Title :
An Integrated Levelized Cost model for power generation
Author :
Bank, Mohammad Reza ; Samani, Narjes ; Yazdizadeh, Ali Reza ; Duchene, Gerard
Author_Institution :
Strategic Planning Dept., Mapna Group, Tehran, Iran
Abstract :
This study aims to explore the overall cost of electricity generation in the connected network of power plants and propose a financial framework for its calculation. Although, cost calculations are often run by each individual power plant investor, such calculations are not usually conducted with a holistic view of a nation-wide network of power plants. The proposed model is based on Levelized Cost Method, which can be extended to other countries by substituting the underlying data.
Keywords :
power generation economics; power plants; pricing; cash flow; electricity generation cost; electricity pricing; integrated levelized cost model; integrated power generation network; noninflationary model principle; power plant nationwide network; Computational modeling; Economics; Energy conversion; Fuels; Investment; Maintenance engineering; Power generation;
Conference_Titel :
Energy (IYCE), 2015 5th International Youth Conference on
Conference_Location :
Pisa
Print_ISBN :
978-1-4673-7171-1
DOI :
10.1109/IYCE.2015.7180732