Summary
The Ministry of Power (MoP) had issued guidelines on Flexibility in Generation and Scheduling of Thermal Power Stations. It aimed to utilize un-dispatched surplus of cheaper generating stations in order to reduce power generation cost. Likewise, Power System Operation Corporation Limited (POSOCO) proposed procedures for a pilot project and circulated a consultation paper on Security Constrained Economic Dispatch of ISGS PAN India that envisaged an optimization technique of power generation at inter-state level. SCED appears as an excellent mechanism to achieve the objectives laid down my Ministry of Power beside numerous advantages.
......