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B. PROBLEM A utility company has the following very simplified load duration curve. 1000 900 800 Demand (MW) 700 600 500 400 300 $760 hry

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B. PROBLEM A utility company has the following very simplified load duration curve. 1000 900 800 Demand (MW) 700 600 500 400 300 $760 hry 200 100 0 0 1000 2000 3000 4000 5000 6000 7000 8000 9000 Hours/year To serve the customers, the company runs 3 power plants: 500 MW coal-steam to cover the base load, 300 MW com ed-cycle for intermediate load, and 200 MW gas turbin for the peak load. The cost parameters of the power plants are as shown below. The fixed charge rate (FCR) for the capital cost is 0.16 per year. Generation Type Coal-Steam Combined-Cycle Gas Turbine Capital Cost ($/kW) 1,400 600 600 Heat Rate (Btu/kWh) 9,700 7,700 9,100 Fuel Cost ($/M Btu) 1.50 4.50 4.50 Variable Costs ($/kWh) 0.0043 0.0037 0.0050 Fill out the table below. Show your works. Generation CF Annualized Annualized Type Fixed Cost Variable ($/Yr) Cost ($/Yr) Total Annual Electricity Annualized Generation Cost ($/kWh) Cost (kWh/yr) ($/yr) Coal-Steam Combined-Cycle Gas Turbine Overall Company B. PROBLEM A utility company has the following very simplified load duration curve. 1000 900 800 Demand (MW) 700 600 500 400 300 $760 hry 200 100 0 0 1000 2000 3000 4000 5000 6000 7000 8000 9000 Hours/year To serve the customers, the company runs 3 power plants: 500 MW coal-steam to cover the base load, 300 MW com ed-cycle for intermediate load, and 200 MW gas turbin for the peak load. The cost parameters of the power plants are as shown below. The fixed charge rate (FCR) for the capital cost is 0.16 per year. Generation Type Coal-Steam Combined-Cycle Gas Turbine Capital Cost ($/kW) 1,400 600 600 Heat Rate (Btu/kWh) 9,700 7,700 9,100 Fuel Cost ($/M Btu) 1.50 4.50 4.50 Variable Costs ($/kWh) 0.0043 0.0037 0.0050 Fill out the table below. Show your works. Generation CF Annualized Annualized Type Fixed Cost Variable ($/Yr) Cost ($/Yr) Total Annual Electricity Annualized Generation Cost ($/kWh) Cost (kWh/yr) ($/yr) Coal-Steam Combined-Cycle Gas Turbine Overall Company

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