Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A 10 MW PV power plant has a capital cost of $1750/kW. It is estimated that the annual operating and the maintenance costs are
A 10 MW PV power plant has a capital cost of $1750/kW. It is estimated that the annual operating and the maintenance costs are $37500. It has a design life of 20 years and a capacity factor of 35%. The competing fossil fuel electricity price is $0.067 per kWh. Calculate: (i) the payback period. (ii) the overall electricity cost with zero interest rate. (iii) the overall electricity cost with a 15 % discount rate.
Step by Step Solution
★★★★★
3.38 Rating (148 Votes )
There are 3 Steps involved in it
Step: 1
To calculate the payback period and overall electricity cost for a 10 MW PV power plant well need to consider the capital cost operating and maintenan...
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Database Systems Design Implementation and Management
Authors: Carlos Coronel, Steven Morris
11th edition
9781305323230, 1285196147, 1305323238, 978-1285196145
