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2. Carry out a financial analysis of the ideal reheat-regenerative Rankine cycle of Question 1 (i.e. estimate /kWh). The actual cycle achieves 70% of the
2. Carry out a financial analysis of the ideal reheat-regenerative Rankine cycle of Question 1 (i.e. estimate /kWh). The actual cycle achieves 70% of the ideal cycle efficiency, due to various irreversibilities. The boiler efficiency is 80% and generator efficiency is 97%. The plant is rated at 600MW and has capacity factor of 75%, over 8760 operating hours per year. The plant's initial cost is 300 million. The lifetime of the analysis is 20 years, and the MARR is 8%. The balance of cost is 20million/year. Assume the cost of coal is 40/tonne and an energy content of 25GJ/tonne. Return of investment is 5million. (5%) 2. Carry out a financial analysis of the ideal reheat-regenerative Rankine cycle of Question 1 (i.e. estimate /kWh). The actual cycle achieves 70% of the ideal cycle efficiency, due to various irreversibilities. The boiler efficiency is 80% and generator efficiency is 97%. The plant is rated at 600MW and has capacity factor of 75%, over 8760 operating hours per year. The plant's initial cost is 300 million. The lifetime of the analysis is 20 years, and the MARR is 8%. The balance of cost is 20million/year. Assume the cost of coal is 40/tonne and an energy content of 25GJ/tonne. Return of investment is 5million. (5%)
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