An Economic Evaluation of the use of Wind Farms in Iran, Taking into Account the Effect of Energy Price Liberalization Policy
Table 1.
Definition of the parameters of the levelizedcost equation
|
| Name |
Unit of measurement |
Variable |
|
|
| Capital Cost |
$/kWh |
CK |
|
| Depreciation Rate |
% |
DR |
|
| Total Plant Cost |
$/kWh |
TPC |
|
| Construction Life |
Year |
CL |
|
| Discount Rate |
% |
R |
|
| Hours Per Year |
hr |
HY |
|
| Capacity Factor |
Percentage |
CF |
|
| Total O&M Cost |
$/kWh |
CO&M |
|
| Escalation Rate Of O&M Cost |
% |
EO&M |
|
| Total Fixed O&M Cost |
$/kWh |
FOM |
|
| Total Variable O&M Cost |
$/kWh |
VOM |
|
| Heat Rate |
BTU/KWH |
HR |
|
| Plant Life |
Year |
PL |
|
| Fule Cost |
$/kWh |
FC |
|
| Escalation Rate Of Fuel Costs |
% |
EFUEL |
|
| External Cost |
$/kWh |
CEC |
|
| Value Of Enviormental Damage |
$/gr |
VED |
|
| Emission Factor |
gr/BTU |
EF |
|
| Levelized Cost Of Energy |
$/kWh |
LCOE |
|
|
|
