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You have been asked to evaluate the economic implications of various methods for cooling condenser effluents from a​ 200-MW steamelectric plant. There are two basic types of cooling​ towers: wet and dry.​ Furthermore, heat may be removed from condenser water by​ (1) forcing​(mechanically) air through the tower or​ (2) allowing heat transfer to occur by making use of natural draft.​ Consequently, there are four basic cooling tower designs that could be considered. Assuming that the cost of capital to the utility company is 12​% per​ year, your job is to recommend the best alternative​ (i.e., the least expensive during the service​ life). Further, assume that each alternative is capable of satisfactorily removing waste heat from the condensers of a​ 200-MW power plant. What noneconomic factors can you identify that might also play a role in the​ decision-making process?Alternative Dry Tower Mech. Draft Wet Tower Wet Tower Dry Tower Mech. Draft Natural Draft Natural Draft Initial cost $4.7 mil

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