The fuel cost functions in rupees/hour for two 600 MW thermal power plants are given by
Plant 1 : C1 = 350 + 6P1 + 0.004P12
Plant 2 : C2 = 450 + aP1 + 0.003P12
where P1 and P2 are power generated by plant 1 and plant 2, respectively, in MW and a is constant. The incremental cost of power ( λ) is 8 rupees per MWh. The two thermal power plants together meet a total power demand of 550 MW. The optimal generation of plant 1 and plant 2 in MW, respectively, are
Correct Answer :
250, 300
Solution :
The correct option is 250, 300.
Let's analyze the given problem step-by-step to find the optimal generation of Plant 1 and Plant 2.
We are given the fuel cost function for Plant 1 in rupees per hour as:
For economic load dispatch, the incremental fuel cost of Plant 1 () is equal to the system incremental cost of power (). The incremental cost is obtained by taking the derivative of the cost function with respect to the power generated by that plant:
Differentiating with respect to :
We are given that the incremental cost of power () is 8 rupees per MWh. Setting the incremental cost of Plant 1 to :
Subtracting 6 from both sides:
Solving for :
The two thermal power plants together meet a total power demand of 550 MW. Therefore, the load balance equation is:
Substituting the value of into the equation:
Solving for :
Thus, the optimal generation of plant 1 and plant 2 are 250 MW and 300 MW, respectively.
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