Economic Dispatch
Economic Dispatch (ED) is the process of optimally allocating power output among committed generators to meet demand at minimum fuel cost. Introduced by Kirchmayer in 1958, ED is a fundamental real-time optimization problem solved every few minutes in power system operations. Unlike Unit Commitment (which decides generator on/off), ED assumes generators are already committed and focuses on splitting load most economically. ED's rapid feedback enables efficient real-time power plant operations.
Source record
Citations copied verbatim from the method’s source record. No claim-level verification is inferred from them.
- Kirchmayer, L. K. (1958). Economic Operation of Power Systems. Wiley & Sons. · URL
- Horton, G. K. (1970). Techniques for the economic dispatch of generation. IEEE Transactions on Power Apparatus and Systems, 89(5), 893-901. · URL
- Wood, A. J., Wollenberg, B. F., & Sheblé, G. B. (2013). Power Generation, Operation, and Control (3rd ed.). Wiley-Interscience. · URL
Curated claims
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Related methods
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