New concepts of costs optimization for thermal scheduling

An optimal solution to the unit commitment (UC) and economic load dispatch (ELD) problems lead to remarkable saving in the power system operational cost. UC and ELD main problems are to find the maximum profit and fast computation simulation time for the scheduling program. Lagrangian relaxation (LR) has become one of the best solution methods in solving the UC and ELD problems. The approach is claimed to be more efficient and easier than other methods in solving large-scale problems. When applying LR, the dual function needed to be updated at the higher level. Lately, bundling method (BM) is one of the best solution methods to Lagrangian dual problem. This paper presents LR technique, BM and interior point method for solving the UC and ELD problems. It will also explore the best possible way of updating Lagrangian multipliers with minimum computation time using fast programming techniques.