What are the shadow price of transmission line

Assignment Help Managerial Economics

Reference no: EM131517964

Problem: (3-Node Electricity Transmission Network Model)

(a) Set up and Solve the LP problem using Solver; Print the answer and sensitivity report;

(b) What are the optimal generation output at node A and C?

(d) What are the Locational Marginal Price at node A, B, C?

(e) What are the shadow price of transmission line AB, BC and CA?

(f) What is the total revenue for generators?

(g) What is the total payment by demand?

(h) How much are transmission owners compensated?

Reference no: EM131517964

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