Retirement Problems in Generation Expansion Planning
- 1 April 1961
- journal article
- Published by Institute of Electrical and Electronics Engineers (IEEE) in Transactions of the American Institute of Electrical Engineers. Part III: Power Apparatus and Systems
- Vol. 80 (3) , 995-999
- https://doi.org/10.1109/AIEEPAS.1961.4501193
Abstract
Percentage revenue requirements are shown to change little as generating plant service life estimates are varied from 35 to 65 years. However, early retirement of old plants may affect the schedule of new additions in a long-range expansion pattern. In general, lowest present worth of all future revenue requirements is obtained by keeping old plants in service. Individual exceptions may exist because of transmission costs or site value for particular units. Optimum retirement date is shown to be an inisensitive function of fixed operation and maintenance expenses for a particular unit.Keywords
This publication has 6 references indexed in Scilit:
- The Use of Simulated Reserve Margins to Determine Generator Installation DatesTransactions of the American Institute of Electrical Engineers. Part III: Power Apparatus and Systems, 1960
- Load and Capacity Models for Generation Planning by SimulationTransactions of the American Institute of Electrical Engineers. Part III: Power Apparatus and Systems, 1960
- The Effect of Unit Size, Reliability, and System Service Quality in Planning Generation ExpansionTransactions of the American Institute of Electrical Engineers. Part III: Power Apparatus and Systems, 1960
- The Criterion of Economic ChoiceTransactions of the American Institute of Electrical Engineers. Part III: Power Apparatus and Systems, 1958
- The Depreciation Annuity [includes discussion]Transactions of the American Institute of Electrical Engineers. Part III: Power Apparatus and Systems, 1956
- Annual Carrying Charges in Economic Comparisons of Alternative FacilitiesTransactions of the American Institute of Electrical Engineers, 1951