Market power equivalent efficiency

Market Power Equivalent Efficiency and Heat Rate... 

So far, we discussed power import and export with their PEE and heat rates. As a matter of fact, the PEE and heat rate of power import are the same as that of power export. To avoid confusion, we use the terms market power equivalent efficiency and market heat rate for both power import and export. 

The oil gas market has a strong influence on the price of utilities. A consistent method for estimating the cost of utilities can be developed based on thermo-chemical calculations and typical efficiency of industrial processes, as power plants, boilers, turbines, refrigeration cycles, etc. Each utility can be related to its equivalent fuel value, as indicated by the Table B2 (Douglas, 1988). Once the cost of fuel known, the price of other utilities can be easily determined. Note that the prices in Table B2 are only for illustration purposes. 

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