Protective Relaying B: Introduction to the Cost of Electrical Power at Generator Stations
Learn to derive the price of power at a busbar adjacent to a generating station. Discuss the many variables you’ll need to keep in mind as a designer, technician, project manager, engineer, analyst or other professional calculating these costs.
This half-day, PDH-booster course is part of a three-course group that allows you to earn 28 PDHs in just one week. Take it in combination with the three-day Protective Relaying A course, and the half-day Protective Relaying C course (also a PDH-booster) to complete the 28 PDHs. This course can also be completed individually.
Still looking for more? Enroll in our online Engineering Ethics course for two additional PDHs, bringing your total to 30 PDHs in just one week.
Benefits and Learning Outcomes
- Discuss generator station variables
- Understand the relationship between choice of busbar design and cost
- Get insight into the overall strategy behind generator station design
Generating Station Type
- Base Load
- Natural Gas
Return on Investment
- Capital Investment
- Stocks / Dividends
- Bonds / Interest
- Retained Earnings
- Labor, Overheads and Other Expenses
- Startup / Shutdown / Lay-Up
In areas where the power system has been deregulated, the costs presented in this session should be considered to be ballpark costs as low load levels may cause power producers to sell power at a loss rather than to incur shutdown and startup costs. Conversely, at high load levels with congestion pricing in effect, power producers may be able to increase profitability.