QUADRO 01.

CARACTERÍSTICAS ENERGÉTICAS

MATERIAL: CDR ESTRE

DADOS POR ITEM DADOS PONDERADOS

COMPOSIÇÃO GRAVIMÉTRICA
PCI (1) % VOLÁTEIS % H₂O % INERTES SÓLIDOS % VOLÁTEIS % H₂O % INERTES SÓLIDOS
[Kcal/Kg] VPC VPN HPR HRT IPR ITR VPC VPN HPR HRT IPR ITR
CDR ESTRE 100,00% 4100 69,00 1,00 19,00 0,00 10,00 0,00 69,00 1,00 19,00 - 10,00 -
- - - - - -
- - - - - -
- - - - - -
- - - - - -

SOMA DAS % EM MASSA: 100% PCI Base Volátil PCI VPC VPN HPR HRT IPR ITR
5857 4.100 69,00 1,00 19,00 0,00 10,00 0,00

Onde: Notas: Abastecimento para 1000 Kg gás bruto ( 01 Reator)

PCI (1) : Poder Calorífico Inferior da Massa Integral - Massa abastecida (dados ponderados totais)
VPC: % de Voláteis Processados 1000 x 100 / ( 100 - VNP - ITR -IPR -HTR ) = MA
VPN: % de Voláteis não Processados MA = 1123,60 kg/h
IPR: % de Inertes no Reator - Energia abastecida (dados ponderados totais)
ITR: % de Inertes Retidos Trituração MA X PCI = EA
HPR: % de Agua no Reator EA = 4606,74 Mcal/h
HTR: % de Agua Retida Trituração Data Base: 21/02/2017
QUADRO 2.

MATERIAL: CDR ESTRE

BALANÇO DE MASSA E ENERGIA

ENTRADA PREPARAÇÃO PIRÓLISE TRATAMENTO GERAÇÃO

ABASTECIMENTO GÁS BRUTO GÁS TRATADO P/ ENERGIA GÁS TRATADO P/ ENERGIA
MASSA
1123,60 kg/h 1000,00 kg/h 682,94 kg/h 682,94 kg/h

1123,60 SÓLIDOS INERTES SÓLIDOS INERTES GÁS TRATADO P/ PIRÓLISE DENSIDADE

kg/h 0,00 kg/h 112,36 kg/h 103,58 kg/h 0,73 Kg/Nm³

AGUA RESIDUAL VOLÁTEIS NÃO PROCESSADOS AGUA RESIDUAL VOLUME

0,00 kg/h 11,24 kg/h 213,48 kg/h 935,53 Nm³/h

ABASTECIMENTO GÁS BRUTO GÁS TRATADO P/ ENERGIA PCI DO GÁS

4606,74 Mcal/h 4310,59 Mcal/h 3.742,91 Mcal/h 4.000,85 Kcal/Nm³
ENERGIA
RESÍDUOS INERTES SÓLIDOS INERTES GÁS TRATADO P/ PIRÓLISE GNEQ
0 Mcal/h 0,00 Mcal/h 567,69 Mcal/h 440,34 Nm³/h
4606,74
Mcal/h AGUA RESIDUAL VOLÁTEIS NÃO PROCESSADOS AGUA RESIDUAL EFICIÊNCIA GASEIFICAÇÃO
0 Mcal/h 65,81 Mcal/h - Mcal/h 0,8125 %

PERDA TÉRMICA EFICIÊNCIA MOTOGERADOR

230,34 Mcal/h 0,2826 %

POTÊNCIA ELÉTRICA POTÊNCIA ELÉTRICA POTÊNCIA ELÉTRICA POTÊNCIA ELÉTRICA DISPONÍVEL

0,0079 MW 0,0291 MW 0,01501 MW 1,1783 MW

NOTA: A Eficiência do processo é obtida pelo quociente entre a energia do Gás (descontado o consumo e vaporização) pela energia contida no Resíduo abastecido.
QUADRO 3.
ESTIMATIVA TÉCNICA DA COMPOSIÇÃO DO CAPEX

1000 kg/h

ALIMENTAÇÃO
PREPARAÇÃO DE TRATAMENTO GERAÇÃO DE ENERGIA
MATERIAL : CDR ESTRE DO GASEIFICAÇÃO TOTAIS
MATERIAL DE GÁS ELÉTRICA CICLO OTTO
GASEIFICADOR

PROJETO E GERENCIAMENTO R$0 R$32.041 R$186.983 R$38.576 R$458.206 R$715.806

EQUIPAMENTOS R$0 R$201.000 R$1.173.000 R$242.000 R$4.444.253 R$6.060.253

INSTALAÇÕES R$0 R$119.406 R$696.832 R$143.762 R$137.806 R$1.097.806

BDI - - R$750.000 R$750.000 - R$1.500.000

TOTAL R$0 R$352.447 R$2.806.815 R$1.174.339 R$5.040.265 R$9.373.865

ESTUDOS ECONÔMICOS &

R$350.000 R$350.000
AMBIENTAIS

PRODUÇÃO DE GÁS GERAÇÃO DE ENERGIA

CAPEX R$4.683.600 R$5.040.265 R$9.723.865

Data Base: 21/02/2017

 QUADRO 4.
CDR ESTRE

ESTIMATIVA TÉCNICO - FINANCEIRA

UNIDADES ABASTECIMENTO PRODUÇÃO DE GÁS PRODUÇÃO DE GÁS MAIS GERAÇÃO DE ENERGIA

Trituração Pirólise Energia Térmica GNEQ CAPEX OPEX Energia Eletrica CAPEX OPEX CAPEX/MW
Kg/h Volatização
kg/h kg/h Gcal/h Nm³/h R$ R$/Ano MW R$ R$/Ano R$/MW

1 150 kg/h 169 169 0,56 66 1.742.175 904.406 0,1767 2.691.922 805.477 15.230.895

2 300 kg/h 337 337 1,12 132 2.524.725 907.602 0,3535 4.404.358 892.213 12.459.929

3 1000 kg/h 1124 1124 3,74 440 4.683.600 1.138.988 1,1783 9.723.865 1.118.754 8.252.643

4 2 x 1000 kg/h 2247 2247 7,49 881 8.558.958 1.357.456 2,3565 17.946.519 1.316.988 7.615.605

5 3 x 1000 kg/h 3371 3371 11,23 1321 12.329.490 1.575.713 3,5348 26.097.923 1.515.011 7.383.102

6 4 x 1000 kg/h 4494 4494 14,97 1761 16.041.472 2.065.052 4,7131 34.046.770 1.984.116 7.223.873

7 5 x 1000 kg/h 5618 5618 18,71 2202 19.714.096 2.554.303 5,8914 41.804.062 2.453.133 7.095.821

8 6 x 1000 kg/h 6742 6742 22,46 2642 23.357.670 2.772.280 7,0696 49.434.591 2.650.875 6.992.522

9 7 x 1000 kg/h 7865 7865 26,20 3082 26.978.536 3.261.410 8,2479 56.932.893 3.119.772 6.902.706

# 10 x 1000 kg/h 11236 11236 37,43 4403 37.741.759 4.186.144 11,7827 78.685.977 3.983.804 6.678.078

# 15 x 1000 kg/h 16854 16854 56,14 6605 55.463.084 6.088.426 17,6741 112.886.195 5.784.915 6.387.100

# 20 x 1000 kg/h 22472 22472 74,86 8807 73.013.200 7.719.045 23,5655 144.968.497 7.314.364 6.151.738

# 30 x 1000 kg/h 33708 33708 112,29 13210 107.798.135 11.250.611 35,3482 203.499.670 10.643.589 5.757.005
Nota: OPEX sem custo ou receita do Material Data Base: 21/02/2017
QUADRO 5.
CDR ESTRE

