Compare the levelized cost of electricity

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Question: Compare the levelized cost of electricity for a 1000 MW solar farm and a 1000 MW nuclear plant. O&M costs are given as fixed and variable where variable O&M includes fuel costs. Do not take into account a return on investment. Specifications Solar Nuclear Capacity (MW) 1000 1000 Overnight Capital Costs (per kW) $2,534 $5,945 Variable O&M (per MWhr) 0 $4.3 Fixed O&M (per kW per year) $21.8 $100.28 Annual Capacity Factor 0.21 0.93 Land Requirements (per MW) 8.1 0.45 Lifetime of Analysis 25 years 25 years Interest Rate 2.875% 3.25% Answers to #4 Solar: $0.0899/kWhr Nuclear: $0.0597/kWhr

Reference no: EM133543678

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