Cost Analysis and Economic Factors in Transformer Design and Production

Kamran Dawood, Muhammed Alperen Cakir, Guven Komurgoz, Semih Tursun

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

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 languageEnglish
Title of host publicationProceedings - ELTICOM 2024
Subtitle of host publication8th International Conference on Electrical, Telecommunication and Computer Engineering: Tech-Driven Innovations for Global Organizational Resilience
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages303-307
Number of pages5
ISBN (Electronic)9798331531249
DOIs
Publication statusPublished - 2024
Event8th International Conference on Electrical, Telecommunication and Computer Engineering, ELTICOM 2024 - Medan, Indonesia
Duration: 21 Nov 202422 Nov 2024

Publication series

NameProceedings - ELTICOM 2024: 8th International Conference on Electrical, Telecommunication and Computer Engineering: Tech-Driven Innovations for Global Organizational Resilience

Conference

Conference8th International Conference on Electrical, Telecommunication and Computer Engineering, ELTICOM 2024
Country/TerritoryIndonesia
CityMedan
Period21/11/2422/11/24

Bibliographical note

Publisher Copyright:
© 2024 IEEE.

Keywords

  • Cost analysis
  • Cost optimization
  • Economic factors
  • Manufacturing costs
  • Power transformers

Fingerprint

Dive into the research topics of 'Cost Analysis and Economic Factors in Transformer Design and Production'. Together they form a unique fingerprint.

Cite this