2 2 4. Consider the tables below. Table includes 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 mits. 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 Cost WACC Fixed O&M Cost Amazed KS/MW years) 1961 IS/MW year Capital Cost [KS/MW year! 1 Nuclear 5.133 40 7 3X750 2 Coal 3.167 40 10 35.970 360 CCGT 978 20 10 14.90 4 974 40 10 6980 106 Variable Costs of Thermal Power Plants Unit Technology Variable O&M Cost Heatrale Fuel price Variable Cost IS MWM IMETUMWIS MBTUI SMWW Nuclear 2.04 10:49 0.45 2 Coal 4.25 88 2.22 3 CCGT 7.05 7.81 58.5 4 147 1035 7.81 Minimum up time Technical parameters of these units. Unit Technology Pax Pimin Maximum Start-up costs Minimum [GW] (GW) ang MS start-up] down time (GWh) 1 Nuclear 0.9 0.03 1 20 Coal 0.5 0.1 0.21 0.05 6 3 COGT 04 0.1 0.32 3 4 COUT 0.15 0.36 0.004 0 20 6 3 0 Answer the following questions a. If the demand at 1pm is 1.2 GW. Formulate the Economics Dispatch (EC) problem. Consider all the relevant constraints. Make sure to define all Variables and parameters in your problem b. If the demand at pm is 1.2 GW. What is the solution to the Economie dispatch problem? 2 2 4. Consider the tables below. Table includes 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 mits. 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 Cost WACC Fixed O&M Cost Amazed KS/MW years) 1961 IS/MW year Capital Cost [KS/MW year! 1 Nuclear 5.133 40 7 3X750 2 Coal 3.167 40 10 35.970 360 CCGT 978 20 10 14.90 4 974 40 10 6980 106 Variable Costs of Thermal Power Plants Unit Technology Variable O&M Cost Heatrale Fuel price Variable Cost IS MWM IMETUMWIS MBTUI SMWW Nuclear 2.04 10:49 0.45 2 Coal 4.25 88 2.22 3 CCGT 7.05 7.81 58.5 4 147 1035 7.81 Minimum up time Technical parameters of these units. Unit Technology Pax Pimin Maximum Start-up costs Minimum [GW] (GW) ang MS start-up] down time (GWh) 1 Nuclear 0.9 0.03 1 20 Coal 0.5 0.1 0.21 0.05 6 3 COGT 04 0.1 0.32 3 4 COUT 0.15 0.36 0.004 0 20 6 3 0 Answer the following questions a. If the demand at 1pm is 1.2 GW. Formulate the Economics Dispatch (EC) problem. Consider all the relevant constraints. Make sure to define all Variables and parameters in your problem b. If the demand at pm is 1.2 GW. What is the solution to the Economie dispatch