Long-term, mid-term, and short-term fuel scheduling. Volume 3. Economic dispatch fuel price strategies. Final report

Technical Report · Sat Jan 01 04:00:00 EST 1983

DOI:https://doi.org/10.2172/6466764· OSTI ID:6466764

Gibson, C. A.

This document is one of a set of three volumes constituting the final report for RP1048-6. The project objective has been to devise practical methods by which utilities might reduce operating costs through a coordinated approach to fuels management and generation scheduling and control. Volume 3 of this report deals with methods of determining the value of fuel prices that should be used in an equal-incremental (equal-lambda) economic dispatch of generation in an electric power system. It is specifically concerned with the case in which a number of different fuel supplies having different prices and different constraints on procurement are available to each generating unit during the optimization period. Results of an industry survey, a mathematical analysis yielding the optimal value of dispatch fuel price for each unit, sensitivities of the system fuel cost to deviations from the optimal dispatch fuel prices, and a methodology for evaluating the values of dispatch fuel prices are presented.

• Research Organization: Boeing Computer Services Co., Tukwila, WA (USA). Energy Technology Applications Div.
• OSTI ID: 6466764
• Report Number(s): EPRI-EL-2630-Vol.3; ON: DE83901582
• Country of Publication: United States
• Language: English

Related Subjects

20 FOSSIL-FUELED POWER PLANTS
200108 -- Fossil-Fueled Power Plants-- Fuels-- (1980-)
29 ENERGY PLANNING, POLICY, AND ECONOMY
296001* -- Energy Planning & Policy-- Electric Power Generation-- (-1989)
BOILER FUELS
COMPUTERIZED SIMULATION
COST
DECISION MAKING
ELECTRIC UTILITIES
FOSSIL-FUEL POWER PLANTS
FUEL MANAGEMENT
FUELS
OPERATING COST
OPTIMIZATION
PLANNING
POWER PLANTS
PRICES
PUBLIC UTILITIES
SIMULATION
THERMAL POWER PLANTS