ESTIMATIVA DAS DESPESAS E CUSTOS

Unidades OPEX - Produção de Gás OPEX - Produção de Gás mais Geração de Energia
Quantidade Prazo
Operação & Manutenção Energia Operação & Manutenção Manutenção Energia Área Energia
Operadores Implantação Área Gás (c/ sala de Área Total
Kg/h Volatização Administração Gás Elétrica Administração Gás Energia Elétrica controle)
2 2 2
(p/ 03 turnos) meses R$ R$ R$ m R$ R$ R$ R$ m m
150 kg/h 8 6a8 695.447 26.490 182.469 75 703.042 26.490 75.945 70 145
300 kg/h 8 6a8 695.738 29.395 182.469 75 710.927 29.395 151.891 88 163
1000 kg/h 9 6a8 923.119 33.400 182.469 75 937.868 33.400 147.486 74 149
2 x 1000 kg/h 9 6a8 926.392 66.127 364.938 150 955.889 66.127 294.973 96 246
3 x 1000 kg/h 9 8 a 12 929.645 98.661 547.407 225 973.891 98.661 442.459 119 344
4 x 1000 kg/h 13 8 a 12 1.204.095 131.082 729.876 300 1.263.089 131.082 589.945 142 442
5 x 1000 kg/h 17 8 a 12 1.478.536 163.422 912.345 375 1.552.279 163.422 737.432 164 539
6 x 1000 kg/h 17 12 a 14 1.481.764 195.702 1.094.814 450 1.570.256 195.702 884.918 187 637
7 x 1000 kg/h 21 12 a 14 1.756.195 227.933 1.277.283 525 1.859.435 227.933 1.032.404 209 734
10 x 1000 kg/h 25 12 a 14 2.037.049 324.405 1.824.690 750 2.184.536 324.405 1.474.863 277 1.027
15 x 1000 kg/h 37 12 a 14 2.866.700 484.691 2.737.035 1.125 3.087.930 484.691 2.212.295 390 1.515
20 x 1000 kg/h 45 12 a 14 3.425.102 644.563 3.649.380 1.500 3.720.075 644.563 2.949.726 502 2.002
30 x 1000 kg/h 65 12 a 14 4.813.034 963.507 5.474.070 2.250 5.255.493 963.507 4.424.589 728 2.978
Nota: OPEX sem custo ou receita do Material Data Base: 21/02/2017
QUADRO 6. MATERIAL: CDR ESTRE

RECEITA ANUAL (R$)

RECEITA ENERGIA PRODUZIDA (R$/MWH)

5 unid.
0 300 350 400 450 500 550 600 650 700 750 800
-150 -7.382.022 8.100.481 10.680.899 13.261.316 15.841.733 18.422.151 21.002.568 23.582.985 26.163.403 28.743.820 31.324.237 33.904.655
-140 -6.889.888 8.592.616 11.173.034 13.753.451 16.333.868 18.914.285 21.494.703 24.075.120 26.655.537 29.235.955 31.816.372 34.396.789
-130 -6.397.753 9.084.751 11.665.168 14.245.586 16.826.003 19.406.420 21.986.838 24.567.255 27.147.672 29.728.090 32.308.507 34.888.924
-120 -5.905.618 9.576.886 12.157.303 14.737.721 17.318.138 19.898.555 22.478.972 25.059.390 27.639.807 30.220.224 32.800.642 35.381.059
-110 -5.413.483 10.069.021 12.649.438 15.229.855 17.810.273 20.390.690 22.971.107 25.551.525 28.131.942 30.712.359 33.292.777 35.873.194
-100 -4.921.348 10.561.156 13.141.573 15.721.990 18.302.408 20.882.825 23.463.242 26.043.659 28.624.077 31.204.494 33.784.911 36.365.329
-90 -4.429.213 11.053.290 13.633.708 16.214.125 18.794.542 21.374.960 23.955.377 26.535.794 29.116.212 31.696.629 34.277.046 36.857.464
-80 -3.937.079 11.545.425 14.125.843 16.706.260 19.286.677 21.867.094 24.447.512 27.027.929 29.608.346 32.188.764 34.769.181 37.349.598
-70 -3.444.944 12.037.560 14.617.977 17.198.395 19.778.812 22.359.229 24.939.647 27.520.064 30.100.481 32.680.899 35.261.316 37.841.733
-60 -2.952.809 12.529.695 15.110.112 17.690.530 20.270.947 22.851.364 25.431.781 28.012.199 30.592.616 33.173.033 35.753.451 38.333.868
-50 -2.460.674 13.021.830 15.602.247 18.182.664 20.763.082 23.343.499 25.923.916 28.504.334 31.084.751 33.665.168 36.245.586 38.826.003
RECEITA MATERIAL (R$/ton)

-40 -1.968.539 13.513.965 16.094.382 18.674.799 21.255.216 23.835.634 26.416.051 28.996.468 31.576.886 34.157.303 36.737.720 39.318.138
-30 -1.476.404 14.006.099 16.586.517 19.166.934 21.747.351 24.327.769 26.908.186 29.488.603 32.069.021 34.649.438 37.229.855 39.810.273
-20 -984.270 14.498.234 17.078.652 19.659.069 22.239.486 24.819.903 27.400.321 29.980.738 32.561.155 35.141.573 37.721.990 40.302.407
-10 -492.135 14.990.369 17.570.786 20.151.204 22.731.621 25.312.038 27.892.456 30.472.873 33.053.290 35.633.708 38.214.125 40.794.542
0 0 15.482.504 18.062.921 20.643.339 23.223.756 25.804.173 28.384.590 30.965.008 33.545.425 36.125.842 38.706.260 41.286.677
10 492.135 15.974.639 18.555.056 21.135.473 23.715.891 26.296.308 28.876.725 31.457.143 34.037.560 36.617.977 39.198.395 41.778.812
20 984.270 16.466.774 19.047.191 21.627.608 24.208.025 26.788.443 29.368.860 31.949.277 34.529.695 37.110.112 39.690.529 42.270.947
30 1.476.404 16.958.908 19.539.326 22.119.743 24.700.160 27.280.578 29.860.995 32.441.412 35.021.830 37.602.247 40.182.664 42.763.082
40 1.968.539 17.451.043 20.031.461 22.611.878 25.192.295 27.772.712 30.353.130 32.933.547 35.513.964 38.094.382 40.674.799 43.255.216
50 2.460.674 17.943.178 20.523.595 23.104.013 25.684.430 28.264.847 30.845.265 33.425.682 36.006.099 38.586.517 41.166.934 43.747.351
60 2.952.809 18.435.313 21.015.730 23.596.147 26.176.565 28.756.982 31.337.399 33.917.817 36.498.234 39.078.651 41.659.069 44.239.486
70 3.444.944 18.927.448 21.507.865 24.088.282 26.668.700 29.249.117 31.829.534 34.409.952 36.990.369 39.570.786 42.151.204 44.731.621
80 3.937.079 19.419.583 22.000.000 24.580.417 27.160.834 29.741.252 32.321.669 34.902.086 37.482.504 40.062.921 42.643.338 45.223.756
90 4.429.213 19.911.717 22.492.135 25.072.552 27.652.969 30.233.387 32.813.804 35.394.221 37.974.639 40.555.056 43.135.473 45.715.890
100 4.921.348 20.403.852 22.984.270 25.564.687 28.145.104 30.725.521 33.305.939 35.886.356 38.466.773 41.047.191 43.627.608 46.208.025
110 5.413.483 20.895.987 23.476.404 26.056.822 28.637.239 31.217.656 33.798.074 36.378.491 38.958.908 41.539.326 44.119.743 46.700.160
120 5.905.618 21.388.122 23.968.539 26.548.956 29.129.374 31.709.791 34.290.208 36.870.626 39.451.043 42.031.460 44.611.878 47.192.295
130 6.397.753 21.880.257 24.460.674 27.041.091 29.621.509 32.201.926 34.782.343 37.362.761 39.943.178 42.523.595 45.104.013 47.684.430
140 6.889.888 22.372.392 24.952.809 27.533.226 30.113.643 32.694.061 35.274.478 37.854.895 40.435.313 43.015.730 45.596.147 48.176.565
150 7.382.022 22.864.526 25.444.944 28.025.361 30.605.778 33.186.196 35.766.613 38.347.030 40.927.448 43.507.865 46.088.282 48.668.699

