PennCo could construct an 800 MW natural gas–fired plant. This plant would require the initial investment of $1.12 billion dollars. The capacity factor estimate of the plant would still be 80%, but the efficiency of the natural gas–fired plant would be 40%. The annual operating and maintenance expense is expected to be $0.01 per kWh. The cost of natural gas is $8.00 per million Btu and the carbon dioxide tax is $15 per metric ton. Natural gas emits 55 metric tons of carbon dioxide per billion Btu produced. Note: 1kWh=3,413 Btu. Find the annual operating and maintenance expense (only in $), annual cost of natural gas (only in $), annual CO2 tax (only in $) and annual CO2 emission (in metric ton).
PennCo could construct an 800 MW natural gas–fired plant. This plant would require the initial investment of $1.12 billion dollars. The capacity factor estimate of the plant would still be 80%, but the efficiency of the natural gas–fired plant would be 40%. The annual operating and maintenance expense is expected to be $0.01 per kWh. The cost of natural gas is $8.00 per million Btu and the carbon dioxide tax is $15 per metric ton. Natural gas emits 55 metric tons of carbon dioxide per billion Btu produced. Note: 1kWh=3,413 Btu.
Find the annual operating and maintenance expense (only in $), annual cost of natural gas (only in $), annual CO2 tax (only in $) and annual CO2 emission (in metric ton).
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