An Optimal Mix Problem: Capacity Expansion in a Power Field
The capacity expansion problem in the power field is indeed a very complex one. In this module we present a static, or one-year, capacity expansion problem that can be solved rather easily using a breakeven point analysis.
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- T. W. Berrie, “The economics of system planning in bulk electricity supply,” in Public Enterprise, R. Turvey, Ed. Penguin Modern Economics, 1968.Google Scholar