The cost of electrical substations is also rising, given the stringent requirements for energy quality, safety and facility automation. The development of any sector of the economy that consumes electrical energy, be it heavy industry or mining, requires additional investment and construction of electric substations project financing, including other elements of the power system. Global investment in the energy sector in 2020 decreased by about $ 400 billion compared to 2019, amounting to just over $ 1,500 billion.
Viola Funding Limited perform a full range of works on the design and calculation of technical and economic parameters of electrical systems and networks, including the development of individual energy projects for power plants, industrial facilities, transport hubs, and so on.
We offer financing for the construction of electrical substations in Europe, the USA, Latin America, North Africa, the Middle East, as well as in the countries of South and East Asia.
The offerings of our finance company include the organization of project finance (PF), long-term investment loans and much more.
Determination of the cost of project financing for an electrical substations
The options of implementation of the electric substations project financing should ensure supply of energy with the lowest investment costs.
After the approval of a specific list of equipment, materials and technical solutions, our technicians begin stage-by-stage work on the development of technical documentation.
Multi-stage work to determine the cost of an electrical substation includes the search for structures, equipment, materials and methods for their connection, which ensure the achievement of the planned economic indicators of the project with the obligatory compliance with the technical standards of the host country. These works should be an important part of all projects for the construction, modernization, expansion or reconstruction of electrical systems of any scale.
At the same time, Viola funding underwritten and legal team is working to obtain the necessary approvals from local authorities, licensing authorities, representatives of electricity supplier companies, etc.
The electrical substation planning stage usually includes, but is not limited to:
•Performing professional calculations of power grid operating modes in order to develop an optimal scheme of electrical equipment including transformers, automation, protection systems, compensating devices and other units. •Estimation of the required costs, including the purchase of materials and equipment, site preparation and the cost of professional services, including the services of construction contractors, independent consultants, etc. •Preparation of a detailed report with technical and economic indicators of the future system, stages of construction, funding requirements.
Electric substations project financing; lending and loans
In general, the cost of electrical substations today can reach several tens of millions of euros, which depends on the type of facility, capacity, location, the degree of technical complexity of the project and a number of other factors.
Engineering design and financial calculations of electrical systems are based on a detailed analysis and feasibility study of the initial parameters and data collected at the pre-investment research stage.
Factors affecting the cost of an electrical substation
When determining the parameters of a substation under construction, it is important to clarify the investment efficiency indicators. Investment decisions are made on the basis of analytical information obtained from various sources.
Any financial decisions made by project initiators and investors are closely related to the value of money over time. The substation must be flexible, that is, it must easily adapt to connecting new loads or increasing existing loads. It should also be simple and safe to use.
When choosing the design of the future electrical substation, our engineering team must find a balanced approach to parameters such as efficiency, loss rate, safety, access and ease of use, compact design, equipment size and weight, initial investment and maintenance costs. The final decision always rests with the investor.
When placing transformer equipment inside the premises where energy consumers are located, there is no need for the construction of an overhead power transmission line.
The financing of electrical substations requires in-depth knowledge and experience due to the numerous technical and economic factors affecting a project.
Based on the experience of numerous implemented industrial and energy projects, our professional team can compare alternative options for the construction of electrical substations, choosing the optimal solution for the customer.
When making calculations for large capital-intensive projects carried out over several years, financiers take into account discounting formulas that translate future flows into current values.
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