Answered step by step
Verified Expert Solution
Question
1 Approved Answer
maintenance (O&M) costs, annual fuel cost, and plant size for three different types of power plants. Assume 8,760 hours per year of maximum generation, a
maintenance (O&M) costs, annual fuel cost, and plant size for three different types of power plants. Assume 8,760 hours per year of maximum generation, a discount rate of 590, and a 20 year period of analysis (project life). 1 megawatt 1,000 kilowatts Kwh kilowatt hour MW = megawatt Fixed annual Aual Plant size Type of Capacity Initial capital O&M cost fuel cost (nameplate power Plant factor cost of plant per Kwh per Kwhcapacity) $800 million $0.0013/Kwh $0.0380/K wh 600 MW $200 million $0.0137/Kwh $0.0000/Kwh 100 MW 0.90 $10,900 million S0.0126/Kwh $0.0110/Kwh 1,500 MW Natural Gas Onshore Wind 0.39 Nuclear 0.87 a) Calculate the simplified levelized cost per megawatt hour each type of power plant option assuming the rate of discount is 5% (.05) and a 20 year period of analysis. maintenance (O&M) costs, annual fuel cost, and plant size for three different types of power plants. Assume 8,760 hours per year of maximum generation, a discount rate of 590, and a 20 year period of analysis (project life). 1 megawatt 1,000 kilowatts Kwh kilowatt hour MW = megawatt Fixed annual Aual Plant size Type of Capacity Initial capital O&M cost fuel cost (nameplate power Plant factor cost of plant per Kwh per Kwhcapacity) $800 million $0.0013/Kwh $0.0380/K wh 600 MW $200 million $0.0137/Kwh $0.0000/Kwh 100 MW 0.90 $10,900 million S0.0126/Kwh $0.0110/Kwh 1,500 MW Natural Gas Onshore Wind 0.39 Nuclear 0.87 a) Calculate the simplified levelized cost per megawatt hour each type of power plant option assuming the rate of discount is 5% (.05) and a 20 year period of analysis
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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