Capital cost

Power (kW)

Cost (USD)

Hopper bottom pellet bin 132 ton

0

22,000

Chipper Grinder

48

17,384

Flash Dryer with biomass burner

10

9089

Hammer Mill

48

14,822

Blender/conditioner/feeder

2

6000

Pellet Mill

69

31,169

Conveyors 4 units

2

60,000

Forklift

0

30,000

Installation (50% of the initial price)

95,232

Building

100,000

Total cost of capital

385,696

Cost (USD/t) 25 years, 8000 h/y

1.93

Variable costs

Cost of Power (USD/t) at USD 0.10/kWh

180

18.00

Maintenance 3% of initial investment per year, 8000 hours at 1.5 t/h

0.96

Labor 2 person/shift, 3 shifts, $15/h each person, 8 hours, for 1.5 t/h

2.50

Total cost per hour (1.5 t/h)

23.39