Probabilistic analysis of payback period for AC–DC transmission and distribution asset expansion projects

Probabilistic analysis of payback period for AC–DC transmission and distribution asset expansion projects

In this study, a new concept of statistical distribution of payback period is calculated for AC–DC transmission and distribution asset expansion projects. For calculation of the payback period, uncertainty is considered with cost and benefit. The Gaussian distribution is considered for correlated in...

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Bibliographic Details
Main Authors: Li Bin, Muhammad Shahzad, Qi Bing, Muhammad U. Shoukat, Nabeel A.M. Fahal, Patrobers Simiyu, Rabiul Islam
Format: Article
Language:English
Published: Wiley 2019-04-01
Series:The Journal of Engineering
Subjects:
probability
costing
Gaussian distribution
power transmission economics
DC transmission networks
power distribution economics
statistical distribution
benefit analysis
probability distribution function analysis
distribution asset expansion projects
payback period analysis
AC–DC transmission calculation
correlated input cost coefficients
Online Access:https://digital-library.theiet.org/content/journals/10.1049/joe.2018.8383

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https://digital-library.theiet.org/content/journals/10.1049/joe.2018.8383

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