Economic Comparison of Four Electric Power Sources for Forklift Trucks.
Abstract
The purpose of this project is twofold. First, it is to provide a general method of comparing electric power sources (EPS). Secondly, it is to compare two power sources, the lithium chloride storage battery and a hybrid system of a storage battery and a fuel cell, currently under development at USAMERDC for use in forklift trucks, with two standard storage batteries, the nickel iron and the lead acid. A universal comparison ratio of present value cost (PVC) per unit of energy delivered is decided upon. An economic model is derived to fit the life cycle of the EPS system. A computer program has been written to simulate the economic life cycle model. The output histogram of this computer simulation provides an easy method of comparing between power sources. The results show that the lithium chloride battery is the most cost effective EPS considered.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 01, 1974
- Accession Number
- ADA006479
Entities
People
- Daryl D. Reavis
Organizations
- United States Army Materiel Command