MATERIAL PROCESSADO: 5,62 Ton/h

ENERGIA PRODUZIDA: 5,89 MWh/h
Material com valor positivo é Receita
Material com valor negativo é OPEX Data Base: 21/02/2017
QUADRO 7. MATERIAL: CDR ESTRE

RECEITA MENOS IMPOSTOS (LUCRO PRESUMIDO)

RECEITA ENERGIA PRODUZIDA (R$/MWH)

5 unid.
0 300 350 400 450 500 550 600 650 700 750 800
-150 -7.382.022 5.850.874 8.056.356 10.261.839 12.467.322 14.672.804 16.878.287 19.083.770 21.289.252 23.494.735 25.700.218 27.905.700
-140 -6.889.888 6.343.008 8.548.491 10.753.974 12.959.456 15.164.939 17.370.422 19.575.904 21.781.387 23.986.870 26.192.353 28.397.835
-130 -6.397.753 6.835.143 9.040.626 11.246.109 13.451.591 15.657.074 17.862.557 20.068.039 22.273.522 24.479.005 26.684.487 28.889.970
-120 -5.905.618 7.327.278 9.532.761 11.738.243 13.943.726 16.149.209 18.354.691 20.560.174 22.765.657 24.971.140 27.176.622 29.382.105
-110 -5.413.483 7.819.413 10.024.896 12.230.378 14.435.861 16.641.344 18.846.826 21.052.309 23.257.792 25.463.274 27.668.757 29.874.240
-100 -4.921.348 8.311.548 10.517.030 12.722.513 14.927.996 17.133.478 19.338.961 21.544.444 23.749.926 25.955.409 28.160.892 30.366.375
-90 -4.429.213 8.803.683 11.009.165 13.214.648 15.420.131 17.625.613 19.831.096 22.036.579 24.242.061 26.447.544 28.653.027 30.858.509
-80 -3.937.079 9.295.817 11.501.300 13.706.783 15.912.265 18.117.748 20.323.231 22.528.713 24.734.196 26.939.679 29.145.162 31.350.644
-70 -3.444.944 9.787.952 11.993.435 14.198.918 16.404.400 18.609.883 20.815.366 23.020.848 25.226.331 27.431.814 29.637.296 31.842.779
-60 -2.952.809 10.280.087 12.485.570 14.691.052 16.896.535 19.102.018 21.307.500 23.512.983 25.718.466 27.923.948 30.129.431 32.334.914
-50 -2.460.674 10.772.222 12.977.705 15.183.187 17.388.670 19.594.153 21.799.635 24.005.118 26.210.601 28.416.083 30.621.566 32.827.049
-40 -1.968.539 11.264.357 13.469.839 15.675.322 17.880.805 20.086.287 22.291.770 24.497.253 26.702.735 28.908.218 31.113.701 33.319.184
RECEITA MATERIAL (R$/ton)

-30 -1.476.404 11.756.492 13.961.974 16.167.457 18.372.940 20.578.422 22.783.905 24.989.388 27.194.870 29.400.353 31.605.836 33.811.318
-20 -984.270 12.248.626 14.454.109 16.659.592 18.865.074 21.070.557 23.276.040 25.481.522 27.687.005 29.892.488 32.097.971 34.303.453
-10 -492.135 12.740.761 14.946.244 17.151.727 19.357.209 21.562.692 23.768.175 25.973.657 28.179.140 30.384.623 32.590.105 34.795.588
0 0 13.232.896 15.438.379 17.643.861 19.849.344 22.054.827 24.260.309 26.465.792 28.671.275 30.876.757 33.082.240 35.287.723
10 420.628 13.653.524 15.859.006 18.064.489 20.269.972 22.475.454 24.680.937 26.886.420 29.091.902 31.297.385 33.502.868 35.708.350
20 841.255 14.074.151 16.279.634 18.485.117 20.690.599 22.896.082 25.101.565 27.307.047 29.512.530 31.718.013 33.923.495 36.128.978
30 1.261.883 14.494.779 16.700.262 18.905.744 21.111.227 23.316.710 25.522.192 27.727.675 29.933.158 32.138.640 34.344.123 36.549.606
40 1.682.511 14.915.407 17.120.889 19.326.372 21.531.855 23.737.337 25.942.820 28.148.303 30.353.785 32.559.268 34.764.751 36.970.233
50 2.103.138 15.336.034 17.541.517 19.747.000 21.952.482 24.157.965 26.363.448 28.568.930 30.774.413 32.979.896 35.185.378 37.390.861
60 2.523.766 15.756.662 17.962.145 20.167.627 22.373.110 24.578.593 26.784.075 28.989.558 31.195.041 33.400.523 35.606.006 37.811.489
70 2.944.393 16.177.290 18.382.772 20.588.255 22.793.738 24.999.220 27.204.703 29.410.186 31.615.668 33.821.151 36.026.634 38.232.116
80 3.365.021 16.597.917 18.803.400 21.008.883 23.214.365 25.419.848 27.625.331 29.830.813 32.036.296 34.241.779 36.447.261 38.652.744
90 3.785.649 17.018.545 19.224.028 21.429.510 23.634.993 25.840.476 28.045.958 30.251.441 32.456.924 34.662.406 36.867.889 39.073.372
100 4.206.276 17.439.172 19.644.655 21.850.138 24.055.621 26.261.103 28.466.586 30.672.069 32.877.551 35.083.034 37.288.517 39.493.999
110 4.626.904 17.859.800 20.065.283 22.270.765 24.476.248 26.681.731 28.887.213 31.092.696 33.298.179 35.503.662 37.709.144 39.914.627
120 5.047.532 18.280.428 20.485.910 22.691.393 24.896.876 27.102.358 29.307.841 31.513.324 33.718.806 35.924.289 38.129.772 40.335.255
130 5.468.159 18.701.055 20.906.538 23.112.021 25.317.503 27.522.986 29.728.469 31.933.951 34.139.434 36.344.917 38.550.399 40.755.882
140 5.888.787 19.121.683 21.327.166 23.532.648 25.738.131 27.943.614 30.149.096 32.354.579 34.560.062 36.765.544 38.971.027 41.176.510
150 6.309.415 19.542.311 21.747.793 23.953.276 26.158.759 28.364.241 30.569.724 32.775.207 34.980.689 37.186.172 39.391.655 41.597.137

Impostos 14,53%
Nota: Considerada tributação de prestação de serviço (locação) com opção pelo lucro presumido. Data Base: 21/02/2017
QUADRO 8. MATERIAL: CDR ESTRE

RESULTADO ANUAL (R$)

RECEITA ENERGIA PRODUZIDA (R$/MWH)

