Solved Example
Determine the demand factor and the load factor of a generating station , which has a connected load of 100MW and a maximum demand of 50MW , the units generated being 80 * 10^ 6 / annum .
Connected load is 100MW
Maximum demand is 50MW
units generated being 80 * 10^ 6 / annum
Demand factor = Maximum demand / connected load
= 50/100
=0.5
Average demand = units generated per annum / hours in a year
= 80 * 10^ 6 / 8760
=9132.4KW
Load factor = Average demand / maximum demand
= 9132.4 / 50 * 10^3
=18.26 %
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