Question: 4 ( a ) Consider the two - area power system shown in Figure 1 . The marginal costs of systems ( A

4(a) Consider the two-area power system shown in Figure 1. 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 50 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 three-node system is depicted in Figure 2. Table 4 provides the capacity and marginal cost for all 3 generators. Table 5 provides the reactance and capacity of the three branches. Calculate the nodal marginal price for nodes 1, and 3.
Table 4
Table 5
4 ( a ) Consider the two - area power system

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