The interaction of economic dispatch fuel pricing and the optimal procurement of fuel
Journal Article
·
· IEEE Trans. Power Appar. Syst.; (United States)
This paper deals with the interaction of economic loading of the generating units and the optimal fuel procurement on an electric power system. A survey, reported upon in this paper, reveals that considerable disagreement exists on the setting of economic dispatch fuel prices. A mathematical proof is presented which shows that the incremental fuel price should be used. Sensitivities of the system fuel cost due to deviations from the optimal dispatch prices and a methodology for optimal procurement of fuel which also yields the values of the incremental fuel prices are presented.
- Research Organization:
- The Univ. of Alabama, University, AL 35486
- OSTI ID:
- 5618809
- Journal Information:
- IEEE Trans. Power Appar. Syst.; (United States), Journal Name: IEEE Trans. Power Appar. Syst.; (United States) Vol. 102:6; ISSN IEPSA
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
29 ENERGY PLANNING, POLICY, AND ECONOMY
296000 -- Energy Planning & Policy-- Electric Power
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603* -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
ECONOMICS
ENERGY SYSTEMS
FUELS
LOAD MANAGEMENT
MANAGEMENT
POWER SYSTEMS
PRICES
PROCUREMENT
296000 -- Energy Planning & Policy-- Electric Power
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603* -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
ECONOMICS
ENERGY SYSTEMS
FUELS
LOAD MANAGEMENT
MANAGEMENT
POWER SYSTEMS
PRICES
PROCUREMENT