Reliability and Rationing Cost in a Power System
Published By: CDS on eSS | Published Date: March, 13 , 2002An attempt is made to analyse the implications of the relationship between reliability and rationing cost involved in a power supply system in the framework of the standard inventory analysis, instead of the conventional marginalist approach of welfare economics. The study is substantiated by fitting a normal distribution to the daily internal maximum demand of the Kerala power system during 1995-96, and also by estimating, based on the techno-economic parameters of different types of power plants, the rationing costs implied in different reliability target criteria [WP No. 325].
Author(s): N. Vijayamohanan Pillai | Posted on: Jun 13, 2007 | Views(2356) | Download (623)