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A power cycle has a thermal efficiency of 40% and generates electricity at rate of 120MW. The electricity is valued at 0.09euros per KW-h.

A power cycle has a thermal efficiency of 40% and generates electricity at rate of 120MW. The electricity is valued at 0.09euros per KW-h. Based on the cost of fuel, the cost to supply heat rate is 5 euros per GJ. For 8000hrs of operation annually. Find in euros a) The value of the electricity generated per year. b) The annual fuel cost

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