In: Operations Management
LCOE for Wave Dragon 15 yrs, 5% interest Cost + Installation = $10 million, O&M = 0.15M/year Energy = 100,000,000 kWh/yr LCOE = ______________$ kWhr
LCOE = 0.01 $/kWhr
LCOE(Levelized cost of energy) measures lifetime costs divided by energy production. It calculates present value of the total cost of building and operating a power plant over an assumed lifetime.
Please refer to the images given below for detailed steps and calculations :
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