Installation of capacitor banks proved to be cost effective approach to correct power factor in industrial plants. Optimum capacitance value that contributes to the maximum PF improvement varies from one system to another. Such value depends on the existing electrical system within the industrial plant. This paper provides industrial plants operators an optimisation model to correct and improve PF. This paper is supported by using both MATLAB programming and iteration loop technique. The Jordanian Petroleum Refinery Company is taken as a case study. Results indicate that PF improvement reached almost unity PF for this case, which yields to a reduction in the overall electricity bill.
Keywords: capacitor banks, power factor improvement, optimisation modelling, power consumption, energy consumption, capacitance value, Jordan