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Method and apparatus for providing economic analysis of power generation and distribution

  • US 7,288,921 B2
  • Filed: 06/25/2004
  • Issued: 10/30/2007
  • Est. Priority Date: 06/25/2004
  • Status: Active Grant
First Claim
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1. A method of optimizing an operation of a power generation system having a plurality of power generation devices, the method comprising:

  • obtaining an objective function of the power generation system;

    obtaining a plurality of operating constraints of the power generation system;

    determining a plurality of relationships between a plurality of parameters of the power generation system, the plurality of relationships including reactive capability curves defining values of real power and reactive power generated by one of the power generation devices as a function of parameters of the device; and

    solving the plurality of relationships to obtain an optimal solution for the objective function within the plurality of operating constraints of the power generation system.

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