly Private ConfidentialModel Check: OK
CoalAll Values in m Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingOperating Year No Operation Year Flag Operational Flag Proportion in Year Operation
Total (/MWh)
26.14
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Levelised costs
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Strictly Private ConfidentialDesign Kind First of a kind Assumptions Data Graph Scenario (Non vs. Escalated) Non-escalated
Pulverised Fuel Coal
Pulverised Fuel (ASC) with FGD
Graphs
Levelised cost of generating electricity90.00 80.00 70.00 60.00 50.00 4,500 4,000 3,500 3,000 2,500
Power output / fuel consumption
GWh
40.00 30.00 20.00 10.00 0.00
2,000 1,500 1,000 500 0
Pulverised Fuel (ASC) with FGD with CCS PWR 1 IGCC with CCSColumn AA
CCGT with CCS Offshore Wind (100MW)Column AD
2008 2012 2016 2020 2024 2028 2032 2036 2040 2044 2048 2052 2056 2060 2064 2068 2072 2076 208 2006 2010 2014 2018 2022 2026 2030 2034 2038 2042 2046 2050 2054 2058 2062 2066 2070 2074 2078 Gross Energy Generated (before auxiliary deductions) Fuel Consumption (GWht), Net
Power/fuel margin and operating margin80.0% 70.0% 60.0% 50.0% 1 1 1 1 1 0
Decommissioning and waste funding1 0.9 0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0
%
0 0 0 0
30.0% 20.0% 10.0% 0.0% 2008 2012 2016 2020 2024 2028 2032 2036 2040 2044 2048 2052 2056 2060 2064 2068 2072 2076 2080 2006 2010 2014 2018 2022 2026 2030 2034 2038 2042 2046 2050 2054 2058 2062 2066 2070 2074 2078 Power / Fuel Margin (%) - NonEscalated Operating Margin (%) - NonEscalated
0
2009 2015 2021 2027 2033 2039 2045 2051 2057 2063 2069 2075 2081 2087 2006 2012 2018 2024 2030 2036 2042 2048 2054 2060 2066 2072 2078 2084 2090 Decommissioning Fund Decommissioning Contributions Waste Contributions
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Graphs
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m
m
40.0%
Strictly Private Confidential
064 2068 2072 2076 2080 2066 2070 2074 2078
1 0.9 0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0
2087 84 2090
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Graphs
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Strictly Private ConfidentialDesign Kind First of a kind Assumptions Data Graph Scenario (Non vs. Escalated) Non-escalated
Pulverised Fuel Coal
Pulverised Fuel (ASC) with FGD
Graphs
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Graphs
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Strictly Private Confidential
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Graphs
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Strictly Private ConfidentialModel Check: OK
Pulverised Fuel CoalPLANT SENSITIVITIES AND COST OF GENERATINGLC (/MWh) FOAK NOAK 26.14 0 0 48 48 36 60 25 60 800 1,800 2,000 60% 90% 80% 90% 15 120 21 53 10 17 25 7.0% 12.0% 0 0 0 0 1.5% 3.0% 50.0% 80.0% 26.14 26.14 26.14 26.14 25.74 26.79 27.40 26.07 24.43 38.97 41.88 26.35 26.14 28.00 26.14 25.89 39.20 24.86 34.98 33.42 38.51 44.34 22.39 28.73 26.14 26.14 26.14 26.14 26.00 26.47 25.68 26.37 21.97 21.97 21.97 21.97 21.97 21.65 22.47 22.95 21.91 23.16 37.70 40.61 22.12 21.97 23.32 21.97 22.98 36.29 20.68 30.81 29.25 34.34 40.16 19.03 23.99 21.97 21.97 21.97 21.97 21.86 22.22 21.61 22.15
SensitivityBASE CASE Predevelopment - Low Predevelopment - High Reduction Predevelopment Period Increased Predevelopment Period Construction Period - Low Construction Period - High Operation Period - Low Operation Period - High Capital Cost - Low Capital Cost - High Capital Cost - Very high Availability - first 5 years - Low Availability - first 5 years - High Availability - thereafter - Low Availability - thereafter - High Fixed O&M Cost - Low Fixed O&M Cost - High Fuel Cost - Low Fuel Cost - High CO2 Cost - Low CO2 Cost - Medium CO2 Cost - High Discount Rate - Low Discount Rate - High Decom fund - Low Decom fund - High Waste fund - Low Waste fund - High Finance - Low margin Finance - High margin Finance - Low leverage Finance - High leverage
Comment
SensitivityType Base
SensitivityValue
0m 0m 12 month reduction 12 month increase 3 years 5 years 25 years 60 years 800/kW 1800/kW 2000/kW 60% 90% 80% 90% 15/kW 120/kW 21 53 10/CO2e 17/CO2e 25/CO2e 7% 12% 0/kW 0/kW 0/kW 0/kW Project debt margin 1.5% Project debt margin 3% Leverage: 50% Leverage: 80%
PredevelopmentCost PredevelopmentCost PredevelopmentPeriod1 PredevelopmentPeriod2 ConstructionPeriod1 ConstructionPeriod2 OperationPeriod OperationPeriod CapitalCost CapitalCost CapitalCost AvailabilityFirst AvailabilityFirst AvailabilityOngoing AvailabilityOngoing O&MCost O&MCost FuelCost FuelCost CarbonCost CarbonCost CarbonCost DiscountRate DiscountRate DecomCost DecomCost WasteCost WasteCost FinanceCoD FinanceCoD FinanceLeverage FinanceLeverage
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Sensitivity
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Strictly Private ConfidentialModel Check: OK
Pulverised Fuel CoalPLANT SENSITIVITIES AND COST OF GENERATINGLC (/MWh) FOAK 26.14 0 0 48 48 36 60 25 60 800 1,800 2,000 60% 90% 80% 90% 15 120 21 53 10 17 25 7.0% 12.0% 0 0 0 0 1.5% 3.0% 50.0% 80.0% 26.14 26.14 26.14 26.14 25.74 26.79 27.40 26.07 24.43 38.97 41.88 26.35 26.14 28.00 26.14 25.89 39.20 24.86 34.98 33.42 38.51 44.34 22.39 28.73 26.14 26.14 26.14 26.14 26.00 26.47 25.68 26.37
SensitivityBASE CASE Predevelopment - Low Predevelopment - High Reduction Predevelopment Period Increased Predevelopment Period Construction Period - Low Construction Period - High Operation Period - Low Operation Period - High Capital Cost - Low Capital Cost - High Capital Cost - Very high Availability - first 5 years - Low Availability - first 5 years - High Availability - thereafter - Low Availability - thereafter - High Fixed O&M Cost - Low Fixed O&M Cost - High Fuel Cost - Low Fuel Cost - High CO2 Cost - Low CO2 Cost - Medium CO2 Cost - High Discount Rate - Low Discount Rate - High Decom fund - Low Decom fund - High Waste fund - Low Waste fund - High Finance - Low margin Finance - High margin Finance - Low leverage Finance - High leverage
Comment
SensitivityType Base
SensitivityValue
0m 0m 12 month reduction 12 month increase 3 years 5 years 25 years 60 years 800/kW 1800/kW 2000/kW 60% 90% 80% 90% 15/kW 120/kW 21 53 10/CO2e 17/CO2e 25/CO2e 7% 12% 0/kW 0/kW 0/kW 0/kW Project debt margin 1.5% Project debt margin 3% Leverage: 50% Leverage: 80%
PredevelopmentCost PredevelopmentCost PredevelopmentPeriod1 PredevelopmentPeriod2 ConstructionPeriod1 ConstructionPeriod2 OperationPeriod OperationPeriod CapitalCost CapitalCost CapitalCost AvailabilityFirst AvailabilityFirst AvailabilityOngoing AvailabilityOngoing O&MCost O&MCost FuelCost FuelCost CarbonCost CarbonCost CarbonCost DiscountRate DiscountRate DecomCost DecomCost WasteCost WasteCost FinanceCoD FinanceCoD FinanceLeverage FinanceLeverage
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Sensitivity
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Input_Main
Coal
Model Check: OK
Project Assumptions - Main Input Sheet / CoalGeneral InformationProject Base Data (I) Project Developer Project Name Financial Model Version Financial Model Type Market Price Forecasts Based on (source) Calculation Model Power Plant / Name Plant 2 Selected: Reactor Design Pulverised Fuel (ASC) with FGD Kind First of a kind Assumptions Data Project Base Data (II) Base Monetary Unit (I) Base Monetary Unit (II) FX (/USD) FX (/Euro) FX (/CAN$) Inflation Corporate Tax Rate Proportion of current year tax charge paid in current year Modelling Dates Financial Model Base Date Latest Model Update Unit (Date) (Date) (Months) DTI Pulverised Fuel Coal Version 2006 New Build Evaluation Model DTI projections April 2006 Manual Price Unit Fuel Units tonne tonne Aux Power 1.8% 1.8%
