In: Economics
Formulate an Economic Dispatch Problem with cost function: Fi=fi (PG i) i=1, 2, 3, LEN Total cost o F = Ź fi . N→ Total number of units on ED. The system constraints are: N PGi = PD+PL+ PL Po System load (independent of Variable "Pai") PL - Losses in the network which are a function of the independent variable 'PGi' PLS A constant loss of This is a constant system-wide loss. This loss is NOT a function of the independent variable "Pai Formulate a Lagrangian Solution of the problem. Show all steps for calculating the Lagrangian number (delivered incremental cost) based on your problem formulation. Again, show all steps including the Lagrangian solution technique used. Specify "Penalty factor in terms of DPL "Incremental transmission loss" factor