Analysis on Solar or Wind Power Company Operations
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Added on  2023/01/17
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This report provides an analysis of the day-to-day operations of a solar or wind power company, including its relationship with LB5230 and its sustainability efforts. It also offers an overview of the company and its main activities.
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ANALYSIS ON SOLAR OR WIND POWER COMPANY OPERATIONS
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 CONCLUSION................................................................................................................................6 REFERENCES................................................................................................................................7
INTRODUCTION Wind power is predominately utilizing the wind and thus converting it into energy for the generation of electricity.Pacific Hydro is the Chinese-owned organization being established in 1992 and headquartered in Melbourne, Australia. It generally incorporates a wide range of projects that relates to hydro-electricity as well as wind projects and have a range of wind turbines and wind mills. This report gives a brief about overview of the company, day to day operations of company, relationship between company and LB5230 and sustainability within company. MAIN BODY Overview of the company The Pacific Hydro is basically on of the renowned solar and wind organization which has its headquarter in Australia and thus provides a range of customers as well as services to their5 clients. In the year of 2014, the company has acquired nearly 25000 sq ft of the industrial unit align with land as well as warehouses that has allowed them to extend their services on the wide geographies. It generally has around thousand of the products in their stock that are from the leading manufacturers ad along with this has the showroom that displays around thousands of items.It is basically the Chinese owned company that was being established in the year 1992 and thus found its position in the Australian stock exchange. The company mainly operates the renewable energy projects that was initially before its opening strategy its wind farm in the year 2010. Along with Australia, the company also operates in the Brazil as well as Chile. The company has remain active within carbon market in terms of production as well as trading of the credits of carbon(Eser and et.al.,2016). In the year 2012, this company started its operation within Victorian market. The Pacific Hydro was in the year 2016 re-branded to Tango energy. There are range of power stations that are being owned by this company. Among the wind stations, it has its own wind farms by the name Codrington farm, Portland wind project, Challicum wind farm. Talking of the water stations, it consist of Eildon Pondage station, Drop Hydro, William power station, Lake power station. It generally operates and functions a diversified as well as high quality portfolio along with the installed capacity and volume around 1 GW+ in Chile, Brazil as well as Australia(Feng and et.al.,2016). It is recently developing the considerable number and quantity of projects of that will have around 2 GW potential capacity. Pacific Hydro mainly has the well-known record of development, identification as well as
operation within renewable energy. Along with this, it also provides the important in-house expertise and suggestions across is various international operations. Day to day operations of company Solar power is basically the transformation of energy into electricity from sunlight either through photovoltaic directly or indirectly by utilizing the concentrated solar power and its combination. Wind power on the other hand is generally the utilization of wind for providing mechanical power via wind turbines for converting electric generators for the main purpose of milling as well as pumping. Operating these wind turbines ad well as wind farms is one of the most important operation of Pacific Hydro and is constantly involved in generating electricity and its sources through the use of these wind mills. Its wind mills consist of wind turbines that is connectedwithelectricpowertransmissionnetworks.Thecompanydailygeneratesa considerable amount of electricity by running these turbines and thus converts the kinetic energy into mechanical energy(Ma and et.al.,2015). The mechanical energy which is generated is then used for wide range of tasks like grinding, pumping water etc. The company every day make use of the wind turbines which helps them to generate electricity not only for the city but for the entire country and nation. The wind turbines of Pacific Hydro basically consist of the propeller blades which moves in the opposite direction of the moving air and thus through this movement,. A energy is generated which is then converted into the form of electricity through a generator. The turbines turns blades that let on spins the shaft which is connected to the generator and hence leads to the generation of electricity. Every day, the efficiency of the wind turbines of Pacific hydro results in the generation of around 10% electricity and thus their everyday operation includes continuously using the windmills as well as wind turbines to generate the energy that can be later on used for a wide range of operations. These wind turbines mainly produce around 50kW electrical power that is then supplied to the entire Australia and reduce the dependencies of people on different electric powers. The wind turbines of Pacific Hydro are of varying size as well as have different power ratings(Mao and et.al.,2015). Its largest turbine consist of the blades which stands around 20 buildings high. It produces the immense amount of electricity that is enough to serve nearly 1400 homes. Besides this, its utility-scale turbines have size between 50-750 kilowatts and thus generates the large amount of energy. Thus their day to day operations depends on these wind turbines.
