Generalized Model of Economic Dispatch Optimization as an Educational Tool for Management of Energy Systems

Abstract

The available literature about Economic Dispatch ED problems is rich. In most of the cases the readers need specialized multidisciplinary knowledge of control systems, advanced optimization techniques, computers software and energy systems. Integration of ED problems in syllabus of economic management of energy systems requires knowledge of control engineering, and economics. There is a gap of knowledge between classical control theory most of graduates possess, and necessary advanced optimal control techniques for working in the field of ED problems. This article presents an educational generalized method EGM_ED for modeling, and solving the optimization of ED problems of thermal energy systems, using matrix mathematics, and matlab software. The solution is deducted mathematically, computed with matrices, and do not uses solvers from toolboxes. Can be applied in many different situations of energy systems with big numbers of generators. EGM_ED method is easier accessed by students, early carrier engineers, and practitioners. Using our matrix-based modelling for solving ED problems will offer access to students, and to other interested people to better learn, specialize and take critical managerial decisions in related energy industry jobs.

Keywords

• engineering education
• energy management
• economics
• power generation dispatch
• algorithms