2 Coal
p 0.5719 0.6921 0.4914 2.75% 30.0% 50.0% (Remainder paid in following year) Incentives / Exemptions Renewables Obligation Climate Change Levy Recycling Benefit On or Off On or Off On or Off Off Off Off Refer row 270 Refer row 282 Refer row 294
Months Per YearConversion Factors Summary Sheet Unit
1-Jan-2006 17-Mar-2006 12
1,000
TimingKey Dates / Time Periods Financial close Financial close (to closest year) Prelicensing Period Site Specific Licensing Period Public Enquiry Period Pre-development Period - Subtotal Pre-development Period (NOAK Adjustment) Total Pre-development Period (including NOAK) Unit 1-Jan-2007 1-Jan-2007 (months) (months) (months) (months) (months) (months) 0 24 24 48 0 48 (years) (years) (years) (years) (years) (years) 0 2 2 4 0 4.0 (days) (days) (days) 0 730 730
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Input_Main
Coal
Model Check: OK
Project Assumptions - Main Input Sheet / CoalConstruction Start Date Construction Start Date (to closest year) Construction Period Commercial Operation Start Date Commercial Operation Start Date (to closest year) Plant Operating Period Commericial Operation End Date Commericial Operation End Date (to closest year) Decommissioning Cooldown Decommissioning Start Date Decommissioning Start Date (to closest year) Decommissioning Period Decommissioning End Date Decommissioning End Date (to closest year) Project End Period Project End Date Project End Date (to closest year) Hours in a year 1-Jan-2011 1-Jan-2011 (months) 1-Jan-2015 1-Jan-2015 (years) 1-Jan-2065 1-Jan-2065 (years) 1-Jan-2065 1-Jan-2065 (months) 1-Jan-2066 1-Jan-2066 0 1-Jan-2066 1-Jan-2066 8,760 0 1-Jan-2006 0 1-Jan-2007 0 1-Jan-2008 0 1-Jan-2009 0 1-Jan-2010 1 1-Jan-2011 2 1-Jan-2012 3 1-Jan-2013 4 1-Jan-2014 5 1-Jan-2015 6 1-Jan-2016 0 1-Jan-2017 0 1-Jan-2018 Waste Disposal Frequency (years) 10 12 (years) 1 0 Waste Disposal Start Date Waste Disposal Cashflows (years) Waste Disposal End Date 1-Jan-2065 1 1-Jan-2066 50 48 (years) 4.0 Project Finance period after Construction Project Finance End Date 2 (years) 1-Jan-2017
Time Flag (Annual) Annual Period Starting Annual Period Ending Year Flag Days in Period Project Life Flag (Start to End) Proportion of Period in Operation Calculation Flags Proportion of Period in Pre-development Pre-development Year Flag Pre-development Days in Period Pre-development Phase Flag Proportion of Period in Construction Construction Period Year Flag Construction Days in Period Construction Phase Flag Construction Start Flag Project Finance Period Year Flag Project Finance Phase Flag Proportion of Period in Operation Operation Year Flag Operation Days in Period Operational Phase Flag Start of Operational Phase Flag End of Operational Phase Flag Construction / Operation Phase Flag Proportion of Period in Waste Storage Waste Disposal Spend Flag Waste Disposal Phase Flag Proportion of Period in Decommissioning Decommissioning Days in Period Decommissioning Phase Flag Decommissioning Year Flag Pre-development Distribution Pre-development Distribution Check Capex Distribution Capex Distribution Check
1-Jan-2005
31-Dec-2005
31-Dec-20061 364
31-Dec-2007 2365
31-Dec-2008 3366
31-Dec-2009 4365
31-Dec-2010 5365
31-Dec-2011 6365
31-Dec-2012 7366
31-Dec-2013 8365
31-Dec-2014 9365
31-Dec-2015 10365
31-Dec-2016 11366
31-Dec-2017 12365
31-Dec-2018 13365
0 0%
1 100%
1 100%
1 100%
1 100%
1 100%
1 100%
1 100%
1 100%
1 100%
1 100%
1 100%
1 100%
0%
0% 0 0 0% 0 0 0 0 0% 0 0 0 0 0 0% 0 0 0% 0 0 00% TRUE 0% TRUE
100% 1 364 1 0% 0 0 0 0 0% 0 0 0 0 0 0% 0 0 0% 0 0 025% TRUE 0% TRUE
100% 2 366 1 0% 0 0 0 0 0% 0 0 0 0 0 0% 0 0 0% 0 0 025% TRUE 0% TRUE
100% 3 365 1 0% 0 0 0 0 0% 0 0 0 0 0 0% 0 0 0% 0 0 025% TRUE 0% TRUE
100% 4 365 1 0% 0 0 0 0 0% 0 0 0 0 0 0% 0 0 0% 0 0 025% TRUE 0% TRUE
0% 1 0 100% 1 364 1 1 1 1 0% 0 0 0 0 1 0% 0 0 0% 0 0 00% TRUE 15% TRUE
0% 0 0 100% 2 366 1 0 2 1 0% 0 0 0 0 1 0% 0 0 0% 0 0 00% TRUE 24% TRUE
0% 0 0 100% 3 365 1 0 3 1 0% 0 0 0 0 1 0% 0 0 0% 0 0 00% TRUE 42% TRUE
0% 0 0 100% 4 365 1 0 4 1 0% 0 0 0 0 1 0% 0 0 0% 0 0 00% TRUE 19% TRUE
0% 0 0 0% 1 0 0 5 1 100% 1 364 1 1 0 1 0% 0 0 0% 0 0 00% TRUE 0% TRUE
0% 0 0 0% 0 0 0 6 1 100% 2 366 1 0 0 1 0% 0 0 0% 0 0 00% TRUE 0% TRUE
0% 0 0 0% 0 0 0 0 100% 3 365 1 0 0 1 0% 0 0 0% 0 0 00% TRUE 0% TRUE
0% 0 0 0% 0 0 0 0 100% 4 365 1 0 0 1 0% 0 0 0% 0 0 00% TRUE 0% TRUE
100.0%ok
100.0%ok
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Input_Main
Coal
Model Check: OK
Project Assumptions - Main Input Sheet / CoalEnergy / Plant DataPlant Data I Power Output (MW) Gross Efficiency (norm./actual) Plant Data II Gross to Net efficiency factor (HHV/LHV) Output Degradation Heat Rate Degradation Run In Period (years) Availability (first X years) Availability (thereafter) Data 500 46%
1.05 100% 100% 2 90% 90%
Pre-development CostsPre-development Cost ('000) Prelicensing - cost Technical including design selection Regulatory including licensing and EIA Regulatory - public enquiry - cost Total Pre-development Costs Data 0 0 0 0 0 Tax ded'ble 0% 0% 50% 50%
Non-sensitised0
Construction CostsConstruction Cost Capital cost (/kW) Capital Cost ('000) Infrastructure Cost (/kW) Waste Disposal Cost (/kW) Land - acquisition cost Data 918 459,000 0 0 0
Operation & Maintenance / Other Operation CostsOperation and Maintenance Cost O&M Fee (/kW) Additional Insurance (/kW) Additional Security (/kW) Total O&M Fee (/kW) Variable O&M (/MWh) Decomissioning Fund Start Date, Year Decommissioning Cost (/kW) Decommissioning Fund ('000) PV Decommissioning Cashflows ('000) Per Annum Fund growth rate (post-tax, real) Fund growth rate (post-tax, nominal) Decommissioning Funding Scenario 1 Over Operational Life 2 Over Half Life 3 Over 40 Years 4 Variable payment over years Selected Option 1 Over Operational Life Data 17.0 0.0 0.0 17.0 1.1 Storage Flag (feeds into levelised cost sheet) 6/MWh based on 8/t CO2 Yes or No Deduction Flag Remove storage Waste Fund Start Date, Year Waste Cost (/kW) Waste Fund ('000) PV Waste Cashflows ('000) Per Annum Fund growth rate (post-tax, real) Fund growth rate (post-tax, nominal) Waste Funding Scenario 1 Over Operational Life 2 Starts after five years 3 Over 40 Years 4 Variable payment over years Selected Option 3 Over 40 Years 0.0 Transmission Flag (feeds into levelised cost sheet) 9/MWh based on 8/MWh in 2001 prices Yes or No 0.0
Yes or No
No
0.0
000 000 pa
2015 0 15 % Check: 0 0 Assumes over 1 years 2.2% 5.0%
m 69
2015 0 0 0 Assumes over 1 years 2.2% 5.0%
Over Operational Life31-Dec-200630 30
Over 40 Years31-Dec-201130 30
Working Capital Circulation Time of Accounts Receivable (Days) Circulation Time of Accounts & Bills Payable (Days)
31-Dec-200730 30
31-Dec-200830 30
31-Dec-200930 30
31-Dec-201030 30
31-Dec-201230 30
31-Dec-201330 30
31-Dec-201430 30
31-Dec-201530 30
31-Dec-201630 30
31-Dec-201730 30
31-Dec-201830 30
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Input_Main
Coal
Model Check: OK
Project Assumptions - Main Input Sheet / CoalFuel Cost Assumptions ( Spot / Contract)Fuel Conversion factor Fuel Supply Scenarios - Selected Option 7,277,777.78 MWht per Mtonne Unit conversion 1.00 per Fuel Delivery Flag 0.7/MWh based on UEP model or No Yes Yes
31-Dec-2006Fuel Cost - Coal Central Case - DTI July 2006 Contract Contract Period / Years Minimum Take-or-Pay Contract Amount (million tonnes / therms) Max Contract Amount (million tonnes /therms) Contract Price (/tonne or p/therm) Data 0.0 0.0 0.0 0.0 33.0
