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Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Know the Power Plant Economics Before You Establish ONE
Md. Abu Daud
Lecturer, Mechanical Engineering Department
BAUST
Power Plant Economics
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Power Plant Economics
1. Variable Load on Power Station
2. Load Curves
3. Important Terms and Factors
4. Units Generated per Annum
5. Load Duration Curve
6. Types of Loads
7. Typical Demand and Diversity Factors
8. Load Curves and Selection of Generating Units
9. Important Points in the Selection of Units
10.Base Load and Peak Load on Power Station
11.Method of Meeting the Load
12.Interconnected Grid System
This Chapter Will Cover……….
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Variable Load on Power Station
The load on a power station varies from time to time due to uncertain demands of the consumers
and is known as variable load on the station.
Effects of variable load: The variable load on a power station introduces many perplexities
in its operation. Some of the important effects of variable load on a power station are :
1. Need of additional equipment.
2. Increase in production cost.
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Load Curves
The curve showing the variation of load on the power station with respect to (w.r.t) time
is known as a load curve.
The area under the daily load curve gives the number of units generated in the day.
Units generated/day = Area (in kWh) under daily load curve
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Load Curves
The area under the daily load curve divided by the total number of hours gives the average load on the station
in the day.
The ratio of the area under the load curve to the total area of rectangle in which it is contained gives the load
factor.
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Load Curves
1. The load curve helps in preparing the operation schedule of the station.
2. The load curve helps in selecting the size and number of generating units.
WHY LOAD CURVES?
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Important Terms and Factors
Connected load:
It is the sum of continuous ratings of all the equipments connected to supply system.
Maximum demand :
It is the greatest demand of load on the power station during a given period.
Demand factor:
It is the ratio of maximum demand on the power station to its connected load
i.e Maximum demand meter
**Comment on value of demand factor**
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Power Plant Economics
Average load:
The average of loads occurring on the power station in a given period (day or month or year) is known as
average load or average demand.
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Load factor
The ratio of average load to the maximum demand during a given period is known as load factor.
The load factor plays key role in determining the overall cost per unit generated. Higher the load factor of the
power station, lesser will be the cost per unit generated.
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Diversity factor
The ratio of the sum of individual maximum demands to the maximum demand on power station is known as
diversity factor
Greater than 1??
Plant capacity factor
It is the ratio of actual energy produced to the
maximum possible energy that could have been
produced during a given period
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Plant capacity factor continue….
Thus if the considered period is one year
Reserve capacity = Plant capacity − Max. demand
It is interesting to note that difference between load factor and plant capacity factor is an indication of
reserve capacity. If the maximum demand on the plant is equal to the plant capacity, then load factor and
plant capacity factor will have the same value. In such a case, the plant will have no reserve capacity
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Plant use factor
It is ratio of kWh generated to the product of plant capacity and the number of hours for which the plant was
in operation
Suppose a plant having installed capacity of 20 MW produces annual output of 7·35 × 10^6 kWh and
remains in operation for 2190 hours in a year…….
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Load Duration Curve
When the load elements of a load curve are arranged in the order of descending magnitudes, the curve
thus obtained is called a load duration curve
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Plot the load curve and find (i) maximum demand of individual consumer (ii) load factor of individual
consumer (iii) diversity factor and (iv) load factor of the station.
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Base Load and Peak Load on Power Station
The unvarying load which
occurs almost the whole day
on the station is known as
base load.
The various peak demands of load
over and above the base load of
the station is known as peak load.
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Interconnected Grid System
The connection of several generating stations in parallel is known as an interconnected
grid system
1. Exchange of peak loads
2. Use of older plants
3. Ensures economical operation
4. Increases diversity factor
5. Reduces plant reserve capacity
6. Increases reliability of supply
Advantages of interconnected system
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
A base load station having a capacity of 18 MW and a standby station having a capacity of 20 MW share a
common load. Find the annual load factors and plant capacity factors of two power stations from the following
data :
Annual standby station output = 7·35 × 106 kWh
Annual base load station output = 101·35 × 106 kWh
Peak load on standby station = 12 MW
Hours of use by standby station/year = 2190 hours
Problem Analysis
Bangladesh Army University of Science and Technology (BAUST),
Saidpur
Standby station
Installed capacity of standby unit = 20 MW = 20 × 103 kW
Base load station
It is reasonable to assume that the maximum demand on the base load station is equal to the installed capacity
(i.e., 18 MW). It operates throughout the year i.e., for 8760 hours

