Estimation of Cost of Load Shedding

Estimation of Cost of Load Shedding Theoretical framework A firm’s behavior in case of outages While studying the firm’s behavior in the presence of regular and constant outages we assume the firm operates in a competitive atmosphere while pursuing its major objective of profit maximization considering the size of the firm. Following can be the possible consequences: In case if power outages are considered to be somehow everlasting in nature then the optimal size of the firm is lower than in the absence of outages. Henceforth we see the possibility of the firm to let go some labor. The chance of the firm to make some appropriate adjustments to pull through some of the output which was lost depends on the following characteristics. The degree of the market situation to be favorable towards the firm If the firm’s dependency of the production process is less on electricity then it is more likely that the firm will make an adjustment. If the cost of adjustment is low the firm is most likely to go for it. The firm will undertake an adjustment if the power outages are large and are expected to be continued for a long period of time. Figure 3.1 Adjustment of a Firm towards Outages Visual representation of the alteration of the equilibrium of a firm in the existence of power outages. Regarding the Type I firm we see that initially when it is faced with outages it resultantly reduces its production from . At the point the space between price and marginal cost is AB. The larger the amount of outages the bugger the space of AB is going to be. XY represents the marginal cost curve of adjustment by the firm. Henceforth incase the XY is too high, then the firm makes no adjustment. Now if we see the case of type II firm. We see that Y lies between A and B. Therefore the firm decides to make an adjustment which takes its new production level to . So type I firm reduced its output by) whereas the loss of output faced type II firm is). The profit loss faced due to outages by type I firm is ABC. Whereas loss of profit of type II firm is BYZC. Henceforth some adjustments can prove to be favorable under some circumstances. So I have used given theoretical framework to develop the methodology for the quantification of the cost of outages. Methodology for quantification of costs of outages As discussed before that in the existence of regular and constant outages the firms tend to make adjustments. But the coverage and character of these adjustments will depend on a number of features that I have mentioned above. The methodology that I have used for the quantification of the cost of outages is majorly based on that developed by Pasha, Ghaus and Mallik [1989]. I have narrowed down the costs related to outages into two types. The first type is direct costs. The second type is adjustment costs. While undertaking any type of adjustment mechanisms to recover their lost output, it is going to be based on cost minimization. A firm will go for an adjustment which it considers will be less expensive than the other available options. Therefore a firm can opt for more than one adjustment at one time, which depends on firm’s size and the amount of outages. Direct Costs Through following methodology we are going to calculate the direct costs of outages. = number of times of incidence of outage daily on average of duration i. i = 1, 2, 3, 4, 5. The durations are 0-1/2 hr;  ½ hr to 1 hr; 1 hr to 2 hrs; 2 hrs to 3 hrs; 3 hrs and above. = amount of output lost during an outage of duration i = restart time after an outage of duration i. The total number of outages during the year is given by NOUT = ..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦(2) The total time lost due to outage is TOUT = †¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦(3) Where is the duration of the outage. The probable extent of output loss due to outages is given by LOUT = .†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦(5) But there is a possibility that the firm might not operate for the entire year and for twenty four hours every day. Henceforth, if H is the normal hours worked during the year, the actual output lost is given by ACOUT = †¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦(5) We will calculate the value of this loss through following method. VOUT = ACOUT.V .†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦(6) Where V is the value added by the firm per hour. Nevertheless, the firm might undertake adjustment mechanisms to recover its lost output. If we take as the degree of output which was recovered then we have the the net idle factor cost, NIFC, as follows: NIFC = (1-ÃŽ ») VOUT †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦(7) Now we will represent the spoilage costs. = spoilage cost (in rupees) in each outage of duration i Then the spoilage cost, SPC, is derived as follows: SPC = †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.(8) Now we can calculate the direct costs of outages. TDC = NIFC + SPC †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦(9) Adjustment Costs Generators Cost In Pakistan we have generally observed that the foremost adjustment undertaken by a firm is the investment in generator where they can control the source of energy supply. This is the outcome of the frequent and prolonged hours of power outages since 2007 and the realization by the firms that these outages are going to stay for a long time and it might even get worse along with gas shortages. In order to go for a substitution of the main source of electricity which is supplied by the DISCOs, the firm considers its concentration on energy required. While luring on other less expensive adjustments and the arrangements for the availability of initial capital for the possession of generators. The cost of capital for getting hold of generators is high relatively to small scale units as compared to large firms. In order to calculate the total costs of owing and running a generator, we have narrowed it down to specifics. A unit owns a generator or not The capital cost of the generator Monthly running cost of fuel for operating the generator Other costs (including labor, repairs and maintenance cost, etc.) on a quarterly basis. On these bases we are going to calculate the costs of generator. = capital cost of generator foc = fuel operating cost per month opc = other operating costs quarterly So the calculation of the annual generator cost (GENCO) is as follows: GENCO = () + 12(foc) +4(opc) †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦(10) stands for the cost of capital and is the rate of depreciation. The combined value of is taken as 0.32. Once we have considered a firm to be operating a generator it means that firm is saving on the energy supplied by the local DISCO. So now the (NGENCO), is given by NGENCO = GENCO – k (TOUT) (ADJG)tf. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦(11) Where K = electricity consumption per hour in Kwh TOUT = total hours lost as derived in equation (3) ADJG = extent of adjustment by use of generators tf = tariff per Kwh of the DISCO. Other Adjustments These adjustments are more or less short run in nature when power outages are considered to be momentary in nature: A firm can consider utilizing its present plant, equipment and machinery more intensively in presence of power outages. Loss of output can be recovered by working overtime or by adding more labor and work shifts. It can be considered to change the working hours and timings to more suitable slot according to timetable of power load shedding. The costs related to these adjustments are not large but majority of the firms have not undertaken these adjustments. The methodology used for the quantification of these costs has been taken from Pasha, Ghaus and Mallik. They are represented by OTC. Overall, the total adjustment cost, TAJCO, is derived as TAJCO = NGENCO + OTC †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.(12) OTC stands for monthly overtime cost And the total outage cost, TOUTCO, as follows: TOUTCO = TDC+ TAJCO †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.(13)

