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Please use this identifier to cite or link to this item: http://hdl.handle.net/11129/3279

Title: A cost benefit analysis of a reverse osmosis desalination plant with and without advanced energy recovery devices
Authors: Jenkins, Glenn
Abbasighadi, Alaleh
Eastern Mediterranean University, Faculty of Business and Economics Department of Banking and Finance
Keywords: Banking and Finance
Saline water conversion--Economic aspects.
Seawater desalination
Energy recovery device
levelized cost of production
Cost reduction
North Cyprus
pecific energy consumption (SEC)
Issue Date: Feb-2013
Publisher: Eastern Mediterranean University (EMU) - Doğu Akdeniz Üniversitesi (DAÜ)
Citation: Tehrani, Amir Ehsan. (2013) . A cost benefit analysis of a reverse osmosis desalination plant with and without advanced energy recovery devices. Thesis (M.S.), Eastern Mediterranean University, Institute of Graduate Studies and Research, Dept. of Banking and Finance, Famagusta: North Cyprus. .
Abstract: In recent decades seawater desalination has represented reliable and perhaps financially attractive technology to overcome water scarcity. The largest problem with this solution for solving water shortage is the cost of seawater desalination and the main portion of the total cost of desalination of water is energy consumption. One of the efficient approaches to decrease specific energy consumption is using an energy recovery device (ERDs). The total operating cost of desalination plant will considerably decrease in order to using this technology. Due to this reduction levelized cost of water (LCOW) is also decline. The aim of this study was to evaluate financially the installation of an energy recovery device on a seawater reverse osmosis desalination plant in North Cyprus. The plant is designed to have daily capacity of 66000 m3 of fresh drinking water. In this study the specific energy consumption and levelized cost of production for the base case scenario (seawater desalination plant without energy recovery device) and the incentive scenario (seawater desalination plant with energy recovery device) were conducted to illustrate the impact of an energy recovery device on seawater desalination plant. We performed a financial analysis from the owner’s point of view and the banker’s point of view to determine the feasibility and sustainability of the project under scenario II (seawater desalination plant with ERDs) to determine if it is a good way to reduce desalination cost and total and variable levelized cost of production. Keywords: Seawater desalination, Energy recovery device, levelized cost of production, Specific energy consumption (SEC), Cost reduction, North Cyprus.
ÖZ: Son yıllarda deniz suyu arıtma yöntemi, su kıtlığını aşmak için güvenilir bir yol olup, mali açıdan da çok çekici olmaya başlamış bir teknolojidir. Su sıkıntısını çözmek için en büyük problem, deniz suyu arıtma-su arındırılması toplam maliyeti ve enerji tüketimidir. Spesifik enerji tüketimini azaltmak için etkili yaklaşımlardan biri de enerji geri kazanım cihazı kullanmaktır (ERDs). Deniz suyu arıtma tesisi toplam işletme maliyetini önemli ölçüde bu teknolojiyi kullanarak azaltacaktır. Bu azalma nedeniyle, suyun maliyetinde (LCOW) de azalma olacaktır. Bu çalışmanın amacı, Kuzey Kıbrıs'ta bir deniz suyu arıtma tesisi ve enerji geri kazanım aletini değerlendirmektir. Bu tesis, 66000 m3 içme suyu kapasitesine sahiptir. Bu çalışmanın esas senaryosu (Enerji geri kazanım cihazı olmadan deniz suyu arıtma tesisi) ve teşvik senaryosunda (Enerji geri kazanım cihazı ile deniz suyu arıtma tesisi) spesifik enerji tüketimi ve deniz suyu arıtma tesisi ile ilgili bir enerji geri kazanım aleti etkisini göstermekdir. Biz de mali analizini yaptık; değere getirilmiş maliyet azaltmak için ve iyi bir yol olup olmadığını anlamak için II. senaryo (ERDs ile deniz suyu arıtma tesisi) altında projenin fizibilite ve sürdürülebilirliğini belirlemeye çalıştık. Anahtar Kelimeler: Deniz suyu tuzdan arındırma, enerji geri kazanım cihazı, üretim, Spesifik enerji tüketimi (SEC) Değere Getirilmiş Maliyet, Maliyet azaltma, Kuzey Kıbrıs.
Description: Master of Science in Banking and Finance. Thesis (M.S.)--Eastern Mediterranean University, Faculty of Business and Economics, Dept. of Banking and Finance, 2013. Supervisor: Prof. Dr. Glenn Jenkins.
URI: http://hdl.handle.net/11129/3279
Appears in Collections:Theses (Master's and Ph.D) – Business and Economics

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