Article Sidebar
Published:
Feb 14, 2024DOI:
10.4314/njt.v42i4.8Keywords:
Article Details
Copyright belongs to the Faculty of Engineering, University of Nigeria, Nsukka, Nigeria
The contents of the articles are the sole opinion of the author(s) and not of NIJOTECH.
NIJOTECH allows open access for distribution of the published articles in any media so long as whole (not part) of articles are distributed.
A copyright and statement of originality documents will need to be filled out clearly and signed prior to publication of an accepted article. The Copyright form can be downloaded from https://www.nijotech.com/downloads/COPYRIGHT%20FORM.pdf while the Statement of Originality is in Statement of Originality.pdf (nijotech.com)
For articles that were developed from funded research, a clear acknowledgement of such support should be mentioned in the article with relevant references. Authors are expected to provide complete information on the sponsorship and intellectual property rights of the article together with all exceptions.
It is forbidden to publish the same research report in more than one journal.
Main Article Content
Assessment of the feasibility of Aku small hydropower project using RETscreen Energy Model Software
Abstract
The RETScreen 4 software was used in this study to conduct the analysis to determine the viability of the river Aku hydropower plant in Uturu, Abia State. The study was carried out using data from Ivo river dam authority, previous studies and literatures. The result of the study showed that the Aku river could generate an annual energy of 6,434,000kWh and will be able to payback its project cost at 6.3 years. The estimated annual GHG reduction of the project stood at 4,310.7tCo2 an equivalent of 1,852,317 litres of gasoline not used. The sensitivity/risk analysis indicated that electricity export rate (electricity sales price), initial cost and debt interest rate impacted the project profitability the most in that order. The project NPV is sensitive to both the debt interest rate and the initial cost of the project as variation in cost above 30% will throw the project into a negative NPV. In the light of the available information, the project is feasible if implemented.
