If all generators have equal costs, then minimizing cost means minimizing the total generation. If the load is fixed, the only way to decrease the total generation is by decreasing losses.
-- Ray Zimmerman Senior Research Associate 211 Warren Hall, Cornell University, Ithaca, NY 14853 phone: (607) 255-9645 On Jun 21, 2011, at 12:05 PM, Carlos Gonzalez Almeida wrote: > Hello > I have read in one of your posts the following sentence: > "If you want to minimize losses using runmarket, simply put in equal offer > prices for all generators. Then cost minimization is equivalent to loss > minimization".Could you please tell me what is the reason. > > Best Regards > > Carlos
