Question

Compute the LCOE of a 2 kW diesel system that is 15% efficient. Assume they use...

Compute the LCOE of a 2 kW diesel system that is 15% efficient. Assume they use a 2 kW system to meet peak demand, can buy diesel fuel at $1.2/Liter, and use a CCF of 0.1.

Homework Answers

Answer #1

Given :

The formula for LCOE(Levelized Cost of Energy)

Since efficiency is 15%, therefore energy produced per hour is :

Now, sum of total energy produced in a hour is :

Now, LCOE is:

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Assume that the village would like a modest 2 kWh battery backup system, costing $500/kWh. Unfortunately,...
Assume that the village would like a modest 2 kWh battery backup system, costing $500/kWh. Unfortunately, the batteries have a much shorter lifespan than the solar panels, only around 8 years at the village's usage rate, leading to a higher CCF of .15. What’s the additional LCOE that the batteries will add to the system? Ignore any costs of operating the battery, or electric losses.
Five years ago, Kennedy Trucking Company was considering the purchase of 60 new diesel trucks that...
Five years ago, Kennedy Trucking Company was considering the purchase of 60 new diesel trucks that were 15% more fuel-efficient than the ones the firm was using. Mr. Hoffman, the president, had found that the company uses an average of 10million gallons of diesel fuel per year at a price of $1.25 per gallon. If he can cut fuel consumption by 15%, he will save $1,875,000 per year (1,500,000 gallons times $1.25). Mr. Hoffman assumed that the price of diesel...
In this problem you will compute the dynamically efficient allocation of a depletable, non-recyclable resource. To...
In this problem you will compute the dynamically efficient allocation of a depletable, non-recyclable resource. To answer the questions below, assume the following: Allocate resource between two time periods t=1,2 The fixed supply of the resource is 10 barrels Demand is same in both periods and given by Pt = 15 – qt Marginal cost of extracting the resource is the same in both periods and is given by MCt=$5 The discount rate is 7% 1. What is the equation...
read PV Versus Diesel: A Cost-Benefit Analysis in the Nexus of Food and Fuel below and...
read PV Versus Diesel: A Cost-Benefit Analysis in the Nexus of Food and Fuel below and then answer the following questions: - What is the problem? - What are the alternatives? - What are the base case assumptions? - What measures do you suggest to compare the alternatives? PV Versus Diesel: A Cost-Benefit Analysis in the Nexus of food and fuel. U.S. Army provides field rations to forward troops. After Desert Storm and Desert Shield, where some troops ate packaged...
2. Use the specific-factors model to answer question 2. Assume that there are two industries, food...
2. Use the specific-factors model to answer question 2. Assume that there are two industries, food and cloth. The food industry uses labor and land as inputs while the cloth industry uses labor and capital as inputs. The marginal product of labor in both industries is as follows:                    Marginal Product of Labor Labor            Cloth                   Food 0               1.4                    1.6 1               1.3                    1.5 2               1.2                    1.4 3               1.1                    1.3 4                1                     1.2 5                .9                    1.1 6                .8                     1 7                .7                     .9...
QUESTION 1 The term "Slip" indicates the difference between the motor's synchronous speed and the no-load...
QUESTION 1 The term "Slip" indicates the difference between the motor's synchronous speed and the no-load speed True False 1 points    QUESTION 2 Wet Bulb (WB) Temperature: is for the temperature reading form an ordinary mercury bulb thermometer or regular temperature sensor. True False 1 points    QUESTION 3 The refrigerant (R-134a) is the new replacement of the refrigerant (R-22) as it is less harmful to the environment. True False 1 points    QUESTION 4 Draft Gauge and Bourdon...
Problem 1 What is the difference between cost effectiveness and efficiency? Problem 2 Assume that the...
Problem 1 What is the difference between cost effectiveness and efficiency? Problem 2 Assume that the market demand curve for diamonds is given by the following equation: PD = 1000 ? 2 QE, and the market supply curve, which is equal to the aggregated marginal cost curve of all producers, is given by, PS = 200 + 2 QU Diamond production, however, is associated with harmful side effects on both workers and nearby households and firms. The total damage to...
Assume sin(θ)=19/36 where π2<θ<π, and cos(ϕ)=−11/38 where π<ϕ<3π/2. Use sum or difference formula to compute: sin(θ...
Assume sin(θ)=19/36 where π2<θ<π, and cos(ϕ)=−11/38 where π<ϕ<3π/2. Use sum or difference formula to compute: sin(θ +ϕ)= sin(θ -ϕ)= cos(θ +ϕ) cos(θ -ϕ)=
Efficient Allocations for Depletable Resources n = 2 time periods. Inverse Demand Curves: P1 = 10...
Efficient Allocations for Depletable Resources n = 2 time periods. Inverse Demand Curves: P1 = 10 - 0.4q1 for period 1 and P2 = 10 - 0.4q2 for period 2. Marginal Costs for the two periods:   MC1 = $3.00   MC2 = $3.00 Discount rate = 15% Resource Availability Constraint:   Q = q1 + q2 = 25 billion units. Calculate the dynamically efficient allocations q1* and q2* for periods 1 and 2. Dynamic efficiency condition MNB1 = λ = PV MNB2...
Make sure to show the formulas and excel calculations. Make sure to use the conventional NPV...
Make sure to show the formulas and excel calculations. Make sure to use the conventional NPV Analysis and there can be a good and bad result for this investment. The probability of a successful project (or pilot) is now 70% and the probability of an unsuccessful project is 30%. The Good Result: The Free Cash flow perpetuity (Annual Benefits) in the “good” case is $15 million per year and the Bad Result: The system proves to be more difficult to...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT