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What is the levelized cost of wind and solar

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Reference no: EM133083606

Solar Farm Capital Cost ($/MW)

$1,000,000

Solar Farm Fixed Cost $/Year

$50,000

Solar Capacity Factor

20%

Solar Useful Life (years)

25

Wind Farm Capital Cost ($/MW)

$1,200,000

Wind Farm Fixed Cost $/Year

$75,000

Wind Capacity Factor

35%

Wind Useful Life (years)

20

Discount Rate

10%

Assume 50 MW of installed capacity for both the wind farm and the solar farm.

What is the levelized cost of wind and solar? 

Reference no: EM133083606

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