31-Dec-200731.5
31-Dec-200830.1
31-Dec-200928.6
31-Dec-201027.2
31-Dec-201126.9
31-Dec-201226.7
31-Dec-201326.5
31-Dec-201426.3
31-Dec-201526.1
31-Dec-201625.9
31-Dec-201725.6
31-Dec-201825.4
Power Price Assumptions (Merchant / PPA)Plant Contractual Status / Capacity Plant Total Capacity Power Purchase Agreement (PPA) Merchant Concept Total Capacity, MW Contract Lifetime Power Purchase Agreement (PPA) Period / Years MW 500 0.0 500 500 % 0.0% 100.0% 100.0%
0
Power Purchase Agreement (PPA)Power Price Scenarios (/MWh) PPA Price 31-Dec-2006 0.0 31-Dec-2007 0.0 31-Dec-2008 0.0 31-Dec-2009 0.0 31-Dec-2010 0.0 31-Dec-2011 0.0 31-Dec-2012 0.0 31-Dec-2013 0.0 31-Dec-2014 0.0 31-Dec-2015 0.0 31-Dec-2016 0.0 31-Dec-2017 0.0 31-Dec-2018 0.0
Market Price ScenariosPower Price Scenarios (/MWh) Low Central High XXX XXX 31-Dec-2006 20.92 26.15 55.00 31-Dec-2007 20.92 26.15 55.00 31-Dec-2008 20.92 26.15 55.00 31-Dec-2009 20.92 26.15 55.00 31-Dec-2010 20.92 26.15 55.00 31-Dec-2011 20.92 26.15 55.00 31-Dec-2012 20.92 26.15 55.00 31-Dec-2013 20.92 26.15 55.00 31-Dec-2014 20.92 26.15 55.00 31-Dec-2015 20.92 26.15 55.00 31-Dec-2016 20.92 26.15 55.00 31-Dec-2017 20.92 26.15 55.00 31-Dec-2018 20.92 26.15 55.00
1 2 3 4 5
Selected Option 2 Central
Central
26.15
26.15
26.15
26.15
26.15
26.15
26.15
26.15
26.15
26.15
26.15
26.15
26.15
Emission Cost AssumptionsAnnual Permit Allowance Annual Permit Allowance 31-Dec-2006 78% 31-Dec-2007 78% 31-Dec-2008 78% 31-Dec-2009 78% 31-Dec-2010 78% 31-Dec-2011 78% 31-Dec-2012 78% 31-Dec-2013 78% 31-Dec-2014 78% 31-Dec-2015 78% 31-Dec-2016 78% 31-Dec-2017 78% 31-Dec-2018 78%
Emissions Emissions - Operation (base plant) Emissions - Operation (base plant with CCS)
Data
tCO2e/MWh tCO2e/MWh
0.728 0.728 31-Dec-2006 1 31-Dec-2006 10.00 17.00 25.00 6.92 31-Dec-2007 1 31-Dec-2007 10.00 17.00 25.00 6.92 31-Dec-2008 1 31-Dec-2008 10.00 17.00 25.00 6.92 31-Dec-2009 1 31-Dec-2009 10.00 17.00 25.00 6.92 31-Dec-2010 1 31-Dec-2010 10.00 17.00 25.00 6.92 31-Dec-2011 1 31-Dec-2011 10.00 17.00 25.00 6.92 31-Dec-2012 1 31-Dec-2012 10.00 17.00 25.00 6.92 31-Dec-2013 1 31-Dec-2013 10.00 17.00 25.00 0.00 31-Dec-2014 1 31-Dec-2014 10.00 17.00 25.00 0.00 31-Dec-2015 1 31-Dec-2015 10.00 17.00 25.00 0.00 31-Dec-2016 1 31-Dec-2016 10.00 17.00 25.00 0.00 31-Dec-2017 1 31-Dec-2017 10.00 17.00 25.00 0.00 31-Dec-2018 1 31-Dec-2018 10.00 17.00 25.00 0.00
EU ETS Trading Flag Carbon Cost Scenarios (/tCO2e) Low Central High Assume no carbon price post 2012
0 or 1
1 2 3 4
Selected Option 4 Assume no carbon price post 2012
Assume no carbon price post 2012
6.92
6.92
6.92
6.92
6.92
6.92
6.92
0.00
0.00
0.00
0.00
0.00
0.00
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Input_Main
Coal
Model Check: OK
Project Assumptions - Main Input Sheet / CoalRenewables Obligation, CCL and Recycling Benefit AssumptionsRenewables Obligation Flag Renewable Obligation Certificate Scenarios (/MWh) Low Central High 0 or 1 31-Dec-2006 0 31-Dec-2006 45.00 31-Dec-2007 0 31-Dec-2007 45.00 31-Dec-2008 0 31-Dec-2008 45.00 31-Dec-2009 0 31-Dec-2009 45.00 31-Dec-2010 0 31-Dec-2010 45.00 31-Dec-2011 0 31-Dec-2011 45.00 31-Dec-2012 0 31-Dec-2012 45.00 31-Dec-2013 0 31-Dec-2013 45.00 31-Dec-2014 0 31-Dec-2014 45.00 31-Dec-2015 0 31-Dec-2015 45.00 31-Dec-2016 0 31-Dec-2016 45.00 31-Dec-2017 0 31-Dec-2017 45.00 31-Dec-2018 0 31-Dec-2018 45.00
1 2 3
Selected Option 1 Low
Low0 or 1
45.00 31-Dec-2006 0 31-Dec-2006 3.44
45.00 31-Dec-2007 0 31-Dec-2007 3.44
45.00 31-Dec-2008 0 31-Dec-2008 3.44
45.00 31-Dec-2009 0 31-Dec-2009 3.44
45.00 31-Dec-2010 0 31-Dec-2010 3.44
45.00 31-Dec-2011 0 31-Dec-2011 3.44
45.00 31-Dec-2012 0 31-Dec-2012 3.44
45.00 31-Dec-2013 0 31-Dec-2013 3.44
45.00 31-Dec-2014 0 31-Dec-2014 3.44
45.00 31-Dec-2015 0 31-Dec-2015 3.44
45.00 31-Dec-2016 0 31-Dec-2016 3.44
45.00 31-Dec-2017 0 31-Dec-2017 3.44
45.00 31-Dec-2018 0 31-Dec-2018 3.44
Climate Change Levy Flag Climate Change Levy Scenarios (/MWh) Low Central High
1 2 3
Selected Option 1 Low
Low0 or 1
3.44 31-Dec-2006 0 31-Dec-2006 4.00 6.00 8.00
3.44 31-Dec-2007 0 31-Dec-2007 4.00 6.00 8.00
3.44 31-Dec-2008 0 31-Dec-2008 4.00 6.00 8.00
3.44 31-Dec-2009 0 31-Dec-2009 4.00 6.00 8.00
3.44 31-Dec-2010 0 31-Dec-2010 4.00 6.00 8.00
3.44 31-Dec-2011 0 31-Dec-2011 4.00 6.00 8.00
3.44 31-Dec-2012 0 31-Dec-2012 4.00 6.00 8.00
3.44 31-Dec-2013 0 31-Dec-2013 4.00 6.00 8.00
3.44 31-Dec-2014 0 31-Dec-2014 4.00 6.00 8.00
3.44 31-Dec-2015 0 31-Dec-2015 4.00 6.00 8.00
3.44 31-Dec-2016 0 31-Dec-2016 4.00 6.00 8.00
3.44 31-Dec-2017 0 31-Dec-2017 4.00 6.00 8.00
3.44 31-Dec-2018 0 31-Dec-2018 4.00 6.00 8.00
Recycling Benefit Flag Recycling Benefit Scenarios (/MWh) Low Central High
1 2 3
Selected Option 1 Low
Low
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
Accounting & FinanceBook Depreciation Plant & Machinery Buildings Capital Allowances Industrial Buildings Allowances (SL Basis) Write Down Allowances (Reducing Balance) Dividends Dividends Payable Even If No P&L Reserves n/a Financing Pre-Development Debt Equity Total Capital Project Finance Debt Equity Total Capital Construction Financing Financing Date, Year Maturity, Yrs Risk Free Interest Rate / LIBOR Debt Margin Rate Arranging Fees (% of debt) Tolerance on Arrangement Fee Convergence check % 0% 100% Yrs Method 50 Straight line 50 Straight line % 85% 15% 4% 6%
No
2
100.0%% 70.00% 30.00%
100.0%
2011 6 4.26% 2.00% 1.80% 0.01
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Input_Main
Coal
Model Check: OK
Project Assumptions - Main Input Sheet / Coal2006Year Flag
2007 0.0% 0.0% 0.0% 0.0%
2008 0.0% 0.0%
2009 0.0% 0.0%
2010 0.0% 0.0%
2011 1 1 0.0% 16.7%
2012 2 1 0.0% 16.7%
2013 3 1 0.0% 16.7%
2014 4 1 0.0% 16.7%
2015 5 1 0.0% 16.7%
2016 6 1 0.0% 16.7%
2017 100.0% 0.0%
2018 0.0% 0.0%
1 2
Senior Debt / Structured Repayment Profile Structured Repayment Straight Line Repayment Loan Type Structured Repayment
Flag
100.0% 100.0%
1
Structured Repayment
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
100.0%
0.0%
Re-Financing Project Debt Structure Senior Debt Junior Debt Equity Total Capital Refinancing Refinancing Takes Place, Date Senior Debt Senior Debt Maturity, Yrs Senior Debt Margin Rate Arranging Fees (% of debt) Junior Debt Junior Debt Maturity Period After Senior Debt (years) Junior Debt Maturity, Yrs Junior Debt Margin Rate Arranging Fees (% of debt) % 70% 0% 30%
100.0%1 Yes 2017 20 2.00% 100.00% 2 22 1.50% 2.50% Senior Debt Profile Amortised 90%
Bullet 10%
Check
100.0%
Junior Debt Profile Amortised 0%
Bullet 100%
Check
100.0%
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Input_Main
Coal
Model Check: OK
Project Assumptions - Main Input Sheet / Coal2006Year Flag
2007 0 0.0% 0.0%
2008 0 0.0%
2009 0 0.0%
2010 0 0.0%
2011 0 0.0%
2012 0 0.0%
2013 0 0.0%
2014 0 0.0%
2015 1 0 0.0%
2016 2 0 0.0%
2017 3 1 4.5%
2018 4 1 4.5%
Senior Debt Repayment Profile Senior Debt Repayment Junior Debt Repayment Profile Junior Debt Repayment Target Cover Ratios Target DSCR Target LLCR Max (LLCR) Short-Term Funding Facility Max Short-Term Funding Facility Balance (m) Short-Term Facility Interest Rate Opening Balance - Short Term Funding Interest on Cash Interest on Cash Rates / Valuation Levelised Discount Rate ( LC_WACC) Indexation Years Indexation Start Year, I
Phase Flag
0
100.0%
100.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
1.40x 1.00x 100.00x
3 2.00% 10
2.00%
10
10.00% Year 2006
General InformationGraph Scenario (Non vs. Escalated) Real Terms (Non-Escalated) Nominal (Escalated)
1
1=Non-Escl, 2=Escl.
