Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please show steps Note: convert all the currencies to US dollars. a) What is the yearly gross revenue for a wind farm including 50 wind
please show steps Note: convert all the currencies to US dollars. a) What is the yearly gross revenue for a wind farm including 50 wind turbines, selected in problem 2, generating electricity at a rate of $0.11/kw-hr? b) Estimate the initial capital needed for this farm excluding the cost of land acquisition and calculate the annual loan repayment including capital with a financing term of 15 years and an interest rate of 88 per annum. Assume $2 Million/MW for wind turbine commissioning. c) Estimate the annual cost of O&M (Operation & Maintenance). d) Determine the net annual revenue over the period of 15 years and comment on the profitability of this farm. e) What is the break-even point for this investment? Comment. Note: convert all the currencies to US dollars. a) What is the yearly gross revenue for a wind farm including 50 wind turbines, selected in problem 2, generating electricity at a rate of $0.11/kw-hr? b) Estimate the initial capital needed for this farm excluding the cost of land acquisition and calculate the annual loan repayment including capital with a financing term of 15 years and an interest rate of 88 per annum. Assume $2 Million/MW for wind turbine commissioning. c) Estimate the annual cost of O&M (Operation & Maintenance). d) Determine the net annual revenue over the period of 15 years and comment on the profitability of this farm. e) What is the break-even point for this investment? Comment
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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