Question 2. Refer to Table I. and calculate the electricity cost ($/kWh) for the following power plants. Assume that the plants operate at equivalent rate of full power. (10 marks) (i) Hydroelectric Power Plant which runs 4380 hours/year. Assume a fixed charge rate of $0.1/year. (ii) Wind Turbine Power Plant which runs 5840 hours/year. Assume a fixed charge rate of $0.2/year. Table I. Cost Parameters for Power Plants Power Plant Fuel Capital Cost ($/kW) 1. Hydroelectric Water 2000 2. Wind Turbine Air 1500 Heat Rate Fuel Cost Variable Cost (Btu/kWh) ($/kWh) O&M ($/kWh) 0.000 0.006 0.000 0.007