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Input_Coal
New Build Evaluation Model
Model Check: OK
Project Assumptions / CoalDesign and Build TypeDesign
1 Pulverised Fuel (ASC) with FGD 2 Pulverised Fuel (ASC) with FGD with CCS 3 IGCC 4 IGCC with CCSSelected Option 1 Storage Flag 6/MWh based on 8/t CO2 8/tCO2 equates to
Pulverised Fuel (ASC) Fuel (ASC) Pulverised with FGDKind 1 First of a kind 2 Nth of a kind Selected Option
with FGD
Yes or No
0.0 6
(/MWh)
1
First of a kindof FirstAssumptions 1 Data 2 Redpoint 3 Spare2 Selected Option
a kind
1
Data Data
Deduction Flag Remove storage
Yes or No
No
TimingKey Dates / Time Periods Financial close Prelicensing Period Site Specific Licensing Period Public Enquiry Period Pre-development Period - Subtotal Pre-development Period (NAOK Adjustment) Total Pre-development Period (including NAOK) Construction Start Date Construction Period Commercial Operation Start Date Plant Operating Period Commericial Operation End Date Decommissioning Cooldown Decommissioning Start Date Decommissioning Period Decommissioning End Date Unit (months) (months) (months) (months) (months) (months) (months) (years) (years) (months) Data 1-Jan-2007 24 24 48 48 1-Jan-2011 48 1-Jan-2015 50 1-Jan-2065 1-Jan-2065 12 1-Jan-2066 (years) (years) (years) (years) (years) (years) (years) 0 2 2 4 0 4 4.0 (days) (days) (days) 0 730 730 Unit (months) (months) (months) (months) (months) (months) (months) (years) (years) (years) 1 (months) Data 1-Jan-2007 0 24 24 48 48 1-Jan-2011 48 1-Jan-2015 50 1-Jan-2065 0 1-Jan-2065 12 1-Jan-2066 (years) (years) (years) (years) (years) (years) (years) 0 2 2 4 0 4 4 (days) (days) (days) 0 730 730 Unit (months) (months) (months) (months) (months) (months) (months) (years) (years) (years) 1 (months)
Pre-development Distribution Capex Distribution
100.0% 100.0%
31-Dec-2006 0% 0%
31-Dec-2007 25% 0%
31-Dec-2008 25% 0%
31-Dec-2009 25% 0%
31-Dec-2010 25% 0%
31-Dec-2011 0% 15%
31-Dec-2012 0% 24%
31-Dec-2013 0% 42%
31-Dec-2014 0% 19%
31-Dec-2015 0% 0%
31-Dec-2016 0% 0%
31-Dec-2017 0% 0%
Energy / Plant DataPlant Data I Power Output (MW) Gross Efficiency (norm./actual) Plant Data II Gross to Net efficiency factor (LHV/HHV) Output Degradation Heat Rate Degradation Run In Period (years) Availability (first X years) Availability thereafter Data 500 46% Data 500 46% Redpoint 500 44% Spare2 0%
1.05 100.0% 100.0% Data 2 90% 90% 2 90% 90% Redpoint 2 90% 90% Spare2 0% 0%
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Input_Coal
Redpoint 1-Jan-2007 0 24 24 48 48 1-Jan-2011 48 1-Jan-2015 50 1-Jan-2065 0 1-Jan-2065 12 1-Jan-2066 (years) (years) (years) (years) (years) (years) (years) 0 2 2 4 0 4 4 (days) (days) (days) 0 730 730
Unit (months) (months) (months) (months) (months) (months) (months) (years) (years) (years) 1 (months)
Spare2 1-Jan-2007 0 24 24 48 48 1-Jan-2011 48 1-Jan-2015 1-Jan-2015 0 1-Jan-2015 12 1-Jan-2016 (years) (years) (years) (years) (years) (years) (years) 0 2 2 4 0 4 4 (days) (days) (days) 0 730 730
(years)
1
31-Dec-2018 0% 0%
31-Dec-2019 0% 0%
31-Dec-2020 0% 0%
31-Dec-2021 0% 0%
31-Dec-2022 0% 0%
31-Dec-2023 0% 0%
31-Dec-2024 0% 0%
31-Dec-2025 0% 0%
31-Dec-2026 0% 0%
31-Dec-2027 0% 0%
31-Dec-2028 0% 0%
31-Dec-2029 0% 0%
31-Dec-2030 0% 0%
31-Dec-2031 0% 0%
31-Dec-2032 0% 0%
31-Dec-2033 0% 0%
31-Dec-2034 0% 0%
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Pre-development CostsPre-development Cost ('000) Prelicensing Technical including design selection Regulatory including licensing and EIA Regulatory - public enquiry - cost per day Regulatory - public enquiry - cost Total Pre-development Costs Data 0 Data 0 0 0 0 0 0 Redpoint 0 0 0 0 0 0
Input_Coal
Spare2 0 0 0 0 0 0
Data 0% 0% 50% 50%
Data 0% 0% 50% 50%
Redpoint 0% 0% 50% 50%
Spare2 0% 0% 50% 50%
Construction CostsConstruction Cost Capital cost (/kW) Waste Disposal Cost (/kW) Infrastructure Cost (/kW) Capital Cost ('000) Land - acquisition cost ('000) Data 918 459,000 Data 918 0 459,000 Redpoint 882 0 441,000 Spare2 0 0 -
Operation & Maintenance / Other Operation CostsOperation and Maintenance Cost O&M Fee (/kW) Additional Insurance (/kW) Additional Security (/kW) Total O&M Fee (/kW) Variable O&M (/MWh) Waste Fund ('000) Decommissioning Fund ('000) Working Capital Circulation Time of Accounts Receivable (Days) Circulation Time of Accounts & Bills Payable (Days) Data 17 17 1.1 Data 17 0.0 0.0 17 1 0 0 Redpoint 31 0.0 0.0 31 2 0 0 Spare2 0.0 0.0 0 0 0
30 30
30 30
30 30
30 30
30 30
30 30
30 30
30 30
30 30
30 30
30 30
30 30
Fuel Cost Assumptions (Contract / Spot)Fuel Conversion factor Coal Cost Scenarios Coal Central Case - DTI July 2006 Coal Low Case - DTI July 2006 Coal High Case - DTI July 2006 Coal - Markal price XXX XXX XXX XXX XXX /tonne 7,277,777.78 MWht per Mtonne 31-Dec-2006 33.00 31.82 35.00 30.50 31-Dec-2007 31.54 28.66 35.58 30.50 31-Dec-2008 30.08 25.40 36.17 30.50 31-Dec-2009 28.62 22.24 36.75 30.50 31-Dec-2010 27.16 18.97 36.52 30.50 1 per 31-Dec-2011 26.94 18.56 36.52 30.50 31-Dec-2012 26.73 18.16 36.52 30.50 31-Dec-2013 26.51 17.65 36.52 30.50 Fuel Delivery Flag 0.7/MWh based on UEP model 31-Dec-2014 26.29 17.24 36.52 30.50 31-Dec-2015 26.08 16.83 36.52 30.50 Yes or No 31-Dec-2016 25.86 16.32 36.52 30.50 Yes 31-Dec-2017 25.65 15.91 36.52 30.50
1 2 3 4 5 6 7 8 9
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Selected Option 1 Coal Central Case - DTI July 2006
Coal Central Case - DTI July 2006Data
33.00 Data -
31.54
30.08 Redpoint Spare2 0 0.0 0.0 0.00
28.62
27.16
26.94
26.73
26.51
26.29
26.08
25.86
25.65
Contract Contract Period (years) Minimum Take-or-Pay Contract Amount (million tonnes) Max Contract Amount (million tonnes) Contract Price (/tonne)
0 0.0 0.0 0.00
0 0.0 0.0 0.00
Contract Assumptions (PPA)Contract Contract Period (years) Minimum Take-or-Pay Contract Amount (MWh) Max Contract Amount (MWh) Contract Price (/MWh) Power Purchase Agreement (PPA) Data 31-Dec-2006 0.00 Data 0 0.0 0.0 31-Dec-2007 0.00 Redpoint 0 0.0 0.0 31-Dec-2008 0.00 Spare2 0 0.0 0.0 31-Dec-2009 0.00 31-Dec-2010 0.00 31-Dec-2011 0.00 31-Dec-2012 0.00 31-Dec-2013 0.00 31-Dec-2014 0.00 31-Dec-2015 0.00 31-Dec-2016 0.00 31-Dec-2017 0.00
EmissionsEmissions - Operation CO2 - base plant CO2 - base plant with CCS Data Data 0.728 0.728 0.728 0.728
tCO2e/MWh tCO2e/MWh
Redpoint 0.753 0.753
Spare2 #DIV/0! #DIV/0!
