Isolated and Integrated Operation
The isolated and integrated operations are discussed below:
Isolated Operation
In isolated operation , each power plant retains its unique identity and serves the load demand of its designated area independently , without centralized control . The absence of central control necessitates sufficient reserve capacity in each system to ensure reliable electricity supply .
This requirement for extra capacity elevates the initial cost of establishing the power plants .The need for redundant capacity arises from the lack of of interconnection between systems , mitigating the risk of blackouts or disruptions .The efficiency of isolated operation is less compared to integrated operation.
The stability limit of the isolated operation is less . But the capital cost and overall cost per unit generation are comparatively less .Isolated system cannot provide a continuous power supply .In isolated system , we need to take care of planning and investment to balance reliability with cost effectiveness in supplying electricity to isolated regions or areas without access to a centralized grid network .
Integrated Operation
In integrated operation , entire system is one and the identity of individual plant is lost .This integrated operation overcomes the challenges faced by isolated operation .It features a central office for maintenance enhancing operational oversight .
This system boosts supply reliability and diminishes the need for excessive reserve capacity at each station .Unlike , isolated operation , the integrated system functions collectively , optimizing resource utilization and minimizing redundancies . Through interconnection , power stations benefit from shared resources and coordinated management , ensuring consistent and dependable electricity supply across the network .
This integrated operation not only improves reliability but also streamlines operation offering a more sustainable and cost effective solution for meeting energy demands on a broader scale . It reduces capital cost and overall capital cost and overall cost per unit energy generated .
Economics of Power Generation
Here in this article, we will discuss the economics of power generation, terminologies used in the economics of power generation, isolated and integrated operations, and their differences , merits of integrated operation, classification of cost of electrical energy, tariff and its types and power generation charges briefly.
Table of Content
- What is the Economics of the Power System?
- Terminologies
Isolated and Integrated Operation- Differences Between Isolated and Integrated Operation
- Advantages
- Cost of Electrical Energy
- Tariff – Its Types
- Solved Example
Conclusion
Frequently Asked Questions