Power Plant Economics

Power Economics with different costs and Tariff methods
Free tutorial
Rating: 5.0 out of 5 (3 ratings)
325 students
1hr 49min of on-demand video
English
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To study the importance of Load curves and Duration curves
To study various costs incurred in Power plant
To get the knowledge of Tariff and their methods of calculation
To get idea of solving numericals based on power economics
Learner will be able to Get the idea of various costs incurred in Power plant and method solve cost of generation.
Learner will know what is Load curve and Load duration curve and methodology to solve the numericals based on these factors.
Learner will get the Basic ideas cleared on Electrical and Instrumentation system employed in Power plants.

Requirements

  • Intermediate Level of Mechanical Engineering

Description

  • The course is Economics of Power Generation incorporated in unit-VI for BE Mechanical Students under subject Energy Engineering. The Course contents as per syllabus are as below:

  • Cost of electric energy, fixed and operating cost [methods to determine depreciation cost] (Numerical Treatment), selection and type of generation, selection of generation equipment , load curves, performance and operation characteristics of power plants, load division, all terms related to fluctuating load plant (Numerical Treatment)

  • This course comprises of total 5 video lectures and resource files.

  • Already uploaded previous five units and one part of unit-6 on Udemy platform under Free Pricing.

  • An Engineer should know about various costs incurred in power plant.

  • Also he should know various methods of calculating energy bill i.e. Tariff methods.

  • As per Exam pattern, mostly theoretical questions are asked on this unit. However some numericals on load curves and load duration curves are discussed for preparation.

  • Usually theory question / short note is asked on this course topic. Also Some times the numerical was asked on Load curves and Load duration curves.

  • University Question set and MCQs are provided in last lecture of the course. This will help you to prepare for examination.


    After completion of this course you will be able to

  • Get the idea of various costs incurred in Power plant and method solve cost of generation.

  • Know what is Load curve and Load duration curve and methodology to solve the numericals based on these factors.

  • Get the Basic ideas cleared on Electrical and Instrumentation system employed in Power plants.


  • So dear all, I have tried my level best to explain / teach the subject Energy Engineering under various courses with video contents and resource files etc. My intention was to collect all the relevant data at one place and to put forward with theoretical explanation and providing practical experience wherever required.

  • These courses will be helpful for you in view of preparation of your Examination and to get through with nice score.

  • With huge response of all you people it was possible for me to complete almost 90-95 % of the syllabus with optimum content in view of write up for examination. Also the subject is covered with optimum duration of time  in video contents and resource file formats.

  • So Thanks for watching / listening / reading the courses and  also thanks a lot to the Udemy Management for their full support me to express / put up all the courses on their platform. Again thanks one and all and Best of luck to dear students.

Who this course is for:

  • Mechanical Engineering Students

Instructor

Mechanical Engineer Ex- Executive Engineer MAHAGENCO Nashik
Basawraj Racheti
  • 4.7 Instructor Rating
  • 126 Reviews
  • 4,475 Students
  • 14 Courses

Myself B.S. Racheti ME (Mech), MBA (HR), Energy Auditor (BEE). I am having industrial experience of 31 years and 4 years of teaching experience in reputed Engineering colleges of SPPU, Pune. I have also trained number of Junior Engineers, Technicians in Thermal Power plant. I am having hobby / passion of teaching mechanical subjects particularly Basic mechanical engineering, Thermodynamics, Power plant Engineering, Energy Engineering etc.

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