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# Given two generating units with their respective variable

## Problem 12.24 Chapter 12

Power System Analysis and Design | 5th Edition

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Power System Analysis and Design | 5th Edition

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Problem 12.24

Given two generating units with their respective variable operating costs as: C1 _ 0:01P2 G1 _ 2PG1 _ 100 \$=hr for 25 aPG1 a150 MW C2 _ 0:004P2 G2 _ 2:6PG2 _ 80 \$=hr for 30a PG2 a 200 MW Determine the economically optimum division of generation for 55 aPL a350 MW. In particular, for PL _ 282 MW, compute PG1 and PG2. Neglect transmission losses

Step-by-Step Solution:
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EFFICIENCY ● THE GOAL OF A FIRM = MAXIMIZE PROFIT ● EXPLICIT COSTS = MEASURE THE PAYMENTS MADE TO THE FIRM’S FACTORS OF PRODUCTION ● IMPLICIT COSTS = MEASURE THE FORGONE OPPORTUNITIES OF THE OWNERS OF THE BUSINESS ● ACCOUNTING PROFITS = DIFFERENCE...

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##### ISBN: 9781133172871

Power System Analysis and Design was written by Sieva Kozinsky and is associated to the ISBN: 9781133172871. The full step-by-step solution to problem: 12.24 from chapter: 12 was answered by Sieva Kozinsky, our top Engineering and Tech solution expert on 09/04/17, 10:24PM. This textbook survival guide was created for the textbook: Power System Analysis and Design, edition: 5. This full solution covers the following key subjects: apg, apl, compute, costs, determine. This expansive textbook survival guide covers 13 chapters, and 522 solutions. Since the solution to 12.24 from 12 chapter was answered, more than 272 students have viewed the full step-by-step answer. The answer to “Given two generating units with their respective variable operating costs as: C1 _ 0:01P2 G1 _ 2PG1 _ 100 \$=hr for 25 aPG1 a150 MW C2 _ 0:004P2 G2 _ 2:6PG2 _ 80 \$=hr for 30a PG2 a 200 MW Determine the economically optimum division of generation for 55 aPL a350 MW. In particular, for PL _ 282 MW, compute PG1 and PG2. Neglect transmission losses” is broken down into a number of easy to follow steps, and 66 words.

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