Title :
Economic Dispatch in power systems
Author :
Al Farsi, F.N. ; Albadi, M.H. ; Hosseinzadeh, N. ; Al Badi, A.H.
Author_Institution :
Dept. of Electr. & Comput. Eng., Sultan Qaboos Univ., Muscat, Oman
Abstract :
Economic Dispatch is an important optimization problem in power system planning. This article presents an overview of the economic dispatch problem, its formulation, and a comparison of addressing the problem between the vertically integrated market and the liberalized market environments.
Keywords :
optimisation; power generation dispatch; power generation economics; power generation planning; power markets; economic dispatch problem; liberalized market environments; optimization problem; power generation output; power system planning; vertically integrated market; Economics; Electricity; Fuels; Generators; Power generation; Power systems; Real-time systems; Dispatch Centre; Econmic Dispatch; Libralized Marekts; Vertically Integrated Markets;
Conference_Titel :
GCC Conference and Exhibition (GCCCE), 2015 IEEE 8th
Conference_Location :
Muscat
DOI :
10.1109/IEEEGCC.2015.7060068
