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Indirect Cost Of Ia

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The following information and statistics have been found through the group presentations, class lecture and discussions, the IEA Database website, as well as the WBDG Database.

○ Solar
i. Indirect Costs: Indirect costs include the waste and recycling panels after “death.” There are fees that need to be paid in order for it to be recycled and vary on the amount of panels planned to be recycled (“Solar Group Presentation”). ii. Direct Costs: In 2017, an estimate of $10,000 - $13,000 per 5kW. Also, there is an additional tax credit of 30% of the total cost (“Solar Group Presentation”). Although this is just an estimate, prices can vary depending on the discount rates. If there is a 5% discount, the generation of solar electricity can …show more content…

Last but not least, another indirect cost is the health of humans as coal contains toxic and cancer causing chemicals. ii. Direct Costs: Most direct costs include coal power plants and energy generation. For coal power plants, it’s estimated to cost within $1,000-$5,000 per kWe. Although the time it takes to construct these power plants takes years, the prices stay pretty secured. As mentioned earlier, the discount rates do vary and ultimately, change the price estimates of generation. For a 5% discount, the costs of generation range from $30-$50 per MWh. For a 10% discount, the costs of generation range from $35-$60 per MWh. (“Projected Costs of Generating Electricity” 12). The 10% discount is slightly more expensive, but not by much.
○ Biomass
i. Indirect Costs: Some of the indirect costs include the unsorted solid waste from the harmful chemicals released as they’re toxic and can harm humans, animals, and even plants. Another indirect cost includes the quality of water stored as it may or not may be filtered often. Last but not least, an indirect cost can include the conversion of land as it takes up a lot of landscape and could take up more if needed. ii. Direct Costs: Through the WBDG (a national science program), they were able to help me find the construction of biomass plants estimates within $3,000-$4,000 per kW with a “levelized cost of energy of $0.8 to $0.15 per kWh” (“Biomass for Electricity Generation.”).

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