Power Systems
In order to have lower cost of power generaion

 the load factor should be high but diversity factor should be low
 the load factor and diversity factor should be low
 The load factor and diversity factor should be high
 the load factor should be low but diversity factor should be high

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Power Systems
A lossless power system has to serve a load of 250 MW. There are two generators(G1 and G2) in the system with cost curves C1 and C2 respectively defined as follows: C1 = PG1+0.055P²G1 C2 = 3 PG2 + 0.03 P²G2 Where PG1 and PG2 are the MW injections from generators G1 and G2 respectively. Thus, the minimum cost dispatch will be

 PG1 = 150 MW and PG2 = 100 MW
 PG1 = 0 MW and PG2 = 250 MW
 PG1 = 250 MW and PG2 = 0 MW
 PG1 = 100 MW and PG2 = 150 MW

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