Explain the main components of the LCOE formula and the benefits of this approach compared to other financial metrics such as NPV, IRR, and BCR.
Use the calculator to calculate the LCOE of each of the following technologies for a utility-scale power plant in California.
Natural Gas Combined Cycle
Pulverized Coal
Solar
Wind
Note: Instructor can change the state and technology or assign different states and technologies to students.
Explain how each of the factors below impact the LCOE. How does a 10% increase and 10% reduction for each of these variables impact LCOE of solar, wind, NGCC, and coal
Capacity factor
Fuel cost
System price
Carbon emissions cost
Provide an example of a policy in your province that would improve the LCOE of clean energy technologies
Explain the main components of the LCOE formula and the benefits of this approach compared to other financial metrics such as NPV, IRR, and BCR.
Use the calculator to calculate the LCOE of each of the following technologies for a utility-scale power plant in California.
Natural Gas Combined Cycle
Pulverized Coal
Solar
Wind
Note: Instructor can change the state and technology or assign different states and technologies to students.
Explain how each of the factors below impact the LCOE. How does a 10% increase and 10% reduction for each of these variables impact LCOE of solar, wind, NGCC, and coal
Capacity factor
Fuel cost
System price
Carbon emissions cost
Provide an example of a policy in your province that would improve the LCOE of clean energy technologies
· Preliminary design with final design work was submitted on the other file.
· Bill of Materials:
Item #
Description
Manufacture
Manufacture Part Number
Component ID
Quantity
Supplier
Date Ordered
1
Power Adapter
Ledupdates
DR12050Y151
B07TS1VBXY
1
Amazon
7/28/2021
2
Temperature/Humidity Sensor Module
HiLetgo
DHT11
1
Amazon
7/28/2021
3
Water pump
Gikfun
EK1856
B0744FWNFR
1
Amazon
7/28/2021
4
4 Channel Relay Module
Elegoo
EL-SM-006
B01HEQF5HU
1
Amazon
7/28/2021
5
LED Lights
Qianxin
CYT1035
B01N4JA54A
1
Amazon
7/28/2021
6
Moisture Sensor
HiLetgo
3-01-0313-A
B01DKISKLO
1
Amazon
7/28/2021
7
LCD display
GeeekPi
Z-0235
B086VVT4NH
1
Amazon
7/28/2021
8
Float Switch
Anndason
DPS5200
B072QCHQ2P
1
Amazon
7/28/2021
9
Bucket (water tank)
Living Whole Foods
BUCK-1
B00A1LUFEY
1
Amazon
7/28/2021
· Parts Cost Analysis:
Item #
Description
Manufacture
Manufacture Part Number
Component ID
Quantity
Cost
Supplier
Date Ordered
1
Power Adapter
Ledupdates
DR12050Y151
B07TS1VBXY
1
$17.99
Amazon
7/28/2021
2
Temperature/Humidity Sensor Module
HiLetgo
DHT11
1
$10.69
Amazon
7/28/2021
3
Water pump
Gikfun
EK1856
B0744FWNFR
1
$8.98
Amazon
7/28/2021
4
4 Channel Relay Module
Elegoo
EL-SM-006
B01HEQF5HU
1
$7.99
Amazon
7/28/2021
5
LED Lights
Qianxin
CYT1035
B01N4JA54A
1
$5.99
Amazon
7/28/2021
6
Moisture Sensor
HiLetgo
3-01-0313-A
B01DKISKLO
1
$7.99
Amazon
7/28/2021
7
LCD display
GeeekPi
Z-0235
B086VVT4NH
1
$14.00
Amazon
7/28/2021
8
Float Switch
Anndason
DPS5200
B072QCHQ2P
1
$12.99
Amazon
7/28/2021
9
Bucket (water tank)
Living Whole Foods
BUCK-1
B00A1LUFEY
1
$19.99
Amazon
7/28/2021
· Bill of Materials Extended
Description
Price per 1
Price per 100
Price per 1000
Power Adapter
$17.99
$1,799.00
$17,990.00
Temperature/Humidity Sensor Module
$10.69
$1,069.00
$10,690.00
Water pump
$8.98
$898.00
$8,980.00
4 Channel Relay Module
$7.99
$799.00
$7,990.00
LED Lights
$5.99
$599.00
$5,990.00
Moisture Sensor
$7.99
$799.00
$7,990.00
LCD display
$14.00
$1,400.00
$14,000.00
Float Switch
$12.99
$1,299.00
$12,990.00
Bucket (water tank)
$19.99
$1,999.00
$19,990.00
The cost compared to my initial projects is a big difference. Buying one item versus 1000 items is a big difference. However, if you are trying to fulfill an order in the thousands then buying in bulk would be beneficial. I’ve noticed that a lot of vendors all across the world will give you a discount if you buy in bulk. Not only will you receive a discount but you will also save on shipping for bundling multiple items together. If you close to your projected budget buying in bulk could be very beneficial.
Part B:
· Parts Acquisition Scenario
I am a believer of communication. Communication can solve so many issues and also prevent major issues from occurring. A sit down with all personnel in the organization is a must. In the meeting a zero tolerance for child labor would be enforced. The primary thing that would be done is stop all dealings with the makers until you can have a meeting concerning the child work laws and the utilization of 14-year-old. Then, at that point during the meeting I would help teach the organization and the administrators/leads on not to utilize underage youngsters in the assembling of the item or in any part of the organization. Both the company manager and vendor need to work collaboratively to follow the ethical issues of child labor and follow the ethical regulations religiously. Your organization ought to have every one of the rules identified with kid work laws to share with the seller. In the event that the manufacture doesn’t abide by the work laws, the dealings of your business would be disregarded and the relationship would be stopped. If the manufacture is in agreeance with the zero tolerance for child labor, then an on location visit would be justified to guarantee cooperation is being met and the manufacture is utilizing workers of proper age
For many of us Online Conferencing Tools are the way many of us live our professional and personal lives. But how do we determine which is the best ones for us? At our school we use Zoom while other places choose Microsoft Team and so on, so please watch the two video on comparing some of the most common Conferencing Tools:
What do you think is the best of the compared video conferencing tools mentioned and why?
Which ones have you used so far, and which do you find the most user friendly?
What other tools have used that were not mentioned?
Which one do you find the most useful for your work, educational, and personal needs and why?
What suggestions would you make to improve their products?
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