Optimal dynamic economic dispatch of generation: A review

This paper presents a review of the research of the optimal power dynamic dispatch problem. The dynamic dispatch problem differs from the static economic dispatch problem by incorporating generator ramp rate constraints. There are two different formulations of this problem in the literature. The first formulation is the optimal control dynamic dispatch (OCDD) where the power system generation has been modeled as a control system and optimization is done in the optimal control setting with respect to the ramp rates as input variables. The second one is a later formulation known as the dynamic economic dispatch (DED) where optimization is done with respect to the dispatchable powers of the committed generation units. In this paper we first outline the two formulations, then present an overview on the mathematical optimization methods, Artificial Intelligence (AI) techniques and hybrid methods used to solve the problem incorporating extended and complex objective functions or constraints. The DED problem in deregulated electricity markets is also reported.