- #1
clearway
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- TL;DR Summary
- Plant capacity degradation calculation
Hello,
I have a simple question and am hoping someone can help. I have a power plant that loses 0.5% production capacity per year for 25 years. When working with the plant capacity in terms of percentages, year 0 is defined as 100% capacity. For year 1 and each subsequent years, is it correct to take the current plant capacity percentage, and multiply it by (100%-0.5%)? Or do I subtract the 0.5% from the previous year?
Plant capacity:
Method 1:
Year 0 = 100%
Year 1 = Year 0 * (100%-0.5%)
Year 2 = Year 1 * (100%-0.5%)
etc
Method 2:
Year 0 = 100%
Year 1 = Year 0 - 0.5%
Year 2 = Year 1 - 0.5%
Thanks.
I have a simple question and am hoping someone can help. I have a power plant that loses 0.5% production capacity per year for 25 years. When working with the plant capacity in terms of percentages, year 0 is defined as 100% capacity. For year 1 and each subsequent years, is it correct to take the current plant capacity percentage, and multiply it by (100%-0.5%)? Or do I subtract the 0.5% from the previous year?
Plant capacity:
Method 1:
Year 0 = 100%
Year 1 = Year 0 * (100%-0.5%)
Year 2 = Year 1 * (100%-0.5%)
etc
Method 2:
Year 0 = 100%
Year 1 = Year 0 - 0.5%
Year 2 = Year 1 - 0.5%
Thanks.