Economic Load Dispatch Problem Without Losses

Summary

Lecture 36 Examples Cost minimum function of thermal power plant How economically we are allocating the generated power to the consumer through an algorithm. A power plant has three units with the following input-output characteristics: Q1 = 0.002 P1^2 + 0.86 P1 + 20 tons/hour Q2 = 0.004 ... Consider a steam station with two units, the input-output characteristics being specified by F1 = 80 + 8P1 + 0.024P1^2 F2 = 120 + ... In a three-plant system, the cost functions are given by F1 = 500 + 7 P1 + 0.002 P1^2 F2 = 400 + 6.5 P2 + 0.003 P2^2 F3 = 200 + ... The cost characteristics of three units in a power plant are given by C1 = 0.5 P1^2 + 220 P1 + 1800 Rs / hour C2 = 0.6 P2^2 + 160 ... What happens when pure mathematical optimization tells a generator to produce more power than its boiler or turbine can safely ...