Widespread uncertainty exists regarding the ideal replacement time of installed feedwater heaters in coal fired power plants. Eskom consequently identified the need for this research project to find the optimal age at which to replace high pressure (HP) feedwater heaters. Previous work has failed to quantify the unique financial risk of tube failures, which varies for individual heaters. Using life cycle cost (LCC) methodology, a framework is developed for the optimisation of the HP feedwater heater replacement age in Eskom coal fired power plants and integrated into existing software used in the organization. This entails identifying the most significant cost factors involved in the lifecycle of HP heaters and determining how they evolve over time by conducting a case study. Minimum life cycle cost for an actual HP heater is calculated in the case study based on failure data and cost information supplied by the power plant. This optimisation of replacement time can realise significant savings in annualised LCC compared to current practice.
Dissertation (MEng)--University of Pretoria, 2017.