Professional Documents
Culture Documents
Sponsor
Power Generation Committee
of the
IEEE Power Engineering Society
No part of this publication may be reproduced in any form, in an electronic retrieval system or otherwise, without the prior
written permission of the publisher.
,(((6WDQGDUGVGRFXPHQWVDUHGHYHORSHGZLWKLQWKH7HFKQLFDO&RPPLWWHHVRIWKH,(((6RFLHWLHVDQGWKH6WDQGDUGV
&RRUGLQDWLQJ&RPPLWWHHVRIWKH,(((6WDQGDUGV%RDUG0HPEHUVRIWKHFRPPLWWHHVVHUYHYROXQWDULO\DQGZLWKRXW
FRPSHQVDWLRQ7KH\DUHQRWQHFHVVDULO\PHPEHUVRIWKH,QVWLWXWH7KHVWDQGDUGVGHYHORSHGZLWKLQ,(((UHSUHVHQWD
FRQVHQVXVRIWKHEURDGH[SHUWLVHRQWKHVXEMHFWZLWKLQWKH,QVWLWXWHDVZHOODVWKRVHDFWLYLWLHVRXWVLGHRI,(((ZKLFK
KDYHH[SUHVVHGDQLQWHUHVWLQSDUWLFLSDWLQJLQWKHGHYHORSPHQWRIWKHVWDQGDUG
8VHRIDQ,(((6WDQGDUGLVZKROO\YROXQWDU\7KHH[LVWHQFHRIDQ,(((6WDQGDUGGRHVQRWLPSO\WKDWWKHUHDUHQRRWKHU
ZD\VWRSURGXFHWHVWPHDVXUHSXUFKDVHPDUNHWRUSURYLGHRWKHUJRRGVDQGVHUYLFHVUHODWHGWRWKHVFRSHRIWKH,(((
6WDQGDUG)XUWKHUPRUHWKHYLHZSRLQWH[SUHVVHGDWWKHWLPHDVWDQGDUGLVDSSURYHGDQGLVVXHGLVVXEMHFWWRFKDQJH
EURXJKWDERXWWKURXJKGHYHORSPHQWVLQWKHVWDWHRIWKHDUWDQGFRPPHQWVUHFHLYHGIURPXVHUVRIWKHVWDQGDUG(YHU\
,(((6WDQGDUGLVVXEMHFWHGWRUHYLHZDWOHDVWRQFHHYHU\ÀYH\HDUVIRUUHYLVLRQRUUHDIÀUPDWLRQ:KHQDGRFXPHQWLV
PRUHWKDQÀYH\HDUVROGDQGKDVQRWEHHQUHDIÀUPHGLWLVUHDVRQDEOHWRFRQFOXGHWKDWLWVFRQWHQWVDOWKRXJKVWLOORI
VRPHYDOXHGRQRWZKROO\UHÁHFWWKHSUHVHQWVWDWHRIWKHDUW8VHUVDUHFDXWLRQHGWRFKHFNWRGHWHUPLQHWKDWWKH\KDYH
WKHODWHVWHGLWLRQRIDQ\,(((6WDQGDUG
&RPPHQWVIRUUHYLVLRQRI,(((6WDQGDUGVDUHZHOFRPHIURPDQ\LQWHUHVWHGSDUW\UHJDUGOHVVRIPHPEHUVKLSDIÀOLDWLRQ
ZLWK,(((6XJJHVWLRQVIRUFKDQJHVLQGRFXPHQWVVKRXOGEHLQWKHIRUPRIDSURSRVHGFKDQJHRIWH[WWRJHWKHUZLWK
DSSURSULDWHVXSSRUWLQJFRPPHQWV
,QWHUSUHWDWLRQV 2FFDVLRQDOO\ TXHVWLRQV PD\ DULVH UHJDUGLQJ WKH PHDQLQJ RI SRUWLRQV RI VWDQGDUGV DV WKH\ UHODWH WR
VSHFLÀFDSSOLFDWLRQV:KHQWKHQHHGIRULQWHUSUHWDWLRQVLVEURXJKWWRWKHDWWHQWLRQRI,(((WKH,QVWLWXWHZLOOLQLWLDWH
DFWLRQWRSUHSDUHDSSURSULDWHUHVSRQVHV6LQFH,(((6WDQGDUGVUHSUHVHQWDFRQVHQVXVRIDOOFRQFHUQHGLQWHUHVWVLWLV
LPSRUWDQWWRHQVXUHWKDWDQ\LQWHUSUHWDWLRQKDVDOVRUHFHLYHGWKHFRQFXUUHQFHRIDEDODQFHRILQWHUHVWV)RUWKLVUHDVRQ
