58 Table 14. LCOE Calculations in detail Renewable Energy Technology Lifetime (Years) Output (kW) Capacity Factor (%) Hours in a Year CapEx ($/kW) FOM ($/kWyear) Variable O&M ($/kWh) Fuel Cost ($/ MMBtu) Heat Rate (Btu/ kWh) CRF (default discount rate of 3%) Levelized Cost of Utility Electricity 1 ($/kWh) Levelized Cost of Utility Electricity 2 ($/kWh) Simple Levelized Cost of Alternative Energy ($/kWh) $/MWh Utility 1 $/MWh Utility 2 $/MWh Notes RD1 Baseline 30.00 2.03E+06 0.997 8760 $53,689.58 $4,823.97 $- $- 0 0.051019259 $0.21 $0.26 $0.61 $210.00 $260.00 $610.07 RD2 Baseline 30.00 2.02E+06 0.6 8760 $75,807.25 $4,680.37 $- $- 0 0.051019259 $0.21 $0.26 $1.59 $214.00 $260.00 $1,590.13 Land Wind 2050 30 0.47 8760 $760.00 $33.00 $- $- 0 0.051019259 $0.21 $0.26 $0.02 $214.00 $260.00 $17.43 Class 4 wind PV Utility 2050 30 0.29 8760 $618.00 $13.00 $- $- 0 0.051019259 $0.21 $0.26 $0.02 $214.00 $260.00 $17.53 Class 5, 4 hrs Li-ion 50 MW capacity PV Utility + Storage 2050 30 0.3 8760 $855.00 $19.00 $- $- 0 0.051019259 $0.21 $0.26 $0.02 $214.00 $260.00 $23.83 Class 5 CSP + TES 2050 30 0.63 8760 $3,894.00 $56.10 $0.00 $- 0 0.051019259 $0.21 $0.26 $0.05 $214.00 $260.00 $49.06 Class 2 Nuclear 2050 60 0.94 8760 $5,892.00 $146.00 $0.00 $0.74 0.01044 0.036132959 $0.30 $0.37 $0.05 $302.00 $367.00 $54.31 AP 1000 Hydro 2050 100 0.34 8760 $2,471.00 $62.00 $- $- 0 0.031646666 $0.45 $0.54 $0.05 $448.00 $544.00 $47.07 NPD 1 Geothermal 2050 30 0.9 8760 $5,080.00 $99.00 $- $- 0 0.051019259 $0.21 $0.26 $0.05 $214.00 $260.00 $45.43 Hydro / Flash
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