day in the San Diego Gas & Electric territory has been uploaded to an Excel workbook on
Canvas (with generators aggregated to avoid exceeding Excel Solver's limit of 200 decision
variables). Data includes the resources, the availability of renewable resources in each of
the 24 hours, and demand. Note that demand is recorded at the level of the transmission-
distribution interface, and accordingly does not include any load served by distribution-level
photovoltaics.
Construct a model in Excel describing this system and solve to determine an optimal
production schedule for the six resources. Assume a gas price of $3.50/MMBtu, but leave in
the capability to modify this assumption for future problem sets.
(a) What is the total cost to operate the system for the day?
(b) In what hours is the combined cycle gas plant on the margin? What is the price during
these hours?