Title :
Managing utility power plant assets to economically optimize power plant cycling costs, life, and reliability
Author :
Lefton, S.A. ; Besuner, P.M. ; Grimsrud, G.P.
Author_Institution :
Aptech Eng. Services Inc., Sunnyvale, CA, USA
Abstract :
This paper describes the need to assess and manage fossil power plant cycling costs, life expectancy, maintenance strategies, dispatch strategies, and plant reliability, and it presents a methodology that addresses these various needs. This methodology can be used to optimize capital and maintenance spending in order to minimize system-wide revenue requirements
Keywords :
electricity supply industry; asset management; capital; cycling costs; dispatch strategies; life expectancy; maintenance strategies; reliability; utility power plant; Asset management; Cost function; Energy management; Maintenance; Power engineering and energy; Power generation; Power generation economics; Power system management; Reliability engineering; Retirement;
Conference_Titel :
Control Applications, 1995., Proceedings of the 4th IEEE Conference on
Conference_Location :
Albany, NY
Print_ISBN :
0-7803-2550-8
DOI :
10.1109/CCA.1995.555681
