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The performance of a power plant can be expressed through some common performance factors as heat rate (energy efficiency) thermal efficiency capacity factor load factor economic efficiency operational efficiency
Thermal Efficiency
Thermal efficiency of a power plant can be expressed as
Convert Units
Temperature
o o
(2)
C F
Capacity Factor
Length
The capacity factor for a power plant is the ratio between average load and rated load for a period of time and can be expressed as cf = (100) P al / P rl where cf = capacity factor (%) Pal = average load for the power plant for a period (kW) Prl = rated capacity for the power plant (kW) (3) Consulting-Specifying Engineer
Load Factor
Load factor for a power plant is the ratio between average load and peak load and can be expressed as lf = (100) P al / P pl where lf = load factor (%) Ppl = peak load for the power plant in the period (kW) (4) Photonics Online
us gal
Velocity
Economic Efficiency
Economic efficiency is the ratio between production costs, including fuel, labor, materials and services, and energy output from the power plant for a period of time. Economic efficiency can be expressed as ee = C / E where (5)
Engineering Standards
Pressure
C = production costs for a period (cents, euro, ..) E = energy output from the power plant in the period (kWh)
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http://www.engineeringtoolbox.com/power-plant-efficiency-d_960...
Operational Efficiency
Operational efficiency is the ratio of the total electricity produced by the plant during a period of time compared to the total potential electricity that could have been produced if the plant operated at 100 percent in the period. Operational efficiency can be expressed as
(6)
eo = operational efficiency (%) E = energy output from the power plant in the period (kWh)
E100% = potential energy output from the power plant operated at 100% in the period (kWh)
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