Economics of Power Generation: Mr. Nitin S. Patil
Economics of Power Generation: Mr. Nitin S. Patil
Economics of Power Generation: Mr. Nitin S. Patil
Patil
Electrical Engineering Department
Sanjay Ghodawat Polytechnic, Atigre
Chapter No. 6
Hours: 08 Marks = 12
INDEX
Sr. Page
Particulars
No. No.
1 Definition of Economics of Power Generation 1
2 Variable Load on Power Station 1
Terms commonly used in system operation:
3 connected load, firm power, cold reserve, hot 1-4
reserve, spinning reserve
Curves used in system operation such as Load-
curve, load duration curve, integrated duration
4 5-11
curve. (Simple numerical based on plotting
above curves
Factors affecting the cost of Generation:
Average demand, Maximum demand, demand
factor, plant capacity factor, plant use factor,
5 12-19
diversity factor, load factor and plant load
factor (Simple numerical based on above)
Mr. N.S.Patil 2
SGP-Atigre Electrical Engg.Dept.
The art of determining the per unit (i.e. one kWh) cost of production of
Electrical Energy is known as Economics of Power Generation.
1. Connected Load:
Definition: The Sum of Continuous rating of all the equipments (bulbs, tubes,
CFLs, Fans, Electrical Motors, Socket Outlets, and Power Plugs etc) connected to
Electrical Supply System is known as Connected Load.
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Mr. N.S.Patil 3
SGP-Atigre Electrical Engg.Dept.
Step-I: Assume Suitable Wattage for the above mentioned electrical accessories.
Step-III: (By using definition of Connected Load) Add all connected load:
2. Firm Factor:
For Example: In Case of hydro power plant with reservoir, the firm power is that
power which a hydro electric plant supplies for 95% of the time. However, it is not
Mr. N.S.Patil 4
SGP-Atigre Electrical Engg.Dept.
necessary that firm power should be produces throughout the year & available
under emergency conditions.
3. Cold Reserve:
4. Hot Reserve:
5. Spinning Reserve:
Mr. N.S.Patil 5
SGP-Atigre Electrical Engg.Dept.
1. Load Curve [ ]
Definition: The Load Curve is a Graph, which represents load on the generation
station (the load is in kW/MW) recorded at the interval of half hour or hour (time)
against the time in chronological order.
Or
The Load Curve is defined as the curve which is drawn between loads versus
time in sequential order. We have to draw the load curve on daily basis data,
weekly, monthly basis data.
Or
The curves showing the variation of load on the power station with respect
to time is known as load Curves.
Mr. N.S.Patil 6
SGP-Atigre Electrical Engg.Dept.
The daily load curve shows the variation of load on the power station during
different hours of the day.
The area under the daily load curve gives the number of unit generated in the
day. Unit generated/day= Area (in kWh) under daily load curve.
The highest point on the daily load curve represents the maximum demand
on the station on that day.
The area under the daily load curve divided by the total number of hours
gives the average load on the station in that day.
Average Load =
The ratio of the area under the load curve to the total area of the rectangle in
which it is contained gives the load factor.
Load Factor = =
Mr. N.S.Patil 7
SGP-Atigre Electrical Engg.Dept.
The load curves helps in selecting the size & number of generating units.
The load curve helps in preparing the operation schedule of the station.
The curve which gives idea of load of a whole day with respect to time (24
Hours or 12 Hours of the day) is known as daily load curve.
The monthly load curve can be obtained from the daily load curve of the
month. For this purpose, average values of power over a month at different
times of the day are calculated.
The yearly load curve is obtained by considering the monthly load curve of
that particular year. The yearly load curve is generally used to determine
annual load factor.
Maximum Demand)
Average
Demand)
,
Mr. N.S.Patil 8
SGP-Atigre Electrical Engg.Dept.
The load duration curve is obtained from the same data as load curve but the
ordinate representing the maximum load is represented to the left and the
decreasing loads are represented to the right in the descending order.
From the above figure (i) shows the daily load curve, the daily load duration
curve can be readily obtained from it.
Mr. N.S.Patil 9
SGP-Atigre Electrical Engg.Dept.
