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An Application of Quadratic Programming to Electrical Energy Production

Author

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  • N D Uri

    (Electric Power Analysis Division, Federal Energy Administration, Washington, DC 20461, USA)

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.

Suggested Citation

  • N D Uri, 1977. "An Application of Quadratic Programming to Electrical Energy Production," Environment and Planning A, , vol. 9(3), pages 273-284, March.
    • Handle: RePEc:sae:envira:v:9:y:1977:i:3:p:273-284
    DOI: 10.1068/a090273
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