THE EFFECT OF EXOGENOUS FACTORS ON THERMAL POWER PLANT EFFICIENCY

This study focuses on the relationship between exogenous factors (that cannot be directly impacted by the actions of an economic agent) and combined heat and power (CHP) plant efficiency. As a measure of fuel utilization efficiency this paper proposes to use the Сoefficient of Fuel Utilization (CFU)...

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Autores principales:	I. Yu. Zolotova, V. A. Karle, N. A. Osokin
Formato:	article
Lenguaje:	RU
Publicado:	Real Economics Publishing House 2019
Materias:	electric energy fuel utilization energy efficiency primary energy factor combined heat and power production thermal power plants Risk in industry. Risk management HD61
Acceso en línea:	https://doaj.org/article/b30abaf1e75241129903d7f10a0b9458
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spelling	oai:doaj.org-article:b30abaf1e75241129903d7f10a0b94582021-11-19T10:42:00ZTHE EFFECT OF EXOGENOUS FACTORS ON THERMAL POWER PLANT EFFICIENCY2618-947X2618-998410.17747/2618-947X-2019-2-174-181https://doaj.org/article/b30abaf1e75241129903d7f10a0b94582019-07-01T00:00:00Zhttps://www.jsdrm.ru/jour/article/view/841https://doaj.org/toc/2618-947Xhttps://doaj.org/toc/2618-9984This study focuses on the relationship between exogenous factors (that cannot be directly impacted by the actions of an economic agent) and combined heat and power (CHP) plant efficiency. As a measure of fuel utilization efficiency this paper proposes to use the Сoefficient of Fuel Utilization (CFU), which is the Russian equivalent of the Primary Energy Factor indicator. Climate conditions and fuel type were used as the exogenous factors in this article. Climate conditions were measured via climate zone proxies. The cause-effect relationships were analyzed using a linear regression model. The findings of the study showcase that the plants, which use natural gas as their primary fuel, show higher fuel utilization efficiency compared to coil plants. Climate conditions were also proven to be a statistically significant factor with plants situated in the third climate zone (mostly regions of the Central and North-Western federal districts) showing the highest average CFU of about 71%. The research shows that the exogenous factors account for close to 20% of CHP plant fuel utilization efficiency in Russia. The authors conclude that climate conditions and fuel type should be taken into account when constructing various energy efficiency models applicable to the Russian context.I. Yu. ZolotovaV. A. KarleN. A. OsokinReal Economics Publishing House articleelectric energyfuel utilizationenergy efficiencyprimary energy factorcombined heat and power productionthermal power plantsRisk in industry. Risk managementHD61RU Strategičeskie Rešeniâ i Risk-Menedžment, Vol 10, Iss 2, Pp 174-181 (2019)
institution	DOAJ
collection	DOAJ
language	RU
topic	electric energy fuel utilization energy efficiency primary energy factor combined heat and power production thermal power plants Risk in industry. Risk management HD61
spellingShingle	electric energy fuel utilization energy efficiency primary energy factor combined heat and power production thermal power plants Risk in industry. Risk management HD61 I. Yu. Zolotova V. A. Karle N. A. Osokin THE EFFECT OF EXOGENOUS FACTORS ON THERMAL POWER PLANT EFFICIENCY
description	This study focuses on the relationship between exogenous factors (that cannot be directly impacted by the actions of an economic agent) and combined heat and power (CHP) plant efficiency. As a measure of fuel utilization efficiency this paper proposes to use the Сoefficient of Fuel Utilization (CFU), which is the Russian equivalent of the Primary Energy Factor indicator. Climate conditions and fuel type were used as the exogenous factors in this article. Climate conditions were measured via climate zone proxies. The cause-effect relationships were analyzed using a linear regression model. The findings of the study showcase that the plants, which use natural gas as their primary fuel, show higher fuel utilization efficiency compared to coil plants. Climate conditions were also proven to be a statistically significant factor with plants situated in the third climate zone (mostly regions of the Central and North-Western federal districts) showing the highest average CFU of about 71%. The research shows that the exogenous factors account for close to 20% of CHP plant fuel utilization efficiency in Russia. The authors conclude that climate conditions and fuel type should be taken into account when constructing various energy efficiency models applicable to the Russian context.
format	article
author	I. Yu. Zolotova V. A. Karle N. A. Osokin
author_facet	I. Yu. Zolotova V. A. Karle N. A. Osokin
author_sort	I. Yu. Zolotova
title	THE EFFECT OF EXOGENOUS FACTORS ON THERMAL POWER PLANT EFFICIENCY
title_short	THE EFFECT OF EXOGENOUS FACTORS ON THERMAL POWER PLANT EFFICIENCY
title_full	THE EFFECT OF EXOGENOUS FACTORS ON THERMAL POWER PLANT EFFICIENCY
title_fullStr	THE EFFECT OF EXOGENOUS FACTORS ON THERMAL POWER PLANT EFFICIENCY
title_full_unstemmed	THE EFFECT OF EXOGENOUS FACTORS ON THERMAL POWER PLANT EFFICIENCY
title_sort	effect of exogenous factors on thermal power plant efficiency
publisher	Real Economics Publishing House
publishDate	2019
url	https://doaj.org/article/b30abaf1e75241129903d7f10a0b9458
work_keys_str_mv	AT iyuzolotova theeffectofexogenousfactorsonthermalpowerplantefficiency AT vakarle theeffectofexogenousfactorsonthermalpowerplantefficiency AT naosokin theeffectofexogenousfactorsonthermalpowerplantefficiency AT iyuzolotova effectofexogenousfactorsonthermalpowerplantefficiency AT vakarle effectofexogenousfactorsonthermalpowerplantefficiency AT naosokin effectofexogenousfactorsonthermalpowerplantefficiency
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THE EFFECT OF EXOGENOUS FACTORS ON THERMAL POWER PLANT EFFICIENCY

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