There are studies showing that an offshore production rig in the North Sea has energy available for regeneration which represents 12 MW installed power. This case study will look into some of the processes which can be regenerated, and also do some economical considerations.
5 MW of the 12 MW identified are located subsea and 7 MW topside.
Setting a conservative goal of regenerating 2MW topside, this will lead to a saving of 26 million Norwegian Kroner (26 MNOK) yearly (including reduced CO2/NOX- taxation). The calculations behind this are described further down the article. Correspondingly, CO2 emission is reduced by 12.700 tons and NOX emission by 240 tons yearly, given the alternative is to generate electricity from gas og diesel generators.
For hydro power, the rule-of-thumb is that below ”break-even” CAPEX of 3 NOK per yearly, the investment will be profitable. 2MW installed effect is 17,5 million kWh, giving a break-even CAPEX of 52,5 MNOK, which is definitely within reach. For this price, the investment is paid in a few years. However, the cost of electricity offshore is far higher than onshore, and there is "room" for higher investments, if necessary. In a 10 year perspective, the total savings are 260 MNOK's.
Possible applications of the RotaChoke on a production rig is listed below:
It is assumed 2MW installed effect, giving 2.000kW x 24 x 365 = 17.500.000 kWh = 17,5 GWh
To generate this electricity from diesel, will require 4.000.000 kg diesel (efficiency factor 37%), with corresponding emssion of 3.17 kg CO2 pr. kg diesel = 12.680.000 kg. CO2.
Nox-tax is 15 NOK pr kilo NOx. It is produced 55-100 kg NOx pr ton diesel, depending on the RPM.
4.000 ton diesel => 240 ton NOx, resulting in a yearly NOx tax of 3.600.000 NOK
On top of that is the cost of diesel – assumed 4 NOK/liter in large bulks. Diesel cost is thus 19.400.000 NOK yearly.
| Energy cost | 19.400.000 |
| CO2-tax | 3.880.000 |
| NOX-tax | 3.600.000 |
| Total savings | 26.880.000 |
The 2MW installed effect has a potential of saving 26,8 MNOK yearly, which is 13,4 MNOK yearly saving per MW installed effect.