Economic and Engineering Factors Affecting Generating Unit Size
- 1 October 1982
- journal article
- Published by Institute of Electrical and Electronics Engineers (IEEE) in IEEE Transactions on Power Apparatus and Systems
- Vol. PAS-101 (10) , 3907-3918
- https://doi.org/10.1109/tpas.1982.317042
Abstract
In this paper we report the results of an extensive study on unit size for baseload coal-fired generating units conducted at the Electric Power Research Institute. The effect of economic and engineering factors which influence the determination of optimal unit size for generation expansion is studied. A nonlinear programming model is developed to study the interaction between unit characteristics and system characteristics. Numerical examples from this and other models are presented to highlight the influence of various factors. In addition, a computer simulation model of generation expansion is used to study the dynamic effect of various factors on unit size decisions.Keywords
This publication has 14 references indexed in Scilit:
- Economic and Technical Determinants of Power System DevelopmentIEEE Transactions on Power Apparatus and Systems, 1980
- A New Look at Small Power Plants: Is Smaller Better?Environment: Science and Policy for Sustainable Development, 1980
- A Note Concerning the Effect of Reserve Margins and Regulatory Policy on New Turbogenerator SizeThe Bell Journal of Economics, 1977
- Investment Cost Minimization for Communications Satellite Capacity: Refinement and Application of the Chenery-Manne-Srinivasan ModelThe Bell Journal of Economics, 1975
- Alternative Investment Models for Firms in the Electric Utilities IndustryThe Bell Journal of Economics and Management Science, 1974
- The Determinants of Industrial Plant Sizes in Six NationsThe Review of Economics and Statistics, 1973
- Effective Load Carrying Capability of Generating UnitsIEEE Transactions on Power Apparatus and Systems, 1966
- The Production Function and Technical Change in the Steam-Power IndustryJournal of Political Economy, 1964
- Technological Progress and the Production Function in the United States Steam Power IndustryThe Review of Economics and Statistics, 1962
- Capacity Expansion and Probabilistic GrowthEconometrica, 1961