An Application of Quadratic Programming to Electrical Energy Production

N D Uri
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N D Uri: Electric Power Analysis Division, Federal Energy Administration, Washington, DC 20461, USA

Environment and Planning A, 1977, vol. 9, issue 3, 273-284

Abstract: The issue that is addressed concerns the potential cost savings to a portion of the United States if the economic advantages some regions possess in generating electrical energy are passed on to other regions. The basic conclusions include the argument that a misallocation of electrical energy among consumer sectors exists, that societal welfare could be increased if the industry were to operate from an aggregate power-system viewpoint, and finally that the industry, in the aggregate, is charging a price in excess of the marginal cost of supplying electrical energy.

Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:9:y:1977:i:3:p:273-284

DOI: 10.1068/a090273

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