From fig (ii), it is clear from the daily load duration curve that the
magnitudes of load elements are in descending order. The magnitudes are 20MW
for 8 Hours, 15MW for 4 hours & remaining 5 MW from 12 hours.
MW , MW , MW
The load duration curve readily shows the number of hours during which the
given load has prevailed.
The area under daily load duration curve (in kWh) will give the units
generated on that day.
The load duration curve, which helps to give information about annual load
duration curve.
. .
Mr. N.S.Patil 10
SGP-Atigre Electrical Engg.Dept.
Definition: The curve which represents the total number of units generated for the
given demand is called as Integrated Load Curve.
The above figure shows the Integrated Duration Curve, its X-axis represents units
generated in kWh & Y-axis represents Demand of load in kW.
Such type of curve can be drawn with the help of Load Duration Curve.
Mr. N.S.Patil 11
SGP-Atigre Electrical Engg.Dept.
Consider Fig. B, let the demand of load can be represented at point A & it
corresponds to line AG (Refer Fig. A) on the load duration curve.
The number of unit generated (P1) corresponding to this load demand are
represented by area OAGF, it corresponds to point P1 on integrated duration curve.
Consider Fig B, let the demand of load can be represented at point B & it
corresponds to line BH (Refer Fig. A) on the load duration curve.
The number of unit generated (P2) corresponding to this load demand are
represented by area OAHF, it corresponds to point P2 on integrated duration curve.
Similarly, all the above mentioned sequence will help to draw Integrated Duration
Curve.
B A AG
A P1 OAGF
. P2 , P3 Points
Mr. N.S.Patil 12
SGP-Atigre Electrical Engg.Dept.
Definition: The average of loads occurring on the power station in a given period (day or
month or year) is known as average load or average demand.
Mr. N.S.Patil 13
SGP-Atigre Electrical Engg.Dept.
Definition: It is the greatest demand of load on the Power Station during a giving period
is known as Maximum Demand.[
]
Or
The maximum demand of the power station is equal to maximum load on the station
considered in a given period of time.[
Maximum Demand ]
We know that, the load on every power station in not constant. The load varies
from time to time. The variation of load on the power station is depends upon the demand
of load with respect to time.
Consider, the above figure, the figure X-axis Represents Time in Hours & Y-axis
represents Load in MW. In this figure, at every two hours give information about how
much load generated. Out of the 6MW load generated during evening period. So that
maximum Demand is 6MW.
The Knowledge of Maximum Demand is very important as it helps in
determining the installed capacity of the power station.
X-Axis Y-Axis
MW
Maximum Demand MW
Mr. N.S.Patil 14
SGP-Atigre Electrical Engg.Dept.
3. Demand Factor:
Definition: It is the Ratio of Maximum Demand on the Power Station to its Connected
Load.
Demand Factor =
The value of Demand factor is usually less than 1. It is excepted because maximum
demand on the power station generally less than the connected load.
The knowledge of Demand Factor is vital in determining the capacity of the plant
equipments.
Mr. N.S.Patil 15
SGP-Atigre Electrical Engg.Dept.
Definition: The Plant Capacity Factor is the ratio of average demand on the Power Station
divided by the maximum installed capacity of the power station.
Or
It is the ration of actual energy produced to the maximum possible energy that could have
been produced during a given period. [
].
The plant capacity factor is an indication of the reserve capacity of the plant .
Mr. N.S.Patil 16
SGP-Atigre Electrical Engg.Dept.
Definition: It is the ratio of kWh generated to the product of plant capacity and
the number of hours for which the plant was in operation.
kWh X
Or
Plant use factor indicated how much is the plant capacity utilized, but it does not
indicate the time for which the plant remained idle.
Mr. N.S.Patil 17
SGP-Atigre Electrical Engg.Dept.
6. Diversity Factor:
For the above mentioned formulae the value of diversity factor is more than 1
Or
Diversity Factor =
For the above mentioned formulae the value of diversity factor is less than 1
.
Mr. N.S.Patil 18
SGP-Atigre Electrical Engg.Dept.
7. Load Factor:
Or
The Ratio of Average Load to the Maximum Demand during a given period is
known as load factor.