,(((DQGWKHPHPEHUVRILWVWHFKQLFDOFRPPLWWHHVDUHQRWDEOHWRSURYLGHDQLQVWDQWUHVSRQVHWRLQWHUSUHWDWLRQUHTXHVWV
H[FHSWLQWKRVHFDVHVZKHUHWKHPDWWHUKDVSUHYLRXVO\UHFHLYHGIRUPDOFRQVLGHUDWLRQ
&RPPHQWVRQVWDQGDUGVDQGUHTXHVWVIRULQWHUSUHWDWLRQVVKRXOGEHDGGUHVVHGWR
6HFUHWDU\,(((6WDQGDUGV%RDUG
(DVWWK6WUHHW
1HZ<RUN1<
86$
,(((6WDQGDUGVGRFXPHQWVDUHDGRSWHGE\WKH,QVWLWXWHRI(OHFWULFDODQG(OHFWURQLFV(QJLQHHUVZLWKRXWUHJDUGWR
ZKHWKHUWKHLUDGRSWLRQPD\LQYROYHSDWHQWVRQDUWLFOHVPDWHULDOVRUSURFHVVHV6XFKDGRSWLRQGRHVQRWDVVXPH
DQ\OLDELOLW\WRDQ\SDWHQWRZQHUQRUGRHVLWDVVXPHDQ\REOLJDWLRQZKDWHYHUWRSDUWLHVDGRSWLQJWKHVWDQGDUGV
GRFXPHQWV
)RUHZRUG
7KLV)RUHZRUGLVQRWDSDUWRI$16,,(((6WG,(((6WDQGDUGIRU+\GUDXOLF7XUELQHDQG*HQHUDWRU,QWHJUDOO\)RUJHG
6KDIW&RXSOLQJVDQG6KDIW5XQRXW7ROHUDQFHV
7KLV VWDQGDUG GHWDLOV GLPHQVLRQV RI LQWHJUDOO\ ÁDQJHG VKDIWV DQG FRXSOLQJV VXFK DV DUH XVHG IRU WKH FRQQHFWLRQ
EHWZHHQWKHJHQHUDWRUDQGWXUELQHLQK\GURHOHFWULFLQVWDOODWLRQV,WZDVRULJLQDOO\GHYHORSHGE\WKH$PHULFDQ6RFLHW\
RI 0HFKDQLFDO (QJLQHHUV $60( LQ DQG DSSURYHG IRU SXEOLFDWLRQ E\ WKH$PHULFDQ 6WDQGDUGV$VVRFLDWLRQ
$6$ LQ $ UHYLVHG YHUVLRQ VSRQVRUHG E\ $60( ZDV DSSURYHG E\ $6$ LQ DQG LGHQWLÀHG DV
6WDQGDUG%
6WDUWLQJ LQ WKH 1DWLRQDO (OHFWULFDO 0DQXIDFWXUHUV $VVRFLDWLRQ 1(0$ XQGHUWRRN WKH VSRQVRUVKLS RI WKH
VWDQGDUGDQGDUHYLVHGLVVXHZDVDSSURYHGLQE\WKH8QLWHG6WDWHVRI$PHULFD6WDQGDUGV,QVWLWXWH86$6WDQGDUGV
,QVWLWXWHVXSHUVHGHGWKH$6$LQ
1(0$HOHFWHGWRZLWKGUDZWKHLUVSRQVRUVKLSRI6WDQGDUG%LQDQGLQWKH,QVWLWXWHRI(OHFWULFDODQG
(OHFWURQLFV (QJLQHHUV ,((( DJUHHG WR VSRQVRU LW 7KH +\GURHOHFWULF 3RZHU 6XEFRPPLWWHH RI WKH ,((( 3RZHU
*HQHUDWLRQ&RPPLWWHHXQGHUWRRNWKHWDVNRIUHYLHZLQJUHYLVLQJDQGUHLVVXLQJWKHVWDQGDUG
1(0$DOVRVSRQVRUHG6WDQGDUGV0*/DUJH+\GUDXOLF7XUELQH'ULYHQ6\QFKURQRXV*HQHUDWRUVDQG5HYHUVLEOH
6\QFKURQRXV*HQHUDWRU0RWRU8QLWVIRU3XPSHG6WRUDJH,QVWDOODWLRQVDQG0*,QVWDOODWLRQRI9HUWLFDO+\GUDXOLF
7XUELQH'ULYHQ *HQHUDWRUV DQG 5HYHUVLEOH *HQHUDWRU0RWRUV IRU 3XPSHG 6WRUDJH ,QVWDOODWLRQV %RWK RI WKHVH
VWDQGDUGVFRQWDLQHGWDEOHVFRQFHUQLQJWKH´$OORZDEOH5XQRXW7ROHUDQFHµ6LQFH0*UHVFLQGHGLQDQG0*
