The Interaction of Economic Dispatch Fuel Pricing and the Optimal Procurement of Fuel
- 1 June 1983
- journal article
- Published by Institute of Electrical and Electronics Engineers (IEEE) in IEEE Transactions on Power Apparatus and Systems
- Vol. PAS-102 (6) , 1747-1754
- https://doi.org/10.1109/tpas.1983.317917
Abstract
This paper deals with the interaction of economic loading of the generating units and the optimal fuel procurement on an electric power system. A survey, reported upon in this paper, reveals that considerable disagreement exists on the setting of economic dispatch fuel prices. A mathematical proof is presented which shows that the incremental fuel price should be used. Sensitivities of the system fuel cost due to deviations from the optimal dispatch prices and a methodology for optimal procurement of fuel which also yields the values of the incremental fuel prices are presented.Keywords
This publication has 1 reference indexed in Scilit:
- Optimal power dispatchߞA comprehensive surveyIEEE Transactions on Power Apparatus and Systems, 1977