An Approach to the Economic Distribution of Power

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2014-01-15

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University of Hawaii at Manoa

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This thesis is concerned with the economic distribution of power in a network. In general, a network consists of several interconnected power stations supplying electrical power to several consumers. The total power requirement can be distributed in many different ways among the operating power stations. An obvious index of efficiency of such a system is the total cost of fuel consumed by the power station to meet their quotas of power. The value of this index will depend on the distribution of power among the stations and their efficiencies. The problea is to minimize this cost while satisfying the consumer's power need. The model takes both the cost of fuel and transmission-line losses into acĀ­ count with the capacities of the power stations and the power demand on the system as the constraints.

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34 pages

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