You are required to submit a report that explains with a sufficient level of detail how the results are obtained. Also, you need to submit your codes (if any). Everything should be submitted on BB in a single zipped file. Data Consider the following fuel cell options: Type Capacity Investment Operating Cost Lifetime ($/kW) (hours) 60,000 4000 2500 50,000 A B (kW) 250 100 Energy Conversion (kWh/kgH2) (%) 60 33.3 40 Peak load (kW) Eff. H2 Fixed O&M Cost Cost ($/kgH2) ($/kW-year) 60 5 90 FOR The peak load of the existing system (i.e. year 0) and the next 4 years is expected to be as follows: Year 0 500 Year 1 500 Year 2 500 Year 3 600 Year 4 600 (%) 5 5 Normalized load = 1-0.6T, where 0 T 1 The discount rate is taken to be 6%. The salvage value (before discounting), SV, is modeled using the following formula: SV = Inv*(1-x)N, where PW is the investment cost of the asset, a = 25% is the depreciation rate, and N is the number of years the FC has been in service. The required LOLP must be less than or equal to 1%. Requirements You are required to devise a 5-year plan (years 0-4) (i.e. determine the number and type of fuel cells (FC) that need to be installed each year such that the levelized cost of energy (LCOE) in $/kWh is minimized and all constraints are met). Consider the following two cases: a. Consider the load to be flat throughout the year at the peak load level. That is For example, the load in year 0 is flat 500 kW, year 13 is flat 600 kW, and so on. b. Consider the peak load to grow as given above. However, consider the load to follow the following normalized annual LDC: