Abstract
With the marketization of electricity trading, linear programming solvers are becoming more and more important in power system decision-making. How to select a suitable solver for economic dispatching of power systems becomes a tricky problem that needs to be considered in a focused manner. In order to evaluate the applicability of linear programming (LP) solvers in power system economic dispatching problems, nine most commonly used LP solvers are sorted out and compared qualitatively from three perspectives of compatibility, openness and pervasiveness, and a quantitative efficiency comparison of these linear programming solvers is carried out based on security constrained economic dispatch (SCED) problems of different scales. Finally, based on the statistical results, a comprehensive feature presentation is made using radar diagrams to derive an optimization solver suitable for linear programming problems in power systems.
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