AUTHORS: Adelaida Mihaela Duinea
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ABSTRACT: The paper aims at identifying and assessing the revenues and costs incurred by various modernization and modernization-development strategies for a power plant in order to optimize the electric and thermal energy are produced and to conduct a sensitivity analysis of the main performance indicators.The Romanian energy system and the energy market have gone a long transition way, from the vertically integrated model, the responsibility for the delivery of the electricity comes exclusively to a state monopoly, to a decentralized system, characterized by the decentralization of production and transport, respectively distribution activities. Romania chose the liberal market model where the relations between the actors in the market – producers and suppliers free to make sales and purchase transactions for electrical energy – are mostly governed by contracts, which may be either bilaterally negotiated or are already regulated. Therefore, the importance of understanding the development trend of the Romanian energy market lies in its economic effects upon the solutions which could be adopted for the evolution of the cogeneration power plant in question.
KEYWORDS: energy system, energy market, power plant, strategic customer, sensitivity analysis
REFERENCES:
[1] Workshop Clean Air for Europe (Programme CAFÉ) – EURELECTRIC/VGB, december 2005 (www.eurelectric.org)
[2] Lăzăroiu Gh., Programming systems from modeling and simulation, Publishing Politehnica Press, Bucureşti, 2005.
[3] Duinea A., „Contributions for computerized management of energy facilities operation”; PhD Thesis, Craiova, 2009.
[4] Duinea A., Mircea P.M., “Issues regarding the furnace operation of the steam generator in dynamic regime” in Journal of sustainable energy, ISSN 2067-5534, vol V, nr 2, pp 31-34.
[5] Hunton & Williams, “Proposed privatization Strategy for Thermal Power Plants”. Final Report prepared for USAID, Bucharest, 2013.
[6] Duinea A., Ciontu M., Bratu C, “Some considerations about the hierarchy of the technical solutions for the modernization of power plants” in