The Wandering of King Lear’s Mother Essay -- King Lear Essays

The Wandering of King Lear’s Mother After he experiences all kinds of humiliation done by Goneril, and finds his messenger Kent in the stocks, King Lear, in Act 2 Scene 4, conjures up the â€Å"mother† to express his outburst of rage and physical symptom sensations: O! how this mother swells up toward my heart; Hysterica passio! down, thou climbing sorrow! Thy element’s below. Where is this daughter? (II.iv.56-58) Who is this â€Å"mother†? Or what is this â€Å"mother†? As many critics have identified, this â€Å"mother† is another name for the womb, matrix, or uterus. That the â€Å"mother swells up† points to the disease called hysteria. Yet, who is responsible for the rise or wandering of Lear’s â€Å"mother†? Does Lear experience some sort of gender confusion by conjuring up the â€Å"mother†? As Janet Adelman keenly points out, â€Å"The bizarreness of these lines has not always been appreciated; in them Lear quite literally acknowledges the presence of the sulphurous pit within him† (114). But still why do we want to focus on this â€Å"mother† after all? One thing is certain that the (m)othering of the â€Å"mother† is overwhelmingly sophisticated, to the extent that the â€Å"mother† is located in the inside of Lear’s body and her implicated wanderings can be traced throughout the whole play. For our purpose, the â€Å"mother† holds significant clues to our interpretive enterprise and her (m)othering must be handled with extreme care. 1. Introduction In Renaissance England, medical interest in hysteria dates from Edward Jorden’s publication of A Briefe Discourse of a Disease called the Suffocation of the Mother (1603). The title of the book suggests the disease called the â€Å"m... ... to bolster up male identity. Works Cited Adelman, Janet. Suffocating Mothers: Fantasies of Maternal Origin in Shakespeare’s Plays, Hamlet to The Tempest. New York: Routledge, 1992. Camden, Carroll. â€Å"The Suffocation of The Mother.† Modern Language Notes, 63.6 (June., 1948), 390-393. Jorden, Edward. A Briefe Discourse of a Disease Called the Suffocation of the Mother (London 1603). In Witchcraft and Hysteria in Elizabethan London. Ed. & introd. Michael MacDonald. London: Tavistock/Routledge, 1991. Shakespeare, William. King Lear. The Arden Shakespeare. Ed. Kenneth Muir. London: Methuen, 1972. Notes 1 As Carroll Camden argues, â€Å"Apparently a male who presented choking as a nervous symptom was, by analogy, said to be suffering from the same disease† (393). Carroll Camden, Modern Language Notes (June 1948).

