Community Energy Project: Wind Farm Report - North East England

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Added on  2022/09/18

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This report details a community energy project focused on building a wind farm for power generation in coastal North East England. The project involves a team of experts in mechanical, energy, and transport engineering, among others. The report covers project assumptions, including resource availability and stakeholder cooperation, along with the application of project management techniques such as Gantt charts, Work Breakdown Structures, and RACI matrices. It also presents a SWOT analysis and discusses project justification through cash flow and NPV analysis over a 20-year operational life. The project's success hinges on factors like political regulations, economic conditions, social trends, and technological advancements. The report also includes a PESTLE analysis to assess external factors influencing the project's viability. The report aims to provide a comprehensive overview of the project's planning, execution, and financial viability.
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ENGINEERING PROJECT
MANAGEMENT
Community Energy Project for Power Generation
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USE OF THE INFORMATION
PROVIDED AND ASSUMPTIONS MADE
The project is about to build community energy project for power
generation with the utilisation of wind turbines to serve the local
communities in either of the selected 5 locations. These locations
include the coastal part of North East England, Offshore in North
Sea, over the hills in the Pennines, across the formula and in the
midlands and on mountain tops in the Scottish Highlands. The
project team is a working group of about five to six people with
having mixed expertise (Kerzner 2017). The expertise include
mechanical engineering, energy or electrical engineering,
transport engineering, supply chain management and financial
accounting. The total operation life of the project is 20 years.
The selected location is Coastal part of North east England.
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THE PROJECT ASSUMPTIONS
The resources required for the project would be available at all times
During the period of the project development, keep liver would be available
during the rainy season.
All stakeholders would be available for contacting at any point of time during
the working hours (Zareei 2018).
The project team members have all the required skills for the development of
the energy project of power generation with wind turbines for serving the local
community (Mohan 2018).
The local community would not have any problems in the development of the
project.
The government would ensure the project team and the executives of the
organisation with a proper permission for carrying out with the development in
construction project (Jupp 2017)
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APPLICATION OF PROJECT
MANAGEMENT
TECHNIQUES/METHODS
SWOT
ANALYSIS
Strength Weakness
The project is an advance project with inclusive
workforce stimulation. The project develop the
knowledge about subcontractors and at the
same time has a skilful work team which is
looking forward to providing support to the
people within the areas already discussed. It is
trying to serve the local community by building
the power generation using wind turbine.
The weakness of the project is the uncertainty
about the location in which the particular
construction is about to happen as there is
discussion about several areas amongst five
specific locations that needs to be decided
upon. On the other hand the project is lasting
over 20 years which provides an extensive
overview.
Opportunities Threat
The opportunities for this project are immense
as it requires the development of the wind
turbines for producing energy and helping the
local community which is an innovative project.
The threats for this project includes the
weather conditions that might affect the
overall working condition of the wind turbines
for producing energy and also the extensive
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PROJECT PLANNING – GANTT CHART
Figure 1: Gantt chart
(Sources: Created by the Author)
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PROJECT PLANNING – WORK
BREAKDOWN STRUCTURE
Figure 2: Work Breakdown Structure
(Source: Created by the Author)
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RACI MATRIX
R = Responsible
A = Accountable
C = Consulted
I = Informed
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CASH FLOW AND NPV
Location:
Coastal part of
North east
England
Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10Year 11Year 12Year 13Year 14Year 15Year 16Year 17Year 18Year 19Year 20
Initial
Investment
£
10,00,000.
00
Operation &
maintenance
(O&M)
£
5,000.0
0
£
5,000.00
£
5,000.0
0
£
5,000.0
0
£
5,000.0
0
£
5,000.00
£
5,000.00
£
5,000.0
0
£
5,000.0
0
£
5,000.0
0
£
5,000.0
0
£
5,000.0
0
£
5,000.0
0
£
5,000.0
0
£
5,000.0
0
£
5,000.0
0
£
5,000.0
0
£
5,000.0
0
£
5,000.0
0
£
5,000.0
0
Household
Demand 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000
Supply 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000 600000
Electricity Price
£
90,000.
00
£
90,000.0
0
£
90,000.
00
£
90,000.
00
£
90,000.
00
£
90,000.0
0
£
90,000.0
0
£
90,000.
00
£
90,000.
00
£
90,000.
00
£
90,000.
00
£
90,000.
00
£
90,000.
00
£
90,000.
00
£
90,000.
00
£
90,000.
00
£
90,000.
00
£
90,000.
00
£
90,000.
00
£
90,000.
00
Feed in Tariff
£
30,000.
00
£
30,000.0
0
£
30,000.
00
£
30,000.
00
£
30,000.
00
£
30,000.0
0
£
30,000.0
0
£
30,000.
00
£
30,000.
00
£
30,000.
00
£
30,000.
00
£
30,000.
00
£
30,000.
00
£
30,000.
00
£
30,000.
00
£
30,000.
00
£
30,000.
00
£
30,000.
00
£
30,000.
00
£
30,000.
00
Total Cash
inflow
£
55,000.
00
£
55,000.0
0
£
55,000.
00
£
55,000.
00
£
55,000.
00
£
55,000.0
0
£
55,000.0
0
£
55,000.
00
£
55,000.
00
£
55,000.
00
£
55,000.
00
£
55,000.
00
£
55,000.
00
£
55,000.
00
£
55,000.
00
£
55,000.
00
£
55,000.
00
£
55,000.
00
£
55,000.
00
£
55,000.
00
Required rate
of return (10%)
0.90909
0909
0.826446
281
0.75131
4801
0.68301
3455
0.62092
1323
0.564473
93
0.513158
118
0.46650
738
0.42409
7618
0.38554
3289
0.35049
3899
0.31863
0818
0.28966
438
0.26333
1254
0.23939
2049
0.21762
9136
0.19784
4669
0.17985
879
0.16350
7991
0.14864
3628
Total Present
Value
£
4,68,246.
00
Net Present
Value

5,31,754.
00
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DISCUSSION ON PROJECT
JUSTIFICATION
The project is justified based on the proper synthesis of the cost
and cash flow over the 20 years of the project operations of this
particular project
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REFERENCES
Jupp, J., 2017. 4D BIM for environmental planning and
management. Procedia engineering, 180(190-201).
Kerzner, H., 2017. Project management: a systems approach to
planning, scheduling, and controlling. John Wiley & Sons.
Mohan, S., 2018. Planning, Scheduling and Control of Large Projects
using Simulation Study.
Zareei, S., 2018. Project scheduling for constructing biogas plant
using critical path method. Renewable and Sustainable Energy
Reviews, 81, pp.756-759.
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