Table 4 Discounted cash flow analysis parameters
From: Techno-economic potential of bioethanol from bamboo in China
Parameters | Value |
|---|---|
Plant life | 30 years |
Discount rate | 10% |
Financing | 40% equity |
Loan terms | 10-year loan at 8% APR |
General plant depreciation | 200% declining balancea |
General plant recovery period | 7 years |
Steam plant depreciation | 150% declining balance |
Steam plant recovery period | 20 years |
Construction period | 3 years |
0–12 months | 8% of project cost |
12–24 months | 60% of project cost |
24–36 months | 32% of project cost |
Working capital | 5% of fixed capital investment |
Start-up time | 3 months |
Revenues during start-up | 50% |
Variable costs incurred during start-up | 75% |
Fixed costs incurred during start-up | 100% |