ResearchBib Share Your Research, Maximize Your Social Impacts
Sign for Notice Everyday Sign up >> Login

Using Cost Saving Percentage Improvement Approach to Determine the Best Choice of Generation Expansion Plan: A Case with Egbin Power Plant

Journal: American Journal of Applied Sciences and Engineering (Vol.2, No. 5)

Publication Date:

Authors : ; ;

Page : 53-68

Keywords : Expansion Planning; Cost Saving Percentage Improvement (CSPI); Deterministic Optimization; Meta Analytic;

Source : Downloadexternal Find it from : Google Scholarexternal

Abstract

Expansion planning is the determination of generation expertise needed to be included to hitherto available consumable power. The aim is to meet an increasing demand in energy availability with respect to a developmental period. In this paper, cost saving percentage improvement (CSPI) approach is used to determine the best choice of power generation expansion plan. Deterministic optimization is used in formulating the best optimization arrangements. The cost analysis of the different optimization plans was done followed by percentage cost savings computations. The best choice of power generation expansion plan was deduced and identified based on generated results. The research is Meta analytic.

Last modified: 2022-08-25 00:06:01