Question

Engineering Economy Project Water desalination is a major process to supply clean drinking water in many countries around the World. The International Atomic Energy Agency has developed economic tools to assess

the economic aspects of water desalination using a range of technologies. Using the IAEA Desalination Economic Evaluation Programme (DEEP) https://www.iaea.org/topics/non-electric-applications/nuclear-desalination You are requested to work with your team to estimate the water desalination cost in terms of water production and energy consumption as requested below 1. Select the Power Plant type for your Desalination Plant and justify your selection. 2. Investigate the effects fuel option on the water and energy production costs 3. Investigate the effects of technology option 4. Select a power plant technology and justify your selection 5. Investigate the effects of Power Plant Efficiency on the water and energy costs 6. Investigate the effect of the Desalination Capacity on the water and energy costs 7. Investigate the effects of Carbon Prices on the water and energy costs 8. Investigate the relationship between discount rate and water and energy production costs for your selected process 9. Investigate the effects of interest rates on your production costs on the water and energy costs 10. Investigate the relationship between fuel escalation rate and water and energy production costs 11. Comment on the results and make recommendations