5 unid.
0 300 350 400 450 500 550 600 650 700 750 800
-150 - 9.835.155,36 3.397.740,70 5.603.223,38 7.808.706,06 10.014.188,74 12.219.671,41 14.425.154,09 16.630.636,77 18.836.119,45 21.041.602,12 23.247.084,80 25.452.567,48
-140 - 9.343.020,53 3.889.875,53 6.095.358,21 8.300.840,89 10.506.323,57 12.711.806,25 14.917.288,92 17.122.771,60 19.328.254,28 21.533.736,96 23.739.219,63 25.944.702,31
-130 - 8.850.885,70 4.382.010,37 6.587.493,04 8.792.975,72 10.998.458,40 13.203.941,08 15.409.423,75 17.614.906,43 19.820.389,11 22.025.871,79 24.231.354,46 26.436.837,14
-120 - 8.358.750,87 4.874.145,20 7.079.627,87 9.285.110,55 11.490.593,23 13.696.075,91 15.901.558,59 18.107.041,26 20.312.523,94 22.518.006,62 24.723.489,30 26.928.971,97
-110 - 7.866.616,04 5.366.280,03 7.571.762,71 9.777.245,38 11.982.728,06 14.188.210,74 16.393.693,42 18.599.176,09 20.804.658,77 23.010.141,45 25.215.624,13 27.421.106,81
-100 - 7.374.481,21 5.858.414,86 8.063.897,54 10.269.380,22 12.474.862,89 14.680.345,57 16.885.828,25 19.091.310,93 21.296.793,60 23.502.276,28 25.707.758,96 27.913.241,64
-90 - 6.882.346,37 6.350.549,69 8.556.032,37 10.761.515,05 12.966.997,72 15.172.480,40 17.377.963,08 19.583.445,76 21.788.928,44 23.994.411,11 26.199.893,79 28.405.376,47
-80 - 6.390.211,54 6.842.684,52 9.048.167,20 11.253.649,88 13.459.132,56 15.664.615,23 17.870.097,91 20.075.580,59 22.281.063,27 24.486.545,94 26.692.028,62 28.897.511,30
-70 - 5.898.076,71 7.334.819,35 9.540.302,03 11.745.784,71 13.951.267,39 16.156.750,07 18.362.232,74 20.567.715,42 22.773.198,10 24.978.680,78 27.184.163,45 29.389.646,13
-60 - 5.405.941,88 7.826.954,19 10.032.436,86 12.237.919,54 14.443.402,22 16.648.884,90 18.854.367,57 21.059.850,25 23.265.332,93 25.470.815,61 27.676.298,28 29.881.780,96
-50 - 4.913.807,05 8.319.089,02 10.524.571,70 12.730.054,37 14.935.537,05 17.141.019,73 19.346.502,41 21.551.985,08 23.757.467,76 25.962.950,44 28.168.433,12 30.373.915,79
RECEITA MATERIAL (R$/ton)

-40 - 4.421.672,22 8.811.223,85 11.016.706,53 13.222.189,20 15.427.671,88 17.633.154,56 19.838.637,24 22.044.119,91 24.249.602,59 26.455.085,27 28.660.567,95 30.866.050,63
-30 - 3.929.537,39 9.303.358,68 11.508.841,36 13.714.324,04 15.919.806,71 18.125.289,39 20.330.772,07 22.536.254,75 24.741.737,42 26.947.220,10 29.152.702,78 31.358.185,46
-20 - 3.437.402,55 9.795.493,51 12.000.976,19 14.206.458,87 16.411.941,54 18.617.424,22 20.822.906,90 23.028.389,58 25.233.872,26 27.439.354,93 29.644.837,61 31.850.320,29
-10 - 2.945.267,72 10.287.628,34 12.493.111,02 14.698.593,70 16.904.076,38 19.109.559,05 21.315.041,73 23.520.524,41 25.726.007,09 27.931.489,76 30.136.972,44 32.342.455,12
0 - 2.453.132,89 10.779.763,17 12.985.245,85 15.190.728,53 17.396.211,21 19.601.693,89 21.807.176,56 24.012.659,24 26.218.141,92 28.423.624,60 30.629.107,27 32.834.589,95
10 - 2.032.505,25 11.200.390,82 13.405.873,49 15.611.356,17 17.816.838,85 20.022.321,53 22.227.804,20 24.433.286,88 26.638.769,56 28.844.252,24 31.049.734,91 33.255.217,59
20 - 1.611.877,61 11.621.018,46 13.826.501,13 16.031.983,81 18.237.466,49 20.442.949,17 22.648.431,84 24.853.914,52 27.059.397,20 29.264.879,88 31.470.362,55 33.675.845,23
30 - 1.191.249,97 12.041.646,10 14.247.128,77 16.452.611,45 18.658.094,13 20.863.576,81 23.069.059,48 25.274.542,16 27.480.024,84 29.685.507,52 31.890.990,20 34.096.472,87
40 - 770.622,33 12.462.273,74 14.667.756,41 16.873.239,09 19.078.721,77 21.284.204,45 23.489.687,12 25.695.169,80 27.900.652,48 30.106.135,16 32.311.617,84 34.517.100,51
50 - 349.994,69 12.882.901,38 15.088.384,05 17.293.866,73 19.499.349,41 21.704.832,09 23.910.314,77 26.115.797,44 28.321.280,12 30.526.762,80 32.732.245,48 34.937.728,15
60 70.632,95 13.303.529,02 15.509.011,70 17.714.494,37 19.919.977,05 22.125.459,73 24.330.942,41 26.536.425,08 28.741.907,76 30.947.390,44 33.152.873,12 35.358.355,79
70 491.260,59 13.724.156,66 15.929.639,34 18.135.122,01 20.340.604,69 22.546.087,37 24.751.570,05 26.957.052,72 29.162.535,40 31.368.018,08 33.573.500,76 35.778.983,43
80 911.888,23 14.144.784,30 16.350.266,98 18.555.749,65 20.761.232,33 22.966.715,01 25.172.197,69 27.377.680,36 29.583.163,04 31.788.645,72 33.994.128,40 36.199.611,07
90 1.332.515,87 14.565.411,94 16.770.894,62 18.976.377,29 21.181.859,97 23.387.342,65 25.592.825,33 27.798.308,00 30.003.790,68 32.209.273,36 34.414.756,04 36.620.238,72
100 1.753.143,51 14.986.039,58 17.191.522,26 19.397.004,93 21.602.487,61 23.807.970,29 26.013.452,97 28.218.935,65 30.424.418,32 32.629.901,00 34.835.383,68 37.040.866,36
110 2.173.771,15 15.406.667,22 17.612.149,90 19.817.632,58 22.023.115,25 24.228.597,93 26.434.080,61 28.639.563,29 30.845.045,96 33.050.528,64 35.256.011,32 37.461.494,00
120 2.594.398,79 15.827.294,86 18.032.777,54 20.238.260,22 22.443.742,89 24.649.225,57 26.854.708,25 29.060.190,93 31.265.673,60 33.471.156,28 35.676.638,96 37.882.121,64
130 3.015.026,43 16.247.922,50 18.453.405,18 20.658.887,86 22.864.370,53 25.069.853,21 27.275.335,89 29.480.818,57 31.686.301,24 33.891.783,92 36.097.266,60 38.302.749,28
140 3.435.654,08 16.668.550,14 18.874.032,82 21.079.515,50 23.284.998,17 25.490.480,85 27.695.963,53 29.901.446,21 32.106.928,88 34.312.411,56 36.517.894,24 38.723.376,92
150 3.856.281,72 17.089.177,78 19.294.660,46 21.500.143,14 23.705.625,81 25.911.108,49 28.116.591,17 30.322.073,85 32.527.556,53 34.733.039,20 36.938.521,88 39.144.004,56

OPEX R$ 2.453.133
Data Base: 21/02/2017
QUADRO 9. MATERIAL: CDR ESTRE

PAYBACK EM MESES

RECEITA ENERGIA PRODUZIDA (R$/MWH)

5 unid.
0 300 350 400 450 500 550 600 650 700 750 800
-150 148 90 64 50 41 35 30 27 24 22 20
-140 129 82 60 48 39 34 29 26 23 21 19
-130 114 76 57 46 38 33 28 25 23 21 19
-120 103 71 54 44 37 32 28 25 22 20 19
-110 93 66 51 42 35 31 27 24 22 20 18
-100 86 62 49 40 34 30 26 24 21 20 18
-90 79 59 47 39 33 29 26 23 21 19 18
-80 73 55 45 37 32 28 25 23 20 19 17
-70 68 53 43 36 31 27 24 22 20 18 17
-60 64 50 41 35 30 27 24 22 20 18 17
-50 60 48 39 34 29 26 23 21 19 18 17
-40 57 46 38 33 28 25 23 21 19 18 16
RECEITA MATERIAL (R$/ton)

