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Table 2 Parameter values used in the supply model and calculation of LCOE for setting the optimization weights [26, 27]

From: Supply optimization based on society’s cost of electricity and a calibrated demand model for future renewable energy transition in Niger

ParameterGrid-tied PVHydropowerCoalDiesel
Capital cost, $/kW2400210013001250
Life time, year20404020
Capacity factor, %21657060
O&M cost, $/kW/year24554510
Fuel cost, $/Mbtu5.118.23
Heat rate, btu/KWh893710,000