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Input_Coal
30 30
30 30
30 30
30 30
30 30
30 30
30 30
30 30
30 30
30 30
30 30
30 30
30 30
30 30
30 30
30 30
30 30
31-Dec-2018 25.43 15.50 36.52 30.50
31-Dec-2019 25.22 14.99 36.52 30.50
31-Dec-2020 25.00 14.59 36.52 30.50
31-Dec-2021 25.00 14.59 36.52 30.50
31-Dec-2022 25.00 14.59 36.52 30.50
31-Dec-2023 25.00 14.59 36.52 30.50
31-Dec-2024 25.00 14.59 36.52 30.50
31-Dec-2025 25.00 14.59 36.52 30.50
31-Dec-2026 25.00 14.59 36.52 30.50
31-Dec-2027 25.00 14.59 36.52 30.50
31-Dec-2028 25.00 14.59 36.52 30.50
31-Dec-2029 25.00 14.59 36.52 30.50
31-Dec-2030 25.00 14.59 36.52 30.50
31-Dec-2031 25.00 14.59 36.52 30.50
31-Dec-2032 25.00 14.59 36.52 30.50
31-Dec-2033 25.00 14.59 36.52 30.50
31-Dec-2034 25.00 14.59 36.52 30.50
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
25.43
25.22
25.00
25.00
25.00
25.00
25.00
25.00
25.00
25.00
25.00
25.00
25.00
25.00
25.00
25.00
25.00
31-Dec-2018 0.00
31-Dec-2019 0.00
31-Dec-2020 0.00
31-Dec-2021 0.00
31-Dec-2022 0.00
31-Dec-2023 0.00
31-Dec-2024 0.00
31-Dec-2025 0.00
31-Dec-2026 0.00
31-Dec-2027 0.00
31-Dec-2028 0.00
31-Dec-2029 0.00
31-Dec-2030 0.00
31-Dec-2031 0.00
31-Dec-2032 0.00
31-Dec-2033 0.00
31-Dec-2034 0.00
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Input_Coal
Waste Fund CostsWaste Cost ('000) Capital cost (/kW) Total Decommissioning Costs Data 0 Data 0.0 0 Redpoint 0.0 0 Spare2 0.0 0
Decommissioning CostsDecomissioning Cost ('000) Capital cost (/kW) Total Decommissioning Costs Data 0 Data 0 Redpoint 0 Spare2 0
Accounting & FinanceDepreciation Plant & Machinery Buildings Capital Allowances Industrial Buildings Allowances (SL Basis) Write Down Allowances (Reducing Balance) Data Yrs % 50 Straight line 50 Straight line % 85% 15% 4% 6% Data Yrs 50 50 Data 85.0% 15.0% Method Straight line Straight line % 4.0% 6.0% Redpoint Yrs 50 50 Redpoint 85.0% 15.0% Method Straight line Straight line % 4.0% 6.0%
Data
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Input_Coal
Spare2
Yrs 0 0
Method Straight line Straight line %
Spare2 85.0% 15.0%
4.0% 6.0%
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Pre_Constr
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingPre-development Year No Pre-development Flag Proportion in Year Pre-development
Sheet Check: 0
1-Jan-2006 31-Dec-2006 0 0 0%
1-Jan-2007 31-Dec-2007 1 1 100%
1-Jan-2008 31-Dec-2008 2 1 100%
1-Jan-2009 31-Dec-2009 3 1 100%
1-Jan-2010 31-Dec-2010 4 1 100%
1-Jan-2011 31-Dec-2011 0 0 0%
1-Jan-2012 31-Dec-2012 0 0 0%
1-Jan-2013 31-Dec-2013 0 0 0%
1-Jan-2014 31-Dec-2014 0 0 0%
Pre-developmentPre-development CostPre-development Prelicensing - cost Technical including design selection Regulatory including licensing and EIA Regulatory - public enquiry - cost Total Pre-development Costs Escalated Prelicensing - cost Technical including design selection Regulatory including licensing and EIA Regulatory - public enquiry - cost Total Pre-development Costs - Escalated All Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingConstruction Year No Construction Flag Construction Start Flag Waste Disposal Flag Proportion in Year Construction
Total 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
1-Jan-2006 31-Dec-2006 0 0 0 0 0%
1-Jan-2007 31-Dec-2007 0 0 0 0 0%
1-Jan-2008 31-Dec-2008 0 0 0 0 0%
1-Jan-2009 31-Dec-2009 0 0 0 0 0%
1-Jan-2010 31-Dec-2010 0 0 0 0 0%
1-Jan-2011 31-Dec-2011 1 1 1 0 100%
1-Jan-2012 31-Dec-2012 2 1 0 0 100%
1-Jan-2013 31-Dec-2013 3 1 0 0 100%
1-Jan-2014 31-Dec-2014 4 1 0 0 100%
ConstructionConstruction CostConstruction cost Capital Cost Waste Disposal Cost Infrastructure Cost Total Construction Costs Construction Costs - Escalated Total 459,000 0 0 459,000 565,052 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 68,850 0 0 68,850 81,021 110,160 0 0 110,160 133,198 192,780 0 0 192,780 239,506 87,210 0 0 87,210 111,328
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Pre_Constr
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingPre-development Year No Pre-development Flag Proportion in Year Pre-development
Sheet Check: 0
1-Jan-2015 31-Dec-2015 0 0 0%
1-Jan-2016 31-Dec-2016 0 0 0%
1-Jan-2017 31-Dec-2017 0 0 0%
1-Jan-2018 31-Dec-2018 0 0 0%
1-Jan-2019 31-Dec-2019 0 0 0%
1-Jan-2020 31-Dec-2020 0 0 0%
1-Jan-2021 31-Dec-2021 0 0 0%
1-Jan-2022 31-Dec-2022 0 0 0%
1-Jan-2023 31-Dec-2023 0 0 0%
Pre-developmentPre-development CostPre-development Prelicensing - cost Technical including design selection Regulatory including licensing and EIA Regulatory - public enquiry - cost Total Pre-development Costs Escalated Prelicensing - cost Technical including design selection Regulatory including licensing and EIA Regulatory - public enquiry - cost Total Pre-development Costs - Escalated All Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingConstruction Year No Construction Flag Construction Start Flag Waste Disposal Flag Proportion in Year Construction
Total 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
1-Jan-2015 31-Dec-2015 0 0 0 0 0%
1-Jan-2016 31-Dec-2016 0 0 0 0 0%
1-Jan-2017 31-Dec-2017 0 0 0 0 0%
1-Jan-2018 31-Dec-2018 0 0 0 0 0%
1-Jan-2019 31-Dec-2019 0 0 0 0 0%
1-Jan-2020 31-Dec-2020 0 0 0 0 0%
1-Jan-2021 31-Dec-2021 0 0 0 0 0%
1-Jan-2022 31-Dec-2022 0 0 0 0 0%
1-Jan-2023 31-Dec-2023 0 0 0 0 0%
ConstructionConstruction CostConstruction cost Capital Cost Waste Disposal Cost Infrastructure Cost Total Construction Costs Construction Costs - Escalated Total 459,000 0 0 459,000 565,052 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
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Pre_Constr
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingPre-development Year No Pre-development Flag Proportion in Year Pre-development
Sheet Check: 0
1-Jan-2024 31-Dec-2024 0 0 0%
1-Jan-2025 31-Dec-2025 0 0 0%
1-Jan-2026 31-Dec-2026 0 0 0%
1-Jan-2027 31-Dec-2027 0 0 0%
1-Jan-2028 31-Dec-2028 0 0 0%
1-Jan-2029 31-Dec-2029 0 0 0%
1-Jan-2030 31-Dec-2030 0 0 0%
1-Jan-2031 31-Dec-2031 0 0 0%
1-Jan-2032 31-Dec-2032 0 0 0%
Pre-developmentPre-development CostPre-development Prelicensing - cost Technical including design selection Regulatory including licensing and EIA Regulatory - public enquiry - cost Total Pre-development Costs Escalated Prelicensing - cost Technical including design selection Regulatory including licensing and EIA Regulatory - public enquiry - cost Total Pre-development Costs - Escalated All Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingConstruction Year No Construction Flag Construction Start Flag Waste Disposal Flag Proportion in Year Construction
Total 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
1-Jan-2024 31-Dec-2024 0 0 0 1 0%
1-Jan-2025 31-Dec-2025 0 0 0 0 0%
1-Jan-2026 31-Dec-2026 0 0 0 0 0%
1-Jan-2027 31-Dec-2027 0 0 0 0 0%
1-Jan-2028 31-Dec-2028 0 0 0 0 0%
1-Jan-2029 31-Dec-2029 0 0 0 0 0%
1-Jan-2030 31-Dec-2030 0 0 0 0 0%
1-Jan-2031 31-Dec-2031 0 0 0 0 0%
1-Jan-2032 31-Dec-2032 0 0 0 0 0%
ConstructionConstruction CostConstruction cost Capital Cost Waste Disposal Cost Infrastructure Cost Total Construction Costs Construction Costs - Escalated Total 459,000 0 0 459,000 565,052 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
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Pre_Constr
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingPre-development Year No Pre-development Flag Proportion in Year Pre-development
Sheet Check: 0
1-Jan-2033 31-Dec-2033 0 0 0%
1-Jan-2034 31-Dec-2034 0 0 0%
Pre-developmentPre-development CostPre-development Prelicensing - cost Technical including design selection Regulatory including licensing and EIA Regulatory - public enquiry - cost Total Pre-development Costs Escalated Prelicensing - cost Technical including design selection Regulatory including licensing and EIA Regulatory - public enquiry - cost Total Pre-development Costs - Escalated All Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingConstruction Year No Construction Flag Construction Start Flag Waste Disposal Flag Proportion in Year Construction
Total 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
