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HW5 part 2

The document is a homework assignment for EE490: Special Topics in Electrical Engineering, focusing on Power System Economics. It includes questions about load types, weekly load profiles, generation technologies, and economic dispatch problems related to various power plants. Additionally, it provides tables with fixed and variable costs, technical parameters, and requires analysis of operational challenges and maintenance timing.

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saiedali2005
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2 views

HW5 part 2

The document is a homework assignment for EE490: Special Topics in Electrical Engineering, focusing on Power System Economics. It includes questions about load types, weekly load profiles, generation technologies, and economic dispatch problems related to various power plants. Additionally, it provides tables with fixed and variable costs, technical parameters, and requires analysis of operational challenges and maintenance timing.

Uploaded by

saiedali2005
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Kuwait University

Electrical Engineering Department


EE490: Special Topics in Electrical Engineering
Power System Economics
Dr. Abeer Almaimouni
Eng. Ghada Shehada Homework 5

Question 1: List the different types of load in the system.

Question 2: Consider the weekly load profiles in the figure below, answer the following:

a. What causes the high load during the summer?


b. What is a good time to perform preventative maintenance for the generating units?
c. What are the periods of the day that are considered challenging and/ or costly from
An operational point of view? Explain.

Question 3: Consider the generation technologies below.


Gas plant, coal plant, solar panel, wind turbines, geothermal station, nuclear plant,
hydroelectric power plant, tidal power station.
Answer the following questions:
a. List the fossil fuel generating plants.
b. List the thermal plants.
c. List the renewable plants.

Question 4: Consider the tables below. Table 1 include information about the fixed cost of four
generating technologies, Table 2 contains information about the variable costs of the same units,
and Table 3 contains information about the technical parameters of these units. Please note that:
CCGT stands for Combined Cycle Gas Turbine,
OCGT stands for Open Cycle Gas Turbine,
O & M stands for Operation and Maintenance,
and WACC stands for the weighted average cost of capital.
Table 1: Fixed Costs of Thermal Power Plants
Unit Technology Capital Life WACC Fixed Annualized
Cost [years] [%] O&M Capital Cost
[k$/MW] Cost [k$/MW
[$/MW- year]
year]
1 Nuclear 5,333 40 7 88,750 489
2 Coal 3,167 40 10 35,970 360
3 CCGT 978 20 10 14,390 129
4 OCGT 974 40 10 6980 106

Variable Costs of Thermal Power Plants


Unit Technology Variable Heat rate Fuel price Variable
O&M [MBTU/MWh] [$/MBTU] Cost
Cost [$/MWh]
[$/MWh]
1 Nuclear 2.04 10.49 0.43 6.5
2 Coal 4.25 8.8 2.22 23.8
3 CCGT 3.43 7.05 7.81 58.5
4 OCGT 14.7 10.85 7.81 99.4

Unit Technology 𝑃𝑖𝑚𝑎𝑥 𝑃𝑖𝑚𝑖𝑛 Maximum Start-up Minimum Minimum


[GW] [GW] ramp costs down up time
[GW/h] [M$/start- time [hr]
up] [hr]
1 Nuclear 1 0.9 0.03 1 20 20
2 Coal 0.5 0.1 0.21 0.05 6 6
3 CCGT 0.4 0.1 0.32 0.02 3 3
4 OCGT 0.3 0.15 0.36 0.004 0 0

1. If the demand at 1 pm is 1.2 GW and assume generators 1,2, 3, 4 are online. Formulate
the Economics Dispatch (EC) problem. Consider all the relevant constraints. Make sure
to define all the variable and parameters in your problem. You do not need to solve it!

2. If the demand at 1 pm is 1.2 GW and generators 1 and 2 are online. What is the solution
to the Economic dispatch problem?
𝑷𝟏 =
𝑷𝟐 =

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