Load Factor =
Load Factor =
The load factor may be daily, monthly or yearly load factor, if the time period
considered is a day or month or year. The value of load factor is always less than 1
, ,
Mr. N.S.Patil 19
SGP-Atigre Electrical Engg.Dept.
Definition: The Plant Load Factor is defined as the ration of output of power
station in kWh to the rated capacity of the plant.
.
The plant load factor indicated how best the plant capacity has been utilized but it
does not indicate the time for which the plant remained idle.
It is often required to find the kWh generated per annum form maximum demand
& load factor.
Load Factor =
Mr. N.S.Patil 20
SGP-Atigre Electrical Engg.Dept.
6. Solved Examples:
1. The maximum demand on power station is 100 MW. If the annual load
factor is 40%, calculate the total energy generated in a year.
Given Data:
Maximum Demand = 100MW = 100 x 103 kW
Annual Load Factor = 40% = = 0.4
Total no. of days in year = 365
Total no. of hours in year = 365 X 24 hours of the day = 8760
To Find:
Total Energy Generated in a Year.
Formulae Used:
Energy generated in a year or Unit Generated/Annum = Maximum Demand
(in kW) X Load Factor X Number of hours in a Year
Solution:
Substitute all the values in given data to the above mentioned formula.
= (100 x 103) x 0.4 x 8760
Answer:
Energy generated in a year = 3504 x 105 kWh
[ MW
x ^ kW
Mr. N.S.Patil 21
SGP-Atigre Electrical Engg.Dept.
Load Factor
The demand factor of generating station.
Formula Used:
Load Factor =
Demand Factor =
Solution:
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Example for Practice: A generating station has a connected load 43MW & it
supplies maximum demand 20 MW. The numbers of units generated in a year are
61.5 X 106 Calculate load & demand factor of generating station. [
MW KW
]
Mr. N.S.Patil 22
SGP-Atigre Electrical Engg.Dept.
1. Maximum Demand
2. Connected Load of each type of Consumer.
Given Data:
System
Domestic Commercial Industrial
Sr.No. Particulars Diversity
Load Load Load
Factor
Maximum
1 20000kW 20000 kW 50000 kW
Demand
Diversity
2 1.5 1.4 1.2 1.6
Factor
Demand
3 0.7 0.8 0.9
Factor
To Find:
Maximum Demand
Connected load of Domestic, Commercial & Industrial Load.
Formula Used:
Connected Load =
Solution:
Mr. N.S.Patil 23
SGP-Atigre Electrical Engg.Dept.
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If the Overall System Diversity Factor is 1.35, determine the maximum demand &
connected load of each type.
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,
Mr. N.S.Patil 24
SGP-Atigre Electrical Engg.Dept.
The Plant is shut down for repair or maintenance work for a period of 30 days
in a year. Calculate the annual load factor of the plant.
Given Data:
To Find:
Formula Used:
Energy generated/Year = Maximum Demand x load Factor x No. of hours plant works
Solution:
Mr. N.S.Patil 25
SGP-Atigre Electrical Engg.Dept.
Total Energy Supplied in Year = 1260 X 106 x 335 Days of Plant Works
Total Energy Supplied in Year = 1260 x 106 x (335 x 24 Hour) = 422100 x 103 kWh
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Example for Practice: A 100 MW Power Station delivers 100 MW for 2 Hours,
50MW for 6 Hours, and is shut down for the rest of each day. It is also shut down
for maintenance off 45 days each year calculates its annual load factor.
Mr. N.S.Patil 26
SGP-Atigre Electrical Engg.Dept.
Given Data:
Formula Used:
Plant Capacity =
Solution:
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Mr. N.S.Patil 27
SGP-Atigre Electrical Engg.Dept.
1. A Power Station has maximum demand of 15000kW. The annual load factor
is 50% & Plant Capacity factor is 40%. Determine the Reserve Capacity of
the Plant.
2. A Power Station has a maximum demand 0f 10 MW. The annual load factor
is 60% & plant capacity factor is 50%. Determine the reserve capacity of
plant.
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Mr. N.S.Patil 28
SGP-Atigre Electrical Engg.Dept.
Given Data:
To Find:
Load Factor
Demand Factor
Formula Used:
Load Factor =
Demand Factor =
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Example for Practice: A generating station has maximum demand of 20MW &
connected load of 40MW. The units generated being 60x10 6 per annum. Calculate
demand factor & load factor.
