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Scale economies and reliability in the electric-power industry

Journal Article · · Energy J.; (United States)
OSTI ID:5732663

Most of the literature on scale economies ignores reserve margins, which reflect the system reliability impacts of different-sized generating plants. The authors suggest an analytical framework for determining optimal expansion policies that considers both scale and reliability. They demonstrate that, under one set of assumptions, an optimal policy requires periodic expansions through larger numbers of smaller plants to demonstrate scale-reliability trade-offs. 22 references, 2 tables.

Research Organization:
Univ. of New Mexico, Albuquerque
OSTI ID:
5732663
Journal Information:
Energy J.; (United States), Journal Name: Energy J.; (United States) Vol. 6:1; ISSN ENJOD
Country of Publication:
United States
Language:
English