-30 54 44 37 32 28 25 22 20 19 17 16
-20 51 42 35 31 27 24 22 20 18 17 16
-10 49 40 34 30 26 24 21 19 18 17 16
0 47 39 33 29 26 23 21 19 18 16 15
10 45 37 32 28 25 23 21 19 17 16 15
20 43 36 31 28 25 22 20 19 17 16 15
30 42 35 30 27 24 22 20 18 17 16 15
40 40 34 30 26 24 21 20 18 17 16 15
50 39 33 29 26 23 21 19 18 16 15 14
60 7.102 38 32 28 25 23 21 19 17 16 15 14
70 1.021 37 31 28 25 22 20 19 17 16 15 14
80 550 35 31 27 24 22 20 18 17 16 15 14
90 376 34 30 26 24 21 20 18 17 16 15 14
100 286 33 29 26 23 21 19 18 16 15 14 14
110 231 33 28 25 23 21 19 18 16 15 14 13
120 193 32 28 25 22 20 19 17 16 15 14 13
130 166 31 27 24 22 20 18 17 16 15 14 13
140 146 30 27 24 22 20 18 17 16 15 14 13
150 130 29 26 23 21 19 18 17 15 14 14 13

CAPEX R$ 41.804.062
Memória de Cálculo: CAPEX ÷ (RESULTADO ANUAL ÷ 12) = Payback em meses Data Base: 21/02/2017
QUADRO 10. MATERIAL: CDR ESTRE

TIR ANUAL NÃO ALAVANCADA

RECEITA ENERGIA PRODUZIDA (R$/MWH)

5 unid.
0 300 350 400 450 500 550 600 650 700 750 800
-150 8,1% 13,4% 18,7% 24,0% 29,2% 34,5% 39,8% 45,1% 50,3% 55,6% 60,9%
-140 9,3% 14,6% 19,9% 25,1% 30,4% 35,7% 41,0% 46,2% 51,5% 56,8% 62,1%
-130 10,5% 15,8% 21,0% 26,3% 31,6% 36,9% 42,1% 47,4% 52,7% 58,0% 63,2%
-120 11,7% 16,9% 22,2% 27,5% 32,8% 38,0% 43,3% 48,6% 53,9% 59,1% 64,4%
-110 12,8% 18,1% 23,4% 28,7% 33,9% 39,2% 44,5% 49,8% 55,0% 60,3% 65,6%
-100 14,0% 19,3% 24,6% 29,8% 35,1% 40,4% 45,7% 50,9% 56,2% 61,5% 66,8%
-90 15,2% 20,5% 25,7% 31,0% 36,3% 41,6% 46,8% 52,1% 57,4% 62,7% 67,9%
-80 16,4% 21,6% 26,9% 32,2% 37,5% 42,7% 48,0% 53,3% 58,6% 63,9% 69,1%
-70 17,5% 22,8% 28,1% 33,4% 38,6% 43,9% 49,2% 54,5% 59,8% 65,0% 70,3%
-60 18,7% 24,0% 29,3% 34,6% 39,8% 45,1% 50,4% 55,7% 60,9% 66,2% 71,5%
-50 19,9% 25,2% 30,5% 35,7% 41,0% 46,3% 51,6% 56,8% 62,1% 67,4% 72,7%
-40 21,1% 26,4% 31,6% 36,9% 42,2% 47,5% 52,7% 58,0% 63,3% 68,6% 73,8%
RECEITA MATERIAL (R$/ton)

-30 22,3% 27,5% 32,8% 38,1% 43,4% 48,6% 53,9% 59,2% 64,5% 69,7% 75,0%
-20 23,4% 28,7% 34,0% 39,3% 44,5% 49,8% 55,1% 60,4% 65,6% 70,9% 76,2%
-10 24,6% 29,9% 35,2% 40,4% 45,7% 51,0% 56,3% 61,5% 66,8% 72,1% 77,4%
0 25,8% 31,1% 36,3% 41,6% 46,9% 52,2% 57,4% 62,7% 68,0% 73,3% 78,5%
10 26,8% 32,1% 37,3% 42,6% 47,9% 53,2% 58,4% 63,7% 69,0% 74,3% 79,6%
20 27,8% 33,1% 38,4% 43,6% 48,9% 54,2% 59,5% 64,7% 70,0% 75,3% 80,6%
30 28,8% 34,1% 39,4% 44,6% 49,9% 55,2% 60,5% 65,7% 71,0% 76,3% 81,6%
40 29,8% 35,1% 40,4% 45,6% 50,9% 56,2% 61,5% 66,7% 72,0% 77,3% 82,6%
50 30,8% 36,1% 41,4% 46,6% 51,9% 57,2% 62,5% 67,7% 73,0% 78,3% 83,6%
60 0,2% 31,8% 37,1% 42,4% 47,7% 52,9% 58,2% 63,5% 68,8% 74,0% 79,3% 84,6%
70 1,2% 32,8% 38,1% 43,4% 48,7% 53,9% 59,2% 64,5% 69,8% 75,0% 80,3% 85,6%
80 2,2% 33,8% 39,1% 44,4% 49,7% 54,9% 60,2% 65,5% 70,8% 76,0% 81,3% 86,6%
90 3,2% 34,8% 40,1% 45,4% 50,7% 55,9% 61,2% 66,5% 71,8% 77,0% 82,3% 87,6%
100 4,2% 35,8% 41,1% 46,4% 51,7% 57,0% 62,2% 67,5% 72,8% 78,1% 83,3% 88,6%
110 5,2% 36,9% 42,1% 47,4% 52,7% 58,0% 63,2% 68,5% 73,8% 79,1% 84,3% 89,6%
120 6,2% 37,9% 43,1% 48,4% 53,7% 59,0% 64,2% 69,5% 74,8% 80,1% 85,3% 90,6%
130 7,2% 38,9% 44,1% 49,4% 54,7% 60,0% 65,2% 70,5% 75,8% 81,1% 86,3% 91,6%
140 8,2% 39,9% 45,1% 50,4% 55,7% 61,0% 66,3% 71,5% 76,8% 82,1% 87,4% 92,6%
150 9,2% 40,9% 46,2% 51,4% 56,7% 62,0% 67,3% 72,5% 77,8% 83,1% 88,4% 93,6%

TIR: Taxa Interna de Retorno (% ao ano) Data Base: 21/02/2017

QUADRO 11. MATERIAL: CDR ESTRE

RECEITA ANUAL (R$)

RECEITA GÁS NATURAL EQUIVALENTE PRODUZIDO (R$/Nm³)

5 unid.
0 0,7 0,8 0,9 1 1,1 1,2 1,3 1,4 1,5 1,6 1,7
-150 -7.382.022 6.118.857 8.047.554 9.976.251 11.904.948 13.833.645 15.762.343 17.691.040 19.619.737 21.548.434 23.477.131 25.405.828
-140 -6.889.888 6.610.992 8.539.689 10.468.386 12.397.083 14.325.780 16.254.477 18.183.174 20.111.872 22.040.569 23.969.266 25.897.963
-130 -6.397.753 7.103.127 9.031.824 10.960.521 12.889.218 14.817.915 16.746.612 18.675.309 20.604.006 22.532.703 24.461.401 26.390.098
-120 -5.905.618 7.595.262 9.523.959 11.452.656 13.381.353 15.310.050 17.238.747 19.167.444 21.096.141 23.024.838 24.953.535 26.882.232
-110 -5.413.483 8.087.396 10.016.094 11.944.791 13.873.488 15.802.185 17.730.882 19.659.579 21.588.276 23.516.973 25.445.670 27.374.367
-100 -4.921.348 8.579.531 10.508.228 12.436.925 14.365.623 16.294.320 18.223.017 20.151.714 22.080.411 24.009.108 25.937.805 27.866.502
-90 -4.429.213 9.071.666 11.000.363 12.929.060 14.857.757 16.786.454 18.715.152 20.643.849 22.572.546 24.501.243 26.429.940 28.358.637
-80 -3.937.079 9.563.801 11.492.498 13.421.195 15.349.892 17.278.589 19.207.286 21.135.983 23.064.681 24.993.378 26.922.075 28.850.772
-70 -3.444.944 10.055.936 11.984.633 13.913.330 15.842.027 17.770.724 19.699.421 21.628.118 23.556.815 25.485.512 27.414.209 29.342.907
-60 -2.952.809 10.548.071 12.476.768 14.405.465 16.334.162 18.262.859 20.191.556 22.120.253 24.048.950 25.977.647 27.906.344 29.835.041
-50 -2.460.674 11.040.205 12.968.903 14.897.600 16.826.297 18.754.994 20.683.691 22.612.388 24.541.085 26.469.782 28.398.479 30.327.176
RECEITA MATERIAL (R$/ton)

