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ECONOMICS OF POWER GENERATION

Economics of Power Generation
During load shedding

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

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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

Firm power
Spinning reserve
Cold reserve
Hot 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.

Hot reserve
Spinning reserve
Cold reserve
Firm power

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Economics of Power Generation
Salvage value of the plant is always

Any of the listed here
Positive
Negative
Zero

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Economics of Power Generation
Load shedding is done to

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

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