Quantity Variance

(Net generation in 2011- net generation in 2010) * Price per MWh in 2010
(3427351-3937377)*0.3817*1000
-194676924.2
Price variance
(Price per MWh in 2011 - price per MWh in 2010) * Capacity
(0.3974-0.3817 )* 3427351
53809.4107

Fuel efficiency Variance

Mass of coal used per net MWh sold in 2011 -Mass of coal used per net MWh sold in 2010) * MWh sold in 2011 * price in 201
(0.346-0.347)*3427351*265
-908248.015
Fuel cost variance
(price of coal this year - price of coal last year) * Mass of coal used per net MWh sold in 2011 * MWh sold this year
5929317.23
Price of coal
2010 265.2024
2011 269.9999
Standard fixed cost per MWh
105.3099026
Total fixed cost/ capacity
120.0002568
Variance
14.69035

3655800

old in 2011 * price in 2011

sold this year

Coal buyed
output

362062
320183
3937377 3427351
10.87487 10.70435
1.57%