-40 -1.968.539 11.532.340 13.461.037 15.389.734 17.318.431 19.247.129 21.175.826 23.104.523 25.033.220 26.961.917 28.890.614 30.819.311
-30 -1.476.404 12.024.475 13.953.172 15.881.869 17.810.566 19.739.263 21.667.960 23.596.658 25.525.355 27.454.052 29.382.749 31.311.446
-20 -984.270 12.516.610 14.445.307 16.374.004 18.302.701 20.231.398 22.160.095 24.088.792 26.017.489 27.946.187 29.874.884 31.803.581
-10 -492.135 13.008.745 14.937.442 16.866.139 18.794.836 20.723.533 22.652.230 24.580.927 26.509.624 28.438.321 30.367.018 32.295.716
0 0 13.500.880 15.429.577 17.358.274 19.286.971 21.215.668 23.144.365 25.073.062 27.001.759 28.930.456 30.859.153 32.787.850
10 492.135 13.993.014 15.921.711 17.850.409 19.779.106 21.707.803 23.636.500 25.565.197 27.493.894 29.422.591 31.351.288 33.279.985
20 984.270 14.485.149 16.413.846 18.342.543 20.271.240 22.199.938 24.128.635 26.057.332 27.986.029 29.914.726 31.843.423 33.772.120
30 1.476.404 14.977.284 16.905.981 18.834.678 20.763.375 22.692.072 24.620.769 26.549.467 28.478.164 30.406.861 32.335.558 34.264.255
40 1.968.539 15.469.419 17.398.116 19.326.813 21.255.510 23.184.207 25.112.904 27.041.601 28.970.298 30.898.996 32.827.693 34.756.390
50 2.460.674 15.961.554 17.890.251 19.818.948 21.747.645 23.676.342 25.605.039 27.533.736 29.462.433 31.391.130 33.319.827 35.248.525
60 2.952.809 16.453.689 18.382.386 20.311.083 22.239.780 24.168.477 26.097.174 28.025.871 29.954.568 31.883.265 33.811.962 35.740.659
70 3.444.944 16.945.823 18.874.520 20.803.218 22.731.915 24.660.612 26.589.309 28.518.006 30.446.703 32.375.400 34.304.097 36.232.794
80 3.937.079 17.437.958 19.366.655 21.295.352 23.224.049 25.152.747 27.081.444 29.010.141 30.938.838 32.867.535 34.796.232 36.724.929
90 4.429.213 17.930.093 19.858.790 21.787.487 23.716.184 25.644.881 27.573.578 29.502.276 31.430.973 33.359.670 35.288.367 37.217.064
100 4.921.348 18.422.228 20.350.925 22.279.622 24.208.319 26.137.016 28.065.713 29.994.410 31.923.107 33.851.805 35.780.502 37.709.199
110 5.413.483 18.914.363 20.843.060 22.771.757 24.700.454 26.629.151 28.557.848 30.486.545 32.415.242 34.343.939 36.272.636 38.201.334
120 5.905.618 19.406.498 21.335.195 23.263.892 25.192.589 27.121.286 29.049.983 30.978.680 32.907.377 34.836.074 36.764.771 38.693.468
130 6.397.753 19.898.632 21.827.329 23.756.027 25.684.724 27.613.421 29.542.118 31.470.815 33.399.512 35.328.209 37.256.906 39.185.603
140 6.889.888 20.390.767 22.319.464 24.248.161 26.176.858 28.105.556 30.034.253 31.962.950 33.891.647 35.820.344 37.749.041 39.677.738
150 7.382.022 20.882.902 22.811.599 24.740.296 26.668.993 28.597.690 30.526.387 32.455.085 34.383.782 36.312.479 38.241.176 40.169.873

MATERIAL PROCESSADO: 5,62 Ton/h

GNEQ PRODUZIDO 2.201,71 Nm³/h
Material com valor positivo é Receita
Material com valor negativo é OPEX Data Base: 21/02/2017
QUADRO 12. MATERIAL: CDR ESTRE

RECEITA MENOS IMPOSTOS (LUCRO PRESUMIDO)

RECEITA GÁS NATURAL EQUIVALENTE PRODUZIDO (R$/Nm³)

5 unid.
0 0,7 0,8 0,9 1 1,1 1,2 1,3 1,4 1,5 1,6 1,7
-150 -7.382.022 4.157.179 5.805.637 7.454.094 9.102.551 10.751.009 12.399.466 14.047.924 15.696.381 17.344.838 18.993.296 20.641.753
-140 -6.889.888 4.649.314 6.297.772 7.946.229 9.594.686 11.243.144 12.891.601 14.540.059 16.188.516 17.836.973 19.485.431 21.133.888
-130 -6.397.753 5.141.449 6.789.906 8.438.364 10.086.821 11.735.279 13.383.736 15.032.193 16.680.651 18.329.108 19.977.566 21.626.023
-120 -5.905.618 5.633.584 7.282.041 8.930.499 10.578.956 12.227.413 13.875.871 15.524.328 17.172.786 18.821.243 20.469.700 22.118.158
-110 -5.413.483 6.125.719 7.774.176 9.422.633 11.071.091 12.719.548 14.368.006 16.016.463 17.664.920 19.313.378 20.961.835 22.610.293
-100 -4.921.348 6.617.853 8.266.311 9.914.768 11.563.226 13.211.683 14.860.140 16.508.598 18.157.055 19.805.513 21.453.970 23.102.427
-90 -4.429.213 7.109.988 8.758.446 10.406.903 12.055.360 13.703.818 15.352.275 17.000.733 18.649.190 20.297.647 21.946.105 23.594.562
-80 -3.937.079 7.602.123 9.250.581 10.899.038 12.547.495 14.195.953 15.844.410 17.492.868 19.141.325 20.789.782 22.438.240 24.086.697
-70 -3.444.944 8.094.258 9.742.715 11.391.173 13.039.630 14.688.088 16.336.545 17.985.002 19.633.460 21.281.917 22.930.375 24.578.832
-60 -2.952.809 8.586.393 10.234.850 11.883.308 13.531.765 15.180.222 16.828.680 18.477.137 20.125.595 21.774.052 23.422.509 25.070.967
-50 -2.460.674 9.078.528 10.726.985 12.375.442 14.023.900 15.672.357 17.320.815 18.969.272 20.617.729 22.266.187 23.914.644 25.563.102
-40 -1.968.539 9.570.662 11.219.120 12.867.577 14.516.035 16.164.492 17.812.949 19.461.407 21.109.864 22.758.322 24.406.779 26.055.236
RECEITA MATERIAL (R$/ton)

