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Capital cost (£/kW) | Life-cycle cost (£/kWh generated) | Expected service life (years) | |
300kW biomass boiler to BS EN 303-5; fuel: wood pellets @ 3.5p/kWh; running 3,500 hours/year | 400-700 | 0.025 (0.052) | 15-25 |
300kW biomass boiler to BS EN 303-5; fuel: wood pellets @ 3.0p/kWh; running 7,000 hours/year | 450–750 | 0.020 (0.041) | 15-25 |
1MW biomass heating system; fuel: woodchip @ 2.0p/kWh; running 7,000 hours/year | 300-500 | 0.013 (0.027) | 15-25 |
Table notes A discount rate of 3% is used to calculate net present values; non-discounted values are given in brackets. Costs are indicative. In practice, local and site conditions have a strong influence on costing. Water supply costs are excluded. The capital costs exclude any grants or financial benefits. Life-cycle costs include maintenance, servicing, major overhaul, allowances for electricity, component replacement and repairs and the cost of fuel. There is no allowance for fuel inflation. Life-cycle costs are indicative and are based on the average of capital costs and service lives. A cost analysis based on project specific information is essential for a realistic best value appraisal. |