A 150 MW power plant has a total installed cost of $75 million, a lifetime of 5 years and a heat rate of 10 mmBTU/MWh. Its capacity factor is 25%.

A 150 MW power plant has a total installed cost of $75 million, a lifetime of 5 years and a heat rate of 10 mmBTU/MWh. Its capacity factor is 25%. If the discount rate is 20% per year and the cost of fuel is $3 per mmBTU, what is the ARR of the plant, in $ per MW?

Note: Please enter only a number in the space provided. Do not enter the units. For example, if you thought that the ARR was $1000 per MW, you would enter 1000 in the space provided.