Abstract
THE aim of this work is to deduce sufficiently accurate laws for determining the most efficient power plant when all-round economy is taken into account. For this purpose it is necessary to determine a standard of economy, and this is fully discussed in the opening chapter, where a coefficient is defined depending upon the value of the product directly and on the cost and time inversely. The application of this standard to measure the efficiency of production is applied to some examples, and the results of the analyses are considered in detail. After a discussion of the properties of steam, the efficiencies of engines and boilers, and questions of a kindred nature, the author proceeds to deal with the interesting question of the cost of various forms of thermal power plant.
Commercial Economy in Steam and other Thermal Power Plants as Dependent upon Physical Efficiency, Capital Charges, and Working Costs.
By Prof. Robert H. Smith. Pp. xxiv + 291; with numerous diagrams by H. Malcolm Hodson. (London: Constable and Co., Ltd., 1905.) Price 24s. net.
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C., E. Commercial Economy in Steam and other Thermal Power Plants as Dependent upon Physical Efficiency, Capital Charges, and Working Costs . Nature 73, 338–339 (1906). https://doi.org/10.1038/073338b0
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DOI: https://doi.org/10.1038/073338b0
