This question is based on a two node network with one, Ask an Expert

Management Studies

This question is based on a two node network with one transmission line connecting the two nodes. Assume that a Regional Transmission Organization operates the electricity market for this system, and that all generators provide supply offers equal to their marginal costs. Node A has 10 MWh of electricity demand and a generator with a marginal cost of $20/MWh. Node B has 10 MWh of electricity demand and a generator with a marginal cost of $50/MWh. Assume that both generators have 100 MW of capacity, and the transmission line connecting Nodes A and B has 5 MW of capacity. How much congestion revenue does the RTO collect in this market?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92470109

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 which of the following is important to ensure that

1. Which of the following is important to ensure that marketing research leads to meaningful strategy? determining the most appropriate research design(s) all of the mentioned are important. appropriate analysis of data ...

In the learning plan 4 activities you watched harish

In the Learning Plan 4 Activities, you watched "Harish Manwani: Profit's not always the point " hosted by TedTalks. Think about what Mr. Manwani discusses and answer the following questions:?? - How do you think a busine ...

K-log produces cereals that are sold in boxes labeled to

K-Log produces cereals that are sold in boxes labeled to contain 390 grams. If the cereal content is below 390 grams, K-Log may invite auditor’s scrutiny. Filling much more than 390 grams costs the company since it essen ...

1 can collaboration and partnership address the problem of

1. Can collaboration and partnership address the problem of improving the quality of services or is it simply a cost cutting strategy? 2. Describe the typical composition and procedural process of an Appellate court. Wha ...

The pi owners are having difficulty understanding the

The PI owners are having difficulty understanding the application of the Statute of Frauds to their business and have several questions about the doctrine. With Pat’s and Gale’s approval, you email the PI owners answerin ...

Each american family is classified as living in an urban

Each American family is classified as living in an urban, suburban, or rural location. During a given year, 15% of all urban families move to a suburban location, and 5% move to a rural location; also, 6% of all suburba ...

Selling building partnerships 9th edition castleberry

SELLING: BUILDING PARTNERSHIPS 9TH EDITION CASTLEBERRY/ TANNER One question in 3 parts A. What is the term used to describe the action of a negotiation team member who tries to begin the negotiation during the preliminar ...

Doctor j is considering purchasing a new blood analysis

Doctor J. is considering purchasing a new blood analysis machine to test for HIV; it will cost $10,000. He estimates that he could charge $150.00 for an office visit to have a patient's blood analyzed, while the actual c ...

Assignment question 1 the case identifies several aspects

Assignment Question : 1. The case identifies several aspects of the Nissan response that were particularly beneficial. Expand on the points made in the case to identify the potential costs and benefits of these actions. ...

In relation to the contextual factor e-commerce and

In relation to the contextual factor (e-commerce) and organisaton: case study:Specialty Fashion Group and eCommerce Issues Assess the impact of the contextual factor. Identify critical issues around the contextual factor ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert