3. Two adjacent regions decide to interchange power with each other to reduce their costs. The common incremental cost and total generation cost of units in each region, before and during power exchange, presented in table below. Common (IC) Common (IC) for system 1 for system 2 8.8 before interchange 8.1 during interchange 8.6 8.6 Total cost in system 1 10231 12776 Total cost in system 2 9452 6055 (a) Determine buyer and seller regions. (b) Calculate the profit amount obtained from power interchange. and each region's share. (c) Calculate total payment from buyer to seller (including energy cost plus seller's profit).

Introductory Circuit Analysis (13th Edition)
13th Edition
ISBN:9780133923605
Author:Robert L. Boylestad
Publisher:Robert L. Boylestad
Chapter1: Introduction
Section: Chapter Questions
Problem 1P: Visit your local library (at school or home) and describe the extent to which it provides literature...
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3. Two adjacent regions decide to interchange power with each
other to reduce their costs. The common incremental cost and
total generation cost of units in each region, before and
during
power exchange, presented in table below.
Common (IC) | Common (IC)
for system 1 for system 2
8.8
8.6
before interchange 8.1
during interchange 8.6
and each region's share.
(c) Calculate total
(a) Determine buyer and seller regions.
(b) Calculate the profit amount obtained from power interchange.
Total cost
in system 1
10231
12776
Total cost
in system 2
9452
6055
payment
cost plus seller's profit).
from buyer to seller (including energy
Transcribed Image Text:3. Two adjacent regions decide to interchange power with each other to reduce their costs. The common incremental cost and total generation cost of units in each region, before and during power exchange, presented in table below. Common (IC) | Common (IC) for system 1 for system 2 8.8 8.6 before interchange 8.1 during interchange 8.6 and each region's share. (c) Calculate total (a) Determine buyer and seller regions. (b) Calculate the profit amount obtained from power interchange. Total cost in system 1 10231 12776 Total cost in system 2 9452 6055 payment cost plus seller's profit). from buyer to seller (including energy
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