Cost Control System of Power Grid Project Based on Digital Orientation

The cost control system of power grid project based on digital direction is studied. The main purpose of this study is to understand the impact of digitalization on reducing total cost and improving service quality. Another objective is to determine the impact of digitization on various parameters,...

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Bibliographic Details
Published in2023 4th International Conference for Emerging Technology (INCET) pp. 1 - 6
Main Authors Li, Yue, Han, Yicheng, Zhang, Hao, Zhang, Kai, WenLong, Xia
Format Conference Proceeding
LanguageEnglish
Published IEEE 26.05.2023
Subjects
Analytical models
Control systems
Cost system
Costs
digitization
distribution network
Maintenance engineering
Power grid
Power grids
Power transmission lines
Software
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Summary:The cost control system of power grid project based on digital direction is studied. The main purpose of this study is to understand the impact of digitalization on reducing total cost and improving service quality. Another objective is to determine the impact of digitization on various parameters, such as operating expenses, investment, maintenance, operation and maintenance costs,etc. This will help to make a decision on BHEL's future investment strategy. The study was completed by using various tools (such as simulation, analysis and modeling)to find the best way to reduce the cost of the grid. It also includes an assessment of factors that will help reduce costs, such as distribution networks, generation capacity, transmission lines and other related factors.
DOI:10.1109/INCET57972.2023.10170674