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Assumptions:
• The electrical generator efficiency is 95%
• The plant operates 8760 h/year
• Parasitic losses are 1%
• Transmission losses are 1%
• Downtime losses are 4%
• A gas turbine using natural gas has a CO2 emission factor of 56 kg/GJ of fuel
and an electrical efficiency of 40%
• The price of electricity is 0.3210 USD/kWh
• The capital cost of the turbine is COST=3×106×P0.71×(H/0.3048)0.42 where P is
the net power output (MW) and H is the net head (in meters)
• The capital cost of the plant is twice the capital cost of the turbine
• The operational and maintenance cost of the plant is Cop = 2.4×104×P0.8
where P is the net power output (MW)