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MATLAB Economic Dispatch with Lambda Method

The document describes solving an economic dispatch problem for a power system using MATLAB. It details the lambda iteration method algorithm, provides the MATLAB code used, and presents the output of the simulation which finds the optimal power generation levels to meet demand at minimum cost.

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Arvind Sriram
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25 views3 pages

MATLAB Economic Dispatch with Lambda Method

The document describes solving an economic dispatch problem for a power system using MATLAB. It details the lambda iteration method algorithm, provides the MATLAB code used, and presents the output of the simulation which finds the optimal power generation levels to meet demand at minimum cost.

Uploaded by

Arvind Sriram
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

EXP 8: ECONOMIC DISPATCH IN POWER

SYSTEMS
AIM:

To develop a MATLAB program to solve the economic dispatch problem for


a given system.

APPARATUS:

[Link] Software Version

1. MATLAB R2022a

ALGORITHM:

LAMBDA-ITERATION METHOD:

• Set value of λ initially.

• Solve the below equation to obtain power generated by the units, Pi:

𝐝𝐅𝐢 (𝐏𝐢 )
=𝛌
𝐏𝐢
Where 𝐹𝑖 (𝑃𝑖 ) is the fuel cost function for units 𝑖 = 1 𝑡𝑜 𝑁; this is the function

that must be minimized.

• If PLoad is the load demand that must be satisfied, the difference between

this demand the and sum of the generated powers is found.


𝐍

∈ = 𝐏𝐥𝐨𝐚𝐝 − ∑ 𝐏𝐢
𝐢=𝟏
• If ∈ > 0, then load is greater than the generation. Therefore, increase the λ

value and repeat steps 2-3.

• If ∈ < 0, then generation is greater than load. Therefore, decrease the λ

value and repeat steps 2-3.

• Stop the iteration when ∈ falls below a particular threshold.

• This process is illustrated below as a flow chart.

MATLAB CODE:
%% Economic load dispatch of Real power
% NOT considering transmission losses

clear all;
clc;
% n a b*cost c*cost min max
d = [1 225*0.8 8.4*0.8 0.0025*0.8 45 350;
2 729*1.02 6.3*1.02 0.0081*1.02 45 350;
3 400*0.9 7.5*0.9 0.0025*0.9 47.5 450];

D = 450;

b = d(:,3);
c = d(:,4);
Pmin = d(:,5);
Pmax = d(:,6);
dP = D;
x = 6; % assume lambda
while abs(dP)>0.00001
P = (x-b)./(2*c);
P = min(P,Pmax);
P = max(P,Pmin);
dP = D - sum(P);
x = x + dP*0.0025;
end

fprintf("Final value of lambda is: %2.3f R/MWh", x)


Power = table(d(:,1),P,'V',{'Unit' 'Power'})

OUTPUT:

Final value of lambda is: 7.544 R/MWh

Power =

3×2 table

Unit Power
____ ______

1 205.95
2 67.647
3 176.4

RESULT:

Thus, the economic dispatch problem was solved using MATLAB and the
results were verified.

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