Decentralised optimal dispatch of multi‐area power systems based on non‐linear value‐function approximation

Abstract

In recent years, the use of interconnected multi-area systems has increased significantly. To operate these systems efficiently, a proper coordination approach among different areas is required. With this context, a novel decentralised optimal dispatch algorithm is proposed in this study. The centralised economic dispatch model is decoupled into a series of sub-problems for different areas, allowing the independent decision of each area without a central operator. The detailed information of each area is not required for information exchange. To better estimate the impact of each area's decision on other areas, the approximate value functions of the tie-line powers are added into the local objective function of the sub-problem. This technique makes the decentralised solution of the proposed algorithm more explicit and rational compared with most existing distributed algorithms. Besides, the proposed technique does not require parameter tuning and has good convergence performance. Numerical simulations on several test systems and a real power system demonstrate that the proposed algorithm is favourable in terms of accuracy, adaptability, and computational efficiency.