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What is the variable cost of a simple cycle

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Reference no: EM133083218

Using the following assumptions calculate the marginal cost of both a simple cycle and combined cycle gas generator:

Simple Cycle hear rate (GJ/MWh)

10

Simple Cycle Variable O&M ($/MWh)

$3.50

Combined Cycle heat rate (GJ/MWh)

7

Combined Cycle Variable O&M ($/MWh)

$5.00

Gas Price ($/GJ)

$3.00

Tonnes of CO2 per GJ

0.051

Carbon Price ($/Tonne of CO2)

$20.00
  1. What is the variable cost of a simple cycle and combined cycle plant?
  2. What do the differences in variable cost suggest about each technology's capacity factor?
  3. What would happen if carbon prices when to $170/tonne?
  4. How do you think a $170/tonne carbon price would impact electricity prices?

Reference no: EM133083218

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