Business, 29.10.2021 14:00 2019dawnmcmillan

Compute the levelized cost of electricity for a natural gas combustion turbine power plant, assuming the thermal efficiency is 40%, combustor efficiency is 95% and generator efficiency is 95%. The plant is rated at 150 MW and has a capacity factor of 50%. The capital equipment cost is $165 million and plant lifetime is 20 years. Plant financing is arranged at a nominal interest rate of 8% over a 20-year term. Natural gas is supplied to the plant during the first year at a price of $5 per thousand cubic feet, with the price expected to escalate at a rate of 2% per year. Other O

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Compute the levelized cost of electricity for a natural gas combustion turbine power plant, assuming...

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