The Exact Solution of the Environmental/Economic Dispatch Problem
By Luis Bayón, José María Grau, Maria M. Ruiz, Pedro M. Suárez. IEEE Transactions on Power Systems, 2012
60 citations recorded by the source corpus.
In this paper, the exact analytical solution for the environmental/economic dispatch (EED) optimization problem is presented for the first time. The EED, which simultaneously satisfies multiple contradictory criteria, is stated as a multiobjective optimization problem (MOP). Our paper has improved several aspects of a previous analytical approach. First, we take into account the unit capacity constraints in the exact formulae. Second, we obtain the set of compromise solutions known as Pareto optimal solutions and, third, our treatment of transmission losses satisfies the power balance constraint. In contrast with the known heuristic methods used in the literature, which only provide a reasonable solution (suboptimal, nearly global optimal), our method provides the global solution. Moreover, our method can obtain the Pareto optimal set under different loading conditions. The performance of the proposed technique is validated using a standard test system.
Subfields: Electrical and Electronic Engineering
View Paper: https://www.semanticscholar.org/paper/4fee87795b30d2639d54503f5981899b8da58f97
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In Electrical and Electronic Engineering
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Citations in the corpus
- Distributed Consensus-Based Economic Dispatch With Transmission Losses (2014, background): “Moreover, recent advancements account for emission dispatch [6] and intermittency of renewable energy sources [7].”