Power Generation Tariff Design

1. Fixed Cost

The fixed element comprises:

2. Variable Cost

The variable cost, as the name suggests, keeps varying for a power plant during its operation. This is because this cost component depends on the fuel and the power generated. The variable cost is measured on a per unit electricity generation basis (₹/MWh).

Source: Optimising Thermal Power Plant with Generation Flexibility and Heat Rate Factor (Chemical Engineering Transactions vol. 70, 2018)

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