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3) Solve this problem: There are four market participants, i.e., two generation companies (GenCo. and GenCo2) that represent two sellers, and two distribution companies (Disco1
3) Solve this problem: There are four market participants, i.e., two generation companies (GenCo. and GenCo2) that represent two sellers, and two distribution companies (Disco1 and DisCo2) that represent buyers. Calculate MCP and MCQ using the data provided in Tables below. (50 points) Note: You must use the graph sheet to plot the graph. Write down your name/ID on the graph sheet as well. You need to plot graph using PENCIL only and present clearly all lines. To get full credit, you must explain your work clearly. Graph sheet is provided on next page. However, if you have similar graph sheet, you can use it. Suggestion: if you want to achieve good graph and get correct values for MCP and MCQ, use the graph paper in landscape mode. Table 1.2: DisCo2 bids Table 1.1: DisCoi bids Price Demand (S/MWh) (MW) 0 75 20 75 Price (S/MWh) 0 25 45 Demand (MW) 90 60 55 Table 2.1: GenCo, bids Price (S/MWh) Supply (MW) 0 15 10 15 20 90 Table 2.2: GenCoz bids Price Supply (S/MWh) (MW) 0 0 15 30 25 50 40 100 3) Solve this problem: There are four market participants, i.e., two generation companies (GenCo. and GenCo2) that represent two sellers, and two distribution companies (Disco1 and DisCo2) that represent buyers. Calculate MCP and MCQ using the data provided in Tables below. (50 points) Note: You must use the graph sheet to plot the graph. Write down your name/ID on the graph sheet as well. You need to plot graph using PENCIL only and present clearly all lines. To get full credit, you must explain your work clearly. Graph sheet is provided on next page. However, if you have similar graph sheet, you can use it. Suggestion: if you want to achieve good graph and get correct values for MCP and MCQ, use the graph paper in landscape mode. Table 1.2: DisCo2 bids Table 1.1: DisCoi bids Price Demand (S/MWh) (MW) 0 75 20 75 Price (S/MWh) 0 25 45 Demand (MW) 90 60 55 Table 2.1: GenCo, bids Price (S/MWh) Supply (MW) 0 15 10 15 20 90 Table 2.2: GenCoz bids Price Supply (S/MWh) (MW) 0 0 15 30 25 50 40 100
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