3. A generation mix consisting of 1 GW of SC (supercritical coal), 700 MW of NGCC,...

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3. A generation mix consisting of 1 GW of SC (supercritical coal), 700 MW of NGCC, 300 MW of OC (open cycle gas) is used to meet the load provided in the Excel spreadsheet provided with assignment 4. Using this load data and the data in Table 1, determine the pool price for each hour in the year and create a price duration curve (the same idea as a load duration curve, except we are ordering prices.) Table 1. Supply quantities and costs. Capacity Annual Fixed Generator [MW] [S/kW-yr] Annual Variable (at rated output) [$/kW-yr] Supercritical Coal (SC) 1000 340 NGCC 700 115 190 325 Open Cycle Gas (OC) 300 100 520 3. A generation mix consisting of 1 GW of SC (supercritical coal), 700 MW of NGCC, 300 MW of OC (open cycle gas) is used to meet the load provided in the Excel spreadsheet provided with assignment 4. Using this load data and the data in Table 1, determine the pool price for each hour in the year and create a price duration curve (the same idea as a load duration curve, except we are ordering prices.) Table 1. Supply quantities and costs. Capacity Annual Fixed Generator [MW] [S/kW-yr] Annual Variable (at rated output) [$/kW-yr] Supercritical Coal (SC) 1000 340 NGCC 700 115 190 325 Open Cycle Gas (OC) 300 100 520