LIFE CYCLE MANAGEMENT (LCM) TO DETERMINE RETIREMENT AGE AT POWER PLANT (STUDY CASE OF PLTU BUKIT ASAM 4x65 MW)

• Main Author: Danang Rumanjaya, Andy
• Format: Theses
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/44272
• Institution: Institut Teknologi Bandung

This research aims to predict future power plants using outdated financial study. Life Cycle Management is a financial calculation method used in this study. In the LCM, Life Cycle Cost Analysis (LCCA) consists of two components, namely the cost of acquisition and management costs .. There are several indicators of performance and cost are made to perform an assessment of the LCCA. Those indicators include the breakeven point, the Pareto costs, cost of energy, the internal return of rate. Two main points, namely the use of financial analysis (LCCA) to estimate future generation obsolete, and to assess the feasibility of investments that have been implemented. The results of the LCCA calculation shows that the power plant is the object of the research is showing symptoms entered a period of wear (wear-out cycle) since the year 2015. It is characterized by a decrease in the benefit / Increase in cash for several years until the unit failure with the operation period quite a long time. As a result, management fees mainly for repair needs increased significantly in a short period of time. Cash flow has decreased significantly because there is no income from the sale of electricity production. In such cases, the analysis of Life Cycle Cost (LCC) is necessary as a supporter in determining the investment policy. With the LCC analysis it can be estimated some of the main points that should be considered in making the investment policy. The point is the basis for determining whether or not the investment is made, and if the investment is feasible then be estimated payback period. By using the IRR calculated with the help of Microsoft Excel program, the calculation results show that the investment that has been implemented is decent (IRR of 84%, compared with a discount rate of 12%). This calculation is performed taking into account the forecast net income within the next 30 years. the calculation results show that the investment that has been implemented is decent (IRR of 84%, compared with a discount rate of 12%). This calculation is performed taking into account the forecast net income within the next 30 years. the calculation results show that the investment that has been implemented is decent (IRR of 84%, compared with a discount rate of 12%). This calculation is performed taking into account the forecast net income within the next 30 years.