Table 5 Parameters used for cost–benefit analysis.
Parameters | Value | Unit |
---|---|---|
Electric price | 1 | RMB/kWh |
Operation life | 18 | Year |
Annual operation time | 6000 | Hours |
Fixed depreciation period | 10 | Year |
Income tax | 25 | % |
Benchmark return on investment | 9 | % |
Base rate of return | 6 | % |
Discount rate | 6 | % |