450 likes | 654 Views
Evaluation of the economic ?break-even" point between two or more conductor types and or sizes. Multiple Factors influence the time sensitive present worth cost of plant installation.Equations have been derivedInvolved, time consuming and cumbersome to use by hand for sensitivity studies.. What
E N D
1. Computerized Economic Analysis of Alternative Line Designs A "How To" Approach for Quick Solutions Logan Pleasant, P.E.
ESC engineering, Inc.
2. Evaluation of the economic break-even point between two or more conductor types and or sizes.
Multiple Factors influence the time sensitive present worth cost of plant installation.
Equations have been derived
Involved, time consuming and cumbersome to use by hand for sensitivity studies.
What is Economic Conductor Analysis?
3. The point at which the sum of the present worth of all investment, owning and future loss costs are equal for two line construction alternatives:
Present Worth of Capital Investment
Present Worth of Carrying and Owning Charges
Present Worth of Future Loss Costs Break Even Point - Definition
4. Governing Equations
5. Governing Equations
6. CC = Carrying Charges
IV2 = Investment cost of larger conductor line
IV1 = Investment cost of smaller conductor line
i = Interest rate in per unit
CL = Initial annual cost of loss in dollars per kWh
ie = Effective discount rate
(includes load growth and power cost escalation)
R1 = Resistance of larger conductor size
R2 = Resistance of smaller conductor size
LsF = Loss Factor
kW = Peak kilowatt load
kVLG = Line to ground voltage in kV
P1 = # phases of larger conductor
P2 = # phases of smaller conductor
n = Expected life of line in years. Definition of Variables
7.
The relative sensitivity of the equations to any given input factor:
Interest Rates
Useful Life
Future Load Growth
Escalation in Wholesale Power Costs
Tree Trimming Costs
Changes in Line Construction Costs
Labor Costs
Power Factor
Operation & Maintenance (O&M) Costs
Sensitivity Analysis
8.
Determination of sensitivity allows the analyst to focus efforts on areas that have the greatest economic impact.
Sensitivity Analysis
9. Greater Flexibility
Ease of Interface
Saves Time
Change independent variables quickly (What if? scenarios)
Ability to view results graphically
Reduce Chances for Errors
Management Tool
Computerization of Equations
16. Examples:
17. Adding Tree Trimming Costs
24. Changes to Wholesale Power Costs
31. Changes in Expected Life of Line
38. Changes in Interest Rates
45. Do It Yourself