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We may wish to go a further step beyond the simple gradient method and
try to solve the economic dispatch by observing that the aim is to
always drive
then
2 2 2
3 3 3
Generally, Newton's method will solve for the correction that is much
closer to the minimum generation cost in one step than would the
gradient method.
The gradient is the same as in Example 3E, the Hessian matrix is:
In this example, we shall simply set the initial λ equal to 0, and the
initial generation values will be the same as in Example 3E as well.
Solving for the correction to the x vector and making the correction, we
obtain
For all units running, we start with all of them at Pmin, then begin to
raise the output of the unit with the lowest incremental cost segment.
Eventually, we will reach a point where a unit's output is being raised and
the total of all unit outputs equals the total load, or load plus losses. At that
point, we assign the last unit being adjusted to have a generation which
is partially loaded for one segment.
Note, that if there are two units with exactly the same incremental cost,
we simply load them equally.
To make this procedure very fast, we can create a table giving each
segment of each unit its MW contribution (the right-hand end MW
minus the left-hand end MW). Then we order this table by ascending
order of incremental cost.
By searching from the top down in this table we do not have to go and
look for the next segment each time a new segment is to be chosen. This is
an extremely fast form of economic dispatch.