Study of Coal Inventory Planning Analysis in a Coal-Fired Power Plant Using Continuous and Periodic Review

Indra Aditya, Arionmaro Asi Simaremare, Chairul Hudaya

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

2 Citations (Scopus)

Abstract

The coal shortage in the stockpile of the coal-fired power plant will possibly stop the power plant operation, which leads to negative impact to the company's operational performance as well as the interconnected electrical power system. Coal inventory is usually stored in the stockpile with an excess amounts to maintain service level. But the excessive level of coal would make a financial burden in terms of storage and maintenance costs. The objective of this study is to plan the optimum coal safety stock level in XYZ coal-fired power plant so it could serve the system with the low cost of inventory without affecting the operation reliability. The results showed that continuous review policy was more suitable to calculate coal inventory than periodic review policy because it stored less coal and limited stockpile capacity in the power plant. This scenario could reduce the cost of coal inventory planning up to ∼ 14%.

Original languageEnglish
Title of host publication2019 IEEE 2nd International Conference on Power and Energy Applications, ICPEA 2019
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages33-36
Number of pages4
ISBN (Electronic)9781728115962
DOIs
Publication statusPublished - 1 Apr 2019
Event2nd IEEE International Conference on Power and Energy Applications, ICPEA 2019 - Singapore, Singapore
Duration: 27 Apr 201930 Apr 2019

Publication series

Name2019 IEEE 2nd International Conference on Power and Energy Applications, ICPEA 2019

Conference

Conference2nd IEEE International Conference on Power and Energy Applications, ICPEA 2019
CountrySingapore
CitySingapore
Period27/04/1930/04/19

Keywords

  • coal inventory
  • continuous review
  • optimization
  • periodic review
  • safety stock

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