The incremental cost characteristic of two plant systems are IC1=1.0P1+85Rs/MWhr IC2=1.2P2+72Rs/MWhr
where P1 and P2 are in MW. The loss coefficient matrix in MW is (0.012−0.001−0.0010.04] the optimum scheduling for λ=150Rs/MWhr will be
Given, IC1=1.0P1+85Rs/MWhr
IC2=1.2P2+72Rs/MWhr
(B11B12B21B22]=(0.012−0.001−0.0010.04]
Total transmission loss,
PL=B11P21+2B12P1P2+B22P22
∂PL∂P1=2B11P1+2B12P2=0.024P1−0.002P2
∂PL∂P2=2B12P1+2B22P2=−0.002P1+0.08P2
The penalty factor for the plant-1
L1=11−∂PL∂P1=11−(0.024P1−0.002P2)
The penalty factor for the plant-2
L2=11−∂PL∂P2=11−(−0.002P1+0.08P2)
We know, IC1L1=IC2L2=λ
P1+851−0.024P1+0.002P2=1.2P2+721+0.002P1−0.08P2=150
Using above relation,
4.6P1−0.3P2=65
−0.3P1+13.2P2=78
P1=14.537MW
P2=6.239MW