Abstract
It is well known that the coefficients of the input-output characteristics of the thermal steam-turbine model as well as the network model parameters have a great effect on the optimal economic operation of all thermal-electric power systems. Until today, these coefficients, the loss formula coefficients, theB-coefficients, and the active-reactive power loss models have been estimated using the well-known least-square estimation algorithm.
In this paper, we present a new algorithm to estimate the power system parameters for economic dispatch calculation (EDC); this algorithm is based on the least absolute-value approximation (LAV)l 1-norm. We compare the results obtained using the proposed algorithms with those obtained using the least-square error algorithm (LS). Optimal costs as well as overall network performance resulting from the implementation of each technique provide the basis of our conclusion.
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Communicated by C. T. Leondes
This work was supported by the Natural Science and Engineering Research Council of Canada, Grant No. A4146.
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Soliman, S.A., Eman, S.E. & Christensen, G.S. New approach for the identification of power system economic dispatch parameters. J Optim Theory Appl 65, 103–115 (1990). https://doi.org/10.1007/BF00941162
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DOI: https://doi.org/10.1007/BF00941162