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Production Costing and Reliability Assessment of Electrical Power Generation Systems under Supply and Demand Uncertainty

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Discrete and System Models

Part of the book series: Modules in Applied Mathematics ((MAM))

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Abstract

The demand for power has constantly increased over the years. To meet this increasing demand, vast amounts of capital are needed to build generation facilities (power plants) as well as transmission and distribution networks.The amount of investment to meet future demand is expected to be even higher because of the introduction of newer and more expensive technology, higher degrees of automation, and a tendency to switch to larger-sized units.The capacity expansion problem in the power field is basically composed of the following major aspects.

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References

  1. T. W. Berrie, “The economics of system planning in bulk electricity supply,” in Public Enterprise, R. Turvey, Ed. Penguin Modem Economics, 1968.

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  2. R. Billinton, Power System Reliability Evaluation. New York: Gordon and Breach, 1970.

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  3. O. I. Elgerd, Electric Energy Systems Theory: An Introduction. New York: McGraw-Hill, 1971.

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  4. J. Vardi, J. Zahavi, and B. Avi-Itzhak, “The combined load duration curve and its derivation,” IEEE Trans. Power Apparatus and Systems, vol. PAS-96, no. 3, pp. 978–983, June 1977.

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  5. J. Zahavi, J. Vardi, and B. Avi-Itzhak, “Operating cost calculation of an electric power generating system under incremental loading procedure,” IEEE Trans.Power Apparatus and Systems, vol. PAS-96, no. I, pp. 285–292, Jan. 1977.

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Author information

Authors and Affiliations

  1. Faculty of Management, Tel-Aviv University, Tel-Aviv, Israel

    Jacob Zahavi

Authors
  1. Jacob Zahavi
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Editor information

Editors and Affiliations

  1. School of Operations Research, Cornell University, Ithaca, NY, 14853, USA

    William F. Lucas

  2. Department of Mathematics, Rutgers University, New Brunswick, NJ, 08903, USA

    Fred S. Roberts

  3. Department of Mathematical Sciences, Rice University, Houston, TX, 77001, USA

    Robert M. Thrall

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© 1983 Springer Science+Business Media New York

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Zahavi, J. (1983). Production Costing and Reliability Assessment of Electrical Power Generation Systems under Supply and Demand Uncertainty. In: Lucas, W.F., Roberts, F.S., Thrall, R.M. (eds) Discrete and System Models. Modules in Applied Mathematics. Springer, New York, NY. https://doi.org/10.1007/978-1-4612-5443-0_14

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  • DOI: https://doi.org/10.1007/978-1-4612-5443-0_14

  • Publisher Name: Springer, New York, NY

  • Print ISBN: 978-1-4612-5445-4

  • Online ISBN: 978-1-4612-5443-0

  • eBook Packages: Springer Book Archive

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