Life cycle cost and replacement analysis for power plant generator (case study at PLTU Labuan unit #2)

Ridho Faqih Luthfi*, Sutikno

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Life cycle cost is the overall costs that arise during the ownership of equipment, starting from purchasing, operating, maintaining, and including equipment's disposal. Whereas replacement analysis is a method used in order to compare the most economical alternative between equipment, which are called by defender and challenger. Life cycle cost and replacement analysis are important for the company to get the cheapest costs during the equipment life cycle. Generator is one of the main equipment in power plant, so its reliability and availability must be maintained to obtain the best performance of a power plant. Due to high losses which are caused by the generator, it is necessary to conduct a feasibility study of the generator using life cycle cost and replacement analysis. Life cycle costs and replacement analysis will give the best choice between two alternatives. The alternatives are to keep the old equipment with the existing maintenance strategy and replace the equipment with the new one.

Original languageEnglish
Title of host publicationInnovative Science and Technology in Mechanical Engineering for Industry 4.0
Subtitle of host publicationProceedings of the 4th International Conference on Mechanical Engineering, ICOME 2019
EditorsVivien Djanali, Fahmi Mubarok, Bambang Pramujati, Suwarno
PublisherAmerican Institute of Physics Inc.
ISBN (Electronic)9780735419346
DOIs
Publication statusPublished - 10 Dec 2019
Event4th International Conference on Mechanical Engineering: Innovative Science and Technology in Mechanical Engineering for Industry 4.0, ICOME 2019 - Yogyakarta, Indonesia
Duration: 28 Aug 201929 Aug 2019

Publication series

NameAIP Conference Proceedings
Volume2187
ISSN (Print)0094-243X
ISSN (Electronic)1551-7616

Conference

Conference4th International Conference on Mechanical Engineering: Innovative Science and Technology in Mechanical Engineering for Industry 4.0, ICOME 2019
Country/TerritoryIndonesia
CityYogyakarta
Period28/08/1929/08/19

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