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Relationship between company and LB5230 The LB5230 basically encompasses three aspects which are supply chain, value chain and the operation management. Talking of the value chain, it is highly imperative in Pacific Hydro and thus helps the company to manage their overall operations. The primary activities of the the company which forms the main part of value chain, Pacific hydro forms the great relation with their suppliers where the raw material as well as inputs are sought for beginning the production of electricity. Besides this, the operations of the company consist of processing the raw material and thus managing the entire operations of packing, assembling as well and testing. The outbound logistics of the company which helps them to establish its position in market are the marketing ans sales. Pacific hydro produces a high quality products for their clients which are being promoted their sales department and hence helps to take brand message to the wider audience(Popp, Liebl and Zaeh, 2017). The supply chain of Pacific Hydro have a profound effect on its position and the overall performance. Its supply chain forms an important link between processing the raw material and delivering the products and services to customers through the suppliers. The various products of Pacific Hydro like inverters, wind turbines, generators, blades, storage batteries are being supplied through a highly established supply chain. The supply chain The supply chain forms the integral part of the company where the organization utilizes various advanced technology to integrate its activities and thus supply the products to the clients and other businesses. Pacific Hydro makes use of ESI+ which is electronic supplier integration which helps them to form a link between the company as well as suppliers. This digital technology leverages the entire process ranging from purchase to the generation of invoice receipt. Besides this, it helps the organization to enhance the data flow and thus make the overall process more efficient and transparent(Bansal, 2017). Along with the value chain and supply chain, the operation management of Pacific Hydro is highly efficient and thus their main focus remains towards improving the quality of their products like wind mill, wind turbines etc. Thus, in order to achieve this, company makes use of various techniques a well as methods like lean products, TQM which helps them to reduce the amount of waste during production and hence deliver world-class products to their clients and customers. The operation process of the company involves converting the input which contains materials, labour etc. into the output which are products and services like windmill, wind
turbines, generators etc. This whole transformation process utilizes the different methods which eventually adds value to their product and thus helps to measure the overall performance. Sustainability within company The Pacific Hydro is highly involved and is continuously working towards making its entire process and methodssustainableenough to reduce the pollution. The company is constantly engaged to make protect the environment and thus contribute t a great extent towards the entire environment. The basic approach of the company is to leverage the various economic, social as well as environment practices of the business for delivering long run value to shareholders,customers,employees,partnersandthewholeenvironment.Throughtheir environmental portfolio, the company not only promotes greener environment but is highly focussed towards promoting safety and education to their employees(Gomez-Exposito, Conejo and Canizares, 2018). For example- the company have a well-through training and development programme in which they provides a range of vocational education and training to the secondary school people and graduates on the importance of wind turbines, process of electricity generation etc. Besides this, the company has the long term goal to comply to various environmental standards thus in view of this, Pacific Hydro has redesigned its electricity markets for ensuring considerable investment within sustainable system. Along with this, the company is continuously providing their endless efforts for reducing the emission of carbon from the running of wind turbines and wind mills. Pacific Hydro has from past few years has reduced its emission of carbon to more than 5% and have reduced its intensity. CONCLUSION It has been summarized that wind power is mainly utilized to convert the power of wind into electricity which can then be used for various purposes like pumping etc. The day to day operation of the organizations mainly encompasses the working on various wind turbines which has blades that rotates opposite to the wind. This converts potential energy into kinetic energy and thus results in the generation of electricity. The organizations have a well through supply chain where they make use of the technology to promote efficient delivery of the products like wind mills to the customers.
REFERENCES Books & Journals Bansal, R. ed., 2017.Handbook of distributed generation: electric power technologies, economics and environmental impacts. Springer. Eser, P and et.al.,2016. Effect of increased renewables generation on operation of thermal power plants.Applied energy.164.pp.723-732. Feng, L and et.al.,2016. Energy, economy, and environment analysis and optimization on manufacturing plant energy supply system.Energy Conversion and Management.117. pp.454-465. Gomez-Exposito, A., Conejo, A.J. and Canizares, C., 2018.Electric energy systems: analysis and operation. CRC press. Ma, T and et.al.,2015. Optimal design of an autonomous solar–wind-pumped storage power supply system.Applied Energy.160.pp.728-736. Mao, Y and et.al.,2015. Energy harvesting small cell networks: feasibility, deployment, and operation.IEEE Communications Magazine.53(6). pp.94-101. Popp, R.S.H., Liebl, C. and Zaeh, M.F., 2017. Evaluation of the energy flexible operation of machine tool components.Procedia CIRP.63.pp.76-81.