Final answer:
To evaluate the economic implications of cooling condenser effluents, consider the cost of each alternative over its service life. Non-economic factors such as environmental impacts should also be considered.
Step-by-step explanation:
In order to evaluate the economic implications of various methods for cooling condenser effluents from a 200-MW steam-electric plant, we need to consider the cost of each alternative over its service life. The four basic cooling tower designs that could be considered are wet towers with forced air circulation, wet towers with natural draft, dry towers with forced air circulation, and dry towers with natural draft. To determine the least expensive alternative, the cost of capital to the utility company, which is 12% per year, should be taken into account. Each alternative should be evaluated based on its initial cost as well as any operating and maintenance costs. The alternative with the lowest total cost over its service life would be the recommended choice.
However, it's important to note that in addition to economic factors, there are also non-economic factors that might play a role in the decision-making process. Some of these non-economic factors could be environmental impacts, public perception, regulatory requirements, and land availability. These factors may not have a direct monetary value but could have long-term implications for the plant's operations and reputation. Therefore, they should also be considered when making the final decision.