Distributed optimization algorithm for economic dispatch: A bisectional approach
Hao Xinga; Minyue Fub; Zhiyun Lina a School of Automation, Hangzhou Dianzi University, Hangzhou, Zhejiang, People’s Republic of Chinab School of Electrical Engineering and Computing, University of Newcastle, Callaghan, NSW, Australia
Abstract
In this chapter, the distributed bisection algorithm (DBA) is presented for the economic dispatch problem in a smart grid scenario, with the goal to minimize the aggregated cost of a network of generators, which cooperatively furnish a given amount of power within their individual capacity constraints. The DBA adopts the method of bisection, and is based on a consensus-like iterative method, with no need ...
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