Economic Fundamentals of Power Plant Performance
Economic Fundamentals of Power Plant Performance

Author: Almas Heshmati

Publisher: Routledge

Published: 2013-06-17

Total Pages: 353

ISBN-13: 1136621695

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Stability of the electricity industry is crucial for economic growth of all nations. Sustainable economic growth cannot be accomplished without secured energy supply. The book underlines how management of the electricity industry should be conducted and the efficient form of electricity market structure. The book also studies the electricity industry in Korea which has been a strongly supportive and vital factor in the economic development of Korea for the last few decades. The book focuses on the three market players of the electricity market and they are the suppliers, consumers and the government-related organizations. It includes detailed information on generation and finances at the generator level and analyzes the efficiency differences among generators, plants and business units by using different performance measurement methods. It identifies and analyzes different production factors' effectiveness and relationships in generation. The comprehensive analysis helps to provide explanations in the differences in the performance of the studied units. The book also discusses the implications of the findings for future resource allocation and how we can further enhance the efficiency of the industry. The book will appeal to those interested in energy and energy policies, as well as researchers and practitioners in the economic development and electricity and utilities industry.

Fundamentals of Power System Economics
Fundamentals of Power System Economics

Author: Daniel S. Kirschen

Publisher: John Wiley & Sons

Published: 2018-07-04

Total Pages: 344

ISBN-13: 1119213258

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A new edition of the classic text explaining the fundamentals of competitive electricity markets—now updated to reflect the evolution of these markets and the large scale deployment of generation from renewable energy sources The introduction of competition in the generation and retail of electricity has changed the ways in which power systems function. The design and operation of successful competitive electricity markets requires a sound understanding of both power systems engineering and underlying economic principles of a competitive market. This extensively revised and updated edition of the classic text on power system economics explains the basic economic principles underpinning the design, operation, and planning of modern power systems in a competitive environment. It also discusses the economics of renewable energy sources in electricity markets, the provision of incentives, and the cost of integrating renewables in the grid. Fundamentals of Power System Economics, Second Edition looks at the fundamental concepts of microeconomics, organization, and operation of electricity markets, market participants’ strategies, operational reliability and ancillary services, network congestion and related LMP and transmission rights, transmission investment, and generation investment. It also expands the chapter on generation investments—discussing capacity mechanisms in more detail and the need for capacity markets aimed at ensuring that enough generation capacity is available when renewable energy sources are not producing due to lack of wind or sun. Retains the highly praised first edition’s focus and philosophy on the principles of competitive electricity markets and application of basic economics to power system operating and planning Includes an expanded chapter on power system operation that addresses the challenges stemming from the integration of renewable energy sources Addresses the need for additional flexibility and its provision by conventional generation, demand response, and energy storage Discusses the effects of the increased uncertainty on system operation Broadens its coverage of transmission investment and generation investment Updates end-of-chapter problems and accompanying solutions manual Fundamentals of Power System Economics, Second Edition is essential reading for graduate and undergraduate students, professors, practicing engineers, as well as all others who want to understand how economics and power system engineering interact.

Thermal Power Plant Performance Analysis
Thermal Power Plant Performance Analysis

Author: Gilberto Francisco Martha de Souza

Publisher: Springer Science & Business Media

Published: 2012-01-04

Total Pages: 289

ISBN-13: 1447123093

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The analysis of the reliability and availability of power plants is frequently based on simple indexes that do not take into account the criticality of some failures used for availability analysis. This criticality should be evaluated based on concepts of reliability which consider the effect of a component failure on the performance of the entire plant. System reliability analysis tools provide a root-cause analysis leading to the improvement of the plant maintenance plan. Taking in view that the power plant performance can be evaluated not only based on thermodynamic related indexes, such as heat-rate, Thermal Power Plant Performance Analysis focuses on the presentation of reliability-based tools used to define performance of complex systems and introduces the basic concepts of reliability, maintainability and risk analysis aiming at their application as tools for power plant performance improvement, including: · selection of critical equipment and components, · definition of maintenance plans, mainly for auxiliary systems, and · execution of decision analysis based on risk concepts. The comprehensive presentation of each analysis allows future application of the methodology making Thermal Power Plant Performance Analysis a key resource for undergraduate and postgraduate students in mechanical and nuclear engineering.

