Cost per kWh Formula:
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Definition: This calculator determines the electricity generation cost from coal by dividing total coal costs by energy produced.
Purpose: Helps energy producers, analysts, and policymakers evaluate coal power economics and compare with other energy sources.
The calculator uses the formula:
Where:
Explanation: The total cost of coal power generation is divided by the total electricity output to determine cost per unit of energy.
Details: This metric is crucial for energy pricing, project feasibility studies, and comparing generation technologies.
Tips: Enter total coal costs (including fuel, operations, maintenance) and total energy generated. Both values must be > 0.
Q1: What costs should be included in C_coal?
A: Include all coal-related costs - fuel purchase, transportation, plant operations, and maintenance.
Q2: Why is the result displayed with 6 decimals?
A: Electricity costs are typically very small per unit, requiring precision for accurate analysis.
Q3: How does this compare to other energy sources?
A: Coal typically ranges $0.03-$0.07/kWh, while renewables often fall below $0.03/kWh.
Q4: Does this include capital costs?
A: No, this calculates operational costs only. For full cost analysis, include capital amortization.
Q5: How can I reduce my coal kWh cost?
A: Improve plant efficiency, negotiate better coal prices, or increase utilization rates.