Economic evaluation of transformer selection in electrical power systems
2010
Owing to deregulation, privatization and competition, estimating financial benefits of electrical power system projects is becoming increasingly important. In other words, it is necessary to ensure that a project is profitable. In this work, a real-life example of a detailed analysis for the least-cost choice of a transformer is carried out, showing how the higher price of a facility can be traded against its operational cost over its life span.
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