If the total load is shared among the three power plants equally, what is power of each power plant and what is the total operating cost in $/hr in this case. Find the optimal (economic) dispatch of each plant, the incremental operating cost λ, and the total operation cost in $/hr. (You don't need to use the iteration method). c) a) b) generation If it is expected that those power plant will operate in average 18 hrs a day, how much saving in cost if the economic dispatch operation with shared power operation (in part a).

If the total load is shared among the three power plants equally, what is power of each power plant and what is the total operating cost in $/hr in this case. Find the optimal (economic) dispatch of each plant, the incremental operating cost λ, and the total operation cost in $/hr. (You don't need to use the iteration method). c) a) b) generation If it is expected that those power plant will operate in average 18 hrs a day, how much saving in cost if the economic dispatch operation with shared power operation (in part a).

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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