Suppose BJTU is going to build a generation station for the school campus. Find the LCOE for
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Question:
Suppose BJTU is going to build a generation station for the school campus. Find the LCOE for each resource.
Requirements:
Capacity 500 MW, Operating 24h/day, 360 days/yr, project life: 30 years Assume the loan will be paid back evenly throughout the project lifetime. Use 5% discount rate for both resources.
a. Resource A: Initial investment $250,000 from school reserve funding (i.e., no interest), $500,000 loan at 2% yearly interest, average O&M cost $50,000/year, average fuel cost $20,000/year
b. Resource B: Initial investment $200,000 loan at 3% yearly interest, average O&M cost $75,000/year, average fuel cost $100,000/year
Related Book For
Systems analysis and design
ISBN: ?978-1118808177
5th edition
Authors: Alan Dennis, Barbara Haley Wixom, Roberta m. Roth
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