Title :
Economic evaluation of transformer selection in electrical power systems
Author :
Amoiralis, Eleftherios I. ; Tsili, Marina A. ; Kladas, Antonios G.
Author_Institution :
Dept. of Production Eng. & Manage., Tech. Univ. of Crete, Chania, Greece
Abstract :
Owing to deregulation, privatization and competition, estimating financial benefits of electrical power system projects is becoming increasingly important. In other words, it is necessary to ensure that a project is profitable. In this work, a real-life example of a detailed analysis for the least-cost choice of a transformer is carried out, showing how the higher price of a facility can be traded against its operational cost over its life span.
Keywords :
electric power generation; power system economics; power transformers; economic evaluation; electrical power systems; transformer selection; Copper; Economics; Energy efficiency; Energy loss; Power systems; Sensitivity analysis; Distribution transformers; Power system economics;
Conference_Titel :
Electrical Machines (ICEM), 2010 XIX International Conference on
Conference_Location :
Rome
Print_ISBN :
978-1-4244-4174-7
Electronic_ISBN :
978-1-4244-4175-4
DOI :
10.1109/ICELMACH.2010.5607904
