In economic assessment of Integrated Gasification Combined Cycle (IGCC), estimation of EPC (Engineering, Procurement, Construction) cost directly affects the reliability of results. Relevant Foreign EPC models are not suitable for China's situation. Reasonable modifications on these models were provided to take into account different localization levels of key equipments, based on equipment quotations and the actual project cost in domestic market. The main contribution is to add or modify regional factor, scaling factor and time factor to original models, finally obtaining the IGCC EPC model based on China's actual situation.
|Number of pages||5|
|Journal||Dongli Gongcheng/Power Engineering|
|Publication status||Published - Jun 2008|
- Energy and power engineering
- Estimation model