The cost for construction of a desulfurization system for flue gas from boilers at a 600 MW power plant was estimated to be $250 million. If a similar system for a smaller plant had a cost of $55 million and the exponent in the cost-capacity equation is 0.67, what is the size of the smaller plant that served as the basis for the cost projection?
The cost for construction of a desulfurization system for flue gas from boilers at a 600 MW power plant was estimated to be $250 million. If a similar system for a smaller plant had a cost of $55 million and the exponent in the cost-capacity equation is 0.67, what is the size of the smaller plant that served as the basis for the cost projection?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The cost for construction of a desulfurization system
for flue gas from boilers at a 600 MW power
plant was estimated to be $250 million. If a similar
system for a smaller plant had a cost of $55 million
and the exponent in the cost-capacity equation is
0.67, what is the size of the smaller plant that
served as the basis for the cost projection?
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