A power cycle receives energy by heat transfer from the combustion of fuel and develops power at a net rate of 150 MW. The thermal efficiency of the cycle is 40%.
(a) Determine the net rate at which the cycle receives energy by heat transfer, in MW.
(b) For 8000 hours of operation annually, determine the net work output, in kW h per year.
(c) Evaluating the net work output at $0.08 per kW ? h, determine the value of net work, in $ per year.