Life Cycle Cost Considerations For Industrial Utilities

Kini, Giridhar P and Bansal, Ramesh C and Aithal, Radhakrishna S (2007) Life Cycle Cost Considerations For Industrial Utilities. In: National Conference on Advanced Energy Conversion Technologies (AECT 2007), March 23-24, 2007, MIT Manipal.

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Increase in the power demand has created a situation of power shortage leading to unscheduled shutdowns. Also because of increasing usage of power electronic equipments together with unequal loading of single-phase loads across the power system, there is considerable variation in power quality at the utility terminals. With limited capacity addition taking place over the years, utilities are forced to go in for energy conservation options and management strategies. This requires additional financial commitment in order to achieve significant savings; thereby making economic analysis becomes an important step. Life cycle cost analysis is a simple but an important tool that helps to evaluate the long-term economic impact of financial decisions especially in case of electrical utilities where efficiency of operation is an important parameter. This paper presents a brief look at life cycle cost analysis tool, its components and steps for successful implementation as part of the energy management process.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Life cycle cost analysis
Subjects: Engineering > MIT Manipal > Electrical and Electronics
Depositing User: MIT Library
Date Deposited: 19 Oct 2016 15:12
Last Modified: 19 Oct 2016 15:12

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