Power Plants
Power Plants

Author: Stan Kaplan

Publisher: DIANE Publishing

Published: 2011

Total Pages: 108

ISBN-13: 1437939740

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This is a print on demand edition of a hard to find publication. Analyzes the factors that determine the cost of electricity from new power plants. These factors -- including construction costs, fuel expense, environ. regulations, and financing costs -- can all be affected by government, energy, environmental, and economic policies. Contents: (1) Intro. and Org.; (2) Types of Generating Technologies: Electricity Demand and Power Plant Choice and Operation; Utility Scale Generating Technologies; (3) Factors that Drive Power Plant Costs; (4) Fuel Costs. Appendixes: Power Generation Technology Process Diagrams and Images; Estimates of Power Plant Overnight Costs; Estimates of Technology Costs and Efficiency with Carbon Capture; Financial and Operating Assumptions. Charts and tables.

A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies
A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies

Author: Walter Short

Publisher:

Published: 2005

Total Pages: 96

ISBN-13: 9781410221056

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A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies provides guidance on economic evaluation approaches, metrics, and levels of detail required, while offering a consistent basis on which analysts can perform analyses using standard assumptions and bases. It not only provides information on the primary economic measures used in economic analyses and the fundamentals of finance but also provides guidance focused on the special considerations required in the economic evaluation of energy efficiency and renewable energy systems.

Modern Gas Turbine Systems
Modern Gas Turbine Systems

Author: Peter Jansohn

Publisher: Elsevier

Published: 2013-08-31

Total Pages: 849

ISBN-13: 0857096060

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Modern gas turbine power plants represent one of the most efficient and economic conventional power generation technologies suitable for large-scale and smaller scale applications. Alongside this, gas turbine systems operate with low emissions and are more flexible in their operational characteristics than other large-scale generation units such as steam cycle plants. Gas turbines are unrivalled in their superior power density (power-to-weight) and are thus the prime choice for industrial applications where size and weight matter the most. Developments in the field look to improve on this performance, aiming at higher efficiency generation, lower emission systems and more fuel-flexible operation to utilise lower-grade gases, liquid fuels, and gasified solid fuels/biomass. Modern gas turbine systems provides a comprehensive review of gas turbine science and engineering.The first part of the book provides an overview of gas turbine types, applications and cycles. Part two moves on to explore major components of modern gas turbine systems including compressors, combustors and turbogenerators. Finally, the operation and maintenance of modern gas turbine systems is discussed in part three. The section includes chapters on performance issues and modelling, the maintenance and repair of components and fuel flexibility.Modern gas turbine systems is a technical resource for power plant operators, industrial engineers working with gas turbine power plants and researchers, scientists and students interested in the field. - Provides a comprehensive review of gas turbine systems and fundamentals of a cycle - Examines the major components of modern systems, including compressors, combustors and turbines - Discusses the operation and maintenance of component parts

Advanced Power Generation Systems
Advanced Power Generation Systems

Author: Ibrahim Dincer

Publisher: Academic Press

Published: 2014-07-15

Total Pages: 657

ISBN-13: 0123838614

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Advanced Power Generation Systems examines the full range of advanced multiple output thermodynamic cycles that can enable more sustainable and efficient power production from traditional methods, as well as driving the significant gains available from renewable sources. These advanced cycles can harness the by-products of one power generation effort, such as electricity production, to simultaneously create additional energy outputs, such as heat or refrigeration. Gas turbine-based, and industrial waste heat recovery-based combined, cogeneration, and trigeneration cycles are considered in depth, along with Syngas combustion engines, hybrid SOFC/gas turbine engines, and other thermodynamically efficient and environmentally conscious generation technologies. The uses of solar power, biomass, hydrogen, and fuel cells in advanced power generation are considered, within both hybrid and dedicated systems. The detailed energy and exergy analysis of each type of system provided by globally recognized author Dr. Ibrahim Dincer will inform effective and efficient design choices, while emphasizing the pivotal role of new methodologies and models for performance assessment of existing systems. This unique resource gathers information from thermodynamics, fluid mechanics, heat transfer, and energy system design to provide a single-source guide to solving practical power engineering problems. - The only complete source of info on the whole array of multiple output thermodynamic cycles, covering all the design options for environmentally-conscious combined production of electric power, heat, and refrigeration - Offers crucial instruction on realizing more efficiency in traditional power generation systems, and on implementing renewable technologies, including solar, hydrogen, fuel cells, and biomass - Each cycle description clarified through schematic diagrams, and linked to sustainable development scenarios through detailed energy, exergy, and efficiency analyses - Case studies and examples demonstrate how novel systems and performance assessment methods function in practice

