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Project Management of Power Generation

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Added on  2020-07-23

Project Management of Power Generation

   Added on 2020-07-23

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Table of ContentsINTRODUCTION...........................................................................................................................1TASK ..............................................................................................................................................11. Current and past power generation, distribution structure and products............................12 Current procurement practices for the various corporation in the industry.........................33 Explanation about the electricity market in Australia.........................................................44 Consideration of the new technology and its influence on the procurement......................75 Description of the procurement strategy.............................................................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
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INTRODUCTIONProject management can be defined as managing discrete packages of work in order tomeet with requirements of the project. For accomplishing the project it is essential for projectmanager that to have relevant experience and skill. Present study is based on power generationproject. Electricity supply market is highly competitive and changes take place frequently.Alteration in the local storage create problem in generation of power and distribution for thefirms (Elliston, Diesendorf & MacGill, 2012). For dealing with this issue, companies arerequired to make procurement strategies so that they can sustain in the market for longerduration. Current assignment will discuss current and past power generation. Distributionstructure and products will be described in this study. Furthermore, report will describe theelectricity market of Australia. In addition, it will outline procurement strategies that can supportsuppliers to transition from traditional to new technologies. TASK 1. Current and past power generation, distribution structure and productsIn the present era, electricity supply market has grown well due to high demand ofenergy.Electricity market is highly competitive and volatile in nature, practices get changed incontinuous basis. Electric power distribution is the end phase in which energy is distributed tofinal consumer through transmission system (Foley and et.al., 2012). On the other hand anelectric power grid is a kind of network which is interconnected with other, it supplies power toend users. There are three main system which play significant role in power generation. Theseare as generating stations, distribution system and transmission system. In the earlier time periodsome local distributors store power that is the reason that power generation companies had toface huge problems. In order to solve this issue, power Distribution Corporation has designedsuch procurement strategies through which power generation companies are able to generateelectricity as per the demand and can sustain in the market for long time. In the pastime, people relied on wood, sun, wind etc. for energy. But with thedevelopment of technology, infrastructure, demand of energy has increased to great extent. Thefirst electronic power industry and power supply was established in colonial era i.e. in year 1880in Australian. Government has not made any regulations related to power generation till the endof 1919. It was good time for small electric industry because it was easier for them to work insuch conservative time. The first power station was published by private company in city of1
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Melbourne. In year 1921 State Electricity Commission has developed the brown coal deposit inLatrobe valley. In 1909 major hydro-electricity development plant had been initiated by theprivate firm. The first lighting company Victorian Electric Light Company has formed inMelbourne in 1880. In 1899 from street lightning shop to offices everything were lighted withelectricity. In this era people understood the importance of electricity and demand of energy wasincreasing frequently. Gradually power generating companies have increased their productionand till 1906 there were 46 electric light and power station with the capacity of 23,000kW, and18 of them were managed by local authorities. Tasmania was the first one to use transmissionline with 100 km (Elliston, Macgill & Diesendorf, 2013). The next big step was in Victoria in1924 where based on brown coal where the development of 50,000 kW Yallourn power stationcovered 160 km of area with 132kV line. From Early times coal has played important role inlight generation. South Wales, Queensland, have dominant source of coal whereas Tasmaniacover all the major area through hydroelectricity. In the current time, Power generation firms are delivering electricity to consumersthrough complex network. In the today's time, electricity produced at the power plants anddeliver with help of complex system and structure. Australia is a country where fuels still playmajor role in electricity generation. The brown coal has become basic necessity for energyproduction. 73% of electricity is produced through coal, 13% through natural gas, 7% throughhydro power, 4% through wind, 2% of solar and 1% of bioenergy. Australia depends heavilyupon coal for the production as it is cheaper and easily available element for generating power.These element impacts on the environmental conditions thus, demand of renewable sources areincreasing now-a-days. Australia is a land with the highest solar radiation per square meter butstill it contributes to only 2% of total production (MacGill, 2010). New methods andtechnologies are made so that Australia can use this factor as there benefactor but sincetechnologies are still not developed enough to actually store this energy, it cannot be used whenthere is no sun, it limited there role and is not good enough for commercial supply.In the modern era companies are utilizing the natural resources in order to generate thepower. They are taking support of water flow. In the modern era hydroelectric generationstations are working tremendous for meeting with the demand of energy. In addition to thishydro generation are the systematic process in which generating equipments are operated andcontrolled by remote. 2
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