11) Assume that coal emits 1 tonne of CO2 equivalent per MWh (tCO2e/MWh), simple cycle emits 0.6 tCO2e/MWh and combined cycle 0.4 tCO2e/MWh. If the government introduces a S30/t carbon levy redraw the merit order from question 7. Assume demand is 775 MW. If the wind generator generates 1 REC for each MWh it produces, what price would you expect them to sell for? (hint: how much does the marginal generator pay in carbon tax) Fixed Costs (FC) Overnight Variable Costs (VC) adj. for Fuel type Capital Capacity Capacity Cost Size MW OC/ MW Lifetime FC/MWh factor factor Fuel Cost Heat Rate IVC/MWh Years GJ/MWh S/MWh S/MWh 35.0 40.0 35.0 0.3 0.9 0.8 0.9 0.0 2.0 4.0 4.0 0.0 11.0 90.2 71.6 52.9 58.6 Wind Coal 357.0 3045.0 676.0 50.0 170.0 27.1 44.6 16.8 13.1 90.2 49.6 20.9 14.6 0.0 22.0 32.0 44.0 3.5 520.0 50.0 GT Discount Rate- 11% 11) Assume that coal emits 1 tonne of CO2 equivalent per MWh (tCO2e/MWh), simple cycle emits 0.6 tCO2e/MWh and combined cycle 0.4 tCO2e/MWh. If the government introduces a S30/t carbon levy redraw the merit order from question 7. Assume demand is 775 MW. If the wind generator generates 1 REC for each MWh it produces, what price would you expect them to sell for? (hint: how much does the marginal generator pay in carbon tax) Fixed Costs (FC) Overnight Variable Costs (VC) adj. for Fuel type Capital Capacity Capacity Cost Size MW OC/ MW Lifetime FC/MWh factor factor Fuel Cost Heat Rate IVC/MWh Years GJ/MWh S/MWh S/MWh 35.0 40.0 35.0 0.3 0.9 0.8 0.9 0.0 2.0 4.0 4.0 0.0 11.0 90.2 71.6 52.9 58.6 Wind Coal 357.0 3045.0 676.0 50.0 170.0 27.1 44.6 16.8 13.1 90.2 49.6 20.9 14.6 0.0 22.0 32.0 44.0 3.5 520.0 50.0 GT Discount Rate- 11%