Meaning and Importance of Cultural Anthropology Essay

The aftermath of Globalization leaves the anthropological-cultural world not merely in pieces, as one of the most accepted anthropological analysts of the time, Clifford Geertz, postulates, but in dust: A seemingly atomized, incoherent mesh of individuals, who can’t be attributed to a specific ethnic background anymore, and who are barely representative members of the nation-states which issue their passports. By all traditional measurements, this conglomeration of individualized humans should not be able to organize its life in any orderly way. A closer look at the life-organizing forces of today reveals a growing strength of market powers as used by global business and a dwindling contribution to life-structuring issues from political and social aggregates. Ethnic groups as independent formations (if ever they could be considered as such) have become obsolete since colonialization. In the wake of globalization – the term used for the after-effects of a development that has been powered by the seemingly unlimited chance to spread out, nation states are rapidly losing their life-formatting influence. But the planet is limited, and so is the growth of all organizations running on materialistic underpinnings. When we apply any analysis of the recent conditions of this planet (with humans as a major factor) to the known concepts of culture, the results are disastrous. Without societal offers for identification as a valid member of a social entity, and, logically following, no security promise for the future, this condition of disconnectedness from any organized stability whatsoever can only lead to a fatal conclusion. A â€Å"survival of the fittest†- future seems inevitable. Surprisingly, the world doesn’t actually look like this. But what’s been happening? What is the new undiscovered organizational structure, which keeps things from falling apart into a dog-eat-dog society? Cultural theories can’t offer an explanation, nor do politics provide a satisfying answer. Natural sciences, the oracles of our last few hundred years of existence, turn their heads towards the catastrophic results of their parent societies and how to handle them, with few optimistic predictions, so far. And what of the Cultural Sciences? What is their outlook and how do they justify their right of existence, if their field of work, organized human society, doesn’t present itself as such anymore? For the Cultural-Anthropologist, or for the Ethnologist, extinction might be on the horizon – approaching at a speed concurrent with the vanishing of their subjects. How much longer will it be possible to satisfy any money-provider with rational innovations that, preferably, pay flattering tribute to the self-ascribed god like standings of the actual human race? Plainly spoken: Who will need Ethnologists, if there are no more ethnic novelties, no more ethnic boundaries and ethics? Let’s try to tackle this task with the tools of our own trade. What if new cultural ethics are emerging? Maybe they come with different ethnic boundaries. So what? And how much greater can an ethnological novelty be than news about the emergence of a new cultural group, perhaps a new cultural level or even an evolutionary step in its cultural iteration. There exists just such a group revealing itself to anyone, who is willing to see it. Sociologist Paul H. Ray and psychologist Sherry Ruth Anderson dubbed it the Cultural Creatives, and I believe the name is apt. Creativity isn’t a thing that can be organized. Global modern society arrived at its current point by means of organizing its relationship to its surroundings. With no more physical growth possible society is now facing the challenge of organizing in relation to itself. It – I should say – we are doing it as we speak. But we don’t notice it happening through our scientific observing eye, which is used to capture a purely material world; rather we assume by indirect empirical phenomena the possibility that a non-materialistic reality might be in existence. The tools for measurement are lacking. But human intuition serves to make it palpable. Intuitive knowledge cannot be transferred into objective matter, which would be required by the sciences, but still it can be felt. Humans have probably always felt it, but the easy option of materialistic life-organization has prohibited it from gaining much importance during the period we call Modernism. Forced to deal with the consequences of a situation, in which inner relations to one’s self with its analog connection to its environment become dominant again over the modernist dichotomy and relativistic relationship towards a surrounding. As a result more people pay more respect to their feelings and intuitions. And their lives are oriented to intuition-based knowledge once again rather than to a static, materialistic reception of the environment. This viewpoint is not abandoned either, but, â€Å"worked through† and â€Å"transcended†, now to be used as a wonderful tool whenever needed. This change on the cultural playground of the early 2000’s is palpable- feelable– for anybody who is willing to make the practical experience himself. And practical experience comes through creative participation with this life on earth, rather than through indirect and empirical participant observation, which is, unfortunately, still the most prominent tool of the cultural anthropologist. Creative participation means more than the collecting of evidence; it means creating and acknowledging its own cultural footprint, as well. The creative participant is entering into a situation with an inherent risk – the risk of becoming a part of the things that are going on around him and which are co-created by his or her presence. There is no convenient non-responsible observer position left anymore, but an interwoven entanglement with all and in everything – and this entanglement makes one able to feel what reality is about- even if one cannot put it into words, on film or even express it in thought. In such an entangled position it makes no sense to separate ones own fate and feelings from the fate and feelings of others. Those times are over, if, indeed, we ever really witnessed them before. For science to draw a true picture of true reality; of the culture one is living in, it is necessary to accept a way of recognizing the world in a more than materialistic manner. A â€Å"wind-chill-factor† of sorts needs to be built in into the static observations of today’s theories, which are stuck in their own limited acceptance of dynamism. The only appropriate approach towards cognition of culture-in-the-making seems to be through Creative Participation, where a separation between the observer and the observed is completely voided for good, where feelings and realities are shared practically and equally by all. Cultural Anthropology with its overlapping fields of interest into all sciences on campus, its â€Å"field-experience† for discovering a cultural merge first hand, and its ties to development politics, cultural exchange and education programs worldwide might be predestined to explore into a reality, which isn’t measurable, countable, or even describable – but in existence and palpable all around us.

