Capacity factor is the average output of the plant in a year expressed as the percentage of the plant capacity. Capacity factor is greatly influenced by the availability and quality of fuel, the reliability of plant equipments,
Posted in Hydro, Power Plant Technology and Construction
Based on Sinclair Knight Merz (SKM)’s more that 15 years of transmission asset valuations and detailed understanding of factors affecting the economic life of transmission assets in a number of countries worldwide, they have estimated the typical economic life span of major high voltage electrical equipment to fall within the following range*;
Posted in Electric Transmission System, Power Plant Technology and Construction
Based on the US Energy Information Administration (EIA) which forms the basis for the calculation of 2007 Annual Energy Outlook, the estimated capital cost of constructing a power generating plant per type of technology is as follow. This is assuming that the order was placed in 2006;
Posted in Power Plant Technology and Construction
For almost a long time, US$ 1.0 Million was adopted as a good “rule of thumb” or the approximate US dollar per MW of investment in constructing a new power plant. However, due to the surging price of raw materials and inflation rate, the cost of building a plant also increased.
Posted in Power Plant Technology and Construction
While studying the technical, financial, and operational aspects of a pump storage hydro plant, I came across to the Dinorwig power station which was mentioned in the text book that I was reading.
Posted in Hydro, Power Plant Technology and Construction