More than 10 pounds per hour of criteria pollutants (does not include VOCs),. A minor source construction permit Universal Application form is required if the facility potential emission rates are: Streamline permits are available if conditions in 20.2.72.300 NMAC are met. Minor Source Construction Permit (Part 72 Permits)Īir quality construction permits must be obtained for new or modified sources prior to beginning construction per 20.2.72 NMAC. More than 10 tons per year of any regulated air contaminant (includes VOCs). 
Use the Oil and Gas Facilities NOI Forms or Universal Application Form to submit an NOI if calculated potential emission rates are: Construction may not begin prior to issuance of a written determination by the department that a permit is not required, based on the information submitted in the NOI forms. Notice of IntentĪ Notice of Intent (NOI), per 20.2.73 NMAC, is not a permit. Simply maintain records of the calculations.
Less than 10 pounds per hour of any regulated air pollutant with a national or state ambient air quality standard (does not include VOCs), and. 
Less than 10 tons per year of any regulated air contaminant (includes volatile organic compounds (VOCs)),. You do not need to apply for an air quality permit, nor submit a notice of intent prior to construction, if your calculated potential emission rates are: Use these links to access additional information on air quality permitting: Use the Contact Us link to schedule a pre-application meeting. If you are not familiar with air quality permitting in New Mexico, we suggest a pre-application meeting with our staff prior to you putting effort into the application process. (See definitions of Potential Emission Rate and Potential to Emit in 20.2.73 NMAC.) The emissions are compared to the thresholds in the regulations to determine the required permit type, and to determine if the facility will be designated as a minor source or a major source. This also applies to temporary installations. Only reductions that are enforceable are used in this calculation. To determine if a permit is required or a notice of intent must be submitted prior to construction, emissions from the facility are calculated as if the facility were operating continuously, 8,760 hours per year (24 hrs/day, 365 days/yr). Companies that intend to build or modify facilities that emit pollutants into the air must determine if they are required to apply for an air quality permit or submit a notice of intent to NMED prior to constructing. Noi calculation spreadsheet series#
MIRR: Calculates the modified internal rate of return on an investment based on a series of periodic cash flows and the difference between the interest rate paid on financing versus the return received on reinvested income.NMED’s Air Quality Bureau issues permits and reviews notices of intent for facilities that emit pollutants into the air to ensure state and federal emissions requirements are met and public health and the environment are protected. NPV: Calculates the net present value of an investment based on a series of periodic cash flows and a discount rate. PV: Calculates the present value of an annuity investment based on constant-amount periodic payments and a constant interest rate. XIRR: Calculates the internal rate of return of an investment based on a specified series of potentially irregularly spaced cash flows. XNPV: Calculates the net present value of an investment based on a specified series of potentially irregularly spaced cash flows and a discount rate. If the cash flows of an investment are irregularly spaced, use XIRR instead. NPV will return zero if discount is set to the result of IRR using the same cash flow amounts. coupons) or negative if it represents payments (e.g. Rate_guess - An estimate for what the internal rate of return will be.Įach cell in cashflow_amounts should be positive if it represents income from the perspective of the owner of the investment (e.g.
cashflow_amounts must contain at least one negative and one positive cash flow to calculate rate of return. Sample UsageĬashflow_amounts - An array or range containing the income or payments associated with the investment. Calculates the internal rate of return on an investment based on a series of periodic cash flows.
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