Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

LCOE isLevelized Cost of Energy A proposed wind project in Minnesota is estimated to have an average power output that is 35% of the capacity

image text in transcribed

LCOE isLevelized Cost of Energy

A proposed wind project in Minnesota is estimated to have an average power output that is 35% of the capacity of the project (168 MW). The project is being financed over 20 years with 56% of the TIC = exist290 million financed via equity at a rate of 11% and 44% of the TIC financed via debt at a rate of 4%. The recurring costs include exist0.02/kWh plus an annual cost of 55039 each year. Calculate the following for this project: a) Annual energy production for this turbine in MWh (rounded to 2 decimal places) 123 b) Fixed charge rate in decimals (not %) (rounded to 3 decimal places) 123 LCOE in exist/kWh (rounded to 3 decimal places) 123

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Algorithm Audit Why What And How

Authors: Biagio Aragona

1st Edition

0367530929, 978-0367530921

More Books

Students also viewed these Accounting questions

Question

When should the auditor avoid judgment sampling?

Answered: 1 week ago

Question

4. Identify cultural variations in communication style.

Answered: 1 week ago

Question

9. Understand the phenomenon of code switching and interlanguage.

Answered: 1 week ago

Question

8. Explain the difference between translation and interpretation.

Answered: 1 week ago