Calculating the True Cost of Steam

In Calculating the True Cost of Steam , you'll learn ...

• The importance of knowing the cost of steam used in your process
• How to calculate the steam cost at different process operating rates
• The process for setting up a simulation model of a steam system using computerized simulation modeling

Overview

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Credit: 1 CPD

Length: 17 pages

It is important for engineers to know the true cost of steam that is generated and consumed in a process. It is essential to properly evaluate the economics of proposed process efficiency or capacity-improvement projects. Additionally, knowing the true cost of steam serves as a basis for optimizing the steam generation system, ensuring more effective negotiations with utility companies and properly evaluating proposed cogeneration projects.

In this course you’ll learn why determining the cost of steam is a complex problem for processes using multiple steam sources and multiple fuels. You’ll learn how to calculate the true cost of steam at different process operating rates using steam-system modeling.

Learning Objectives

Upon completion of this course, participants will be able to:

• Explain the importance of determining the true cost of steam in a facility.
• Describe the different methods used to calculate steam costs.
• Calculate the cost of steam generation.
• Develop a heat and material balance simulation model of the system.
• Distinguish between the use of marginal cost and average cost in a model.
• Calculate steam costs at different flow rates.
• Explain how steam costs depend on the path steam follows through the generation and distribution systems.

Certificate of Completion

You will be able to immediately print a certificate of completion after passing a multiple-choice quiz consisting of 10 questions. CPD credits are not awarded until the course is completed and quiz is passed.