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A proposed wind project in South Dakota is estimated to have an average power output that is 5 0 % of the capacity of the

A proposed wind project in South Dakota is estimated to have an average power output that is 50% of the capacity of the project (156 MW). The project is being financed over 25 years with 60% of the TIC =$ 231 million financed via equity at a rate of 12% and the remaining balance of the TIC is financed via debt at a rate of 5%. The recurring costs include $ 44/kW of capacity per year. Calculate the following for this project:
LCOE in $/MWh (rounded to 2 decimal places)

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