Different Types of Love in William Shakespeares Twelfth...

Different Types of Love in William Shakespeares Twelfth Night In this play, Twelfth Night, there are various kinds of love presented but they can be categorized as true love and infatuation. There is also another kind of love portrayed in this play which is friendship. Self-love is surely one other factor in this play. Well, what is the definition of love? True love to be exact. True love is basically based on inner qualities and actions. It is genuine and sincere. It is sacrificial meaning that it serves others. True love is driven by reason, principles of trust and commitment. It is centered on pleasing the other party. One character that shows true love is Viola. Well, then what is†¦show more content†¦They are being deceived by themselves and/or the others around them. There are certain instances in the play where the emotion of love is true, and the two people involved feel very strongly toward one another. Violas love for Orsino is a great example of true love. Almost every type of love is expressed, Sibling relationships, Genuine love, Self-love leading to complete blind love. Love is also closely associated with madness and the characters seem to go to ultimate extremes to obtain the love they desire. At the core of the play, is the love triangle between Olivia, Viola and Orsino adding suspense, comedy and drama. Friendship is a kind of love expressed in Twelfth Night. The biggest and closest friendship would have to be between Orsino and Cesario. They barely knew each other at first, and before long Orsino was telling Cesario his inner love for Olivia. He even had Cesario running his love messages to Olivia. The second friendship between Viola and the Sea Captain was not mentioned a lot, but they had a very deep bond between one another. They survived the shipwreck together and the Sea Captain promised to keep Violas idea about pretending to be a man a secret. If he had opened his mouth the entire play would have changed. 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