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Power Plant Economics.pptx

  • 1. Bangladesh Army University of Science and Technology (BAUST), Saidpur Know the Power Plant Economics Before You Establish ONE Md. Abu Daud Lecturer, Mechanical Engineering Department BAUST Power Plant Economics
  • 2. Bangladesh Army University of Science and Technology (BAUST), Saidpur Power Plant Economics 1. Variable Load on Power Station 2. Load Curves 3. Important Terms and Factors 4. Units Generated per Annum 5. Load Duration Curve 6. Types of Loads 7. Typical Demand and Diversity Factors 8. Load Curves and Selection of Generating Units 9. Important Points in the Selection of Units 10.Base Load and Peak Load on Power Station 11.Method of Meeting the Load 12.Interconnected Grid System This Chapter Will Cover……….
  • 3. Bangladesh Army University of Science and Technology (BAUST), Saidpur Variable Load on Power Station The load on a power station varies from time to time due to uncertain demands of the consumers and is known as variable load on the station. Effects of variable load: The variable load on a power station introduces many perplexities in its operation. Some of the important effects of variable load on a power station are : 1. Need of additional equipment. 2. Increase in production cost.
  • 4. Bangladesh Army University of Science and Technology (BAUST), Saidpur Load Curves The curve showing the variation of load on the power station with respect to (w.r.t) time is known as a load curve. The area under the daily load curve gives the number of units generated in the day. Units generated/day = Area (in kWh) under daily load curve
  • 5. Bangladesh Army University of Science and Technology (BAUST), Saidpur Load Curves The area under the daily load curve divided by the total number of hours gives the average load on the station in the day. The ratio of the area under the load curve to the total area of rectangle in which it is contained gives the load factor.
  • 6. Bangladesh Army University of Science and Technology (BAUST), Saidpur Load Curves 1. The load curve helps in preparing the operation schedule of the station. 2. The load curve helps in selecting the size and number of generating units. WHY LOAD CURVES?
  • 7. Bangladesh Army University of Science and Technology (BAUST), Saidpur Important Terms and Factors Connected load: It is the sum of continuous ratings of all the equipments connected to supply system. Maximum demand : It is the greatest demand of load on the power station during a given period. Demand factor: It is the ratio of maximum demand on the power station to its connected load i.e Maximum demand meter **Comment on value of demand factor**
  • 8. Bangladesh Army University of Science and Technology (BAUST), Saidpur Power Plant Economics Average load: The average of loads occurring on the power station in a given period (day or month or year) is known as average load or average demand.
  • 9. Bangladesh Army University of Science and Technology (BAUST), Saidpur Load factor The ratio of average load to the maximum demand during a given period is known as load factor. The load factor plays key role in determining the overall cost per unit generated. Higher the load factor of the power station, lesser will be the cost per unit generated.
  • 10. Bangladesh Army University of Science and Technology (BAUST), Saidpur Diversity factor The ratio of the sum of individual maximum demands to the maximum demand on power station is known as diversity factor Greater than 1?? Plant capacity factor It is the ratio of actual energy produced to the maximum possible energy that could have been produced during a given period
  • 11. Bangladesh Army University of Science and Technology (BAUST), Saidpur Plant capacity factor continue…. Thus if the considered period is one year Reserve capacity = Plant capacity − Max. demand It is interesting to note that difference between load factor and plant capacity factor is an indication of reserve capacity. If the maximum demand on the plant is equal to the plant capacity, then load factor and plant capacity factor will have the same value. In such a case, the plant will have no reserve capacity
  • 12. Bangladesh Army University of Science and Technology (BAUST), Saidpur Plant use factor It is ratio of kWh generated to the product of plant capacity and the number of hours for which the plant was in operation Suppose a plant having installed capacity of 20 MW produces annual output of 7·35 × 10^6 kWh and remains in operation for 2190 hours in a year…….
  • 13. Bangladesh Army University of Science and Technology (BAUST), Saidpur Load Duration Curve When the load elements of a load curve are arranged in the order of descending magnitudes, the curve thus obtained is called a load duration curve
  • 14. Bangladesh Army University of Science and Technology (BAUST), Saidpur Plot the load curve and find (i) maximum demand of individual consumer (ii) load factor of individual consumer (iii) diversity factor and (iv) load factor of the station.
  • 15. Bangladesh Army University of Science and Technology (BAUST), Saidpur
  • 16. Bangladesh Army University of Science and Technology (BAUST), Saidpur
  • 17. Bangladesh Army University of Science and Technology (BAUST), Saidpur
  • 18. Bangladesh Army University of Science and Technology (BAUST), Saidpur
  • 19. Bangladesh Army University of Science and Technology (BAUST), Saidpur
  • 20. Bangladesh Army University of Science and Technology (BAUST), Saidpur
  • 21. Bangladesh Army University of Science and Technology (BAUST), Saidpur Base Load and Peak Load on Power Station The unvarying load which occurs almost the whole day on the station is known as base load. The various peak demands of load over and above the base load of the station is known as peak load.
  • 22. Bangladesh Army University of Science and Technology (BAUST), Saidpur Interconnected Grid System The connection of several generating stations in parallel is known as an interconnected grid system 1. Exchange of peak loads 2. Use of older plants 3. Ensures economical operation 4. Increases diversity factor 5. Reduces plant reserve capacity 6. Increases reliability of supply Advantages of interconnected system
  • 23. Bangladesh Army University of Science and Technology (BAUST), Saidpur A base load station having a capacity of 18 MW and a standby station having a capacity of 20 MW share a common load. Find the annual load factors and plant capacity factors of two power stations from the following data : Annual standby station output = 7·35 × 106 kWh Annual base load station output = 101·35 × 106 kWh Peak load on standby station = 12 MW Hours of use by standby station/year = 2190 hours Problem Analysis
  • 24. Bangladesh Army University of Science and Technology (BAUST), Saidpur Standby station Installed capacity of standby unit = 20 MW = 20 × 103 kW Base load station It is reasonable to assume that the maximum demand on the base load station is equal to the installed capacity (i.e., 18 MW). It operates throughout the year i.e., for 8760 hours

Editor's Notes

  1. It is because higher load factor factor means lesser maximum demand. The station capacity is so selected that it must meet the maximum demand. Now, lower maximum demand means lower capacity of the plant which, therefore, reduces the cost of the plant.
  2. A power station supplies load to various types of consumers whose maximum demands generally do not occur at the same time. Therefore, the maximum demand on the power station is always less than the sum of individual maximum demands of the consumers. Obviously, diversity† factor will always be greater than 1. There is diversification in the individual maximum demands i.e., the maximum demand of some consumers may occur at one time while that of others at some other time. Hence, the name diversity factor ‡ Greater diversity factor means lesser maximum demand. This in turn means that lesser plant capcity is required. Thus, the capital investment on the plant is reduced.