Friday, September 18, 2009

Small Maths: What % of the current domestic demand for electricity will Alutrint consume? ( 5 marks)

240 MW Alutrint Phase I demand (to smelt 125,000 metric ton/year)
1180 MW (Total National electricity demand)
Residential Customers demand 28% of 1180 = 330.4 MW (info. sources: papers)

Answer: Alutrint's % of Domestic Demand = 240/330.4 x 100% = 72%

Conclusion: Alutrint Phase 1 will consume almost 3/4 of the total amount of electricity presently consumed by householders in the Republic.

Electricity rates have gone up twice this year.
All electricity is produced from burning natural gas.
Last year we had 12 years left of 'proven' natural gas reserves at existing demand rates.
We are awaiting this year's Scott Ryder Report update on remaining reserves.

What % of gas is liquified by Atlantic LNG and shipped away?
Alutrint intends to double the size of its smelter in a Phase II

Questions: How much more will householders have to pay for electricity when Alutrint comes on stream in 2012?
How many years less will electricity be available to households in Trinidad & Tobago if Phase I is built? If Phase II is built?

$TT 100 for the answer to the last question. Trini awake and do yuh sums!

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