Question: onsider the single - node economic dispatch problem for a fixed demand pd: min p X g in G cgpg ( 1 ) s .

onsider the single-node economic dispatch problem for a fixed demand pd:
min
p
X
g in G
cgpg (1)
s.t. X
g in G
pg pd (2)
pg pg,g in G (3)
pg pg,g in G (4)
(5)
For this problem you are welcome to use an LP solver to help you (this is not necessary).
(a) Give an example of a single-node instance with at least 2 generators where a
generator can benefit from misreporting cg (while truthfully reporting pg) when
prices are set according to the single-node economic dispatch problem.
(b) Give an example of a single-node instance with at least 2 generators where a
generator can benefit from misreporting pg (while truthfully reporting cg) when
prices are set according to the single-node economic dispatch problem.

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