Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A 3 bus system operates a LMP electricity market. Bus A is connected to bus C by ne 1. Bus A is connected to bus
A 3 bus system operates a LMP electricity market. Bus A is connected to bus C by ne 1. Bus A is connected to bus B by line 2. Bus B is connected to bus C by line 3. Lines 2 and 3 have equal reactance and line 1 has a reactance of 1.5 times their value. Generator A has a capacity of 180 MW, is located at bus A and bids 70/MWh. Generator B has a capacity of 330 MW, is located at bus B and bids 80/MWh. Generator C has a capacity of 200 MW, is located at bus C and bids 90/MWh. A load of 280 MW is sited at bus C, and a further load of 45 MW is sited at bus B. If the transmission lines have ratings of 200 MW (line 1), 100 MW (line 2) and 95 MW (line 3), determine the optimal generator dispatch for the system subject to all constraints. Calculate the line flows, the locational marginal price at each bus and the Lagrange multipliers for all active constraints 35%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started