Optimizing the Dynamic Economic Dispatch Problem by the Distributed Consensus-Based ADMM Approach

This paper proposes a novel distributed approach to solve a new dynamic economic dispatch problem (DEDP) in which environmental cost function and ramp rate constraints are taken into consideration in islanded microgrid. In our proposed optimization model, the environmental cost function with E-exponential term and ramp rate constraints are considered to make the optimization problem more practical. Then a novel fully distributed algorithm is proposed to address the DEDP based on the alternating direction method of multipliers (ADMM) and distributed consensus theory of the multiagents system. A Lambert W function is employed to tackle the E-exponential term in the environmental cost function, which is different from most existing papers which discuss the DEDP only with quadratic cost functions. A parallel projection method on account of ADMM is used to deal with the ramp rate constraints in this paper. In addition, the power balance can be guaranteed every time when the sum of initial powder output is equal to the total demand. Therefore, the proposed algorithm can deal with the supply-demand constraints, capacity limit constraints, and ramp rate constraints. Finally, simulations on IEEE14-bus are introduced to further illustrate the effectiveness of the proposed algorithm.