Balancing Efficiency; Availability; Capability and Flexibility

Learning objectives

  • Identify the concepts of economic dispatch
  • List the two reserve categories and identify their sub-categories
  • Describe Power Plant unit efficiency especially concerning how it fits into economic dispatch
  • Identify the importance of maintaining power plant unit capability as high as feasible
  • List and describe the components of power plant unit flexibility especially concerning their importance in economic dispatch
  • Identify the importance of power plant units being available when needed

Course overview

When you complete this lesson you will be able to explain efficiency, capability, flexibility and availability in your own words. You will be able to describe the concept of economic dispatch. You will also be able to discuss running and shutdown reserves and the reasons they are important.

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