Chapter 5: Economic Operation of Power Systems

Section I:  Economic Operation Of Power System

In an early attempt at economic operation it was decided to supply power from the most efficient plant at light load conditions. As the load increased, the power was supplied by this most efficient plant till the point of maximum efficiency of this plant was reached. With further increase in load, the next most efficient plant would supply power till its maximum efficiency is reached. In this way the power would be supplied by the most efficient to the least efficient plant to reach the peak demand. Unfortunately however, this method failed to minimize the total cost of electricity generation. We must therefore search for alternative method which takes into account the total cost generation of all the units of a plant that is supplying a load.