The formula to calculate the Annual Capacity Factor (CF) is:
\[ \text{CF} = \frac{E}{P \times 8760} \times 100 \]
Where:
The annual capacity factor is a measure of how effectively a power plant or energy-producing installation is utilized over the course of a year. It is expressed as a percentage and represents the ratio of the actual output of the plant to its potential output if it were operating at full capacity all the time. A higher capacity factor indicates a more efficient and consistently utilized power plant.
Let's assume the following values:
Using the formula to calculate the Annual Capacity Factor:
\[ \text{CF} = \frac{4,000,000}{500 \times 8760} \times 100 \approx 91.32 \% \]
The Annual Capacity Factor is approximately 91.32%.
