Question: 4 ( a ) Consider the two - area power system shown in Figure 1 . The marginal costs of systems ( A
a Consider the twoarea power system shown in Figure The marginal costs of systems A and B are given by the following expressions.
i Calculate the marginal costs of the two areas when they are operated in an isolated market and as a single market.
ii Calculate the marginal costs of the two areas when the capacity of the interconnection is MW
iii Use a diagram to demonstrate the supply curves of the two areas, their generation output, demand, and the energy flow along the interconnection in ii
b A threenode system is depicted in Figure Table provides the capacity and marginal cost for all generators. Table provides the reactance and capacity of the three branches. Calculate the nodal marginal price for nodes and
Table
Table
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