Solar Power Plants
Solar Power Plants

Author: C.-J. Winter

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 438

ISBN-13: 3642612458

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In the introductory and concluding chapters this book strive to satisfy the needs of the interested lay reader by addressing the potential, advantages, and costs of solar power plants. For the interested student, scientist, or technically oriented lay person the physical principles of insolation, its variability, concentration, and most efficient use are developed in some detail. Finally, experimental and theoretical developments in the recently created field of solar driven chemistry (via thermal, quantum, or electrical excitation) are described. The contributions in this book are written by leading solar scientists and engineering experts whose extensive background and experience in solar energy lend authenticity and completeness to the book. Design aspects of, and results from large experimental and demonstration plants are described by individuals who were directly involved in the design and testing of many of these plants. Consideration of the viability and future economics of large-scale solar power generation provides an outlook on the energy contributions which can be expected from an optional future supply of abundant and renewable energy, having little impact on the environment. This provides the rationale for the continued commitment to the development of solar power technologies by researchers, engineers, and industry. The eventual depletion of, or future political attacks on our energy supply will have less serious impact once this renewable option is in place.

POWER PLANT ENGINEERING
POWER PLANT ENGINEERING

Author: MANOJ KUMAR GUPTA

Publisher: PHI Learning Pvt. Ltd.

Published: 2012-06-12

Total Pages: 357

ISBN-13: 8120346122

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This textbook has been designed for a one-semester course on Power Plant Engineering studied by both degree and diploma students of mechanical and electrical engineering. It effectively exposes the students to the basics of power generation involved in several energy conversion systems so that they gain comprehensive knowledge of the operation of various types of power plants in use today. After a brief introduction to energy fundamentals including the environmental impacts of power generation, the book acquaints the students with the working principles, design and operation of five conventional power plant systems, namely thermal, nuclear, hydroelectric, diesel and gas turbine. The economic factors of power generation with regard to estimation and prediction of load, plant design, plant operation, tariffs and so on, are discussed and illustrated with the help of several solved numerical problems. The generation of electric power using renewable energy sources such as solar, wind, biomass, geothermal, tidal, fuel cells, magneto hydrodynamic, thermoelectric and thermionic systems, is discussed elaborately. The book is interspersed with solved problems for a sound understanding of the various aspects of power plant engineering. The chapter-end questions are intended to provide the students with a thorough reinforcement of the concepts discussed.

Thermodynamic Analysis and Optimization of Geothermal Power Plants
Thermodynamic Analysis and Optimization of Geothermal Power Plants

Author: Can Ozgur Colpan

Publisher: Elsevier

Published: 2021-02-19

Total Pages: 346

ISBN-13: 0128231904

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Thermodynamic Analysis and Optimization of Geothermal Power Plants guides researchers and engineers on the analysis and optimization of geothermal power plants through conventional and innovative methods. Coverage encompasses the fundamentals, thermodynamic analysis, and optimization of geothermal power plants. Advanced thermodynamic analysis tools such as exergy analysis, thermoeconomic analysis, and several thermodynamic optimization methods are covered in depth for different configurations of geothermal power plants through case studies. Interdisciplinary research with relevant economic and environmental dimensions are addressed in many of the studies. Multiobjective optimization studies aimed at better efficiency, lower cost, and a lower environmental impact are also discussed in this book. - Addresses the complexities of thermodynamic assessment in almost all operational plant configurations, including solar-geothermal and multigeneration power plants - Includes an exemplary range of case studies, from basic to integrated - Provides modern optimization methods including exergoeconomic, artificial neural networks, and multiobjective particle swarm - Covers environmental impact considerations and integration with renewable energy systems