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ECONOMICS OF POWER GENERATION

Economics of Power Generation
During load shedding

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

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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
Cold reserve
Firm power

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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.

Firm power
Hot reserve
Cold reserve
Spinning reserve

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Economics of Power Generation
Salvage value of the plant is always

Any of the listed here
Negative
Zero
Positive

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Economics of Power Generation
Load shedding is done to

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

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