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The Ivanpah solar thermal power plant cost $2.2 billion to build. The gross plant electric output is 392 MW, and the net output is 377
The Ivanpah solar thermal power plant cost $2.2 billion to build. The gross plant electric output is 392 MW, and the net output is 377 MW. The planned capacity factor was 27.4%, but the actual capacity factor in 2016 was 20.5%. At best the plant thermal efficiency appears to be 18%. In addition, for the daily startup process, the solar plant also burned 1.31012 Btu of natural gas in 2016. The cost of natural gas in 2016 was about $2.5 per million Btu. Assuming a levelized annual fixed charge rate of 7%, determine (a) the electricity capital cost (/kWh), and (b) the electricity fuel cost (/kWh) during the startup process. For part (b), the fuel costs should be prorated (spread) across all the electricity produced by the plant
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