Mr. N.S.Patil 29
SGP-Atigre Electrical Engg.Dept.
The diversity factor of these loads at the generating station is 1.5 &
average annual load factor is 55%. Calculate the maximum demand on the
station & total energy supplied by the plant in year.
To Find: Diversity Factor, Maximum Demand, Average load Factor & total
energy supplied by the plant in a year.
Formula used:
Diversity Factor =
Solution:
By using Diversity Factor Formula:
1.5 =
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Example for Practice: A diesel station supplies following loads to various consumers:
Domestic=100kW, Commercial=750kW, Industrial=1500kW & Domestic light = 450kW. If the
maximum demand of the station is 2500 kW& Energy generated per year is 45 x 10 5 Calculate
Diversity & Load Factor.
Mr. N.S.Patil 30
SGP-Atigre Electrical Engg.Dept.
8. The peak load on a power station is 30MW. The loads having maximum
demands of 25, 10, 5 & 7 MW are connected to the power station.
Capacity of the power station is 40MW & annual load factor is 50%.
Calculate: average load, energy supplied per year, demand factor &
diversity factor.
Given Data:
To Find:
Average Load
Total Energy Supplied per Year
Demand Factor
Diversity Factor
Formula Used:
Load Factor =
Demand Factor =
Diversity Factor =
Solution:
0.5 =
Mr. N.S.Patil 31
SGP-Atigre Electrical Engg.Dept.
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The peak load on power station is 40 MW. The loads having maximum
demands of 30 MW, 5MW, 8MW are connected to power station. The annual
load factor is 50%. Find: Average load on Power Station, Demand Factor,
diversity Factor & Load Factor.
, ,
Mr. N.S.Patil 32
SGP-Atigre Electrical Engg.Dept.
Draw the load curve and Find: Maximum Demand, Unit Generated per
annum, average load & load Factor.
For all above the given problem is totally different from other.
To Find: Maximum Demand, Unit Generated per annum, average load & load
Factor
Formula Used:
Average Load =
Load Factor =
Solution:
In previous section we have studied what is meant by load curve & what it
indicates or how it can be drawn.
With reference to the given data in the above table, we draw the load curve. For
this purpose we take shows on X-axis Time & Y-Axis Load.
There are total 24 hours of the day, for X-Axis it is divided into TWO hours &
load is in increasing order of 10 on Y-Axis.
Mr. N.S.Patil 33
SGP-Atigre Electrical Engg.Dept.
Maximum Demand: From the above curve it is clear that, the maximum load is 70 MW.
Unit Generated per Annum: = Area (in kWh) under the daily load curve.
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Example for Practice: The daily load curve on a generating station is as given below:
Draw the Load Curve & Calculate: Load Factor, Average Demand & Energy Generated
per Day.
Mr. N.S.Patil 34
SGP-Atigre Electrical Engg.Dept.
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Mr. N.S.Patil 35
SGP-Atigre Electrical Engg.Dept.
Plot the Load Curve & Load Duration Curve. Calculate the Energy
Generated per Day.
Formula used:
Energy Generated per Day = Area under (in kWh) daily load curve.
Energy Generated per Day = Area under (in kWh) daily load duration curve.
Solution:
While draw the load curve, first up all we need to axis X & Y respectively.
Take Time in Hours in X-Axis & load in MW in Y Axis & Draw the load
curve.
Mr. N.S.Patil 36
SGP-Atigre Electrical Engg.Dept.
While Drawing the Load Duration Curve, same procedures repeat. Take
Time in Hours in X-Axis & Load in MW in Y Axis.
In load duration curve, we know that to arrange all the load order in
descending magnitude (take highest load first then order in descending
magnitude)
For load curve & load duration curve calculate Energy Generated per Day
Energy Generated per Day = Area (in kWh) under daily load or load duration curve
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Example for Practice: A Generating Station has the Following Daily Load Cycle:
Plot the Load Curve & Load Duration Curve. Calculate the Energy
Generated per Day.
Mr. N.S.Patil 37
SGP-Atigre Electrical Engg.Dept.
Demand Factor:
Capacity factor:
Mr. N.S.Patil 38