Initial Cost Maintenance Cost Fuel cost
Fuel cost
75%
Figure 1-... Plant life cycle cost for a com.ined cycle power plant.
an in-depth understanding of the equipment being measured. The develop-ment of algorithms for a complex train needs careful planning, understand-ing of the machinery and process characteristics. In mostcases, help from the manufacturer of the machinery would be a great asset. For new equip-ment this requirement can and should be part of the bid requirements. For plants with already installed equipment a plant audit to determine the plant machinery status is the first step. Figure 1-42shows the cost distribution over the life cycle of gas turbine plant. It is interesting to note that the initial cost runsabout 8% of the total life cyclecost, and the operational andmaintenance cost is about17%, and the fuel cost is abut 75%.
.ibliography
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