1. Your energy source is reported to have 4,600,000 Eur as a current investment cost, and 120,000...
Question:
1. Your energy source is reported to have 4,600,000 Eur as a current investment cost, and 120,000 Eur in decommissioning costs after its 32 years of operation. The O&M costs are assumed negligeable, and the discount rate is of 2.1%.
If your source produces a daily average of 2,600 kWh, what is your LCOE?
2. You plan to install a microgrid in a location where the LCOE of the local grid is of 17.99 Eur cents/kWh. Your energy source is reported to have 6,800,000 Eur as an investment costs, 400 Eur yearly in O&M, and 140,000 Eur in decommissioning costs after its 35 years of operation. Your source is estimated to produce a daily average of 2,400 kWh.
If the discount rate is of 4%, meaning the annuity factor is a=18.6646.
Finding your LCOE, how many savings or losses would you expect to make in the first year? (include a negative sign if your answer is losses.)
(i). LCOEMG = ?
(ii). First Year Impact = ?