Question

A proposed wind project in Minnesota is estimated to have a n average power output that is 35% of the capacity of the project (168 MW). The project is being financed over 20 years with 56% of the TIC -$290 million financed via equity at a rate of 11% and 44% of the TIC financed via debt at a rate of 4%. The recurring costs include $0.02/kWh plus an annual cost of 55039 each year. Calculate the following for this project a) Annual energy production for this turbine in MWh (rounded to 2 decimal places) 123 b) Fixed charge rate in decimals (not (rounded to 3 decimal places) 123 c LCOE in $/kWh (rounded to 3 decimal places) 123

LCOE isLevelized Cost of Energy

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Some part is from financial Mathematics.

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