-30 -1.476.404 10.062.797 11.711.255 13.359.712 15.008.169 16.656.627 18.305.084 19.953.542 21.601.999 23.250.456 24.898.914 26.547.371
-20 -984.270 10.554.932 12.203.390 13.851.847 15.500.304 17.148.762 18.797.219 20.445.676 22.094.134 23.742.591 25.391.049 27.039.506
-10 -492.135 11.047.067 12.695.524 14.343.982 15.992.439 17.640.897 19.289.354 20.937.811 22.586.269 24.234.726 25.883.184 27.531.641
0 0 11.539.202 13.187.659 14.836.117 16.484.574 18.133.031 19.781.489 21.429.946 23.078.404 24.726.861 26.375.318 28.023.776
10 420.628 11.959.829 13.608.287 15.256.744 16.905.202 18.553.659 20.202.116 21.850.574 23.499.031 25.147.489 26.795.946 28.444.403
20 841.255 12.380.457 14.028.914 15.677.372 17.325.829 18.974.287 20.622.744 22.271.201 23.919.659 25.568.116 27.216.574 28.865.031
30 1.261.883 12.801.085 14.449.542 16.097.999 17.746.457 19.394.914 21.043.372 22.691.829 24.340.286 25.988.744 27.637.201 29.285.659
40 1.682.511 13.221.712 14.870.170 16.518.627 18.167.085 19.815.542 21.463.999 23.112.457 24.760.914 26.409.372 28.057.829 29.706.286
50 2.103.138 13.642.340 15.290.797 16.939.255 18.587.712 20.236.170 21.884.627 23.533.084 25.181.542 26.829.999 28.478.457 30.126.914
60 2.523.766 14.062.968 15.711.425 17.359.882 19.008.340 20.656.797 22.305.255 23.953.712 25.602.169 27.250.627 28.899.084 30.547.542
70 2.944.393 14.483.595 16.132.053 17.780.510 19.428.967 21.077.425 22.725.882 24.374.340 26.022.797 27.671.254 29.319.712 30.968.169
80 3.365.021 14.904.223 16.552.680 18.201.138 19.849.595 21.498.052 23.146.510 24.794.967 26.443.425 28.091.882 29.740.339 31.388.797
90 3.785.649 15.324.851 16.973.308 18.621.765 20.270.223 21.918.680 23.567.138 25.215.595 26.864.052 28.512.510 30.160.967 31.809.425
100 4.206.276 15.745.478 17.393.936 19.042.393 20.690.850 22.339.308 23.987.765 25.636.223 27.284.680 28.933.137 30.581.595 32.230.052
110 4.626.904 16.166.106 17.814.563 19.463.021 21.111.478 22.759.935 24.408.393 26.056.850 27.705.308 29.353.765 31.002.222 32.650.680
120 5.047.532 16.586.733 18.235.191 19.883.648 21.532.106 23.180.563 24.829.020 26.477.478 28.125.935 29.774.393 31.422.850 33.071.307
130 5.468.159 17.007.361 18.655.818 20.304.276 21.952.733 23.601.191 25.249.648 26.898.105 28.546.563 30.195.020 31.843.478 33.491.935
140 5.888.787 17.427.989 19.076.446 20.724.904 22.373.361 24.021.818 25.670.276 27.318.733 28.967.191 30.615.648 32.264.105 33.912.563
150 6.309.415 17.848.616 19.497.074 21.145.531 22.793.989 24.442.446 26.090.903 27.739.361 29.387.818 31.036.276 32.684.733 34.333.190

Impostos 14,53%
Nota: Considerada tributação de prestação de serviço (locação) com opção pelo lucro presumido. Data Base: 21/02/2017
QUADRO 13. MATERIAL: CDR ESTRE

RESULTADO ANUAL (R$)

RECEITA GÁS NATURAL EQUIVALENTE PRODUZIDO (R$/Nm³)

5 unid.
0 0,7 0,8 0,9 1 1,1 1,2 1,3 1,4 1,5 1,6 1,7
-150 -9.936.326 1.602.876 3.251.333 4.899.791 6.548.248 8.196.706 9.845.163 11.493.620 13.142.078 14.790.535 16.438.993 18.087.450
-140 -9.444.191 2.095.011 3.743.468 5.391.926 7.040.383 8.688.841 10.337.298 11.985.755 13.634.213 15.282.670 16.931.127 18.579.585
-130 -8.952.056 2.587.146 4.235.603 5.884.061 7.532.518 9.180.975 10.829.433 12.477.890 14.126.348 15.774.805 17.423.262 19.071.720
-120 -8.459.921 3.079.281 4.727.738 6.376.195 8.024.653 9.673.110 11.321.568 12.970.025 14.618.482 16.266.940 17.915.397 19.563.855
-110 -7.967.786 3.571.415 5.219.873 6.868.330 8.516.788 10.165.245 11.813.702 13.462.160 15.110.617 16.759.075 18.407.532 20.055.989
-100 -7.475.652 4.063.550 5.712.008 7.360.465 9.008.922 10.657.380 12.305.837 13.954.295 15.602.752 17.251.209 18.899.667 20.548.124
-90 -6.983.517 4.555.685 6.204.142 7.852.600 9.501.057 11.149.515 12.797.972 14.446.429 16.094.887 17.743.344 19.391.802 21.040.259
-80 -6.491.382 5.047.820 6.696.277 8.344.735 9.993.192 11.641.649 13.290.107 14.938.564 16.587.022 18.235.479 19.883.936 21.532.394
-70 -5.999.247 5.539.955 7.188.412 8.836.870 10.485.327 12.133.784 13.782.242 15.430.699 17.079.157 18.727.614 20.376.071 22.024.529
-60 -5.507.112 6.032.090 7.680.547 9.329.004 10.977.462 12.625.919 14.274.377 15.922.834 17.571.291 19.219.749 20.868.206 22.516.664
-50 -5.014.977 6.524.224 8.172.682 9.821.139 11.469.597 13.118.054 14.766.511 16.414.969 18.063.426 19.711.884 21.360.341 23.008.798
RECEITA MATERIAL (R$/ton)

-40 -4.522.843 7.016.359 8.664.817 10.313.274 11.961.731 13.610.189 15.258.646 16.907.104 18.555.561 20.204.018 21.852.476 23.500.933
-30 -4.030.708 7.508.494 9.156.951 10.805.409 12.453.866 14.102.324 15.750.781 17.399.238 19.047.696 20.696.153 22.344.611 23.993.068
-20 -3.538.573 8.000.629 9.649.086 11.297.544 12.946.001 14.594.458 16.242.916 17.891.373 19.539.831 21.188.288 22.836.745 24.485.203
-10 -3.046.438 8.492.764 10.141.221 11.789.679 13.438.136 15.086.593 16.735.051 18.383.508 20.031.966 21.680.423 23.328.880 24.977.338
0 -2.554.303 8.984.899 10.633.356 12.281.813 13.930.271 15.578.728 17.227.186 18.875.643 20.524.100 22.172.558 23.821.015 25.469.473
10 -2.133.676 9.405.526 11.053.984 12.702.441 14.350.898 15.999.356 17.647.813 19.296.271 20.944.728 22.593.185 24.241.643 25.890.100
20 -1.713.048 9.826.154 11.474.611 13.123.069 14.771.526 16.419.983 18.068.441 19.716.898 21.365.356 23.013.813 24.662.270 26.310.728
30 -1.292.420 10.246.781 11.895.239 13.543.696 15.192.154 16.840.611 18.489.068 20.137.526 21.785.983 23.434.441 25.082.898 26.731.355
40 -871.793 10.667.409 12.315.867 13.964.324 15.612.781 17.261.239 18.909.696 20.558.153 22.206.611 23.855.068 25.503.526 27.151.983
50 -451.165 11.088.037 12.736.494 14.384.952 16.033.409 17.681.866 19.330.324 20.978.781 22.627.239 24.275.696 25.924.153 27.572.611
60 -30.537 11.508.664 13.157.122 14.805.579 16.454.037 18.102.494 19.750.951 21.399.409 23.047.866 24.696.324 26.344.781 27.993.238
70 390.090 11.929.292 13.577.749 15.226.207 16.874.664 18.523.122 20.171.579 21.820.036 23.468.494 25.116.951 26.765.409 28.413.866
80 810.718 12.349.920 13.998.377 15.646.834 17.295.292 18.943.749 20.592.207 22.240.664 23.889.121 25.537.579 27.186.036 28.834.494
90 1.231.346 12.770.547 14.419.005 16.067.462 17.715.920 19.364.377 21.012.834 22.661.292 24.309.749 25.958.206 27.606.664 29.255.121
100 1.651.973 13.191.175 14.839.632 16.488.090 18.136.547 19.785.005 21.433.462 23.081.919 24.730.377 26.378.834 28.027.292 29.675.749
110 2.072.601 13.611.803 15.260.260 16.908.717 18.557.175 20.205.632 21.854.090 23.502.547 25.151.004 26.799.462 28.447.919 30.096.377
120 2.493.228 14.032.430 15.680.888 17.329.345 18.977.802 20.626.260 22.274.717 23.923.175 25.571.632 27.220.089 28.868.547 30.517.004
130 2.913.856 14.453.058 16.101.515 17.749.973 19.398.430 21.046.887 22.695.345 24.343.802 25.992.260 27.640.717 29.289.174 30.937.632
140 3.334.484 14.873.686 16.522.143 18.170.600 19.819.058 21.467.515 23.115.973 24.764.430 26.412.887 28.061.345 29.709.802 31.358.259
150 3.755.111 15.294.313 16.942.771 18.591.228 20.239.685 21.888.143 23.536.600 25.185.058 26.833.515 28.481.972 30.130.430 31.778.887

