A Survey of SPS 1976 PRC

factor and 3.3 mills at a 0.54 load factor. These estimates include both the capital recovery factor of 10.61 percent and charges for taxes, insurance, profit, etc., at 5 percent per year. Therefore, if $100 per kWe of capacity could be saved in distribution capital costs, the effect would be a "credit" of 3.3-5.4 mills/kWh reflecting the hypothetical savings in the total costs of energy system including both generation and delivery. Other sources of ERDA have estimated that the delivered busbar cost of solar terrestrial (thermal) energy can be projected at 60 mills/kWh (at a daytime supplementary load factor of 0.33). Using this estimate and the one generated from JPL data of 64 mills/kWh as range, it is possible to construct the following hypothetical schedule of "net" busbar energy costs after considering the "credit” associated with different levels of cost savings in the capital costs of distribution: HYPOTHETICAL SOLAR TERRESTRIAL ENERGY COST REDUCTIONS ATTRIBUTABLE TO REDUCED DISTRIBUTION CAPITAL COSTS (5) Supporting Analysis Exhibit 35 provides extensive display of the various estimates provided for LMFBR busbar energy costs. For the most part, these estimates use actual unit costs, capital operating and maintenance, etc., provided in published sources. To these are then applied a standard set of

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