ASS - ECON 329 Assignment Date due October 5 2015 at class...

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Unformatted text preview: ECON 329 Assignment Date due: October 5, 2015 at class Late assignments will receive a mark of 0% This assignment is worth 20% of the final grade for this course (see course outline for details) 1 Complete the FOUR missing cells in the attached Table, where necessary estimate values to an accuracy of 1 decimal place. 2 Plot screening curves for each of the technologies listed in the table (use excel or plot on paper if you prefer). 3 According to the screening curves which, if any, of the technologies would never be used? 4 Given the screening curves estimated and assuming wind generation provides 1 renewable energy certificate / MWh what is the minimum value of a renewable energy certificate such that wind generation might be an attractive technology. 5 Plot screening curves for each of the technologies assuming the fuel costs for each technology double 6 According to these new screening curves which, if any, of the technologies would never be used? 7 Plot the merit order assuming one generating plant of each technology is available (assuming wind generation is at its maximum) 8 If demand was 300MW what would be the price and which units would be dispatched? Which units, if any, would be partially disptached? 9 If demand was 775MW what would be the price and which units would be dispatched? Which units, if any, would be partially disptached? How would the dispatch change if fuel prices doubled? 10 If demand was 775MW but wind generation declined to 10MW what would be the price? Which units if any would be partially dispatched? If wind generation gradually increased back to 100MW describe what would happen to the dispatch? Overnight adj. for Capital Capacity Capacity Cost 0C / MW Lifetime FC/ MWh factor factor Fuel Cost Heat Rate VC / MWh mm—m -________‘E.E-§i --l————————-w-m ————-wa———— ——————————-m-m Discount Rate = 11% _I-_I-______— Fuel type ...
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