Abstract

Economic dispatch (ED) is one of the most important topics in power system operation and planning. The main purpose of this paper is to develop simple and effective mathematical models for the ED problem. Two stages were considered to solve this problem. First, the ED problem is formulated using linear piecewise functions and then optimally solved using the LP technique at various load values. The effectiveness of the LP in optimally solving the ED problem is verified by applying it to two different test systems. The results are compared with those obtained using other ED optimization techniques. The LP optimization performance of the proposed method is found to be similar to those of the reported techniques. In the second stage, the data collected from the optimization process in the first stage are transferred to TuringBot software. This software is adopted to build efficient mathematical models for the optimal power generation (output parameters) as functions of the load values (input parameters). The main objective of these models is to easily evaluate the optimal power sharing of the generators in an online fashion under rapid variable loading conditions without the need to solve the ED-LP based problem. Optimization techniques, including the LP, generally require considerable simulation times for linearization and optimization code execution, particularly under fast load variations. Thus, the main features of the developed models in this paper are simplicity, accessibility, as well as the ability in obtaining an efficient and optimal solution with a faster execution time.

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