1-Jan-2033 31-Dec-2033 0 0 0 0 0%
1-Jan-2034 31-Dec-2034 0 0 0 1 0%
ConstructionConstruction CostConstruction cost Capital Cost Waste Disposal Cost Infrastructure Cost Total Construction Costs Construction Costs - Escalated Total 459,000 0 0 459,000 565,052 0 0 0 0 0 0 0 0 0 0
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Operation
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingOperating Year No Operational Flag Proportion in Year Operation
Sheet Check: 0
UNITS
1-Jan-2006 31-Dec-2006 0 0 0% 1-Jan-2007 31-Dec-2007 0 0 0% 1-Jan-2008 31-Dec-2008 0 0 0% 1-Jan-2009 31-Dec-2009 0 0 0% 1-Jan-2010 31-Dec-2010 0 0 0% 1-Jan-2011 31-Dec-2011 0 0 0% 1-Jan-2012 31-Dec-2012 0 0 0% 1-Jan-2013 31-Dec-2013 0 0 0%
Power ProductionPLANT PERFORMANCE
Power Generation Gross Plant Output (MW) Output Degradation Net Plant Output (MW) Available Operating Hours during the Period Overall Availability Gross Energy Generated (before auxiliary deductions) Auxiliary Power Requirement Gross Energy Generated (before auxiliary deductions) Energy Sent Out 197,229,600 193,679,467
Average during operation 100.0% MWe % MWe Hours % MWhe % 3,944,592 3,873,589 MWhe MWhe 0 0.0% 0 0 0.0% 0 1.8% 0 0 0 0.0% 0 0 0.0% 0 1.8% 0 0 0 0.0% 0 0 0.0% 0 1.8% 0 0 0 0.0% 0 0 0.0% 0 1.8% 0 0 0 0.0% 0 0 0.0% 0 1.8% 0 0 0 0.0% 0 0 0.0% 0 1.8% 0 0 0 0.0% 0 0 0.0% 0 1.8% 0 0 0 0.0% 0 0 0.0% 0 1.8% 0 0
Total 197,229,600
90.0%
Fuel Consumption Gross Efficiency % Net Efficiency % Fuel Consumption (MWht), Gross Heat Rate Degradation Fuel Consumption (MWht), Net Thermal energy to fuel energy conversion Fuel Consumption (million tonnes or million therms) Fuel Consumption (tonnes or therms)
Total
Average during operation 45.6% 43.4% 454,147,105 9,082,942 454,147,105 9,082,942
% % MWht % MWht MWht per Mtonne Mtonne tonne
0.0% 0.0% 0 0.0% 0 7,277,777.8 0.0 0
0.0% 0.0% 0 0.0% 0
0.0% 0.0% 0 0.0% 0
0.0% 0.0% 0 0.0% 0
0.0% 0.0% 0 0.0% 0
0.0% 0.0% 0 0.0% 0
0.0% 0.0% 0 0.0% 0
0.0% 0.0% 0 0.0% 0
62 62,401,892
1 1,248,038
0.0 0
0.0 0
0.0 0
0.0 0
0.0 0
0.0 0
0.0 0
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Operation
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingOperating Year No Operational Flag Proportion in Year Operation
Sheet Check: 0
UNITS
1-Jan-2014 31-Dec-2014 0 0 0%
1-Jan-2015 31-Dec-2015 1 1 100%
1-Jan-2016 31-Dec-2016 2 1 100%
1-Jan-2017 31-Dec-2017 3 1 100%
1-Jan-2018 31-Dec-2018 4 1 100%
1-Jan-2019 31-Dec-2019 5 1 100%
1-Jan-2020 31-Dec-2020 6 1 100%
1-Jan-2021 31-Dec-2021 7 1 100%
Power ProductionPLANT PERFORMANCE
Power Generation Gross Plant Output (MW) Output Degradation Net Plant Output (MW) Available Operating Hours during the Period Overall Availability Gross Energy Generated (before auxiliary deductions) Auxiliary Power Requirement Gross Energy Generated (before auxiliary deductions) Energy Sent Out 197,229,600 193,679,467
Average during operation 100.0% MWe % MWe Hours % MWhe % 3,944,592 3,873,589 MWhe MWhe 0 0.0% 0 0 0.0% 0 1.8% 0 0 500 100.0% 500 8,736 90.0% 3,931,200 1.8% 3,931,200 3,860,438 500 100.0% 500 8,784 90.0% 3,952,800 1.8% 3,952,800 3,881,650 500 100.0% 500 8,760 90.0% 3,942,000 1.8% 3,942,000 3,871,044 500 100.0% 500 8,760 90.0% 3,942,000 1.8% 3,942,000 3,871,044 500 100.0% 500 8,760 90.0% 3,942,000 1.8% 3,942,000 3,871,044 500 100.0% 500 8,784 90.0% 3,952,800 1.8% 3,952,800 3,881,650 500 100.0% 500 8,760 90.0% 3,942,000 1.8% 3,942,000 3,871,044
Total 197,229,600
90.0%
Fuel Consumption Gross Efficiency % Net Efficiency % Fuel Consumption (MWht), Gross Heat Rate Degradation Fuel Consumption (MWht), Net Thermal energy to fuel energy conversion Fuel Consumption (million tonnes or million therms) Fuel Consumption (tonnes or therms)
Total
Average during operation 45.6% 43.4% 454,147,105 9,082,942 454,147,105 9,082,942
% % MWht % MWht MWht per Mtonne Mtonne tonne
0.0% 0.0% 0 0.0% 0
45.6% 43.4% 9,052,105 100.0% 9,052,105
45.6% 43.4% 9,101,842 100.0% 9,101,842
45.6% 43.4% 9,076,974 100.0% 9,076,974
45.6% 43.4% 9,076,974 100.0% 9,076,974
45.6% 43.4% 9,076,974 100.0% 9,076,974
45.6% 43.4% 9,101,842 100.0% 9,101,842
45.6% 43.4% 9,076,974 100.0% 9,076,974
62 62,401,892
1 1,248,038
0.0 0
1.2 1,243,801
1.3 1,250,635
1.2 1,247,218
1.2 1,247,218
1.2 1,247,218
1.3 1,250,635
1.2 1,247,218
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Operation
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingOperating Year No Operational Flag Proportion in Year Operation
Sheet Check: 0
UNITS
1-Jan-2022 31-Dec-2022 8 1 100%
1-Jan-2023 31-Dec-2023 9 1 100%
1-Jan-2024 31-Dec-2024 10 1 100%
1-Jan-2025 31-Dec-2025 11 1 100%
1-Jan-2026 31-Dec-2026 12 1 100%
1-Jan-2027 31-Dec-2027 13 1 100%
1-Jan-2028 31-Dec-2028 14 1 100%
1-Jan-2029 31-Dec-2029 15 1 100%
Power ProductionPLANT PERFORMANCE
Power Generation Gross Plant Output (MW) Output Degradation Net Plant Output (MW) Available Operating Hours during the Period Overall Availability Gross Energy Generated (before auxiliary deductions) Auxiliary Power Requirement Gross Energy Generated (before auxiliary deductions) Energy Sent Out 197,229,600 193,679,467
Average during operation 100.0% MWe % MWe Hours % MWhe % 3,944,592 3,873,589 MWhe MWhe 500 100.0% 500 8,760 90.0% 3,942,000 1.8% 3,942,000 3,871,044 500 100.0% 500 8,760 90.0% 3,942,000 1.8% 3,942,000 3,871,044 500 100.0% 500 8,784 90.0% 3,952,800 1.8% 3,952,800 3,881,650 500 100.0% 500 8,760 90.0% 3,942,000 1.8% 3,942,000 3,871,044 500 100.0% 500 8,760 90.0% 3,942,000 1.8% 3,942,000 3,871,044 500 100.0% 500 8,760 90.0% 3,942,000 1.8% 3,942,000 3,871,044 500 100.0% 500 8,784 90.0% 3,952,800 1.8% 3,952,800 3,881,650 500 100.0% 500 8,760 90.0% 3,942,000 1.8% 3,942,000 3,871,044
Total 197,229,600
90.0%
Fuel Consumption Gross Efficiency % Net Efficiency % Fuel Consumption (MWht), Gross Heat Rate Degradation Fuel Consumption (MWht), Net Thermal energy to fuel energy conversion Fuel Consumption (million tonnes or million therms) Fuel Consumption (tonnes or therms)
Total
Average during operation 45.6% 43.4% 454,147,105 9,082,942 454,147,105 9,082,942
% % MWht % MWht MWht per Mtonne Mtonne tonne
45.6% 43.4% 9,076,974 100.0% 9,076,974
45.6% 43.4% 9,076,974 100.0% 9,076,974
45.6% 43.4% 9,101,842 100.0% 9,101,842
45.6% 43.4% 9,076,974 100.0% 9,076,974
45.6% 43.4% 9,076,974 100.0% 9,076,974
45.6% 43.4% 9,076,974 100.0% 9,076,974
45.6% 43.4% 9,101,842 100.0% 9,101,842
45.6% 43.4% 9,076,974 100.0% 9,076,974
62 62,401,892
1 1,248,038
1.2 1,247,218
1.2 1,247,218
1.3 1,250,635
1.2 1,247,218
1.2 1,247,218
1.2 1,247,218
1.3 1,250,635
1.2 1,247,218
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Operation
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingOperating Year No Operational Flag Proportion in Year Operation
Sheet Check: 0
UNITS
1-Jan-2030 31-Dec-2030 16 1 100%
1-Jan-2031 31-Dec-2031 17 1 100%
1-Jan-2032 31-Dec-2032 18 1 100%
1-Jan-2033 31-Dec-2033 19 1 100%
Power ProductionPLANT PERFORMANCE
Power Generation Gross Plant Output (MW) Output Degradation Net Plant Output (MW) Available Operating Hours during the Period Overall Availability Gross Energy Generated (before auxiliary deductions) Auxiliary Power Requirement Gross Energy Generated (before auxiliary deductions) Energy Sent Out 197,229,600 193,679,467
Average during operation 100.0% MWe % MWe Hours % MWhe % 3,944,592 3,873,589 MWhe MWhe 500 100.0% 500 8,760 90.0% 3,942,000 1.8% 3,942,000 3,871,044 500 100.0% 500 8,760 90.0% 3,942,000 1.8% 3,942,000 3,871,044 500 100.0% 500 8,784 90.0% 3,952,800 1.8% 3,952,800 3,881,650 500 100.0% 500 8,760 90.0% 3,942,000 1.8% 3,942,000 3,871,044
Total 197,229,600
90.0%
Fuel Consumption Gross Efficiency % Net Efficiency % Fuel Consumption (MWht), Gross Heat Rate Degradation Fuel Consumption (MWht), Net Thermal energy to fuel energy conversion Fuel Consumption (million tonnes or million therms) Fuel Consumption (tonnes or therms)
Total
Average during operation 45.6% 43.4% 454,147,105 9,082,942 454,147,105 9,082,942
% % MWht % MWht MWht per Mtonne Mtonne tonne
45.6% 43.4% 9,076,974 100.0% 9,076,974
45.6% 43.4% 9,076,974 100.0% 9,076,974
45.6% 43.4% 9,101,842 100.0% 9,101,842
45.6% 43.4% 9,076,974 100.0% 9,076,974
