Title of article :
LIFE CYCLE COST ANALYSIS OF DESIGN OPTIONS SELECTION FOR ENERGY EFFICIENCY IMPROVEMENT OF ELECTRIC MOTOR
Author/Authors :
Yantia, P.A.A. Petronas Carigali Sdn. Bhd. Level 18, Tower 1, Petronas Twin Towers, Malaysia , Yantia, P.A.A. university of malaya - Department of Mechanical Engineering, Malaysia , Mahlia, T.M.I. university of malaya - Department of Mechanical Engineering, Malaysia
Abstract :
Literature on energy efficiency standards and labels for electric motor are widely available. However, very limited articles discussed about the method to calculate life-cycle cost analysis of potential energy efficiency improvement for electric motor. This paper presents the life-cycle cost analysis of energy efficiency improvement of electric motor based on engineering/economic analysis. The least efficient model from a survey in the market was selected as a baseline model. The method includes the selection of design options that will increase efficiency and calculate its life cycle cost (LCC) analysis and payback period. LCC was calculated as a function of several design options based on potential efficiency improvement. The study found that, efficiency improvement can be achieved, if manufacturers willing to adopt more efficient design options with a little additional investment for the product. Furthermore, the method can be used for other product without major modification
Keywords :
Life cycle cost , Engineering , Economic analysis , Electric Motor , Cost benefit , Energy efficiency standard , Design options
Journal title :
International Journal of Mechanical and Materials Engineering
Journal title :
International Journal of Mechanical and Materials Engineering
