Calculate optimum schedule for various total megawatt values

Assignment Help Financial Management
Reference no: EM131326512

Dispatch with Three-Segment Piecewise Linear Incremental Heat Rate Function
Given: two generating units with incremental heat rate (IHR) curves specified as three connected line segments (four points as shown in Figure 3.30).

2480_Tab.jpg

624_Tab 1.jpg

Both units are running. Calculate the optimum schedule (i.e., the unit megawatt output for each unit) for various total megawatt values to be supplied by the units. Find the schedule for these total megawatt values:

300 MW, 500 MW, 700 MW, 840 MW

Notes: Piecewise linear increment cost curves are quite common in digital computer executions of economic dispatch. The problem is best solved by using a "search" technique. In such a technique, the incremental cost is given a value and the units are scheduled to meet this incremental cost. The megawatt outputs for the units are added together and compared to the desired total. Depending on the difference, and whether the resulting total is above or below the desired total, a new value of incremental cost is "tried."

This is repeated until the incremental cost is found that gives the correct desired value. The trick is to search in an efficient manner so that the number of iterations is minimized.

1211_Fig 1.jpg

Reference no: EM131326512

Questions Cloud

What was the impact of the monetary policies : What was the impact of the monetary policies during the 1950's in the United States, specifically with interest rates?
The impact of future fuel prices or energy policies : What government agency analyzes and/or provides the impact of future fuel prices or energy policies?- The text by Thompson and Thore is the classic reference to model the material using static analysis with Linear Programming.
Provide a historical perspective of the policy : Provide a historical perspective of the policy(why it is important) from Assignment 1. Identify the key official and unofficial actors advocating for or against recommendations for further policy development from Assignment 2. (what is their influe..
Which is not a form of genetic recombination in bacteria : Exam: 986719RR, Exam: 986718RR and Exam: 986717RR- Which of the following is not a form of genetic recombination in bacteria? If female deer mate with male deer that have the largest antlers, we are witnessing ____ selection.
Calculate optimum schedule for various total megawatt values : Calculate the optimum schedule for various total megawatt values to be supplied by the units. Find the schedule for these total megawatt values:
Determine the received power level : A spacecraft located 100,000 km from the earth is sending data at a rate of R bits/s. The frequency band is centered at 2 GHz, and the transmitted power is 10 W.
Nominal interest rate : In 2000, the United Kingdom economy was at full employment. Nominal GDP was pound £825 billion, the nominal interest rate was 88 percent a year, the price level was 110,and the velocity of circulation was constant at 6.
Describe what occurs to american imports and exports : Describe what occurs to American imports and exports when the U.S. dollar is strong. Describe what occurs to American imports and exports when the U.S. dollar is weak
Identify the strengths of your learning style : Identify the strengths of your learning style.Compare these strengths to your personality type. How do these strengths help communication in your relationships with others, i.e., at work, home, school.Describe two challenges you may have with differe..

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd