Title :
Physical model of energy saving management based on profit maximization for power plant
Author :
Gu, Yujiong ; Wang, Xiaolu ; Gao, Zhan ; Yang, Kun ; Chen, Kunliang
Author_Institution :
Key Lab. of Condition Monitoring & Control for Power Plant Equip. of Minist. of Educ., North China Electr. Power Univ., Beijing, China
Abstract :
Physical model of energy management based on profit maximization for power plant was proposed in this paper, in which thermodynamics and economics were organically combined. The physical model can be used to analyze the cost and profit in energy conversion in power plants, related to electricity price, fuel price, running of turbine and auxiliary equipment, service power consumption, etc. The profit sensitivity analysis model is also proposed in order to find out the profit dynamic process response to the cost changes of each part.
Keywords :
energy conservation; power generation economics; profitability; steam power stations; thermodynamics; auxiliary equipment; economics; electricity price; energy conversion; energy saving management; fuel price; physical model; power plant; profit maximization; profit sensitivity analysis; service power consumption; thermodynamics; turbine; Coal; Electricity; Power generation; Sensitivity analysis; Thermal management; energy saving management; modularization; profit; sensitivity analysis; thermal power plant;
Conference_Titel :
Transportation, Mechanical, and Electrical Engineering (TMEE), 2011 International Conference on
Conference_Location :
Changchun
Print_ISBN :
978-1-4577-1700-0
DOI :
10.1109/TMEE.2011.6199345
