A 50 MW wind project would have an installed cost of $100,000,000, annual operating expenses of $5,000,000 and a capacity factor of 36%. If 55% of the project is financed as equity at 10% interest and 45% is financed as debt at 3% interest over 20 years:
What is the Weighted Average Cost of Capital?
What is the Fixed Charge Rate?
How much energy would this project produce on an annual basis, in kWh?
Calculate the LCOE for this project in $/MWh.