Life Cycle Cost Model of Power Transformer under the New Environment

Abstract

Life Cycle Cost (LCC) Management is not only an advanced management concept but also an effective way to achieve the integration of high-efficacy and low-cost assets. In the meantime, the State Grid Corporation promotes the “Large Five” system that novel environment provides new opportunities and challenges to the life cycle cost management. Therefore, this paper puts forward a transformer cycle cost model which adapts to the new environment, combining with new features of the “Large Five” system construction, basing on the whole life cycle cost theory and according to the actual operation of the transformer. It also analyzes the cost composition of transformer’s life cycle and verifies the validity of the transformer cycle cost model which has been put forward in this paper through calculating examples.