Assume that we have the following fuel-cost curves for two generating units: Ci(PGI) = 500 +46...
Consider two generating units with input-output curves Unit 1: coal-red steam unit: H1 (P1) = 500 + 8P1 Unit 2: gas turbine: H2 (P2) = 210 + 7P2 and operating limits Unit 1: 150< P1 < 500 MW Unit 2: 100 < P2 < 250 MW Suppose the fuel costs are Coal: $3.50/MBtu Gas: $2.50/MBtu and the load is L = P1 + P2 = 600 MW. Both units are on so that unit 1 must supply at least 150...