Coal Fired Power Plant Cost Calculation
Coal fired power plants are a type of power plant that make use of the combustion of coal in order to generate electricity. Their use provides around 40% of the world's electricity. Therefore, coal fired power plant cost calculation is a concern of many customers.
Cost is directly related to the amount of electricity generated by a power plant. For example, the cost of a 1MW power plant is very different from that of a 10MW power plant. So before calculating the cost of a power plant, it is necessary to determine how much power plant is needed. After defining the power plant, let's take a look at the cost of the power plant. Coal fired power plant cost contains initial cost and operational cost, initial cost contains equipment cost, equipment transportation cost, cost of building up a civil structure for the power plant and so on. The operational cost contains fuel cost, transportation of coal from source to power plant, miscellaneous cost.
The main equipment required by the power plant include turbine, generator and boiler. Auxiliary equipment: water supply pump shaft, cold water pump, some large pumps, incluced draft fan, blower, etc. Coal-fired power plants need to have coal handling, coal transportation sites and equipment, but also equipped with ash removal. In view of this, the equipment chosen is different and the cost is different. Construction cost estimates for coal fired power plants are very uncertain and have increased significantly in recent years. In fact, the estimated costs of building new coal plants have reached $3,500 per kW, without financing costs, and are still expected to increase further.
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