OPEX R$ 2.554.303
Nota: Considerada tributação de prestação de serviço (locação) com opção pelo lucro presumido. Data Base: 21/02/2017
QUADRO 14. MATERIAL: CDR ESTRE

PAYBACK EM MESES

RECEITA GÁS NATURAL EQUIVALENTE PRODUZIDO (R$/Nm³)

5 unid.
0 0,7 0,8 0,9 1 1,1 1,2 1,3 1,4 1,5 1,6 1,7
-150 148 73 48 36 29 24 21 18 16 14 13
-140 113 63 44 34 27 23 20 17 15 14 13
-130 91 56 40 31 26 22 19 17 15 14 12
-120 77 50 37 29 24 21 18 16 15 13 12
-110 66 45 34 28 23 20 18 16 14 13 12
-100 58 41 32 26 22 19 17 15 14 13 12
-90 52 38 30 25 21 18 16 15 13 12 11
-80 47 35 28 24 20 18 16 14 13 12 11
-70 43 33 27 23 19 17 15 14 13 12 11
-60 39 31 25 22 19 17 15 13 12 11 11
-50 36 29 24 21 18 16 14 13 12 11 10
-40 34 27 23 20 17 16 14 13 12 11 10
RECEITA MATERIAL (R$/ton)

-30 32 26 22 19 17 15 14 12 11 11 10
-20 30 25 21 18 16 15 13 12 11 10 10
-10 28 23 20 18 16 14 13 12 11 10 9
0 26 22 19 17 15 14 13 12 11 10 9
10 25 21 19 16 15 13 12 11 10 10 9
20 24 21 18 16 14 13 12 11 10 10 9
30 23 20 17 16 14 13 12 11 10 9 9
40 22 19 17 15 14 13 12 11 10 9 9
50 21 19 16 15 13 12 11 10 10 9 9
60 21 18 16 14 13 12 11 10 10 9 8
70 606 20 17 16 14 13 12 11 10 9 9 8
80 292 19 17 15 14 12 11 11 10 9 9 8
90 192 19 16 15 13 12 11 10 10 9 9 8
100 143 18 16 14 13 12 11 10 10 9 8 8
110 114 17 16 14 13 12 11 10 9 9 8 8
120 95 17 15 14 12 11 11 10 9 9 8 8
130 81 16 15 13 12 11 10 10 9 9 8 8
140 71 16 14 13 12 11 10 10 9 8 8 8
150 63 15 14 13 12 11 10 9 9 8 8 7

CAPEX R$ 19.714.096
Memória de Cálculo: CAPEX ÷ (RESULTADO ANUAL ÷ 12) = Payback em meses Data Base: 21/02/2017
QUADRO 15. MATERIAL: CDR ESTRE

TIR ANUAL NÃO ALAVANCADA

RECEITA GÁS NATURAL EQUIVALENTE PRODUZIDO (R$/Nm³)

5 unid.
0 0,7 0,8 0,9 1 1,1 1,2 1,3 1,4 1,5 1,6 1,7
-150 8,1% 16,5% 24,9% 33,2% 41,6% 49,9% 58,3% 66,7% 75,0% 83,4% 91,7%
-140 10,6% 19,0% 27,4% 35,7% 44,1% 52,4% 60,8% 69,2% 77,5% 85,9% 94,2%
-130 13,1% 21,5% 29,8% 38,2% 46,6% 54,9% 63,3% 71,7% 80,0% 88,4% 96,7%
-120 15,6% 24,0% 32,3% 40,7% 49,1% 57,4% 65,8% 74,2% 82,5% 90,9% 99,2%
-110 18,1% 26,5% 34,8% 43,2% 51,6% 59,9% 68,3% 76,6% 85,0% 93,4% 101,7%
-100 20,6% 29,0% 37,3% 45,7% 54,1% 62,4% 70,8% 79,1% 87,5% 95,9% 104,2%
-90 23,1% 31,5% 39,8% 48,2% 56,6% 64,9% 73,3% 81,6% 90,0% 98,4% 106,7%
-80 25,6% 34,0% 42,3% 50,7% 59,1% 67,4% 75,8% 84,1% 92,5% 100,9% 109,2%
-70 28,1% 36,5% 44,8% 53,2% 61,5% 69,9% 78,3% 86,6% 95,0% 103,4% 111,7%
-60 30,6% 39,0% 47,3% 55,7% 64,0% 72,4% 80,8% 89,1% 97,5% 105,9% 114,2%
-50 33,1% 41,5% 49,8% 58,2% 66,5% 74,9% 83,3% 91,6% 100,0% 108,4% 116,7%
-40 35,6% 44,0% 52,3% 60,7% 69,0% 77,4% 85,8% 94,1% 102,5% 110,8% 119,2%
RECEITA MATERIAL (R$/ton)

-30 38,1% 46,4% 54,8% 63,2% 71,5% 79,9% 88,3% 96,6% 105,0% 113,3% 121,7%
-20 40,6% 48,9% 57,3% 65,7% 74,0% 82,4% 90,8% 99,1% 107,5% 115,8% 124,2%
-10 43,1% 51,4% 59,8% 68,2% 76,5% 84,9% 93,3% 101,6% 110,0% 118,3% 126,7%
0 45,6% 53,9% 62,3% 70,7% 79,0% 87,4% 95,7% 104,1% 112,5% 120,8% 129,2%
10 47,7% 56,1% 64,4% 72,8% 81,2% 89,5% 97,9% 106,2% 114,6% 123,0% 131,3%
20 49,8% 58,2% 66,6% 74,9% 83,3% 91,7% 100,0% 108,4% 116,7% 125,1% 133,5%
30 52,0% 60,3% 68,7% 77,1% 85,4% 93,8% 102,1% 110,5% 118,9% 127,2% 135,6%
40 54,1% 62,5% 70,8% 79,2% 87,6% 95,9% 104,3% 112,6% 121,0% 129,4% 137,7%
50 56,2% 64,6% 73,0% 81,3% 89,7% 98,1% 106,4% 114,8% 123,1% 131,5% 139,9%
60 58,4% 66,7% 75,1% 83,5% 91,8% 100,2% 108,5% 116,9% 125,3% 133,6% 142,0%
70 2,0% 60,5% 68,9% 77,2% 85,6% 94,0% 102,3% 110,7% 119,0% 127,4% 135,8% 144,1%
80 4,1% 62,6% 71,0% 79,4% 87,7% 96,1% 104,5% 112,8% 121,2% 129,5% 137,9% 146,3%
90 6,2% 64,8% 73,1% 81,5% 89,9% 98,2% 106,6% 114,9% 123,3% 131,7% 140,0% 148,4%
100 8,4% 66,9% 75,3% 83,6% 92,0% 100,4% 108,7% 117,1% 125,4% 133,8% 142,2% 150,5%
110 10,5% 69,0% 77,4% 85,8% 94,1% 102,5% 110,9% 119,2% 127,6% 135,9% 144,3% 152,7%
120 12,6% 71,2% 79,5% 87,9% 96,3% 104,6% 113,0% 121,4% 129,7% 138,1% 146,4% 154,8%
130 14,8% 73,3% 81,7% 90,0% 98,4% 106,8% 115,1% 123,5% 131,8% 140,2% 148,6% 156,9%
140 16,9% 75,4% 83,8% 92,2% 100,5% 108,9% 117,3% 125,6% 134,0% 142,3% 150,7% 159,1%
150 19,0% 77,6% 85,9% 94,3% 102,7% 111,0% 119,4% 127,8% 136,1% 144,5% 152,8% 161,2%

TIR: Taxa Interna de Retorno (% ao ano) Data Base: 21/02/2017