2016
DOI: 10.15244/pjoes/60159
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Modeling the Profit from Hydropower Plant Energy Generation using Dimensional Analysis

Abstract: Our work presents the original mathematical model, which can be determined on the basis of the actual profits from electricity production in pumped storage hydropower plants (PSHP). The derived relationship was obtained by the dimensional analysis of the relevant physical parameters describing the production of energy. The main purpose of this paper is to prove whether a dimensional analysis can be a useful tool to describe the economic aspect of the phenomenon, as proved by its worth when examining technical … Show more

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Cited by 8 publications
(4 citation statements)
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“…Today it is necessary to move to alternate energy sources that will reduce over-dependence on non-renewable energy sources like fossil fuels. This will definitely be a cost-effective and eco-friendly approach [32][33][34][35][36][37][38][39][40][41][42][43][44][45].…”
Section: Invertase Production Studies At Laboratory Scalementioning
confidence: 99%
“…Today it is necessary to move to alternate energy sources that will reduce over-dependence on non-renewable energy sources like fossil fuels. This will definitely be a cost-effective and eco-friendly approach [32][33][34][35][36][37][38][39][40][41][42][43][44][45].…”
Section: Invertase Production Studies At Laboratory Scalementioning
confidence: 99%
“…To describe a process for which no exact physical equation exists, or if the application of a physical equation is assumed to be problematic, it is advisable to perform an experiment and to generalise its results while applying the laws of similarity. Similar processes that depend on several physical quantities are subject to certain correlations between the similarity constants, which cannot be arbitrarily changed [14][15][16][17][18][19]. Such a condition must also apply to a description of the specific heat loss for directly-buried heat distribution systems.…”
Section: Analysis Of the Problemmentioning
confidence: 99%
“…The advantage of such method is that a relatively extensive group of physical variables influencing a given phenomenon can be reduced to few dimensionless categories -dimensionless arguments [6,7,8,9]. Another advantage is that the functional correlation discovered is universally valid for all other heat distribution systems with geometric and thermal similarity [10].…”
Section: Proposal Of a Mathematical Model Of Heat Lossmentioning
confidence: 99%