For more than 46 years, chemical process industries (CPI) professionals — engineers, managers, and technicians — have used Chemical Engineering 's Plant Cost Index (CEPCI) to adjust process plant construction costs from one period to another. This index — rather, indexes, as it consists of a composite index and eleven sub–indexes ...
Chemical Engineering, a trade magazine for chemical engineers, contains the Chemical Engineering Plant Cost Index (CEPCI) and other economic indicators.The magazine can be accessed online through one of the library's databases; however, a few issues may not have the page containing the CEPCI and other indicators you need.
Plant costs are measured using the same index for new work and repair and maintenance. Weights. Weights are applied to account for the varying balance of material, labour and plant costs related to each individual project. The overall index structure used to compile the top-level index for all construction can be seen in Figure 1.
The FWHA highway index dropped 4% in 2013-2014 but increased 4% in 2015. The IHS power plant cost index gained 12% from 2011-2014 but then plummeted in 2015 to an eight year low. The PPI industrial structures index and the PPI other nonresidential structures index both have been relatively flat or declining for the last three years.
During 2015 a natural gas power plants added a total capacity of 6,549 MW. Natural gas power plant construction costs for the same year averaged $812/kw, for a total cost of $5,318,957 for 74 generators. There are three different types of technology that are utilized in natural gas power plants. Each different technology has a substantial ...
2011-11: Enhanced Oil Recovery (EOR) Using CO2: 2011-10: Ethanol Production by Celanese Acetyl Technology: 2011-09: Bio-Based Isoprene: 2011-08: Polycarbonate via Dow Phosgenation Process: 2011-07: Updating the PEP Cost Index: 2011-06: Rebalancing the PEP Cost Index: 2011-05: On-Purpose Butadiene Production: 2011-04: Propylene Production via ...
a. Escalation: DoD Selling Price Index (DoD-SPI), which is an average of three commonly accepted national construction price escalation indices, is utilized to escalate actual project award cost data to October of 42012/4/for this UFC. b. Number of Bidders: Based on actual bid data for the three Services,
The chemical engineering plant cost index correlates well with macroeconomic factors. •. Current oil prices and current and past interest rates are the independent predictors. •. These predictors may also reflect market conditions, inflation and unit labour costs. •. The correlation is accurate within 3% over the period 1958–2011 and 1% ...
onshore wind in AEO2021 was $1,268 per kilowatt (kW), and for solar PV with tracking it was $1,232/kW, which represents the cost of building a plant excluding regional factors. Region-specific factors contributing to the substantial regional variation in cost include differences in typical project size across regions, accessibility of resources ...
Chemical Engineering Plant Cost Index from 1950 to 2010 700 600 500 400 300 200 100 0 1950 1960 1970 1980 1990 2000 2010 20. Table 7.5: The Basis for the Chemical Engineering Plant Cost Index Components of Index Weighting of Component (%) Equipment, Machinery and Supports: (a) Fabricated Equipment 37 (b) Process Machinery 14 (c) Pipe, Valves ...
600 Chemical Engineering Plant Cost Index (averaged over year) Year CEPCI 2011 585.7 500 2010 550.8 2009 521.9 2008 575.4 2007 525.4 400 2006 499.6 2005 468.2 2004 444.2 2003 402.0 Cost Index 300 2002 395.6 2001 394.3 2000 394.1 1999 390.6 1998 389.5 200 1997 386.5 1996 381.7 1995 381.1 100 0 1950 1960 1970 1980 1990 2000 2010 2020 Year
CE Plant Cost Index and the Marshall & Swift Equipment Cost Index. The CE Cost Index provides values for several plant-related costs including various types of equipment, buildings, construction labor and engineering fees. These values relate costs of complete plants over time, using the 1957–1959 timeframe as the base period (value = 100). The
Easy, accurate, inexpensive, and nondestructive methods to determine individual leaf area of plants are a useful tool in physiological and agronomic studies. This paper introduces a cost-effective alternative (called here millimeter graph paper method) for standard electronic leaf area meter, using a millimeter graph paper. Investigations were carried out during August–October, 2009 ...
CEPCI (ChE Index) Calculator. Last updated April 6, 2020. The most recent official CEPCI calculation method has inputs that are no longer updated by the BLS. This is a neural network based model that delivers an approximation of the most up-to-date CEPCI Index. The model uses 10 additional factors than the 2002 CEPCI calculation method to ...
Upstream Operating Costs Index (UOCI) The UOCI measures cost changes in the oil and gas field operations arena. It is similar to the consumer price index (CPI) in that it provides a clear, transparent benchmark tool for tracking and forecasting a complex and dynamic environment. The UOCI is a work product of the Upstream Operating Costs Service.
Plant cost index. Engineering Practice Updating the Plant Cost Index TABLE 1. STRUCTURE OF THE CECPI A. Equipment Index, includes the following sub-indexes: • Heat exchangers and tanks • Process machinery • Pipe, valves & fittings Changing ways of building plants • Process instruments • Pumps & compressors • Electrical equipment are ...
EIA publishes a ratio of revenues-to-costs to explain power plant additions. February 16, 2021 Growing industrial consumption and exports support future U.S. natural gas market growth. February 11, 2021 EIA's AEO2021 shows U.S. energy-related CO2 emissions rising after the mid-2030s. February 8, 2021
The chemical engineering plant cost index correlates well with macroeconomic factors. Current oil prices and current and past interest rates are the independent predictors. These predictors may also reflect market conditions, inflation and unit labour costs. The correlation is accurate within 3% over the period 1958–2011 and 1% over 2004–2011.
Chemical Engineering Plant Cost Index (CEPCI): After clicking on Chemical Engineering (Online) above, select EBSCO Engineering Source. Once Engineering Source loads, click the "+" sign next to the year needed along the right side. Then select the month/issue. After you locate the issue/month, go to the very last last few pages of that issue for ...
The Rickards Real Cost Water Index™ serves as a benchmark for helping measure hundreds of critical projects on a like-for-like basis. Index values reflect estimated water production costs measured in US dollars per cubic meter for a variety of major global water infrastructure projects ranging from retail water utilities to wholesale water utilities.
The rationale for using the estimated replacement value, rather than the original cost of the plant is the effect of construction cost escalation over time (inflation). Two relatively new plants built 10 years apart could have original costs that vary by 50 to 100 percent. Using the maintenance cost…