Title :
Decentralized planning of hydroelectric power systems
Author :
Binato, S. ; Pereira, M.V.F.
Author_Institution :
CEPEL, Electr. Power Res. Center, Rio de Janeiro, Brazil
fDate :
2/1/1995 12:00:00 AM
Abstract :
This paper discusses the application of marginal cost concepts to the expansion planning of hydroelectric systems. It is shown that the remuneration of hydroelectric plants should not be based on their energy production, as this leads to excessive revenues for the plant owner, and distorts the dimensioning of upstream reservoirs. In order to produce the adequate economic signals, it is necessary to separate the contributions of turbines and reservoirs. Examples from the Brazilian power system are presented and discussed
Keywords :
costing; economics; hydroelectric power stations; power system planning; Brazilian power system; decentralized planning; economic signals; energy production; hydroelectric power systems; marginal cost concepts; turbines; upstream reservoirs dimensioning; Costs; Investments; Power generation economics; Power system economics; Power system planning; Power systems; Privatization; Production; Reservoirs; US Government;
Journal_Title :
Power Systems, IEEE Transactions on
