Economics of Power Generation
Is the reserved generating capacity available for service under emergency conditions which is not kept in operation but in working order,

Hot reserve
Cold reserve
Firm power
Spinning reserve

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Economics of Power Generation
Annual depreciation as per straight line method, is calculated by

the capital cost divided by number of year of life
None of these
increasing a uniform sum of money per annum at stipulated rate of interest
the capital cost minus the salvage value, is divided by the number of years of life

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