A Transportation Method for Economic Dispatching - Application and Comparison

A new economic dispatching method, based on two transportation techniques, is presented. The minimum cost flow method is used to find an initial optimum based on a linear model. The resultant consistent set of power flows is used as the starting point for the Minty algorithm. The Minty algorithm uses a stepwise approximation of the generator and transmission line incremental costs to find the optimum based on the nonlinear model.