When building a new gas-fired power plant, customers are most concerned about the cost. Because cost determines the economic benefits of a power plant. Power plant cost includes initial cost and operation cost. So what does the initial cost include?
Location- the cost of land depends on the location where you wish to set up one.
New Turbines and Alternator and related machines and protection equipment.
Cost of boiler (a water tube or a fire tube).
Cost of building fuel collection, transportation , pre-heater, exhaust and cooling tower.
Setting up a substation.
Cost of building up a civil structure for the power plant.
Obtaining various government related permissions.
In addition, the fuel cost of gas power plant is the most important cost in operation. How to calculate it? You can click this to get the fuel cost calculation formula for gas power plants.
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