The price of coal that will enable the IGCC plant to recover their cost difference from fuel saving in 5 year.
Answer to Problem 27P
The price of coal that will enable the IGCC plant to recover their cost difference from fuel saving in 5 year is
Explanation of Solution
Determine the construction costs of coal.
Determine the construction costs of IGCC.
Determine the construction costs difference of coal and IGCC.
Determine the amount of electricity produced by either plant in 5 years.
Here, the power generation capacity of power plant is
Determine the amount of fuel needed to generate a specified amount of power.
Here, the efficiency of plant is
Determine the mass difference between plants.
Here, the mass of the coal in coal plant is
Determine the unit cost of coal per ton used in the power plant.
Here, the construction cost difference is
Conclusion:
Substitute
Substitute
Substitute
Substitute
For coal plant,
Substitute
For IGCC plant,
Substitute
Substitute
Substitute
Thus, the price of coal that will enable the IGCC plant to recover their cost difference from fuel saving in 5 year is
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