Optimizing Performance and Fuel Economy of Power Generation using Model Based Design

Shetty, Rakshith and Deshpande, D V and Karanth, Vasudeva K (2015) Optimizing Performance and Fuel Economy of Power Generation using Model Based Design. International Journal of Scientific and Engineering Research, 6 (3). ISSN 2229-5518

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Abstract

The energy supply to demand is narrowing down day by day around the world, the growing demand of power has made the power plants of scientific interest, but most of the power plants are designed by the energetic performance criteria. With introduction of electricity act 2003, power sector has been opened to private players. Many private players have added huge capacity of power generation. This has resulted in very competitive environment in the power sector. So to run the business, the cost of generation has to be less than cost of selling power. Hence In order to sustain, in this competitive environment it becomes imperative to focus on reduction in the generation cost. And ultimately fuel cost. With this background the project on Fuel cost optimization is taken. Fuel cost is governed by many variables. To optimize fuel cost, optimization of these variables is essential. For this purpose optimization model for each major factor is developed. These models are developed using Microsoft Visual Basic software. All the variables that affect the fuel cost are analysed. Seven different types of coal were taken for analysis and their suitability, costs, efficiency, Heat rate were obtained. A case study was taken keeping blending ratio as constraint and analysis of the seven types of coal was carried out and optimized result was obtained.title.

Item Type: Article
Uncontrolled Keywords: Blending, Coal, Efficiency, Fuel cost, Heat rate, Optimization.
Subjects: Engineering > MIT Manipal > Mechanical and Manufacturing
Depositing User: MIT Library
Date Deposited: 27 May 2015 08:37
Last Modified: 27 May 2015 08:37
URI: http://eprints.manipal.edu/id/eprint/142791

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