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Look up today’s wholesale prices of natural gas in Texas (4.74 Dollars per thousand cubic feet)...

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Mechanical Engineering

Look up today’s wholesale prices of natural gas in Texas (4.74Dollars per thousand cubic feet) Calculate how much a kWh ofelectricity should cost, if it is being produced from (a) naturalgas and (b) wind. You will need to worry about efficiency ofcombustion, energy content of natural gas, conversion of joules inkWh, etc. You will also need to figure out how to price wind, whichof course blows for free.

Answer & Explanation Solved by verified expert
3.7 Ratings (364 Votes)
Energy content of natural gas 1037 BTUft3 1094 kJft3 By definition 1 kWh 3600 kJ Thus Energy content 10943600 kWhft3 0304 kWhft3 Assume    See Answer
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