, 3. A certain wind turbine is rated at 8 MW and has an installed cost of $12,000,000. The capacity factor is 0.42. The turbine is paid for with a down payment of 1/10 of the installed cost and a loan. The loan interest rate, b, is 8% and the period of the loan, N, is 15 years. The economic lifetime of the turbine, L, is to be 20 years, the inflation rate is 4% and the discount rate, r, is 5 %. The O&M cost is 1% of the initial cost each year, increasing at the inflation rate. Find the following: i) The simple payback period if the electricity generated could be sold for $0.10/kWh ii) The capital recovery factor for the loan iii) The annual payment for the loan, $/yr iv) the present value of the cash flow (revenue minus expenses) in the 15th year v) the net present value of all the costs over the economic lifetime, in $ vi) the cost of producing the energy as defined in Eq. 11.20, $ per kWh. vii) the net present value of the total cash flow (revenue minus costs, i.e. profit) over the economic lifetime, $ , 3. A certain wind turbine is rated at 8 MW and has an installed cost of $12,000,000. The capacity factor is 0.42. The turbine is paid for with a down payment of 1/10 of the installed cost and a loan. The loan interest rate, b, is 8% and the period of the loan, N, is 15 years. The economic lifetime of the turbine, L, is to be 20 years, the inflation rate is 4% and the discount rate, r, is 5 %. The O&M cost is 1% of the initial cost each year, increasing at the inflation rate. Find the following: i) The simple payback period if the electricity generated could be sold for $0.10/kWh ii) The capital recovery factor for the loan iii) The annual payment for the loan, $/yr iv) the present value of the cash flow (revenue minus expenses) in the 15th year v) the net present value of all the costs over the economic lifetime, in $ vi) the cost of producing the energy as defined in Eq. 11.20, $ per kWh. vii) the net present value of the total cash flow (revenue minus costs, i.e. profit) over the economic lifetime, $