In a, b and c constants, b stands for those costs which are proportional to the power generated say like fuel cost, c stands for the costs to be met even when there is no power generation, say like interest on borrowed capital etc. Like wise what costs does a stand for?
I think you mean the following cost curve
c(P) = aP²+bP+c
Thereby "a" represents all efficiency factor depending cost.
Thanks Mr. Robert Schwerdfeger. But I want the costs that vary according to the square of the power generated. For example fuel cost is directly proportional to the Power generated. Likewise what costs vary in proportion to the square of the power generated?
Based on economic aspects the cost curve is defined by fixed costs, primary energy costs etc. While the function also has to regard the efficiency factor depending operation point of the power plant / generator, the cost curve generally is nonlinear function. Thus, the cost curve is represented as a second-order polynomial.
cost(P) = aP² + bP + c
Thereby "a" represents all efficiency factor depending cost.
I hope I could help you.
Mr.Robert Schwerdfeger, actually I am writing a paper and I need a reference for the information that you have given. Can you please help me?
Actual I only know a german book where this content is written down from Prof. E. Handschin called "Elektrische Energieübertragungssysteme, Band 1" ISBN 3778514016. I will have a look later, maybe I can you provide an english reference.
Thank you Mr.Robert Schwerdfeger, it is very kind of you. Thanks once again---truely.
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