Approach for Cost Determination of Electro-Mechanical Equipment in Ror Shp Projects

Electricity is one of the most widely used forms of energy. Being a renewable source of energy small hydropower is considered as an environment-friendly and cheap source of electricity. The installation cost of the small hydropower project depends mainly on two parts-civil works and electromechanica...

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Bibliographic Details
Published in:Smart grid and renewable energy 2011-05, Vol.2 (2), p.63-67
Main Authors: Mishra, Sachin, Singal, Sunil Kumar, Khatod, Dheeraj Kumar
Format: Article
Language:English
Subjects:
Economics
Hydroelectric power
Renewable energy
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Summary:Electricity is one of the most widely used forms of energy. Being a renewable source of energy small hydropower is considered as an environment-friendly and cheap source of electricity. The installation cost of the small hydropower project depends mainly on two parts-civil works and electromechanical equipment. One of the most important element on the recovery of a small hydro-power plant is the electromechanical equipment (turbine-alternator). The present paper intends to develop a correlation to determine the cost based on the cost influencing parameters as power and head using three different methods, namely; sigma plot method, linest method and logest method. An attempt has also been made to identify the best correlation among the three models closer to the actual cost of electro-mechanical equipment as collected from recently developed projects.
ISSN:2151-481X
2151-4844
DOI:10.4236/sgre.2011.22008