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Economic Dispatch in Power Generation

The document discusses an economic dispatch problem to determine the optimal allocation of power generation across multiple generators to minimize total costs while meeting electricity and heat demands, subject to generator capacity limits and the heat produced being linearly related to electricity generated.

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Karen Engativa
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4 views2 pages

Economic Dispatch in Power Generation

The document discusses an economic dispatch problem to determine the optimal allocation of power generation across multiple generators to minimize total costs while meeting electricity and heat demands, subject to generator capacity limits and the heat produced being linearly related to electricity generated.

Uploaded by

Karen Engativa
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Economic dispatch of power generation

This tutorial concerns a problem of economic dispatch of power generation.


There are a number of power generators, required to satisfy power and
heat demands of the market. Each power generator has a different linear
cost function, and each power generator has a capacity limit. The amount of
heat generated, as a product of heat, is linearly associated with the amount
of electricity produced.

The optimisation problem is to determine the optimal dispatch of power


generations among different power units so as to achieve the minimum
cost, while delivering adequate power and heat to the market.

Mathematical formulation
Nomenclature

Index

𝑖 power generators

Input data

𝐶𝑖 cost coefficients of power unit 𝑖 for generating a unit power [$]


𝑈𝑖 maximum production level of power unit 𝑖
𝐻𝐸𝑅𝑖 heat-to-electricity ratio for unit 𝑖
𝐷𝐸𝑝 power demand
𝐷𝐸ℎ heat demand

Decision variable

𝑃𝑖 Power generation of unit 𝑖


𝐻𝑖 Heat generation of unit 𝑖
Objective function

Objective function is to minimise the total cost of producing power:

𝑚𝑖𝑛 ∑ 𝐶𝑖 𝑃𝑖
𝑖

Power production from all units must add up to satisfy market demand:

∑ 𝑃𝑖 ≥ 𝐷𝐸𝑝
𝑖

Heat as a by-product is related to the electricity production level by HER


parameter:

𝐻𝑖 = 𝐻𝐸𝑅𝑖 𝑃𝑖 ∀𝑖

Heat demand from the market also needs to be met:

∑ 𝐻𝑖 ≥ 𝐷𝐸ℎ
𝑖

Each power unit has a capacity limit:

0 ≤ 𝑃𝑖 ≤ 𝑈𝑖 ∀𝑖

Table 1. Input data


Unit Ci Ui HERi
1 8.10 580 0.31
2 7.74 360 0.22
3 8.25 200 0.33
4 7.74 180 0.24

Electricity demand: 950


Heat demand: 260

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