Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4.2 The input-output curve of a gas-fired generating unit is approximated by the following function: H(P) = 120 +9.3P+0.0025P (MJ/h) This unit has a

    

4.2 The input-output curve of a gas-fired generating unit is approximated by the following function: H(P) = 120 +9.3P+0.0025P (MJ/h) This unit has a minimum stable generation of 200 MW and a maximum output of 500 MW. The cost of gas is 1.20 $/MJ. Over a 6-h period, the output of this unit is sold on a market for electrical energy at the prices shown in Table 4.15. Assuming that this unit is optimally dispatched, is initially on-line, and cannot be shut down, calculate its operational profit or loss for this period. 4.3 Repeat the calculation of Problem 4.2 assuming that the cost curve is replaced by a three-segment piecewise linear approximation whose values correspond with those given by the quadratic function for 200, 300, 400, and 500 MW. The input-output curve of a gas-fired generating unit is approximated by the following function: H(P) = 120 +9.3P +0.0025P (MJ/h) hadgo lembu This unit has a minimum stable generation of 200 MW and a maximum output of 500 MW. The cost of gas is 1.20 $/MJ. Over a 6-h period, the output of this unit is sold on a market for electrical energy at the prices shown in Table 4.15. Table 4.15 Data for Problem 4.2. Period Price ($/MWh) 1 12.5 2 10 3 13 4 13.5 5 15 11 4.2 The input-output curve of a gas-fired generating unit is approximated by the following function: H(P) = 120 +9.3P+0.0025P (MJ/h) This unit has a minimum stable generation of 200 MW and a maximum output of 500 MW. The cost of gas is 1.20 $/MJ. Over a 6-h period, the output of this unit is sold on a market for electrical energy at the prices shown in Table 4.15. Assuming that this unit is optimally dispatched, is initially on-line, and cannot be shut down, calculate its operational profit or loss for this period. 4.3 Repeat the calculation of Problem 4.2 assuming that the cost curve is replaced by a three-segment piecewise linear approximation whose values correspond with those given by the quadratic function for 200, 300, 400, and 500 MW. The input-output curve of a gas-fired generating unit is approximated by the following function: H(P) = 120 +9.3P +0.0025P (MJ/h) hadgo lembu This unit has a minimum stable generation of 200 MW and a maximum output of 500 MW. The cost of gas is 1.20 $/MJ. Over a 6-h period, the output of this unit is sold on a market for electrical energy at the prices shown in Table 4.15. Table 4.15 Data for Problem 4.2. Period Price ($/MWh) 1 12.5 2 10 3 13 4 13.5 5 15 11

Step by Step Solution

3.39 Rating (158 Votes )

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics An Intuitive Approach with Calculus

Authors: Thomas Nechyba

1st edition

538453257, 978-0538453257

More Books

Students also viewed these Accounting questions

Question

Identify three ways in which rationalism differs from empiricism.

Answered: 1 week ago