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Parametric estimating applied to power plant

Conference · · Trans. Am. Assoc. Cost Eng.; (United States)
OSTI ID:5591390
An analysis is presented of published unit cost data on coal-fired power plants which will serve as a guide for the planning and review of conceptual estimates. three levels of coal-fired power plant cost estimates are considered, namely, the Federal Power Commission (FPC), now the Federal Energy Regulatory Commission (FERC) Code of Account; the parameter system; and the parameter subsystem. Technical, environmental, and economic parameters are identified and discussed in relation to power plant costs. Technical parameters include structures and improvements, steam generating equipment, turbine plant equipment, electric plant equipment, and miscellaneous power plant equipment. Environmental considerations and regulatory requirements have a strong influence on technical design, construction methods, and procedures, which in turn significantly affect the cost. Economic parameters such as cash flow requirements, escalation, and interest rates for borrowing funds during construction should be considered in conjunction with technical and regulatory parameters and schedules. Certain assumptions, data, and methodology to provide a common basis for the preparation, review, monitoring, and updating of conceptual cost estimates for coal-fired power plants are discussed.
Research Organization:
Stone and Webster Engineering Corp., Denver, CO
OSTI ID:
5591390
Report Number(s):
CONF-8007136-
Conference Information:
Journal Name: Trans. Am. Assoc. Cost Eng.; (United States)
Country of Publication:
United States
Language:
English