The fuel cost functions in rupees/hour for two 600 MW thermal power plants are given by
Plant 1 : C1 = 350 + 6P1 + 0.004P12
Plant 2 : C2 = 450 + aP1 + 0.003P12
where P1 and P2 are power generated by plant 1 and plant 2, respectively, in MW and a is constant. The incremental cost of power ( λ) is 8 rupees per MWh. The two thermal power plants together meet a total power demand of 550 MW. The optimal generation of plant 1 and plant 2 in MW, respectively, are
Correct Answer :
250, 300
Solution :
The correct answer is 250, 300.
Step-by-Step Explanation:
For the economic load dispatch and optimal sharing of load between power plants, the incremental cost of each operating plant must be equal to the system incremental cost (λ), provided no generator limits are violated.
We are given the following parameters:
• Total power demand, PD = 550 MW
• Incremental cost of power, λ = 8 rupees/MWh
• Fuel cost function of Plant 1: C1 = 350 + 6P1 + 0.004P12
First, we write down the load dispatch equation that relates the generation of the two plants to the total demand:
Next, we determine the incremental fuel cost of Plant 1 (IC1) by taking the derivative of its cost function C1 with respect to P1:
Under optimal operation conditions, the incremental cost of Plant 1 must be equal to the system incremental cost, λ:
Subtracting 6 from both sides of the equation:
Solving for P1:
Now, substituting the value of P1 back into the load dispatch demand equation to solve for P2:
Both generations (250 MW and 300 MW) are within the limits of the 600 MW capacity of each power plant. Thus, the optimal generation values for plant 1 and plant 2 are 250 MW and 300 MW, respectively.
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