Coal-fired power plants emit CO2, which is one of the gases that is of concern with regard to global warming. A technique that power plants can adopt to keep most of the CO2 from entering the air is called CO2 capture and storage (CCS). If the incremental cost of the sequestration process is $0.019 per kilowatt-hour, what is the present worth of the extra cost over a 3-year period to a manufacturing plant that uses 100,000 kWh of power per month? The interest rate is 12% per year compounded quarterly.

Chemistry: The Molecular Science
5th Edition
ISBN:9781285199047
Author:John W. Moore, Conrad L. Stanitski
Publisher:John W. Moore, Conrad L. Stanitski
Chapter16: Thermodynamics: Directionality Of Chemical Reactions
Section: Chapter Questions
Problem 94QRT
icon
Related questions
icon
Concept explainers
Question

Coal-fired power plants emit CO2, which is one of the gases that is of concern with regard to global warming. A technique that power plants can adopt to keep most of the CO2 from entering the air is called CO2 capture and storage (CCS). If the incremental cost of the sequestration process is $0.019 per kilowatt-hour, what is the present worth of the extra cost over a 3-year period to a manufacturing plant that uses 100,000 kWh of power per month? The interest rate is 12% per year compounded quarterly.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Thermochemistry
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, chemistry and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Chemistry: The Molecular Science
Chemistry: The Molecular Science
Chemistry
ISBN:
9781285199047
Author:
John W. Moore, Conrad L. Stanitski
Publisher:
Cengage Learning
Chemistry & Chemical Reactivity
Chemistry & Chemical Reactivity
Chemistry
ISBN:
9781133949640
Author:
John C. Kotz, Paul M. Treichel, John Townsend, David Treichel
Publisher:
Cengage Learning
Chemistry & Chemical Reactivity
Chemistry & Chemical Reactivity
Chemistry
ISBN:
9781337399074
Author:
John C. Kotz, Paul M. Treichel, John Townsend, David Treichel
Publisher:
Cengage Learning
Chemistry for Engineering Students
Chemistry for Engineering Students
Chemistry
ISBN:
9781337398909
Author:
Lawrence S. Brown, Tom Holme
Publisher:
Cengage Learning
Chemistry: Principles and Reactions
Chemistry: Principles and Reactions
Chemistry
ISBN:
9781305079373
Author:
William L. Masterton, Cecile N. Hurley
Publisher:
Cengage Learning
Chemistry by OpenStax (2015-05-04)
Chemistry by OpenStax (2015-05-04)
Chemistry
ISBN:
9781938168390
Author:
Klaus Theopold, Richard H Langley, Paul Flowers, William R. Robinson, Mark Blaser
Publisher:
OpenStax