Title :
A Reliability Treatment Applied to an Analysis of Optimal Generation Plant Size
Author :
Rutz, William L. ; Mirchandani, Pitu B. ; Wicks, Frank E. ; Becker, Martin
Author_Institution :
Rensselaer Polytechnic Institute
Abstract :
This paper describes the methodology and initial application of techniques which directly assess optimal generating plant size within the context of power system planning. The contemporary issue motivating this work is the question of optimal coal plant size, in which the economy of scale of large units is potentially offset by the higher per-kilowatt reliability contribution of smaller plants.
Keywords :
Economic forecasting; Economies of scale; Linear programming; Load forecasting; Power generation; Power generation economics; Power markets; Power system economics; Power system planning; Power system reliability;
Journal_Title :
Power Apparatus and Systems, IEEE Transactions on
DOI :
10.1109/TPAS.1983.317776