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ECONOMICS OF POWER GENERATION

Economics of Power Generation
During load shedding

Some loads are switched off
System frequency is reduced
System voltage is reduced
System power factor is changed

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Economics of Power Generation
Generating capacity connected to the busbars and ready to take load when switched on is known as

Spinning reserve
Hot reserve
Firm power
Cold reserve

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Economics of Power Generation
______ is the reserved generating capacity available for service under emergency conditions which is not kept in operation but but in working order.

Cold reserve
Hot reserve
Spinning reserve
Firm power

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Economics of Power Generation
Salvage value of the plant is always

Zero
Any of the listed here
Negative
Positive

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Economics of Power Generation
Load shedding is done to

Improve power factor
Repair the machine
Reduce peak demand
Run the equipment efficiency

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