Abstract
Transformers are important components of power systems. This study compares the costs associated with different parts of the transformer. The cost of different components in a power transformer can vary greatly depending on many factors, such as transformer size, capacity, power rating, construction materials, and manufacturing. Factors such as transformer core, windings, insulation, cooling systems, labor costs, and other equipment are all considered. The goal of this study is to compare the prices of various products and analyze the economic factors influencing transformer production and design. Understanding these costs is important for increasing competitiveness in the transformer industry. This work enables transformer manufacturers to identify the cost ratio of the different parts and potential cost-optimization opportunities.
Original language | English |
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Title of host publication | Proceedings - ELTICOM 2024 |
Subtitle of host publication | 8th International Conference on Electrical, Telecommunication and Computer Engineering: Tech-Driven Innovations for Global Organizational Resilience |
Publisher | Institute of Electrical and Electronics Engineers Inc. |
Pages | 303-307 |
Number of pages | 5 |
ISBN (Electronic) | 9798331531249 |
DOIs | |
Publication status | Published - 2024 |
Event | 8th International Conference on Electrical, Telecommunication and Computer Engineering, ELTICOM 2024 - Medan, Indonesia Duration: 21 Nov 2024 → 22 Nov 2024 |
Publication series
Name | Proceedings - ELTICOM 2024: 8th International Conference on Electrical, Telecommunication and Computer Engineering: Tech-Driven Innovations for Global Organizational Resilience |
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Conference
Conference | 8th International Conference on Electrical, Telecommunication and Computer Engineering, ELTICOM 2024 |
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Country/Territory | Indonesia |
City | Medan |
Period | 21/11/24 → 22/11/24 |
Bibliographical note
Publisher Copyright:© 2024 IEEE.
Keywords
- Cost analysis
- Cost optimization
- Economic factors
- Manufacturing costs
- Power transformers