The Cost of Construction for a Hydrogen Plant with a Capacity

question 1

Short Answer

The cost of construction for a hydrogen plant with a capacity of 7000 standard cubic feet per day (scfd) was $10 million ten years ago, when the current construction cost index was 4535. If the index increased at an average rate of 6.8% per year for the past ten years, what would a(n) 12,000- scfd plant with a similar design be expected to cost now? Use the
cost- capacity exponent of 0.56.

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Definitions:

Precipitation

Any form of water - liquid or solid - falling from the atmosphere to the Earth's surface, including rain, snow, sleet, and hail.

Evaporation

The process by which water transforms from a liquid to a gas or vapor state, often driven by heat from the sun, playing a critical role in the water cycle.

Drought

An extended duration of significantly reduced precipitation, resulting in a scarcity of water.

Aral Sea

A lake located in Central Asia that has significantly shrunk since the 1960s due to the diversion of the rivers that fed it for agricultural irrigation.