02 Generator cost rate functions in $/hr for a three-unit system are given as follows: FI-0.008(P1)2 +0.5(P1) +5, F2-0.030(P2)² +0.2(P2) + 3, and F3=0.020(P3)2 + 1.0(P3) + 5. These three generators must supply a total demand of 1100 MW. (a) Compute incremental fuel cost. (b) Determine the total cost rate.

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02 Generator cost rate functions in $/hr for a three-unit system are given as follows:
FI-0.008(P1)2 +0.5(P1) + 5, F2-0.030(P2)2 +0.2(P2) + 3, and F3-0.020 (P3)2 + 1.0(P3) + 5.
These three generators must supply a total demand of 1100 MW. (a) Compute incremental fuel
cost. (b) Determine the total cost rate.
Transcribed Image Text:02 Generator cost rate functions in $/hr for a three-unit system are given as follows: FI-0.008(P1)2 +0.5(P1) + 5, F2-0.030(P2)2 +0.2(P2) + 3, and F3-0.020 (P3)2 + 1.0(P3) + 5. These three generators must supply a total demand of 1100 MW. (a) Compute incremental fuel cost. (b) Determine the total cost rate.
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