Question Details

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

Options

A

200, 350

B

350, 200

C

325, 225

D

250, 300

Show Answer

Correct Answer :

Option D

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:

C1=350+6P1+0.004P12

For economic load dispatch, the incremental fuel cost of Plant 1 (IC1) is equal to the system incremental cost of power (λ). The incremental cost is obtained by taking the derivative of the cost function with respect to the power generated by that plant:

IC1=dC1dP1

Differentiating C1 with respect to P1:

IC1=6+2·0.004P1=6+0.008P1

We are given that the incremental cost of power (λ) is 8 rupees per MWh. Setting the incremental cost of Plant 1 to λ:

6+0.008P1=8

Subtracting 6 from both sides:

0.008P1=2

Solving for P1:

P1=20.008=250 MW

The two thermal power plants together meet a total power demand of 550 MW. Therefore, the load balance equation is:

P1+P2=550 MW

Substituting the value of P1 into the equation:

250+P2=550

Solving for P2:

P2=550-250=300 MW

Thus, the optimal generation of plant 1 and plant 2 are 250 MW and 300 MW, respectively.

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