UHVFLQGHGLQKDYHEHHQZLWKGUDZQE\1(0$WKHVHWROHUDQFHGDWDKDYHEHHQLQFOXGHGLQWKLVVWDQGDUG
7KH ZRUNLQJ JURXS ZLVKHV WR DFNQRZOHGJH WKH FRQWULEXWLRQV PDGH WR WKH VWDQGDUG E\ 5 ' +DQGHO DQG ' +
+RKQVWHLQ
$WWKHWLPHWKLVVWDQGDUGZDVDSSURYHGWKHPHPEHUVRIWKH:RUNLQJ*URXSZHUHDVIROORZV
'-3DUNHU&KDLU
LLL
7KH IROORZLQJ SHUVRQV ZHUH RQ WKH EDOORWLQJ FRPPLWWHH WKDW DSSURYHG WKLV GRFXPHQW IRU VXEPLVVLRQ WR WKH ,(((
6WDQGDUGV%RDUG
LY
:KHQWKH,(((6WDQGDUGV%RDUGDSSURYHGWKLVVWDQGDUGRQ6HSWHPEHULWKDGWKHIROORZLQJPHPEHUVKLS
'RQDOG&)OHFNHQVWHLQ&KDLU
0DUFR:0LJOLDUR9LFH&KDLU
$QGUHZ*6DOHP6HFUHWDU\
0HPEHUHPHULWXV
Y
&/$86( 3$*(
,QWURGXFWLRQDQG6FRSH
6KDIW5XQRXW7ROHUDQFHV³)DFWRU\&KHFN
&RPELQHG7XUELQHDQG*HQHUDWRU6KDIWV
&RPELQHG*HQHUDWRUDQG,QWHUPHGLDWH6KDIWV
&RPELQHG7XUELQHDQG,QWHUPHGLDWH6KDIWV
,QGLYLGXDO*HQHUDWRU6KDIW
,QGLYLGXDO7XUELQHDQG,QWHUPHGLDWH6KDIW
5HFRUGV
YL
$Q$PHULFDQ1DWLRQDO6WDQGDUG
,(((6WDQGDUGIRU+\GUDXOLF7XUELQHDQG
*HQHUDWRU,QWHJUDOO\)RUJHG6KDIW
&RXSOLQJVDQG6KDIW5XQRXW7ROHUDQFHV
,QWURGXFWLRQDQG6FRSH
7KLVVWDQGDUGDSSOLHVWRWKHGLPHQVLRQVRILQWHJUDOO\IRUJHGVKDIWFRXSOLQJVDQGWRWKHVKDIWUXQRXWWROHUDQFHV6KDIWV
DQGFRXSOLQJVLQFOXGHGLQWKLVVWDQGDUGDUHXVHGIRUERWKKRUL]RQWDODQGYHUWLFDOFRQQHFWLRQVEHWZHHQJHQHUDWRUVDQG
WXUELQHVLQK\GURHOHFWULFLQVWDOODWLRQV
7KLV VWDQGDUG GRHV QRW LQFOXGH GDWD RQ IDEULFDWHG VKDIWV VKDIW VWUHVVHV DQG EROW WHQVLRQLQJ ,QGXVWU\ H[SHULHQFH
VXJJHVWV WKDW WKH WRUTXH FDSDFLW\ RI VKDIWV KDYLQJ GLDPHWHUV JUHDWHU WKDQ LQFKHV LV XVXDOO\ EHWWHU SURYLGHG E\
IDEULFDWHGUDWKHUWKDQIRUJHGVKDIWV
5HIHUHQFHV
7KHIROORZLQJSXEOLFDWLRQVVKDOOEHXVHGLQFRQMXQFWLRQZLWKWKLVVWDQGDUG
>@$16,%$PHULFDQ1DWLRQDO6WDQGDUG6TXDUHDQG+H[%ROWVDQG6FUHZV,QFK6HULHV
>@$16,%$PHULFDQ1DWLRQDO6WDQGDUG6TXDUHDQG+H[1XWV
>@$16,&$PHULFDQ1DWLRQDO6WDQGDUG5HTXLUHPHQWVIRU6\QFKURQRXV0DFKLQHV
>@ $16, & $PHULFDQ 1DWLRQDO 6WDQGDUG 5HTXLUHPHQWV IRU 6DOLHQW 3ROH 6\QFKURQRXV *HQHUDWRUV DQG
*HQHUDWRU0RWRUVIRU+\GUDXOLF7XUELQH$SSOLFDWLRQV
$16,SXEOLFDWLRQVFDQEHREWDLQHGIURPWKH6DOHV'HSDUWPHQW$PHULFDQ1DWLRQDO6WDQGDUGV,QVWLWXWH%URDGZD\1HZ<RUN1<
&RS\ULJKW,((($OO5LJKWV5HVHUYHG
2001
1998