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Selection of imported fuel for electricity generation : a multi-criteria decision approach | |
Author | Jiraporn Sirikum |
Call Number | AIT Thesis no.ET-95-24 |
Subject(s) | Electric power production--Fuel |
Note | A thesis submitted in pattial fulfillment of the requirement for the degree of Master of Engineering |
Publisher | Asian Institute of Technology |
Abstract | Thai economy has been continuously expanding in several years. This has caused an increase in energy demand each year. For electricity, power demands will increase approximately at least 1,000 MW per year. It means that EGAT needs to pay more attention to import fuels for electricity generation to meet that demand. This report presents a study on the choice of suitable imported fuels for Thailand electricity generation with a mathematical method. In this study, there are 2 approaches: Economic Evaluation and Analytic Hierarchy Process (AHP). Economic Evaluation presents a comparison of thermal power projects used imported fuels. AHP approach is a method of multiple paired comparisons to rank order of alternatives' solution, formulated in hierarchy terms. AHP is a convenient method for processing subjective information available to experts. From the results, that 2 approaches is a little bit different. By assumptions of this study, it was found that Economic Evaluation indicated 4 ranked attractive options those are NG, Oil without FGD, Oil with FGD, and LNG. For all cases of sensitivity analysis, NG is only one attractive option with the most attractive of NPV, IRR, and also B/C ratio. In the AHP approach, the alternatives ranking of imported fuel selection were found that the preferable alternatives are ranked as Oil, NG, Nuclear, LNG and Coal respectively. These AHP results (from Expert Choice package) are under the most importance criterion as safety criterion, followed by environmental concern criterion, social concern criterion, economic criterion, human resources development criterion, technology criterion, and political criterion respectively. The overall consistency index (C.I.) is only 2%. These AHP results can be acceptable because the consistency index are less than 10%. This results can be used as guidelines for comprehensive studies of the future formulation of EGAT Power development Plan (PDP). |
Year | 1995 |
Type | Thesis |
School | School of Environment, Resources, and Development (SERD) |
Department | Department of Energy and Climate Change (Former title: Department of Energy, Environment, and Climate Change (DEECC)) |
Academic Program/FoS | Energy Technology (ET) |
Chairperson(s) | Surapong Chirarattananon; |
Examination Committee(s) | Tabucanon, Mario T.;Malik, Arif Saeed; |
Scholarship Donor(s) | Electricity Generating Authority of Thailand (EGAT); |
Degree | Thesis (M.Eng.) - Asian Institute of Technology, 1995 |