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Reliability Assessment and Economic Evaluation for Improved Egbin Power Plant Operations

George, A. S., Braide, S. L., Wokoma, B. A., Ojuka, O. E.

Abstract


The primary goal of the electric energy system is to fulfill the demand for essential energy services, as these services are highly valued and beneficial to individuals and society as a whole. The provision of electricity enables various functionalities such as illumination, climate control through air-conditioning, refrigerated storage, and optimal cooking temperatures, among others. Recognizing that the provision of consistent and dependable electricity is a significant obstacle faced by those residing in both urban and rural areas, particularly within the context of Nigeria. The Egbin thermal plant, operating from 2010 to 2020, had an installed capacity of 127195200MWh, using reliability index model shows different results for each unit and variation in availability for different years. During this period, it was observed that there was a decline in energy output amounting to 59881753.5MWh owing to shutdowns. Consequently, this amounted to a deviation of 67313446.5MWh. Subsequent examination substantiates the extent of power decrease that precipitated a substantial decline in income amounting to $45,508,314.47.


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References


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