Economic measures of power plants

2017 International Conference on Communication, Control, Computing and Electronics Engineering (ICCCCEE) Pub Date : 1900-01-01 DOI:10.1109/ICCCCEE.2017.7867648

R. Mohammed, M. Onsa

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Abstract

The objective of this paper is to provide financial analysis of both conventional and renewable resources power plants in order to assess the viability of projects and make an investment decision for the purpose of selecting the most viable one. An estimated scheme of utility-scale solar Photovoltaic system with 93.2 MW targeted designed capacity located around Khartoum area has been selected to be analyzed as a renewable resource power plant, on the other hand; Block 1 of Garri Power Station with the same rated power has been also selected as a conventional power plant, and a fair assessment has been achieved for both systems. The financial analysis is carried out using cash flow models in Excel work sheets, and the key economic measures used for the economic assessment process of include levelized cost of energy (LCOE), net present worth (NPW), internal rate of return (IRR), benefit-to-cost ratio (B/C) and payback period (PBP). The results gained from financial assessment show that the profitability of the utility-scale On-grid PV system is great comparing with that is of the combined cycle gas turbine power plant.

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发电厂的经济措施

本文的目的是对传统和可再生能源发电厂进行财务分析，以评估项目的可行性，并做出投资决策，以选择最可行的项目。另一方面，在喀土穆地区周围选择了一个目标设计容量为93.2兆瓦的公用事业规模太阳能光伏系统估计方案作为可再生资源发电厂进行分析;Garri电站1号区块也选择了相同额定功率的常规电站，并对两个系统进行了公平的评估。财务分析使用Excel工作表中的现金流模型进行，用于经济评估过程的关键经济指标包括平准化能源成本(LCOE)、净现值(NPW)、内部收益率(IRR)、效益成本比(B/C)和投资回收期(PBP)。财务评估结果表明，与联合循环燃气轮机电站相比，公用事业规模并网光伏发电系统的盈利能力较大。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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2017 International Conference on Communication, Control, Computing and Electronics Engineering (ICCCCEE)

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