| Title |
Economic Dispatch Between Interconnected Utilities using Consensus ADMM |
| DOI |
https://doi.org/10.5370/KIEE.2021.70.11.1640 |
| Keywords |
Distributed optimization; economic dispatch (ED); consensus ADMM; Newton-Raphson method. |
| Abstract |
This paper presents an optimization for the economic dispatch between interconnected multi-regional utilities, which does not require any form of central coordination. A distributed algorithm based on the alternating direction method of multipliers (ADMM) is proposed in this paper. The solution of a local or regional optimization is exchanged only between neighboring areas. In the update process, the decision variables for consensus area determine the optimal solution of each area including consensus buses and calculate the average of consensus buses. The performance of the proposed consensus ADMM was compared to that of the Newton-Raphson method. |