62 62,401,892
1 1,248,038
1.2 1,247,218
1.2 1,247,218
1.3 1,250,635
1.2 1,247,218
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Strictly Private Confidential
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingOperation Year Flag Operation Flag Proportion of Period in Operation Decomissioning Flag Proportion in Year Decommissioning Index Year Flag
Sheet Check: 0
1-Jan-2006 31-Dec-2006 0 0 0% 0 0% 1
1-Jan-2007 31-Dec-2007 0 0 0% 0 0% 2
1-Jan-2008 31-Dec-2008 0 0 0% 0 0% 3
1-Jan-2009 31-Dec-2009 0 0 0% 0 0% 4
1-Jan-2010 31-Dec-2010 0 0 0% 0 0% 5
1-Jan-2011 31-Dec-2011 0 0 0% 0 0% 6
1-Jan-2012 31-Dec-2012 0 0 0% 0 0% 7
Decommissioning
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Decommissioning
35 / (56)
Strictly Private Confidential
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingOperation Year Flag Operation Flag Proportion of Period in Operation Decomissioning Flag Proportion in Year Decommissioning Index Year Flag
Sheet Check: 0
1-Jan-2013 31-Dec-2013 0 0 0% 0 0% 8
1-Jan-2014 31-Dec-2014 0 0 0% 0 0% 9
1-Jan-2015 31-Dec-2015 1 1 100% 0 0% 10
1-Jan-2016 31-Dec-2016 2 1 100% 0 0% 11
1-Jan-2017 31-Dec-2017 3 1 100% 0 0% 12
1-Jan-2018 31-Dec-2018 4 1 100% 0 0% 13
1-Jan-2019 31-Dec-2019 5 1 100% 0 0% 14
Decommissioning
56976059.xls / 04/28/2011
Decommissioning
36 / (56)
Strictly Private Confidential
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingOperation Year Flag Operation Flag Proportion of Period in Operation Decomissioning Flag Proportion in Year Decommissioning Index Year Flag
Sheet Check: 0
1-Jan-2020 31-Dec-2020 6 1 100% 0 0% 15
1-Jan-2021 31-Dec-2021 7 1 100% 0 0% 16
1-Jan-2022 31-Dec-2022 8 1 100% 0 0% 17
1-Jan-2023 31-Dec-2023 9 1 100% 0 0% 18
1-Jan-2024 31-Dec-2024 10 1 100% 0 0% 19
1-Jan-2025 31-Dec-2025 11 1 100% 0 0% 20
1-Jan-2026 31-Dec-2026 12 1 100% 0 0% 21
Decommissioning
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Decommissioning
37 / (56)
Strictly Private Confidential
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingOperation Year Flag Operation Flag Proportion of Period in Operation Decomissioning Flag Proportion in Year Decommissioning Index Year Flag
Sheet Check: 0
1-Jan-2027 31-Dec-2027 13 1 100% 0 0% 22
1-Jan-2028 31-Dec-2028 14 1 100% 0 0% 23
1-Jan-2029 31-Dec-2029 15 1 100% 0 0% 24
1-Jan-2030 31-Dec-2030 16 1 100% 0 0% 25
1-Jan-2031 31-Dec-2031 17 1 100% 0 0% 26
1-Jan-2032 31-Dec-2032 18 1 100% 0 0% 27
1-Jan-2033 31-Dec-2033 19 1 100% 0 0% 28
Decommissioning
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Decommissioning
38 / (56)
Strictly Private Confidential
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingOperation Year Flag Operation Flag Proportion of Period in Operation Decomissioning Flag Proportion in Year Decommissioning Index Year Flag
Sheet Check: 0
1-Jan-2034 31-Dec-2034 20 1 100% 0 0% 29
Decommissioning
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Decommissioning
39 / (56)
Strictly Private Confidential
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingOperation Year Flag Operation Flag Proportion of Period in Operation Waste Disposal Spend Flag Proportion in Year Waste Storage Index Year Flag
Sheet Check: 0
1-Jan-2006 31-Dec-2006 0 0 0% 0 0% 1
1-Jan-2007 31-Dec-2007 0 0 0% 0 0% 2
1-Jan-2008 31-Dec-2008 0 0 0% 0 0% 3
1-Jan-2009 31-Dec-2009 0 0 0% 0 0% 4
1-Jan-2010 31-Dec-2010 0 0 0% 0 0% 5
1-Jan-2011 31-Dec-2011 0 0 0% 0 0% 6
1-Jan-2012 31-Dec-2012 0 0 0% 0 0% 7
Waste Disposal
56976059.xls / 04/28/2011
Waste
40 / (56)
Strictly Private Confidential
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingOperation Year Flag Operation Flag Proportion of Period in Operation Waste Disposal Spend Flag Proportion in Year Waste Storage Index Year Flag
Sheet Check: 0
1-Jan-2013 31-Dec-2013 0 0 0% 0 0% 8
1-Jan-2014 31-Dec-2014 0 0 0% 0 0% 9
1-Jan-2015 31-Dec-2015 1 1 100% 0 0% 10
1-Jan-2016 31-Dec-2016 2 1 100% 0 0% 11
1-Jan-2017 31-Dec-2017 3 1 100% 0 0% 12
1-Jan-2018 31-Dec-2018 4 1 100% 0 0% 13
1-Jan-2019 31-Dec-2019 5 1 100% 0 0% 14
Waste Disposal
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Waste
41 / (56)
Strictly Private Confidential
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingOperation Year Flag Operation Flag Proportion of Period in Operation Waste Disposal Spend Flag Proportion in Year Waste Storage Index Year Flag
Sheet Check: 0
1-Jan-2020 31-Dec-2020 6 1 100% 0 0% 15
1-Jan-2021 31-Dec-2021 7 1 100% 0 0% 16
1-Jan-2022 31-Dec-2022 8 1 100% 0 0% 17
1-Jan-2023 31-Dec-2023 9 1 100% 0 0% 18
1-Jan-2024 31-Dec-2024 10 1 100% 0 0% 19
1-Jan-2025 31-Dec-2025 11 1 100% 0 0% 20
1-Jan-2026 31-Dec-2026 12 1 100% 0 0% 21
Waste Disposal
56976059.xls / 04/28/2011
Waste
42 / (56)
Strictly Private Confidential
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingOperation Year Flag Operation Flag Proportion of Period in Operation Waste Disposal Spend Flag Proportion in Year Waste Storage Index Year Flag
Sheet Check: 0
1-Jan-2027 31-Dec-2027 13 1 100% 0 0% 22
1-Jan-2028 31-Dec-2028 14 1 100% 0 0% 23
1-Jan-2029 31-Dec-2029 15 1 100% 0 0% 24
1-Jan-2030 31-Dec-2030 16 1 100% 0 0% 25
1-Jan-2031 31-Dec-2031 17 1 100% 0 0% 26
1-Jan-2032 31-Dec-2032 18 1 100% 0 0% 27
1-Jan-2033 31-Dec-2033 19 1 100% 0 0% 28
Waste Disposal
56976059.xls / 04/28/2011
Waste
43 / (56)
Strictly Private Confidential
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingOperation Year Flag Operation Flag Proportion of Period in Operation Waste Disposal Spend Flag Proportion in Year Waste Storage Index Year Flag
Sheet Check: 0
1-Jan-2034 31-Dec-2034 20 1 100% 0 0% 29
Waste Disposal
56976059.xls / 04/28/2011
Waste
44 / (56)
Finance
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingYear Flag Project Life Flag (Start to End) Proportion of Period in Operation Years in Operation Operational Phase Flag Start of Operations Flag End of Operations Flag Project Finance Phase Flag Construction Phase Flag Construction / Operations Flag End of Decommissioning Flag
Model Check: OK
1-Jan-2005 31-Dec-2005 0 0 0% 0
1-Jan-2006 31-Dec-2006 1 0 0% 0 0 0 0 0 0 0 0
1-Jan-2007 31-Dec-2007 2 1 0% 0 0 0 0 0 0 0 0
1-Jan-2008 31-Dec-2008 3 1 0% 0 0 0 0 0 0 0 0
1-Jan-2009 31-Dec-2009 4 1 0% 0 0 0 0 0 0 0 0
1-Jan-2010 31-Dec-2010 5 1 0% 0 0 0 0 0 0 0 0
1-Jan-2011 31-Dec-2011 6 1 0% 0 0 0 0 1 1 1 0
50
0 0 0 0 0 0 0
FinanceCONSTRUCTION FINANCINGFinancing Flag Senior Debt Repayment Schedule Senior Debt Interest Rate Arrangement fee - circularity copy / paste area Calculated arrangement fee Arrangement fee used by model Difference Re-run macro? Senior Debt I Balance b/f Debt Drawdown - Principal Debt Drawdown - Arrangement Fee Total Loan Amount before Repayments Interest capitalised Senior Debt I Special Repayments Senior Debt I Repayments Balance c/f Check Interest Due Senior Debt Service Total 100.0 % 0 0.0% 6.26% 0 0.0% 6.26% 0 0.0% 6.26% 0 0.0% 6.26% 0 0.0% 6.26% 1 0.0% 6.26%
8,254 8,254 0 0
Total 395,536 8,254 63,015 0 (466,806) 0 0 (121,459)
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 56,714 8,254 64,968 4,067 0 0 69,035
0 0
0 0
0 0
0 0
0 0
(4,067) ( 4 067)
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Finance
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingYear Flag Project Life Flag (Start to End) Proportion of Period in Operation Years in Operation Operational Phase Flag Start of Operations Flag End of Operations Flag Project Finance Phase Flag Construction Phase Flag Construction / Operations Flag End of Decommissioning Flag
Model Check: OK
1-Jan-2012 31-Dec-2012 7 1 0% 0
1-Jan-2013 31-Dec-2013 8 1 0% 0 0 0 0 1 1 1 0
1-Jan-2014 31-Dec-2014 9 1 0% 0 0 0 0 1 1 1 0
50
0 0 0 1 1 1 0
FinanceCONSTRUCTION FINANCINGFinancing Flag Senior Debt Repayment Schedule Senior Debt Interest Rate Arrangement fee - circularity copy / paste area Calculated arrangement fee Arrangement fee used by model Difference Re-run macro? Senior Debt I Balance b/f Debt Drawdown - Principal Debt Drawdown - Arrangement Fee Total Loan Amount before Repayments Interest capitalised Senior Debt I Special Repayments Senior Debt I Repayments Balance c/f Check Interest Due Senior Debt Service Total 100.0 % 1 0.0% 6.26% 1 0.0% 6.26% 1 0.0% 6.26%
