14. ECONOMIC VIABILITY
-£40,000.00 -£35,000.00 -£30,000.00 -£25,000.00 -£20,000.00 -£15,000.00 -£10,000.00 -£5,000.00 £0.00 £5,000.00 £10,000.00
Net Present Value of SSM Investment Based on a 30 Year Return Period
NPV - Unit Price 237.00 Wall required NPV - Unit Price 237.00 No Wall required
NPV - 128.43 Wall required NPV - Unit Price 128.43 No Wall required
15. • Water Security in the UK
• Open Water Evaporation Reduction
• Financial Viability
17. INCLUDE NET PRESENT VALUE FORMULA
𝑁𝑃𝑉 =
𝐶𝑡
(1+𝑟) 𝑡 − 𝐶𝑜 (Equation 4.0)
Where
𝐶𝑡 = Net cash flow during the period 𝑟 = Discount rate
𝑡 = Return period 𝐶𝑜= Initial investment
19. VALIDATION OF EXPERIMENT
0 2 4 6 8 10 12 14 16 18 20
No Wind and No Light (Measured After 24 Hrs)
No Wind and 1.5 Hrs Light (Measured After 24 Hrs)
24 Hrs Wind and 2 Hrs Light (Measured After 24 Hrs)
No Wind and No Light (Measured After 48 Hrs)
1.5 Hrs Wind and 1.5 Hrs Light (Measured After 1.5 Hrs)
No Wind and No Light (Measured After 24 Hrs)
6.5 Hrs Wind and 6.5 Hrs Light (Measured After 6.5 Hrs)
24 Hrs Wind and 24 Hrs Light Test 1 (Measured After 24…
24 Hrs Wind and 24 Hrs Light Test 2 (Measured After 24…
24 Hrs Wind and 24 Hrs Light Test 3 (Measured After 24…
6.0 Hrs Wind and 6.0 Hrs Light (Measured After 24 Hrs)
EVAPORATION (MM)
Comparison of the Control Sample, Simplified Penman equation Estimate
and Adjusted Simplified Penman Estimate
Simplified Penman Equation Estimate Adjusted Simplified Penman Equation Estimate Control Container
20. EVAPORATION REDUCTION
0 2 4 6 8 10 12 14
1.5 Hours - Solar + Wind
24 Hours - No Solar + Wind
6.5 Hours - Solar + Wind
24 Hours - Solar + Wind
50% Covered Test
Evaporation (mm)
The Effect of SSM Cover on Evaporation
Polyethylene Covered Container Control Container
21. WINTER CONDITIONS
0 0.5 1 1.5 2 2.5 3 3.5 4 4.5
Control Container
Polyethylene Cover
Simplified Penman
Evaporation (mm)
Comparison of Control Sample, Adjusted Simplified Penman Estimate and
Covered Container Losses - Outdoor Test
Outdoor Testing Date (27/11/13 - 29/11/13) Outdoor Testing Date (26/11/13 - 27/11/2013)
Outdoor Testing Date (25/11/13 - 26/11/13)
Editor's Notes
End of 2020 Thames water demand will outstrip supply
By 2039 there will be a shortage 370ML/D
Thames water store approximately 30% of their freshwater supplies in reservoirs
Temperature – increases the energy available to change state
Humidity – Saturated vapour pressure – quantity of vapour the air can hold at a given temperature
Wind – Movement of saturated air above surface to maintain saturated vapour pressure
Exposed surface – The larger the water surface the greater the area available to vaporise
Research in Australia and Spain suggests SSM’s are the most economically and technologically efficient methods of reducing evaporation based on installation cost ($), Design Life (Yrs) , Mean evaporation reduction (%) and maintenance cost ($)
Despite my excitement and enthusiasm to cover a reservoir unfortunately my student loan didn’t quite stretch far enough to lease a reservoir so instead I scaled down my operation and designed a laboratory experiment instead
Wind – desk fans set at 3.4 m/s to simulate average august wind speed over past 30 years (measured with anemometer + data from UK)
300w lamps placed at 55cm above the water surface to simulate the solar constant (1.99cal / cm min)
Surface area, water depth, temperature and relative humidity remained constant due to use of control sample
Average reduction in temperature and subsequently energy exchange was 54%
This is considered a conservative estimate based on the fact the SSM reduces the wind speed below the surface of the cover as long as the material is semi pyramid shaped in the same way air moves faster over a wing, resulting in lower pressure and subsequently resulting in uplift from below the wing
Min in Jan of 0.44mm/day to a max in June and July of 5.39mm/day
128pence /m3 – Thames current price
237pence /m3 – Average unit cost of desalinated water within the Thames basin
Average unit price of water will have to increase to 218pence/m3
The SSM resulted in a 14% reduction in evaporation when subject to equal temperature and relative humidity variables only
The SSM reduced evaporation by 50% when subject to solar + wind + temp + relative humidity variables