108 MW Demo Project
PCV’s industry demonstration project is aimed to address the key issues facing the electric power industry over the next decade – the innovation of utility scale renewable base load generation.
Household supply impact: The demonstration project is based on the basic NewHYDRO™ 108 MW unit, which is estimated to be capable to supply 155,000 Australian homes (or about 1.7% of Australian homes). The average Australian household uses about 16 kWh per day, source: Australian Bureau of Statistics (“ABS”), 1995.
CO2 emissions reduction impact: In 2003, the ABS estimated Australia’s net greenhouse gas emissions across all sectors at a total of 550 million tonnes of carbon dioxide equivalent. In 2001, the ABS estimated Australian households accounted for about 17% of the country’s greenhouse gas emissions through household electricity use. At 2010 ABS estimates show there are about 9 million households in Australia. Each household can be said to emit 61.1 tonnes of CO2 equivalent per year. Therefore, PCV’s 108 MW Demo Project would save 9,470,500 tonnes of CO2 emissions annually.
Fast tracking development pathway: Rather than taking the traditional business as usual approach of developing technology over a decade or longer, CO2 reduction demands fast tracking of large-scale demonstrations to gain market acceptance. PCV’s role is to develop the collaborative environment for technology development, integration and application. Our NewHYDRO™ Grid-Connected Demonstration Project Information Sheet is available for download by clicking here.
Industry participants and professional investors can access due diligence documents by registering – to register click here.
Renewable Energy Power Plant Development Template
We are currently advanced in our planning to establish Renewable Energy Power Station assets in Australia based on this template. Once fully developed this template will serve as the basis for expanding business activities worldwide. To demonstrate the financial productivity and superior efficiency of our Hydro-hybrid technology the tables below do not include uncapped financial incentives under the Australian Government Renewable Energy Certificates Scheme. Available financial incentives in addition to the profits forecast below can be found in the Australian Government sponsored report “Impacts of Changes to the Design of the Expanded Renewable Energy Target“.
The Annual Inputs and Outputs and Income data for one 30 kW per second unit are given below:
Discussions are now open with parties interested to sponsor Renewable Energy Power Station project companies. For further details click here.
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