AFROTÜRK

 

                             

                                  TÜRKÇE  ENGLISH

Membership
User Name
Password

ENERGY

GENERAL SUMMARY

A) SEGMENT : Renewable Energy

B) PROJECT NAME: SEFA™ (Solar Electricity For Africa©)

C) PURPOSE: To solve Africa’s electricity problem through renewable energy sources by using high technologies and carry out the industrial planning.

D) SLOGAN: Sustainable development is possible only through production ( industry ) and production is possible only via clean, cheap and continious electricity.

E) INVESTMENT METHODOLOGIES:

1. Low Carbon Circular Economy

2. Clean Development Mechanisms

3. Impact Investing

4. BoP(Base of the pyramid) and IM (Inclusive market) development

F) LOGICAL FRAME AND THE VALUE: We divide main characteristics of SEFA™ into 3 divisions.Energy plants CONSTRUCTION, production & sale the electricity (PPA) and involve in emission trading system (ETS) 

1. CONSTRUCTION: Africa's total electricity need has been calculated as 182,500,000 MW; due to 0.50 kWh per person absolute daily usage. Please note that this is the urgent parameter with considering the Africa as BoP-Base Of the Pyramid. (Attention Please: Due to IM-Inclusive Market approach it should be 3,358,000,000 MW ) 

**All calculations in below figures are done according to Hybrid Solar Updraft Tower (H/SUT) technology formation. 

Then : 82,207 MW power H/SUT plants annually produce 182,500,000 MW electricity (BoP approach) and 1,509,335 MW power H/SUT plants produce 3,358,000,000 MW electricity (IM approach). So: 

The nominal commercial value for BoP approach is 82,207 MW X € 2,000/kWh (cost)= € 164,414,000,000

The nominal commercial value for IM approach is 1,509,335 MW X € 2,000/kWh (cost)= € 3,018,670,000,000 

2. PPA: Generaly the African governments prefer Build-Operate-Transfer method and issues Power Purchase Agreements as guarantee with 20 years maturity. 

[BoP] =>182,500,000 MW X € 0,18 kWh = € 32,850,000,000/year X 20 years= € 657,000,000,000

[IM] =>3,358,000,000 MW X € 0,18 kWh = € 604,440,000,000/year X 20 years=€ 12,088,800,000,000 

3. ETS: The calculation done according to comparision of diesel consumption and related Co2 emission. Also the volume of derivative instruments of climate finance are not calculated here.Ony Emission Trading System/Offset approach is considered. 

[BoP]=> 182,500,000 MW power produced by H/SUT plants cause 145,543,750 MT Co2 saving. In other meaning; 145,543,750 ERs (emission reduction certificates) which market value due to current prices (€10) is € 1,455,437,500

[IM] => 3,358,000,000 MW power produced by H/SUT plants cause 2,678,005,000 MT Co2 saving. In other meaning; 2,678,005,000 ERs (emission reduction certifcates) which market value due to current prices (€10) is € 26,780,050,000

…0… 

So the total financial volume of logical frame work is € 822,869,437,500 due to BoP Approach; and € 15,134,250,050,000 due to IM Approach. Please note that these figures are in regards of simple renewable-electricity market potential of Africa ( Note1: 20 years old calculation Note 2: Futuristic values of ETS have not been calculated) 

G) SUMMARISED IMPACTS:

1. ECONOMICAL: Sustainable development, measurable investings, well planned growth, circular industrialisation, high-tech mechanisation, settlement of financial derivatives, IM from BoP, prosperity

2. SOCIAL: Rising qualification at; education, governance, medical, communication and labour standards

3. ENVIRONMENTAL: Protection of natural resources and life, mitigation. 

SUMMARY ABOUT START-UP 

H) TECHNOLOGY: H/SUT ( Hybrid Solar Updraft Tower ) patented by Solarwall Turkey ( Yeni Enerji Sistemleri Teknoloji ve Sanayi AS)


I) CONSORTIUM:

1. AfroTurk Business Council B-Corp: Responsible for governmental contracts and all coordinations of SEFA™

2.  Solarwall Group (www.solarwall.com): Responsible for EPC process of H/SUT plants

K) CAPACITY: Each 50 MW H/SUT produces 111,241,012 kWh/year electricity with 24 hours ongoing principal.

L) ESTIMATED PRELIMINARY DESIGN AFTER APROVAL: 10 months

M) ESTIMATED CONSTRUCTION TIME AFTER PRELIMINARY DESIGN: 36 months

N) ESTIMATED COMMISSIONING TIME AFTER COMPLETING CONSTRUCTION: 3 months

O) TOTAL TIME BEFORE SELLING ELECTRICITY: 49 months (circa 4 years)

P) TOTAL EPC PRICE OF EACH 50 MW POWER H/SUT: € 101,000,000

Q) CONTRACT MODELLING: 20 years Build Operate Transfer (BOT) with Power Purchase Agreement (PPA) including MIGA insurance guarantee.

R) TOTAL PPA INCOME AFTER circa/4 YEARS CONSTRUCTION PERIOD: € 0,18/kWhsale price X 111,241,012 kWh annual electricity production : € 20,023,383/year X 16 years electricity sale due to 20 years BOT agreement: € 320,374,128

** Increasing of the electricity prices was not considered

S) RETURN OF INVESTMENT: 4 years (construction time) + 5 years= 9 years

T) PROFIT: € 220,257,213 (the sum of 10th,11th…20th years) 

** Related financial calculations due to touristical usage of the tower are not included 

U) ANNUAL CO2 SAVING: We made C02 saving calculation due to fuel oil exemption because target countries supply electricity mostly through diesel generators. Each diesel generator expends 250 gram / kWh diesel fuel. According to CO2 Footprint approach diesel fuel is equal to 3,19 kg CO2 kg / fuel oil 

So, every 50 MW H/SUT Plant saves 88,175 MT CO2 in every year !

V) TARGETS:

1. Activation of component factory in Turkey

2. Vocational certificated-training for Africans regarding the project

3. Microcredits for African artisans regarding the Project

4. Issuing the VERs of the Project and trade in ETS



SUT-1-

SEFA NIGER

Prime Minister

Prime Minister

Nigelec

Minister

Office

Ministry

Ministry

Ministry

News
ATASA IS OUR PLEDGE FOR AGENDA 2063
Date: 03/12/2013
Agenda 2063 is both a Vision and an Action Plan. It is a call for action to all segments of Africa... Read next
NEW APPROACH
Date: 31/08/2013
Africa Turk Association’s mission was being social, cultural and economical bridge between A... Read next

   All News
Articles
Share
Facebook  Twitter  Stumbleupon  Delicious  Google

Content RSS - NEWS RSS

Hosting: Omn Portal