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.
Keywords
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
References
T. W. Berrie, “The economics of system planning in bulk electricity supply,” in Public Enterprise, R. Turvey, Ed. Penguin Modem Economics, 1968.
R. Billinton, Power System Reliability Evaluation. New York: Gordon and Breach, 1970.
O. I. Elgerd, Electric Energy Systems Theory: An Introduction. New York: McGraw-Hill, 1971.
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.
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.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1983 Springer Science+Business Media New York
About this chapter
Cite this chapter
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
Download citation
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