Open AccessECONOMIC LOAD DISPATCH PROBLEMS IN SMART GRID: A REVIEW
Author(s) -
Frie Ayalew,
Seada Hussen,
Gopi Krishna Pasam
Publication year - 2019
Publication title -
international journal of engineering applied science and technology
Language(s) - English
Resource type - Journals
ISSN - 2455-2143
DOI - 10.33564/ijeast.2019.v03i11.014
Subject(s) - economic dispatch , smart grid , computer science , grid , operations research , mathematical optimization , engineering , mathematics , electric power system , electrical engineering , power (physics) , physics , geometry , quantum mechanics
Economic dispatch problem is one of the fundamental problems in power system as proved by many researchers. Since working on smart grid at lowest cost with high efficiency is a big challenge. Solving this problem will be active research topic for future. In the current paper, we are going to show detailed description of progress on economic dispatch, centralized and decentralized algorithm, and demand side management, classical and modern techniques by looking for the way and key factors in their progress. Plenty of work is available on demand side management, using different alternatives as it is related to optimization of generation, and system load cost models. With this scope of review work, the perspective of the economic dispatch problem in the smart grid has been investigated. This paper revises different author’s work related to the economic dispatch problem and gives an insight to future