Technical-Economic Report in Saint-Raphaël, Quebec
Equinox Construction Services (ECS) was mandated by a private Corporation to develop a Technical-Economic Report regarding the potential purchase of the Arthurville Hydropower Station. The potential owner was interested in confirming the generation capacity of the existing turbines as well as probable OPEX and CAPEX investments that would be required in the short term. A site investigation was therefore carried out as well as a 3D scan, in order to assess the costs that the potential buyer would need to allow for.
ECS assessed and reviewed all the factors required to develop the station’s generation capacity through an energy model, a financial model, the scheduling and permitting requirements, as well as the proposed cost of the power sold.
ECS provided the technical report and counseled the client on the best course of action moving forward.
- Technical-economic assessment
- Energy modeling
- Financial modeling
- Generation capacity assessment
- CAPEX/OPEX assessment
- Site inspection and 3D scan
- Rehabilitation planning
- Scheduling and permitting
- Power pricing analysis
- Project cost assessment
Timeline
December 2023 to January 2024
Cost
Confidential
Professional fees
$12,000
The Challenge: Establishing the Station’s Generation Potential
One of the main challenges of the mandate was accurately estimating the efficiency and production capacity of the existing turbines based on the available technical information and site conditions.
ECS was required to review the station’s hydrology, assess the existing generation capacity, and develop energy models using both in-house tools and RETScreen. The assessment also included a detailed site inspection and 3D scan to support the evaluation of the existing infrastructure and equipment.
In parallel, ECS reviewed the expected OPEX and CAPEX requirements, developed a CAPEX investment schedule, and assessed the scheduling and permitting requirements associated with the project. A financial analysis was also conducted to support the overall economic assessment.
ECS consolidated the findings into a Technical Report for the potential buyer and reviewed the key considerations and next steps to support the client's decision-making process.
Intervention by Equinox Construction Services
Equinox Construction Services developed a Technical-Economic Report for a private corporation assessing the potential acquisition of the Arthurville hydroelectric station.
ECS carried out the hydrology review, the energy and financial modeling, the generation capacity assessment, the site inspection and 3D scanning, as well as the OPEX and CAPEX cost review, the investment scheduling, and the permitting requirements.
ECS consolidated the technical and financial analyses into a comprehensive report for the potential buyer and provided guidance on the key considerations and next steps for the potential acquisition.
Services Provided
- Hydrology review
- Energy modeling with in-house as well as RETScreen models
- Assessment of generation capacity
- Financial analysis
- Site inspection and 3D scan
- OPEX and CAPEX cost review
- CAPEX investment schedule
- Scheduling and permitting requirements
- Preparation of a Technical Report for the potential buyer
- Review of the client's next steps
Team
Additional Resources
Printable project sheet