2013
DOI: 10.1109/tpwrd.2013.2262506
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Loss Evaluation and Total Ownership Cost of Power Transformers—Part I: A Comprehensive Method

Abstract: The key techniques employed in this paper reflect on a comprehensive method for calculating the cost of the electric power and energy needed to supply the life-cycle losses of power transformers. The method is applicable to transformer users who possess their own generation and transmission facilities. The proposed loss evaluation method is based on factors derived from relevant historical and forecasted data that are combined to determine the total ownership cost of power transformers. Finally, in a companion… Show more

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Cited by 24 publications
(21 citation statements)
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“…At the end of the 20th century, most of the published methods have used the lifetime cost of the transformer to determine the cost-optimal key-design parameters [1,14,91]. A lot of papers and a standardized methodology [123] has been published at that time which deal with the more complex and accurate evaluation of the capitalization factors [91,97,103,[124][125][126][127][128]. The latest methods take into consideration not only the economic but the environmental aspects as well [91,126,128].…”
Section: Analytical Cost Optimization Methodsmentioning
confidence: 99%
See 1 more Smart Citation
“…At the end of the 20th century, most of the published methods have used the lifetime cost of the transformer to determine the cost-optimal key-design parameters [1,14,91]. A lot of papers and a standardized methodology [123] has been published at that time which deal with the more complex and accurate evaluation of the capitalization factors [91,97,103,[124][125][126][127][128]. The latest methods take into consideration not only the economic but the environmental aspects as well [91,126,128].…”
Section: Analytical Cost Optimization Methodsmentioning
confidence: 99%
“…A lot of papers and a standardized methodology [123] has been published at that time which deal with the more complex and accurate evaluation of the capitalization factors [91,97,103,[124][125][126][127][128]. The latest methods take into consideration not only the economic but the environmental aspects as well [91,126,128]. Numerous FEM based optimization methods have been developed during these years to make a more accurate algorithm which can take more aspects into consideration at the beginning of the design process [9,7,17,[129][130][131][132].…”
Section: Analytical Cost Optimization Methodsmentioning
confidence: 99%
“…The objective function is the total cost of ownership. This function contains the manufacturing cost of the active part and the cost of the calculated losses [2,4,28]:…”
Section: Objective Function-total Cost Of Ownershipmentioning
confidence: 99%
“…This is due to the fact that SCs constitute a simple, easy-to-understand method with minimal technical and analytical requirements [5]. As part of our previous work [17], SCs were appropriately tailored/used to allocate a percent fixed (demand) component and a percent variable (energy) component to a particular operating cost item with respect to the capacity of the system or load factor. However, they can be equally utilized to approximate the optimum mix of generating technologies for a given system demand before engaging in more detailed production cost analyses [18].…”
Section: Cypriot Case Studymentioning
confidence: 99%