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esm-course
esm-tutorials
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debde865
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debde865
authored
Jul 02, 2018
by
sp2668
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corrected indices in solution05.tex
parent
39a0a9f2
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tutorial-4/solution04.pdf
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tutorial-4/solution04.tex
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@@ -176,7 +176,7 @@ Consider an electricity market with two generator types, one with variable cost
The optimisation problem has objective function:
\begin{equation*}
\max
_{
Q,Q
_
1,Q
_
2
}
\left
[ U(Q) - C_1(Q_1) - C_2(Q_2) \right]
=
\max
_{
Q,Q
_
1,Q
_
2
}
\left
[8000Q-5Q^2 - c_
2
Q_1 - c_2Q_2 \right]
\max
_{
Q,Q
_
1,Q
_
2
}
\left
[ U(Q) - C_1(Q_1) - C_2(Q_2) \right]
=
\max
_{
Q,Q
_
1,Q
_
2
}
\left
[8000Q-5Q^2 - c_
1
Q_1 - c_2Q_2 \right]
\end{equation*}
with constraints:
\begin{align*}
...
...
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