Feasibility Study On Combined Heat And Power Production Project In Q County,Hainan Province

Cogeneration,or combined heat and power production,is suitable for industrial users who require large electricity as well as heat,to reduce energy and environmental impact.Cogeneration project formed an important branch of power industry,in the process of project evaluation in recent years,cogeneration project economic evaluation are increasingly reflect characteristics different from that of the general power projects.Investment project feasibility study refers to the project investment decision-making stage,the proposed project of the comprehensive technical and economic analysis,it is the main content and method of project investment preparation,is an important part of the investment project cycle is suggested in the global.In this paper,the research on gas combined heat and power production project proposed by H power company is carried out to determine that the investment project is sufficiently valuable to help investors make decisions.This article adopts the method of combining theory and case,with the survey method,literature review method,statistical analysis method,from the project summary of basic situation,combined with local natural gas supply and heat load analysis,analyze the feasibility of the project market;Then the technical feasibility of the project was analyzed in depth according to the technical conditions,fuel quality and the layout of the main plant.Finally,Comprehensive analysis of investment estimation and financial evaluation indicators,analyze the financial viability of the project.The conclusions are as follows:(1)Positive market research prospects.With hot concentrated load in the park and the boiler,the boiler total evaporation is big,has the condition of central heating,urgent need to build the corresponding central heating heat source point,comprehensive solution to the problem of large area high energy consumption,pollution,in order to improve the regional ecological environment and investment environment.(2)Engineering technology is feasible.The project chooses the cogeneration unit to adapt to the fuel quality of this project,and the external environment change has little effect on the factory.(3)Reasonable investment estimation.The project has a static investment of 2883.59 million yuan,the project dynamic investment is 2983.81 million yuan,and the production flow capital of the project is 76.19 million yuan,and the total project plan is 3060.52 million yuan,and the estimated investment is in line with the actual project.(4)Good financial evaluation.During the operation period,the economic indicators are in line with the relevant regulations of the state and the industry.When the production capacity utilization reaches 77.56%,the project income is equal to the total cost,which is equal to the profit and loss balance.The break-even point of the project is moderate,indicating that the project has certain anti-risk ability.Although the paper studied the single project case of the H power company,but it has certain enlightenment to the same industry power investment,and also provides reference for the feasibility study of this kind of project.