3. Two adjacent regions decide to interchange power with each other to reduce their costs. The common incremental cost and total generation cost of units in each region, before and during power exchange, presented in table below. Common (IC) Common (IC) for system 1 for system 2 8.8 before interchange 8.1 during interchange 8.6 8.6 Total cost in system 1 10231 12776 Total cost in system 2 9452 6055 (a) Determine buyer and seller regions. (b) Calculate the profit amount obtained from power interchange. and each region's share. (c) Calculate total payment from buyer to seller (including energy cost plus seller's profit).

Power System Analysis and Design (MindTap Course List)
6th Edition
ISBN:9781305632134
Author:J. Duncan Glover, Thomas Overbye, Mulukutla S. Sarma
Publisher:J. Duncan Glover, Thomas Overbye, Mulukutla S. Sarma
Chapter8: Symmetrical Components
Section: Chapter Questions
Problem 8.10P
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3. Two adjacent regions decide to interchange power with each
other to reduce their costs. The common incremental cost and
total generation cost of units in each region, before and
during
power exchange, presented in table below.
Common (IC) | Common (IC)
for system 1 for system 2
8.8
8.6
before interchange 8.1
during interchange 8.6
and each region's share.
(c) Calculate total
(a) Determine buyer and seller regions.
(b) Calculate the profit amount obtained from power interchange.
Total cost
in system 1
10231
12776
Total cost
in system 2
9452
6055
payment
cost plus seller's profit).
from buyer to seller (including energy
Transcribed Image Text:3. Two adjacent regions decide to interchange power with each other to reduce their costs. The common incremental cost and total generation cost of units in each region, before and during power exchange, presented in table below. Common (IC) | Common (IC) for system 1 for system 2 8.8 8.6 before interchange 8.1 during interchange 8.6 and each region's share. (c) Calculate total (a) Determine buyer and seller regions. (b) Calculate the profit amount obtained from power interchange. Total cost in system 1 10231 12776 Total cost in system 2 9452 6055 payment cost plus seller's profit). from buyer to seller (including energy
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