Modernization and Development Scenarios of the Power Plants in the Present Energy Market Context

Adelaida Mihaela Duinea

A chapter in Power Plants in the Industry from IntechOpen

Abstract: The aim of this study is to analyze several possible hypotheses for the development of a power plant in the context of the local electricity and heat market. The energy market may be constraint by the probable cessation of the activity of the most important customer in the industrial market, hereinafter referred to as "strategic customer." Stopping its activity would deprive the power plant of an annual electricity supply of 28.02% of the electricity production estimated in the "continuity" hypothesis with the strategic customer, namely an annual heat of 78.19% of the heat output of the same alternative. It is very clear that stopping the activity of the company constitutes a disability for the power plant, whose magnitude has been highlighted by the comparative analysis of several possible scenarios of modernization, modernization-development, and development. As far as the electricity market is concerned, the power plant belongs to the area that is strongly equipped with sources of electricity production. With regard to the thermal energy market, the power plant, following the decoupling of the strategic customer, loses an important and stable consumer and stays only with the production of heat for heating the buildings and the preparation of domestic hot water for the residents of the city. The study's result is the hierarchy of the proposed technical scenarios from the point of view of the necessary investment, the variation of the electricity tariff on the market, and the environmental impact.

Keywords: energy market; optimization; power plant; steam generator (search for similar items in EconPapers)
JEL-codes: Q40 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ito:pchaps:158954

DOI: 10.5772/intechopen.80887

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