Question Details

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

Options

A

200, 350

B

350, 200

C

325, 225

D

250, 300

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:

P 1 + P 2 = 550

Next, we determine the incremental fuel cost of Plant 1 (IC1) by taking the derivative of its cost function C1 with respect to P1:

I C 1 = d C 1 d P 1 = d d P 1 350 + 6 P 1 + 0.004 P 1 2

I C 1 = 6 + 0.008 P 1

Under optimal operation conditions, the incremental cost of Plant 1 must be equal to the system incremental cost, λ:

I C 1 = λ

6 + 0.008 P 1 = 8

Subtracting 6 from both sides of the equation:

0.008 P 1 = 2

Solving for P1:

P 1 = 2 0.008 = 250  MW

Now, substituting the value of P1 back into the load dispatch demand equation to solve for P2:

250 + P 2 = 550

P 2 = 550 - 250 = 300  MW

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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