Economic Operation of Power Systems
Economic Operation of Power Systems
Economic Operation of Power Systems
OF POWER SYSTEMS
i. Economic Dispatch of Generation
ii. Unit Commitment
At the end of this topic, the students should be able
to:
Apply various optimization techniques to solve
economic load dispatch problems
Obtain solution to unit commitment problems
TOPIC-LEARNING OUTCOMES
The economic operation of power systems is one important
problem in the area of planning and operation of
interconnected power systems.
This means that every step in planning, scheduling and operation
of the system, unit-wise, plant-wise and interconnection-wise must
be optimal, leading to absolute economy.
Proper operation of the power system is very important for a
power system to return a profit on the capital invested.
INTRODUCTION
Twothings put pressure on power companies to
achieve maximum possible efficiency:
Rates fixed by regulatory bodies
Importance of conservation of fuel
INTRODUCTION
Dispatch of power plants is the process in which the
entity operating the power grid must continuously
adjust the output of its power plants to meet electricity
demand.
LOAD DISPATCH
There are two stages to the dispatch process, namely:
First Stage: Unit Commitment –the utility or power grid
operator makes decisions about which of its power plants to
turn on or off in anticipation of needing to meet electricity
demand.
Second Stage: Dispatch–the plants that are committed are
selected to run at a given level to meet total electricity
demand. The dispatch decision is driven primarily by
economic factors.
LOAD DISPATCH
Economic Dispatch is the short-term determination of
the optimal output of a number of power generation
facilities, to meet the system load, at the lowest
possible cost, subject to transmission and operational
constraints.
Theobjective of the economic dispatch is to find the
real and reactive power scheduling of each power
plant in such a way as to minimize the operating cost.
CHARACTERISTICS OF THERMAL
PLANTS
Thermal plant characteristic curves assume
significance in analysing the economics of operation
of thermal plants.
CHARACTERISTICS OF THERMAL
PLANTS
The
following can be used to describe the
characteristics of thermal plants.
Input-Output Curve
Heat-rate Curve
Incremental Heat Rate
Fuel Cost Curve
Incremental Fuel Cost Curve
CHARACTERISTICS OF THERMAL
PLANTS
Input-Output Characteristics
The input-output characteristics for any thermal
unit/s that comprise the plant can be obtained
from the operating data.
It
is the plot of the input BTU per hour versus the
power output of the plant in MW.
CHARACTERISTICS OF THERMAL
PLANTS
Input-Output Characteristics
Itshows the amount of heat
input energy required per
hour (BTU/hr) as a function
of the generator’s output in
MW.
CHARACTERISTICS OF THERMAL
PLANTS
Heat-rate Characteristics
Theheat-rate is the ratio of fuel input in BTU to
energy output in MWh
The heat-rate indicates the amount of heat input
energy per MWh of generation required to
produce MW of power. The lower this number, the
less input energy is required to produce each of
MWh of electrical energy.
CHARACTERISTICS OF THERMAL
PLANTS
Heat-rate Characteristics
The heat-rate curve plots the
heat energy required per
MWh of generated electrical
output for the generator as a
function of the generator’s
MW output
CHARACTERISTICS OF THERMAL
PLANTS
Heat-rate Characteristics
The heat-rate curve is the
input-output curve divided by
MW.
The heat-rate curve indicates
the efficiency of the unit over
its operating range.
CHARACTERISTICS OF THERMAL
PLANTS
Heat-rate Characteristics
Generally, units are least efficient
at the minimum and maximum
portions of their MW output
capability and most efficient
somewhere in the middle of their
operating range.
Best heat-rate for most efficient
coal unit is 9.0 BTU/MWh.
CHARACTERISTICS OF THERMAL
PLANTS
Incremental Heat-rate Characteristics
It
is the slope of the input-output curve at any
point.
Theincremental heat rate is equal to the small
change in input divided by the corresponding
change in input.
CHARACTERISTICS OF THERMAL
PLANTS
Incremental Heat-rate
Characteristics
Itcan be plotted by
calculating the slope of the
input-output characteristic at
every point.
CHARACTERISTICS OF THERMAL
PLANTS
Incremental Heat-rate
Characteristics
Ittells about the thermal
efficacy of the unit under
consideration that can be
used as comparison with other
units in performance.
CHARACTERISTICS OF THERMAL
PLANTS
Fuel-Cost Characteristics
The fuel-cost curve is the input-
output curve multiplied by the
fuel cost.
Itspecifies the cost of fuel
used per hour by the
generating unit as a function
of the unit’s MW output.
CHARACTERISTICS OF THERMAL
PLANTS
Fuel-Cost Characteristics
Inall practical cases, the fuel
cost of a generator unit can
be expressed as a quadratic
function of real power
generation.
CHARACTERISTICS OF THERMAL
PLANTS
Fuel-Cost Characteristics
The
total cost of operating a system with n
generating units can be represented by
CHARACTERISTICS OF THERMAL
PLANTS
Incremental Fuel-Cost
Characteristics
The incremental fuel-cost curve is
obtained by taking the derivative
of the fuel-cost curve.
It indicates the marginal cost of
the unit: the cost of producing
one more MW at the unit
CHARACTERISTICS OF THERMAL
PLANTS
Incremental Fuel-Cost
Characteristics
Itis a measure of how costly it
will be to produce the next
increment of power.
CHARACTERISTICS OF THERMAL
PLANTS
Thesimplest economic dispatch problem is the case
when transmission line losses are neglected.
System configuration and line impedances are not
considered.
Inessence, the model assumes that the system has
only one bus with all generation and loads are
connected to it.
Where: P1, P2, and P3 are in MW. The total load is 800 MW. Neglecting
line losses and generator limits, find the optimal dispatch and the total
cost in $/hr.
The total load is 975 MW. Find the optimal dispatch and the total cost in
$/hr with the following generator limits.