8,254 8,254 0 0
Total 395,536 8,254 63,015 0 (466,806) 0 0 (121,459)
69,035 93,238 0 162,274 10,158 0 0 172,432
172,432 167,654 0 340,086 21,289 0 0 361,376
361,376 77,929 0 439,305 27,500 0 0 466,806
(10,158) ( 10 158)
(21,289) ( 21 289)
(27,500) ( 27 500)
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Finance
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingYear Flag Project Life Flag (Start to End) Proportion of Period in Operation Years in Operation Operational Phase Flag Start of Operations Flag End of Operations Flag Project Finance Phase Flag Construction Phase Flag Construction / Operations Flag End of Decommissioning Flag
Model Check: OK
1-Jan-2015 31-Dec-2015 10 1 100% 1
1-Jan-2016 31-Dec-2016 11 1 100% 2 1 0 0 1 0 1 0
1-Jan-2017 31-Dec-2017 12 1 100% 3 1 0 0 0 0 1 0
1-Jan-2018 31-Dec-2018 13 1 100% 4 1 0 0 0 0 1 0
1-Jan-2019 31-Dec-2019 14 1 100% 5 1 0 0 0 0 1 0
1-Jan-2020 31-Dec-2020 15 1 100% 6 1 0 0 0 0 1 0
1-Jan-2021 31-Dec-2021 16 1 100% 7 1 0 0 0 0 1 0
50
1 1 0 1 0 1 0
FinanceCONSTRUCTION FINANCINGFinancing Flag Senior Debt Repayment Schedule Senior Debt Interest Rate Arrangement fee - circularity copy / paste area Calculated arrangement fee Arrangement fee used by model Difference Re-run macro? Senior Debt I Balance b/f Debt Drawdown - Principal Debt Drawdown - Arrangement Fee Total Loan Amount before Repayments Interest capitalised Senior Debt I Special Repayments Senior Debt I Repayments Balance c/f Check Interest Due Senior Debt Service Total 100.0 % 1 0.0% 6.26% 1 0.0% 6.26% 1 100.0% 6.26% 1 0.0% 6.26% 1 0.0% 6.26% 1 0.0% 6.26% 1 0.0% 6.26%
8,254 8,254 0 0
Total 395,536 8,254 63,015 0 (466,806) 0 0 (121,459)
466,806 0 0 466,806 0 0 0 466,806
466,806 0 0 466,806 0 0 0 466,806
466,806 0 0 466,806 0 0 (466,806) 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
(29,222) ( 29 222)
(29,222) ( 29 222)
0 ( 466 806)
0 0
0 0
0 0
0 0
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Finance
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingYear Flag Project Life Flag (Start to End) Proportion of Period in Operation Years in Operation Operational Phase Flag Start of Operations Flag End of Operations Flag Project Finance Phase Flag Construction Phase Flag Construction / Operations Flag End of Decommissioning Flag
Model Check: OK
1-Jan-2022 31-Dec-2022 17 1 100% 8
1-Jan-2023 31-Dec-2023 18 1 100% 9 1 0 0 0 0 1 0
1-Jan-2024 31-Dec-2024 19 1 100% 10 1 0 0 0 0 1 0
1-Jan-2025 31-Dec-2025 20 1 100% 11 1 0 0 0 0 1 0
1-Jan-2026 31-Dec-2026 21 1 100% 12 1 0 0 0 0 1 0
1-Jan-2027 31-Dec-2027 22 1 100% 13 1 0 0 0 0 1 0
50
1 0 0 0 0 1 0
FinanceCONSTRUCTION FINANCINGFinancing Flag Senior Debt Repayment Schedule Senior Debt Interest Rate Arrangement fee - circularity copy / paste area Calculated arrangement fee Arrangement fee used by model Difference Re-run macro? Senior Debt I Balance b/f Debt Drawdown - Principal Debt Drawdown - Arrangement Fee Total Loan Amount before Repayments Interest capitalised Senior Debt I Special Repayments Senior Debt I Repayments Balance c/f Check Interest Due Senior Debt Service Total 100.0 % 1 0.0% 6.26% 1 0.0% 6.26% 1 0.0% 6.26% 1 0.0% 6.26% 1 0.0% 6.26% 1 0.0% 6.26%
8,254 8,254 0 0
Total 395,536 8,254 63,015 0 (466,806) 0 0 (121,459)
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0
0 0
0 0
0 0
0 0
0 0
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Strictly Private Confidential
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingYear No Proportion in Year Operation
Model Check: OK
1-Jan-2006 31-Dec-2006 1 0%
1-Jan-2007 31-Dec-2007 2 0%
1-Jan-2008 31-Dec-2008 3 0%
1-Jan-2009 31-Dec-2009 4 0%
1-Jan-2010 31-Dec-2010 5 0%
1-Jan-2011 31-Dec-2011 6 0%
1-Jan-2012 31-Dec-2012 7 0%
1-Jan-2013 31-Dec-2013 8 0%
1-Jan-2014 31-Dec-2014 9 0%
IndexationINDICESINDEX VALUES Indeces / I (2006) RPI INDEX FACTORS Index Factors / I (2006) RPI
2.75%
2.75%
2.75%
2.75%
2.75%
2.75%
2.75%
2.75%
2.75%
1
1.028
1.056
1.085
1.115
1.145
1.177
1.209
1.242
1.277
56976059.xls / 04/28/2011
Index
49 / (56)
Strictly Private Confidential
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingYear No Proportion in Year Operation
Model Check: OK
1-Jan-2015 31-Dec-2015 10 100%
1-Jan-2016 31-Dec-2016 11 100%
1-Jan-2017 31-Dec-2017 12 100%
1-Jan-2018 31-Dec-2018 13 100%
1-Jan-2019 31-Dec-2019 14 100%
1-Jan-2020 31-Dec-2020 15 100%
1-Jan-2021 31-Dec-2021 16 100%
1-Jan-2022 31-Dec-2022 17 100%
1-Jan-2023 31-Dec-2023 18 100%
IndexationINDICESINDEX VALUES Indeces / I (2006) RPI INDEX FACTORS Index Factors / I (2006) RPI
2.75%
2.75%
2.75%
2.75%
2.75%
2.75%
2.75%
2.75%
2.75%
1
1.312
1.348
1.385
1.423
1.462
1.502
1.544
1.586
1.630
56976059.xls / 04/28/2011
Index
50 / (56)
Strictly Private Confidential
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingYear No Proportion in Year Operation
Model Check: OK
1-Jan-2024 31-Dec-2024 19 100%
1-Jan-2025 31-Dec-2025 20 100%
1-Jan-2026 31-Dec-2026 21 100%
1-Jan-2027 31-Dec-2027 22 100%
1-Jan-2028 31-Dec-2028 23 100%
1-Jan-2029 31-Dec-2029 24 100%
1-Jan-2030 31-Dec-2030 25 100%
1-Jan-2031 31-Dec-2031 26 100%
1-Jan-2032 31-Dec-2032 27 100%
IndexationINDICESINDEX VALUES Indeces / I (2006) RPI INDEX FACTORS Index Factors / I (2006) RPI
2.75%
2.75%
2.75%
2.75%
2.75%
2.75%
2.75%
2.75%
2.75%
1
1.674
1.720
1.768
1.816
1.866
1.918
1.970
2.025
2.080
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Index
51 / (56)
Strictly Private Confidential
CoalAll Values in '000s Unless Otherwise Indicated / Yearly Basis Annual Period Starting Annual Period EndingYear No Proportion in Year Operation
Model Check: OK
1-Jan-2033 31-Dec-2033 28 100%
1-Jan-2034 31-Dec-2034 29 100%
IndexationINDICESINDEX VALUES Indeces / I (2006) RPI INDEX FACTORS Index Factors / I (2006) RPI
2.75%
2.75%
1
2.137
2.196
56976059.xls / 04/28/2011
Index
52 / (56)
0Copy No. 001
New Build Evaluation ModelPulverised Fuel CoalFinancial Model Version:Version 2006
0Preparation Date:
April 28, 2011
- The use of Financial Model is Subject to the Disclaimer -
0Pulverised Fuel Coal
Report W/sheetHeader / Footer Titles CenterHeader Left Footer CenterFooter RightFooter
worksheet name filename date page / (pages)
&A &F &D &P / (&N)
0 Name Cover Page Disclaimer Financial Model Structure Summary (Key Input & Results) Sensitivity Table Graphs Levelised Costs Decommissioning Waste ------------------------------Main Assumptions Assumptions / Coal -----------------------------Predevelopment Construction -----------------------------Plant Performance Power Revenue / PPA Power Revenue / Market -----------------------------Fuel Calc. (Spot & GSA) Other Volume Rel. Costs Non-Volume Rel. Costs Power/Fuel, Oper Margins -----------------------------Interest During Construction -----------------------------Indices -----------------------------Area Name
1
2 Worksheet Cover Disclaimer Structure Smry Sensit Graphs Levelised costs Decommissioning Waste Input_Main Input_Coal Pre_Constr Pre_Constr Operation Operation Operation Operation Operation Operation Operation Finance Index
3 (L)and / (P)ortrait L L L L L L L L L L L L L L L L L L L L L L
4 Zoom 75 75 65 66 73 70 73 73 73 55 55 64 64 64 64 64 64 60 64 64 64 64
5 HorizCenter? FALSE TRUE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE
6 VertiCenter? FALSE TRUE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE FALSE
7 CenterHeader FALSE FALSE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE
8 LeftFooter FALSE FALSE FALSE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE
9 CenterFooter FALSE FALSE FALSE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE
Prt_Cover Prt_Disclaimer Prt_FMStruc Prt_Smry Prt_SensitTable Prt_Chart Prt_LevelisedCosts Prt_Decom Prt_Waste Prt_InputMain Prt_Coal Prt_Predev Prt_Construction Prt_PlantPerform Prt_PowerRevPPA Prt_PowerRevMerchant Prt_Fuel1 Prt_OtherVolRelCosts Prt_NonVolRelCost Prt_OperMargins Prt_IDC Prt_Indices
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10 RightFooter FALSE FALSE FALSE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE
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